26908 Malibu Cove Colony Drive, Malibu, California 90265, Malibu, 90265 - 5 bed, 5 bath

26908 Malibu Cove Colony Drive, Malibu, California 90265 home-pic-0

26908 Malibu Cove Colony Drive

Malibu, California 90265

ACTIVE
CONDITION: GOOD
5Beds
5Baths
3,354Sq Ft
7,465Lot Size

Property Price

LIST PRICE$10,925,000
EST. MARKET VALUE
$10,925,000

SUMMARY

Analysis of 26908 Malibu Cove Colony Drive, Malibu, California 90265 reveals a Fairly Priced Property with a current list price of $10,925,000  aligned with the estimated $10,925,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

$10,925,000
Based on Realkey algorithm analyzing recent comparable sales in Malibu.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
26908 Malibu Cove Colony Drive
Subject
$10,925,000*
List Price
553,354$3,257-
A
26520 Latigo Shore Drive
Sold
$12,000,000453,519$3,4100.5 mi
B
27112 Malibu Cove Colony Drive
Active
$8,950,000
List Price
343,417$2,6190.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 1974, this property has clearly undergone extensive renovations, likely within the last 10-15 years, making it move-in ready. The home features rich hardwood floors throughout, updated bathrooms with modern fixtures, and a bright, open-concept layout. While the kitchen's black granite countertops and cabinet hardware, along with the cooktop, suggest a renovation that isn't brand new, it is clean, functional, and well-maintained. The overall condition is excellent, with no immediate repairs or updates required, aligning with the 'Good' category criteria for a well-maintained property with updated systems within their expected lifespan.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Beachfront Location & Exclusivity

    Ideally situated on a guard-gated street in Malibu Cove Colony Drive, offering unparalleled exclusivity and direct access to the sand, embodying the essence of luxury coastal living.

  • Panoramic Ocean & Coastline Views

    The property boasts sweeping ocean, coastline, and city light views from key living areas, with the oceanfront primary suite featuring a private balcony and panoramic Pacific vistas.

  • Exceptional Outdoor Entertainment & Amenities

    Features an expansive seaside deck with a fire pit, direct beach access, a charming surf shack, a serene courtyard with a spa, and an outdoor fireplace, perfect for entertaining and relaxation.

CONSRISKS & DEFICIENCIES

  • High Association Fees

    The property carries a significant association fee of $9,625.0, which represents a substantial ongoing cost for potential buyers.

  • Recent Price Reduction

    The listing history indicates a recent price reduction from $11.45 million to $10.925 million, which could suggest initial overpricing or a slower market response.

  • Digitally Enhanced Imagery

    The disclosure that 'Burning fire in fireplaces and fire pit have been digitally added' may create unrealistic expectations regarding the current functionality or aesthetic of these features.

About 26908 Malibu Cove Colony Drive

Enjoy the art of beachfront living in this elegant five-bedroom home, ideally situated on a guard-gated street for the ultimate in exclusivity and peace of mind. A serene courtyard entry welcomes you into a covered loggia with a soothing spa, outdoor fireplace, and lush greenery creating a tranquil oasis before you even step inside. Upon entering, rich hardwood floors flow seamlessly throughout the home's sunlit, open-concept layout. Both the living and family rooms feature fireplaces, sweeping ocean, coastline and city light views, opening directly onto an expansive seaside deck with a fire pit perfect for effortless entertaining and sunset gatherings. The main level includes a private en-suite bedroom with its own entrance, ideal for guests. Upstairs, the oceanfront primary suite offers a private balcony, fireplace, and walk-in closet, creating a true sanctuary with panoramic views of the Pacific. Three additional bedrooms complete the upper level, each bright and spacious. Three additional bedrooms complete the upper level, and all feature vaulted, beamed ceilings that enhance their bright, airy, coastal charm. Set directly on the sand, the entertainer's deck offers direct access to the water's edge and your own charming surf shack. Modern comforts include an electric car charger, a three-car garage, and additional private parking. Blending luxury with relaxed coastal living, this home perfectly captures the essence of life at the beach. *Burning fire in fireplaces and fire pit have been digitally added.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1974
Lot Size
7,465 Sq. Ft.

Interior

Total Bedrooms
5
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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
74%
Baths5.04.0
68%
Square foot3,3542,960.5
58%
Lot Size7,46517,639.5
20%
Price$10.93M$4.10M
83%
Price per sq ft$3.3K$1.3K
91%
Built year19741977
45%
HOA$9625.0$0
98%
Days on market135217
17%

Pricing History

Listed for Sale

Dec 1, 2025

$10,925,000

$11,450,000

-5% Price Drop

Initial Listing

Price Change

Oct 22, 2025

$11,450,000

Initial Listing

Sold

Dec 31, 1997

$1,690,000

Public Record

Browse Properties by State Browse housing market trends by state