
Malibu, California 90265
This Luxury Beachfront Residence is a Strong Value Opportunity, listed at $9,995,000—positioned well below the $10,420,746 Fair Market Value by 4%. This valuation gap offers $425,746 in Instant Equity for incoming owners. Featuring a Move-In Ready Condition with a Modernized Kitchen and Panoramic Ocean Views, the property provides a turnkey sanctuary in the gated Malibu Cove Colony. Served by the Santa Monica-Malibu Unified District, it is an elite choice for Luxury Homeowners or Coastal Lifestyle Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27078 Malibu Cove Colony Drive Subject | $9,995,000* List Price | 3 | 3 | 3,323 | $3,215 | - |
A 26908 Malibu Cove Colony Drive Active | $10,925,000 List Price | 5 | 5 | 3,354 | $3,257 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite its 1958 construction, the property is in move-in ready condition with high-end updates throughout. The kitchen is modernized with professional-grade stainless steel appliances, stone countertops, and contemporary cabinetry. Bathrooms feature updated fixtures and clean, modern tiling. The home includes desirable features like floor-to-ceiling glass walls, recessed lighting, and updated flooring that complement its mid-century architecture. While the structure is vintage, the interior finishes and maintenance levels align with a high-quality, well-maintained luxury residence.
Situated in the prestigious Malibu Cove Colony, this property offers elite privacy and security in one of Malibu's most coveted and secure beachfront enclaves.
The home boasts spectacular, unobstructed vistas of the Pacific Ocean, Catalina Island, and the coastline, providing a quintessential luxury coastal experience.
With 3,323 square feet of interior space, this residence offers a significantly larger footprint than many standard beach bungalows, providing ample room for high-end customization.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6244, other record lot size in square feet = 6187. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3323, other record living area = 1824. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1958, the property may require significant structural updates or modern renovations to meet the expectations of contemporary luxury buyers.
Beyond the nearly $10 million purchase price, the property involves recurring association fees and the high maintenance costs typical of aging beachfront real estate.
Located within the prestigious guard-gated enclave of Malibu Cove Colony, this beautifully updated oceanfront residence offers sweeping panoramic views of the Pacific and an exceptional opportunity to own along one of Malibu's most desirable stretches of coastline. Positioned directly on the sand, the home captures breathtaking ocean vistas from nearly every room.The interior is defined by soaring vaulted ceilings and dramatic walls of glass that frame the sparkling horizon and fill the home with natural light. The expansive living room opens seamlessly to a spacious beachfront deck, creating an effortless indoor-outdoor flow ideal for entertaining or relaxing while enjoying the sound of the waves.A thoughtfully designed kitchen features custom cabinetry, stone countertops, premium appliances, and a large center island that connects naturally to the main living areas and ocean views beyond.Upstairs, the oceanfront primary suite offers a serene retreat with vaulted ceilings, stunning water views, and access to the deck. Additional bedrooms provide comfortable accommodations for guests while maintaining the home's bright coastal aesthetic. A spa-style bathroom with soaking tub, glass shower, and elegant finishes adds to the home's sense of relaxation.Outdoor living spaces include an expansive beachfront deck ideal for dining and lounging above the sand, as well as a private courtyard with spa providing a peaceful setting away from the ocean breeze.Set within Malibu Cove Colony, one of Malibu's most coveted gated beach communities, the property offers privacy and security just moments from world-class dining, shopping, and the Malibu Country Mart.A rare opportunity to experience quintessential Malibu beachfront living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 3.0 | 4.0 | 48% |
| Square foot | 3,323 | 2,752 | 59% |
| Lot Size | 6,244 | 18,559.5 | 14% |
| Price | $9.99M | $3.77M | 83% |
| Price per sq ft | $3.0K | $1.3K | 91% |
| Built year | 1958 | 1979 | 16% |
| HOA | $416.0 | $0 | 80% |
| Days on market | 46 | 226 | 2% |
Mar 7, 2026
$9,995,000
Initial Listing