
Malibu, California 90265
This Single Family Residence is a Strong Value Opportunity, listed at $2,990,000—positioned well below the $3,172,342 Fair Market Value by 5%. This valuation gap offers $182,342 in Instant Equity for the buyer. With a Good Condition Rating, the home features Advanced Energy Infrastructure including solar and Tesla batteries, plus a rare built-out basement. Ideally located near top-rated Malibu schools and beaches, this property is perfect for Owner-Occupants seeking a turnkey coastal sanctuary or discerning investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28935 W Beach Lane Subject | $2,990,000* List Price | 4 | 4 | 4,437 | $715 | - |
A 28935 W Beach Lane Active | $3,298,000 List Price | 4 | 4 | 4,437 | $743 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property falls within the 10-20 year age bracket. It is exceptionally well-maintained and move-in ready with significant modern system upgrades, including solar panels, Tesla backup batteries, and a Level 2 EV charger. While the kitchen and layout reflect the original construction era, the 'modern updates' mentioned and the pristine condition of the interior justify a high 'Good' rating.
The property features a rare built-out basement with a wine cellar and two private offices—one with a separate street entrance—offering versatile living and professional utility seldom found in this coastal market.
Equipped with solar panels, two Tesla backup batteries, and a Level 2 EV charger, the home provides superior energy efficiency and power reliability, which is a significant value-add in Malibu.
Situated behind private gates near Point Dume, the residence offers a tranquil 'quiet side of Malibu' lifestyle with immediate proximity to top-rated schools and world-class beaches.
Being a hillside property may present limitations regarding the total usable outdoor acreage and potential long-term slope maintenance common to the area's geography.
The mandatory bi-annual HOA fee of $2,250 adds a consistent carrying cost that may be a deterrent for buyers preferring a more independent residential ownership structure.
Welcome to 28935 W. Beach Lane, a serene Malibu Retreat located behind private gates just across from Pt. Dume. Light-filled and inviting, this 4-bed, 3.5-bath home features an open layout with large windows throughout, skylights, high ceilings, modern updates, and a seamless indoor-outdoor flow. The gourmet kitchen includes a center island, walk-in pantry, and built-in banquette, complimented by both casual and formal dining spaces. Additional amenities include generously-sized bedrooms and closets and two private offices (one with a separate street entrance), a well-crafted built-out basement including a wine cellar and other multi-purpose space, unlike anything you'll find anywhere else less than a mile from the beach. This unique hillside property also includes solar panels with two Tesla backup batteries that seamlessly transition power during planned and unplanned outages, a Level 2 charger for electric vehicles, and split AC units. The fenced backyard offers a flat grassy lawn, citrus trees, a raised garden bed, and landscaping that balances both full and drought-tolerant elements , all with privacy in mind. Ideally located just minutes from top Malibu schools, as well as Zuma, Westward, and Big Dume beaches, shopping, and dining on this quieter side of Malibu. This property blends tranquility with convenience. HOA dues are $2250 bi-annually which equates to $375 a month.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.3 |
| Baths | 4.0 | 3.7 |
| Square foot | 4,437 | 2,959.4 |
| Lot Size | 12,883 | 37,912.886 |
| Price | $2.99M | $4.17M |
| Price per sq ft | $674 | $1.3K |
| Built year | 2005 | 1977 |
| HOA | $2250.0 | $1.3K |
| Days on market | 29 | 102 |
Aug 11, 2026
$2,990,000
Initial Listing
Sep 1, 2006
$2,125,000
Public Record
May 17, 2006
$2,125,000
Public Record