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

26908 Malibu Cove Colony Drive
Malibu, California 90265
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26908 Malibu Cove Colony Drive Subject | $10,925,000* List Price | 5 | 5 | 3,354 | $3,257 | - |
A 26520 Latigo Shore Drive Sold | $12,000,000 | 4 | 5 | 3,519 | $3,410 | 0.5 mi |
B 27112 Malibu Cove Colony Drive Active | $8,950,000 List Price | 3 | 4 | 3,417 | $2,619 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 74% |
| Baths | 5.0 | 4.0 | 68% |
| Square foot | 3,354 | 2,960.5 | 58% |
| Lot Size | 7,465 | 17,639.5 | 20% |
| Price | $10.93M | $4.10M | 83% |
| Price per sq ft | $3.3K | $1.3K | 91% |
| Built year | 1974 | 1977 | 45% |
| HOA | $9625.0 | $0 | 98% |
| Days on market | 135 | 217 | 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
































