
Malibu, California 90265
This Expansive Single-Story Malibu Estate is a High-Potential Investment Opportunity, listed at $4,475,000—positioned well below the $5,107,214 Fair Market Value by 12%. This valuation gap offers $632,214 in Instant Equity. Featuring a Condition Rating of 3, the residence includes a renovated kitchen with Viking appliances and iconic Queen's Necklace views. Situated in Malibu Country Estates near 9/10-rated Webster Elementary, it offers a rare blend of lifestyle and equity. This is perfect for Owner-Occupants or Luxury Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24656 Blue Dane Lane Subject | $4,475,000* List Price | 4 | 4 | 3,932 | $1,299 | - |
A 3516 Malibu Country Drive Sold | $3,700,000 | 4 | 4 | 2,895 | $1,278 | 0.2 mi |
B 24656 Blue Dane Lane Active | $4,750,000 List Price | 4 | 4 | 3,932 | $1,208 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1978, the property has undergone high-end renovations in the kitchen and bathrooms that appear to be within the 10-20 year range. Featuring Viking stainless steel appliances, stone countertops, and updated hardwood flooring, the home is exceptionally well-maintained and move-in ready.
Elementary School: Webster Elementary School (9/10).
The property boasts spectacular 'Queen's Necklace' and Catalina Island views, providing a quintessential Malibu backdrop from the primary living areas and outdoor spaces.
Situated at the end of a quiet cul-de-sac in the prestigious Malibu Country Estates, the home offers exceptional privacy with no neighboring properties looking into the residence.
Built in 1978, the property may require significant capital investment for modernizing systems and finishes to meet the expectations of today's high-end luxury market.
At a list price of $4.475M, buyers may find the price point aggressive for a home of this vintage that has not undergone a comprehensive contemporary renovation.
With breathtaking views of the Queen's Necklace, Catalina and beyond, this large, single-story 4-bedroom, 3.5 bath home is located at the end of a cul-de-sac on one of the best streets in the highly sought-after Malibu Country Estates. Designed with privacy in mind, the property enjoys a peaceful setting with no neighboring homes looking into the residence. The open floor plan features spacious living, family, and dining rooms that capture natural light and ocean views, while the kitchen connects seamlessly to the entertaining areas. The generous primary suite includes a beautiful bath and direct access to a private patio, with three additional bedrooms offering comfort and flexibility. The well-maintained grounds feature patios and seating areas ideal for entertaining or relaxing around the fire pit while enjoying the privacy and spectacular ocean views. Outside, the yard includes numerous healthy, fruit-bearing citrus trees, adding the joy of fresh citrus from your own garden. Additional highlights include a large three-car garage and the potential for Pepperdine Wave Associates membership. Conveniently located near Pepperdine University, Malibu's beaches, the Country Mart, local dining, shopping, and the Sunday farmers market.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-12 • 6.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,932 | 3,190 | 69% |
| Lot Size | 15,257 | 25,853.5 | 43% |
| Price | $4.47M | $4.58M | 49% |
| Price per sq ft | $1.1K | $1.3K | 40% |
| Built year | 1978 | 1979 | 43% |
| HOA | $250.0 | $0 | 84% |
| Days on market | 47 | 212 | 4% |
Apr 30, 2026
$4,475,000
Initial Listing
May 3, 2006
$2,895,000
Public Record