26902 Malibu Cove Colony Drive, Malibu, California 90265, Malibu, 90265 - 4 bed, 5 bath

26902 Malibu Cove Colony Drive, Malibu, California 90265 home-pic-0
ACTIVE$8,995,000$2,644/sqft
Est. Value: $9,466,527
5%
BelowEstimate
26902 Malibu Cove Colony Drive, Malibu, California 90265
4Beds
5Baths
2,644Sqft
7,429Lot

Price Vs. Estimate

The estimated value ($9,466,527.4) is $471,527.4 (5%) higher than the list price ($8,995,000). This property may be underpriced.

Key pros and cons

Top Pros:
Unparalleled Oceanfront Location & Views: Direct beach access and expansive decks offer panoramic views of Catalina, the Pacific Ocean, city lights, coastline, and Point Dume from multiple rooms and balconies, defining luxury coastal living.
Top Cons:
Age of Property & Potential System Updates: Built in 1975, while architecturally significant, the property's age may imply older infrastructure or systems that could require future updates or maintenance, which are not explicitly mentioned as modernized.

Compared to the nearby listings

Price:$8.99M vs avg $4.35M (+$4,645,000)76%
Size:2,644 sqft vs avg 2,644 sqft50%
Price/sqft:$3.4K vs avg $1.3K89%

More Insights

Built in 1975 (51 years old).
Condition: Built in 1975, this architecturally significant home is exceptionally well-maintained for its age, with no apparent deferred maintenance. However, the kitchen features custom cabinetry and hand-tiled counters that, along with the 'vintage tiled tub' and patterned tile work in the bathrooms, are distinctly 1970s/80s in style. While functional, these areas are significantly outdated and would require substantial stylistic updates to meet current quality standards and modern aesthetics. The presence of carpet in a bathroom also indicates an older design choice. The property's systems, including the lack of a dedicated cooling system, also suggest it has not undergone a major recent renovation.
Year Built
1975
Close
-
List price
$8.99M
Original List price
$8.99M
Price/Sqft
$3,402
HOA
$9,625
Days on market
-
Sold On
-
MLS number
26638161
Home ConditionFair
Features
Excellent View: Catalina, City Lights, Coastline, Mountain(s), Ocean, Panoramic, Water
Deck
ViewCatalina,City Lights,Coastline,Mountain(s),Ocean,Panoramic,Water

About this home

Poised on the quiet cul-de-sac end of Malibu Cove Colony's private road, this oceanfront estate is an extraordinary work of art by renowned architect Harry Gesner. With its soaring geometries, expressive woodwork, and walls of glass that frame the endless Pacific, the home reflects Gesner's signature blend of drama and intimacy. Approached by a wooden bridge detailed with nautical rope, the residence begins with monumental double doors salvaged from the historic San Francisco Mint, an entry that immediately signals rarity and provenance. Inside, a world of handcrafted artistry unfolds, illuminated by sunlight streaming through skylights and stained-glass windows reclaimed from a historic church. The interiors are a celebration of natural materials and timeless design. Wood-beam ceilings, wide-plank floors, and five fireplaces create warmth and character, while sweeping walls of glass open to panoramic views stretching down the coast to Point Dume. The main level embraces open concept living, where the family room flows seamlessly into a window-lined dining area and onward to an ocean-view kitchen featuring custom cabinetry, bar seating, a butcher block island, double Thermador ovens, and hand-tiled counters. On the level below, the living room serves as a dramatic gathering space with soaring ceilings, another grand brick fireplace, a stained-glass rose window, and sliding doors that open to a broad oceanfront deck designed for dining, lounging, and effortless indoor-outdoor living. Upstairs, three of the four bedrooms boast sweeping ocean views, capturing the artistry and serenity of this one-of-a-kind residence. The primary suite is a private sanctuary with wood beam ceilings, a fireplace with artisan tile detailing, and sliding doors to its own oceanfront balcony. A loft retreat, accessed by ladder, overlooks the coastline with extraordinary views. The primary bath continues the artistry with double vanities, a walk-in shower, an in-ground vintage tiled tub, and access to a second private terrace overlooking the lush hillside. Additional bedrooms feature sliding glass doors to ocean-view decks and stained-glass accents that enhance the home's singular character. Everywhere, bespoke craftsmanship abounds from custom built-ins to nautical-inspired railings underscoring the home's authenticity and artistry.With direct beach access and expansive decks hovering above the sand, this is more than a residence: it is a piece of California architectural history. A rare chance to own a Harry Gesner original in Malibu Cove Colony, where art, history, and coastal living converge in perfect harmony.

C
Christopher Cortazzo
Listing Agent
Condition Rating
Fair

Built in 1975, this architecturally significant home is exceptionally well-maintained for its age, with no apparent deferred maintenance. However, the kitchen features custom cabinetry and hand-tiled counters that, along with the 'vintage tiled tub' and patterned tile work in the bathrooms, are distinctly 1970s/80s in style. While functional, these areas are significantly outdated and would require substantial stylistic updates to meet current quality standards and modern aesthetics. The presence of carpet in a bathroom also indicates an older design choice. The property's systems, including the lack of a dedicated cooling system, also suggest it has not undergone a major recent renovation.
Pros & Cons

Pros

Unparalleled Oceanfront Location & Views: Direct beach access and expansive decks offer panoramic views of Catalina, the Pacific Ocean, city lights, coastline, and Point Dume from multiple rooms and balconies, defining luxury coastal living.
Architectural Masterpiece by Harry Gesner: A rare and iconic 'work of art' by renowned architect Harry Gesner, this property boasts significant historical and artistic provenance, making it a unique collector's item.
Exceptional Custom Craftsmanship & Materials: Features include monumental double doors from the historic San Francisco Mint, stained-glass windows reclaimed from a historic church, expressive woodwork, natural materials, custom built-ins, and artisan tile detailing throughout.
Seamless Indoor-Outdoor Living: Sweeping walls of glass, an open-concept design, and multiple oceanfront decks and balconies facilitate an immersive coastal living experience, blurring the lines between interior and exterior.
Exclusive & Private Setting: Poised on the quiet cul-de-sac end of Malibu Cove Colony's private road, the property offers a secluded and prestigious environment, ensuring privacy and tranquility.

Cons

Age of Property & Potential System Updates: Built in 1975, while architecturally significant, the property's age may imply older infrastructure or systems that could require future updates or maintenance, which are not explicitly mentioned as modernized.
High Annual Association Fees: The property carries a significant annual association fee of $9,625, which is a substantial recurring cost that potential buyers must factor into their long-term budget.
Absence of Dedicated Cooling System: The property description does not mention a dedicated cooling system (e.g., central air conditioning), which could be a drawback for some buyers, particularly during warmer periods, despite coastal breezes.
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