28368 Rey De Copas Lane, Malibu, California 90265, Malibu, 90265 - 2 bed, 3 bath
28368 Rey De Copas Lane
Malibu, California 90265
Property Price
SUMMARY
Analysis of 28368 Rey De Copas Lane, Malibu, California 90265 is currently available with a list price of $1,050,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property has undergone a significant recent renovation, as evidenced by the modern kitchen with quartz countertops, custom cabinetry, stainless steel appliances, and the wide-plank wood flooring and recessed lighting throughout the main living areas and bedrooms. The mini-split AC unit is also a modern upgrade. However, the visible bathroom vanity (Image 9) with its tiled countertop, drop-in sinks, and dated light fixture does not align with the 'fully renovated' claim or the modern aesthetic of the rest of the home. While the property is largely move-in ready and well-maintained, this dated bathroom component prevents it from achieving an 'Excellent' score, suggesting the renovation was not comprehensive across all areas or that some elements were updated much earlier.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Webster Elementary School (9/10).
- Extensive Renovation & Modern Design
This townhome has been fully renovated, featuring modern design elements like wide-plank wood flooring, vaulted ceilings, and a recently updated chef's kitchen, offering a move-in ready experience.
- Prime Malibu Location with Ocean Views
Situated in desirable Malibu, the property offers ocean views and is conveniently located minutes from iconic beaches (Paradise Cove, Zuma Beach) and upscale amenities (Malibu Country Mart).
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly association fee of $855.0 is substantial and adds significantly to the overall cost of ownership, which may be a deterrent for some potential buyers.
- Older Construction Year
Despite extensive renovations, the property's original build year of 1974 might raise concerns for some buyers regarding the age of underlying infrastructure or potential long-term maintenance, even if cosmetic updates are thorough.
- Significant Price Reductions
The property has undergone multiple price reductions, from an initial list price of $1.2M down to $1.05M, which could indicate it was initially overpriced or has faced challenges attracting buyers at previous price points.
About 28368 Rey De Copas Lane
This fully renovated 2-bedroom, 2.5-bathroom townhome in the gated Malibu Villas blends modern design with coastal charm. Bright, open interiors feature wide-plank wood flooring, vaulted ceilings, and a cozy fireplace, flowing seamlessly to multiple outdoor spaces surrounded by lush greenery ocean views. The recently updated chef's kitchen boasts quartz countertops, custom cabinetry, and stainless-steel appliances. Upstairs, the primary suite offers vaulted ceilings, generous closet space, and private balcony access, while secondary bedrooms provide versatility for guests or a home office. Malibu Villas residents enjoy a pool, spa, clubhouse, and gated entry, all just minutes from Paradise Cove, Zuma Beach, and Malibu Country Mart.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1974
- Lot Size
- 5,625 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $855.0 / Month
Neighborhood Insights
Malibu Unified Schools
Webster Elementary School
Grades K-5 • 5.3 mi
Malibu High School
Grades 6-12 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,306 | 1,803 | 50% |
| Lot Size | 5,625 | 24,115 | 50% |
| Price | $1.05M | $1.39M | 50% |
| Price per sq ft | $804 | $776 | 50% |
| Built year | 1974 | 1987 | 50% |
| HOA | $855.0 | $1.2K | 50% |
| Days on market | 212 | 164 | 0% |
Pricing History
Listed for Sale
Nov 7, 2025
$1,050,000
$1,175,000
-11% Price Drop
Initial Listing
Price Change
Sep 19, 2025
$1,175,000
$1,200,000
-2% Price Drop
Initial Listing
Price Change
Aug 6, 2025
$1,200,000
Initial Listing
Sold
Jul 13, 2004
$157,500
Public Record
Sold
Sep 28, 2001
$305,000
Public Record