24798 Brown Latigo, Malibu, California 90265, Malibu, 90265 - 4 bed, 3 bath
24798 Brown Latigo
Malibu, California 90265
Property Price
SUMMARY
Analysis of 24798 Brown Latigo, Malibu, California 90265 reveals a Fairly Priced Property with a current list price of $2,850,000 aligned with the estimated $2,850,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Malibu Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property, though built in 1989, has been 'meticulously remodeled with premium materials,' as stated in the description. The images confirm a high standard of renovation, particularly in the kitchen and bathrooms. The chef's kitchen features high-end Viking appliances, granite countertops, and custom cabinetry, all appearing in excellent condition. The primary bathroom boasts a 'spa-like retreat' with a large, well-tiled walk-in shower. Hardwood floors, custom iron railings, and ample recessed lighting throughout the home further underscore the quality of the recent updates. The property shows no signs of deferred maintenance and meets current quality standards, making it move-in ready with a luxurious feel.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Ocean & Mountain Views
The property boasts breathtaking ocean, mountain, and sunset views from nearly every room, significantly enhancing its appeal and value.
- Extensive Remodel & Premium Finishes
Meticulously remodeled with premium materials, including a chef's kitchen with Viking appliances and granite countertops, custom iron railings, and high ceilings, offering a luxurious and move-in ready experience.
- Prime Gated Malibu Location
Nestled behind the gates of West Saddle Peak, offering privacy and security, while being conveniently situated between Calabasas, Topanga, and Malibu for access to amenities.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1989, despite extensive remodeling, the underlying structure's age may lead to concerns about older systems or components not covered by recent updates.
- Absence of Dedicated Pool/Spa
For a luxury estate promoting 'resort-style living' on a one-acre lot in Malibu, the lack of a swimming pool or dedicated spa area could be a notable omission for some high-end buyers.
- Potential HOA Fees & Restrictions
Being located within a gated community ('West Saddle Peak') likely entails homeowners' association fees and potential architectural or usage restrictions, which may not appeal to all prospective buyers.
About 24798 Brown Latigo
Nestled behind the gates of West Saddle Peak, this stunning one-acre Ocean View Mediterranean estate has been meticulously remodeled with premium materials. The residence offers four well-positioned bedrooms, impressive ceiling heights with ample recessed lighting, custom iron railings, and numerous windows that flood the interiors with natural light from sunrise to sunset. The chef's kitchen is equipped with granite countertops, Viking appliances, and tasteful designer accents. The property features multiple mature fruit trees and provides generous space for a personal chef's garden. Enjoy breathtaking ocean, mountain, and sunset views from nearly every room. The living and dining spaces flow effortlessly to a spacious ocean-view deck, ideal for indoor/outdoor entertaining. The primary suite offers a spa-like retreat with its own deck and a relaxing bathtub. This home, with its serene ambiance, spectacular views, and unparalleled luxury, epitomizes resort-style living. Perfectly situated between Calabasas, Topanga, and Malibu, it offers convenient access to a variety of recreational activities, dining options, and shopping. This turnkey estate presents a unique combination of privacy, convenience, and scenic beauty, making it an ideal Malibu retreat.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 47,180 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Malibu Unified Schools
Webster Elementary School
Grades K-5 • 3.4 mi
Chaparral Elementary School
Grades K-5 • 5.1 mi
Alice C. Stelle Middle School
Grades 6-8 • 5.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 43% |
| Square foot | 3,600 | 2,981 | 66% |
| Lot Size | 47,180 | 18,369 | 75% |
| Price | $2.85M | $3.80M | 28% |
| Price per sq ft | $792 | $1.3K | 15% |
| Built year | 1989 | 1978 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 318 | 221 | 81% |
Pricing History
Listed for Sale
Oct 14, 2025
$2,850,000
$2,950,000
-3% Price Drop
Initial Listing
Price Change
Apr 22, 2025
$2,950,000
Initial Listing
Sold
Apr 30, 2004
$1,095,000
Public Record