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

28815 Pacific Coast Highway, Malibu, California 90265 home-pic-0

28815 Pacific Coast Highway

Malibu, California 90265

ACTIVE
CONDITION: FAIR
5Beds
3Baths
1,612Sq Ft
7,405Lot Size

Property Price

LIST PRICE$3,250,000

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

Fair
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
74%
Baths3.04.0
44%
Square foot1,6122,917.5
12%
Lot Size7,40517,639.5
20%
Price$3.25M$3.90M
41%
Price per sq ft$2.0K$1.3K
76%
Built year19751977
45%
HOA$0$0
50%
Days on market60217
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

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