28815 Pacific Coast Highway, Malibu, California 90265, Malibu, 90265 - 5 bed, 3 bath

28815 Pacific Coast Highway
Malibu, California 90265
Property Price
SUMMARY
Analysis of 28815 Pacific Coast Highway, Malibu, California 90265 is currently available with a list price of $3,250,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is a well-maintained 1975 original that appears clean and livable but is significantly dated. The kitchen and bathrooms feature original cabinetry, tile countertops, and older fixtures that have not been modernized. While the home shows pride of ownership and regular upkeep, it requires comprehensive aesthetic and functional updates to meet contemporary luxury standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1612.
- Iconic Panoramic Views
The property boasts rare, unobstructed 180-degree views of the Pacific Ocean and the famed 'Queen's Necklace,' providing a breathtaking backdrop that defines the Malibu luxury lifestyle.
- Exceptional Privacy and Acreage
Situated on a sprawling 2.29-acre mountain-top lot with a long private driveway, the estate offers a level of seclusion and separation from the Pacific Coast Highway that is seldom found.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
Built in 1975, the existing residence likely requires extensive modernization or a full rebuild to align with current luxury standards and the high value of the land.
- Regulatory and Data Complexities
Discrepancies between recorded lot size data and marketing descriptions, coupled with Malibu's stringent coastal building regulations, may complicate the due diligence and permitting process for redevelopment.
About 28815 Pacific Coast Highway
For the first time in 75 years, a once-in-a-generation offering along the iconic Pacific Coast Highway. 28815 Pacific Coast Highway Set high above the coastline on 2.29 private acres, this legacy property sits at the top of a mountain with commanding, unobstructed 180-degree views of the Pacific Ocean. From this vantage point, you experience what many consider the very best view of the famed Queen's Necklace a sweeping panorama that stretches endlessly along the curve of the coast, sparkling by day and glowing with city lights by night. A long, private driveway creates a true sense of arrival, winding up to the residence and offering complete privacy and separation from the road below. The setting is quiet, elevated, and irreplaceable. The home offers nearly 2,400 square feet of living space with 4 bedrooms and 3 bathrooms. Generous living areas and large windows are oriented toward the view, allowing natural light to pour in and the ocean to become the backdrop of everyday living. Nearly every room captures the drama of the coastline. The 2.29-acre parcel provides both space and opportunity whether you choose to preserve its existing charm or reimagine the property into a modern coastal estate, the foundation here is extraordinary. Mountain-top privacy combined with one of Malibu's most iconic vantage points is something rarely available and almost never with this kind of history. A true generational offering. Elevated. Private. Unmatched.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $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 | 3.0 | 4.0 | 44% |
| Square foot | 1,612 | 2,917.5 | 12% |
| Lot Size | 7,405 | 17,639.5 | 20% |
| Price | $3.25M | $3.90M | 41% |
| Price per sq ft | $2.0K | $1.3K | 76% |
| Built year | 1975 | 1977 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 217 | 6% |
Pricing History
Listed for Sale
Feb 20, 2026
$3,250,000
$539,000
+503% Price Increase
Initial Listing
Price Change
Jan 5, 2026
$539,000
Initial Listing
Sold
Sep 30, 2009
$157,000
Public Record
Sold
Jun 17, 2005
$376,000
Public Record
Sold
Mar 14, 2002
$171,000
Public Record
Sold
May 2, 1997
$115,000
Public Record





















































