26820 Malibu Cove Colony Drive, Malibu, California 90265, Malibu, 90265 - 5 bed, 6 bath

26820 Malibu Cove Colony Drive
Malibu, California 90265
Property Price
SUMMARY
Analysis of 26820 Malibu Cove Colony Drive, Malibu, California 90265 reveals a Fairly Priced Property with a current list price of $15,995,000 aligned with the estimated $15,916,209 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26820 Malibu Cove Colony Drive Subject | $15,995,000* List Price | 5 | 6 | 4,090 | $3,891 | - |
A 26520 Latigo Shore Drive Sold | $12,000,000 | 4 | 5 | 3,519 | $3,410 | 0.4 mi |
B 27218 Pacific Coast Highway Sold | $17,600,000 | 3 | 4 | 3,829 | $4,597 | 0.6 mi |
C 26814 Malibu Cove Colony Drive Active | $12,750,000 List Price | 5 | 6 | 4,640 | $2,748 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1975, this property has clearly undergone an extensive, high-end renovation within the last 5 years, as evidenced by the modern, luxurious finishes throughout. The gourmet kitchen features professional-grade appliances and custom natural wood cabinetry, while the spa-like bathrooms boast contemporary fixtures, vessel sinks, and high-quality materials. All visible components appear new or virtually new, meeting current luxury standards. The unique architectural design, premium materials like American Southern cypress, and integrated smart features contribute to an overall 'excellent' condition, even with the noted absence of central air conditioning.
PROSSTRENGTHS & OPPORTUNITIES
- Direct Beach Access & Surf Spot
The property offers direct access to the beach and the renowned Latigo surf spot, making it exceptionally appealing for ocean enthusiasts and providing a premium coastal lifestyle.
- Panoramic Ocean Views
Boasting ocean views from almost every room, the home maximizes its prime Malibu location, offering stunning vistas and enhancing its luxury appeal.
- Unique Architectural Design & High-End Materials
Designed by architect Jay Vanos, the home is an 'architectural marvel' featuring an intricate blend of wood, stone, and metal, with American Southern cypress floors and a soaring wave redwood ceiling, showcasing exceptional craftsmanship and unique aesthetics.
CONSRISKS & DEFICIENCIES
- Lack of Central Air Conditioning
The property description does not mention a cooling system, which could be a significant drawback for comfort during warmer months, especially for a luxury home in California.
- Niche Architectural Style Appeal
While unique and high-quality, the specific architectural style and material blend may cater to a niche taste, potentially limiting the pool of prospective buyers compared to more universally appealing modern designs.
- Potential for System Updates
Built in 1975, despite its high-end finishes, the property may require updates to core systems (e.g., plumbing, electrical, or non-aesthetic HVAC components) to meet modern efficiency standards or buyer expectations for a luxury home at this price point.
About 26820 Malibu Cove Colony Drive
This architectural marvel features an intricate blend of vertical and horizontal planes of wood, stone, and metal, bathed in natural light streaming through sliding glass walls, strategically placed skylights, and an artistic glass floor. Designed by architect Jay Vanos, the finest woodworkers used American Southern cypress for its durability and golden hue on the floors and walls, complemented by a soaring wave redwood ceiling. With ocean views from almost every room, the home boasts a great room with a fireplace, a sitting/dining area, a gourmet kitchen with high-end appliances, and glass walls that open to an outdoor deck perfect for intimate or lavish entertaining. It includes three spacious master suites with fireplaces, luxurious spa-like baths, large closets, and ocean view decks, along with two additional bedrooms. Additional spaces include a sun-filled office/den, a cozy reading/library area, an art studio, an indoor sauna, a zen-style wellness area with sauna and cold plunge, and more. Steps lead to a lower-level surfboard storage area and provide direct access to the beach and renowned Latigo surf spot, making it an ideal home for surfing enthusiasts.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 6,330 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $416.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 73% |
| Baths | 6.0 | 4.0 | 84% |
| Square foot | 4,090 | 2,981 | 79% |
| Lot Size | 6,330 | 16,910 | 12% |
| Price | $15.99M | $4.00M | 94% |
| Price per sq ft | $3.9K | $1.3K | 96% |
| Built year | 1975 | 1976 | 46% |
| HOA | $416.0 | $0 | 79% |
| Days on market | 387 | 221 | 91% |
Pricing History
Listed for Sale
Feb 12, 2025
$15,995,000
Initial Listing
Sold
Jun 4, 2021
$10,400,000
Public Record





























