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

26902 Malibu Cove Colony Drive
Malibu, California 90265
Property Price
SUMMARY
Analysis of 26902 Malibu Cove Colony Drive, Malibu, California 90265 reveals a Prime Investment Opportunity with a current list price of $8,995,000—significantly undercutting the $9,466,527 Fair Market Value by 5%. This valuation gap indicates a +$471,527 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 26902 Malibu Cove Colony Drive Subject | $8,995,000* List Price | 4 | 5 | 2,644 | $3,580 | - |
A 26908 Malibu Cove Colony Drive Active | $10,925,000 List Price | 5 | 5 | 3,354 | $3,257 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1975, is an architectural masterpiece with unique character and appears well-maintained. However, the kitchen features custom cabinetry and hand-tiled counters that, along with the primary bathroom's vintage tiled tub, tiled counters, and carpeted floor, are distinctly dated in style. While functional and high-end appliances like Thermador ovens are present, these key areas would require significant cosmetic updates to meet current quality and aesthetic standards, aligning with the 'fair' criteria of being aged but maintained, with major components showing signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Masterpiece
Designed by renowned architect Harry Gesner, this property is an extraordinary work of art, featuring unique geometries, expressive woodwork, and reclaimed historic elements like San Francisco Mint doors and church stained-glass windows, offering significant provenance and artistic value.
- Unrivaled Oceanfront Location
Poised on a quiet cul-de-sac in the exclusive Malibu Cove Colony, the estate boasts a prime oceanfront position with direct beach access and expansive decks hovering above the sand, providing ultimate coastal living.
- Breathtaking Panoramic Views
Sweeping walls of glass and multiple ocean-view decks/balconies offer stunning panoramic views stretching down the coast to Point Dume, Catalina Island, city lights, and the endless Pacific from nearly every room.
CONSRISKS & DEFICIENCIES
- Premium Price Point
With a list price of nearly $9 million, the property targets a highly exclusive and niche luxury market, potentially limiting the pool of prospective buyers.
- Original Construction Year (1975)
While the design is timeless and features reclaimed elements, the 1975 build year suggests that core systems (e.g., HVAC, electrical, plumbing) may be original or require significant updates not explicitly detailed as modernized.
- Relatively Modest Scale
For an oceanfront estate in Malibu at this price point, the 2,644 sqft of living space and 7,429 sqft lot size might be considered less expansive compared to other luxury properties in the area, potentially not meeting expectations for buyers seeking larger compounds.
About 26902 Malibu Cove Colony Drive
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 7,429 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $9625.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 4.0 | 67% |
| Square foot | 2,644 | 2,940 | 43% |
| Lot Size | 7,429 | 16,910 | 19% |
| Price | $8.99M | $4.00M | 79% |
| Price per sq ft | $3.4K | $1.3K | 91% |
| Built year | 1975 | 1976 | 46% |
| HOA | $9625.0 | $0 | 99% |
| Days on market | 51 | 220 | 1% |
Pricing History
Listed for Sale
Jan 14, 2026
$8,995,000
Initial Listing














































