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2919 Valmere Drive, Malibu, California 90265, Malibu, 90265 - 3 bed, 3 bath

2919 Valmere Drive, Malibu, California 90265 home-pic-0
ACTIVE$2,100,000$2,224/sqft
Est. Value: $2,269,203
8%
BelowEstimate
2919 Valmere Drive, Malibu, California 90265
3Beds
3Baths
2,224Sqft
5,199Lot

Price Vs. Estimate

The estimated value ($2,269,202.99) is $169,202.99 (8%) higher than the list price ($2,100,000). This property may be underpriced.

Key pros and cons

Top Pros:
Prime Malibu Location & Views: Nestled in the desirable El Nido hills, this private retreat offers breathtaking ocean and mountain views from expansive windows, with convenient access to Malibu's best beaches, hiking, and dining.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2224, other record living area = 1476. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

Compared to the nearby listings

Price:$2.10M vs avg $4.30M ($-2,200,000)17%
Size:2,224 sqft vs avg 2,564 sqft31%
Price/sqft:$944 vs avg $1.3K25%

More Insights

Built in 1979 (47 years old).
Condition: Despite being built in 1979, this property has undergone extensive and high-quality renovations, particularly evident in the kitchen and bathrooms. The kitchen features new, modern appliances, contemporary cabinetry, and sleek countertops. Both bathrooms are beautifully renovated with modern fixtures, floating vanities, and stylish tiling. The entire interior boasts new light-colored flooring, fresh paint, and modern lighting, creating a cohesive and current aesthetic. The detached studio also appears recently updated. The property meets current quality standards with virtually new components, indicating a recent and thorough renovation.
Year Built
1979
Close
-
List price
$2.1M
Original List price
$2.1M
Price/Sqft
$944
HOA
-
Days on market
-
Sold On
-
MLS number
25604965
Home ConditionExcellent
Features
Excellent View: Canyon, Mountain(s), Ocean
Deck
Spa
ViewCanyon, Mountain(s), Ocean

About this home

Incredible private Malibu retreat nestled in the hills of El Nido, just minutes from the beach.. This stylish home blends modern architecture with warmth and natural light. Vaulted ceilings, exposed beams, and expansive windows frame breathtaking ocean and mountain views throughout. The open living area flows effortlessly from the cozy fireplace to a sunlit patio, ideal for everyday living and entertaining. The chef's kitchen features new appliances, a center island, and skylights that flood the space with natural light, bringing the outdoors in. The serene primary suite offers dual closets and a beautifully renovated en-suite bath. Two additional bedrooms provide flexibility for guests, a home office, or a nursery. A separate bonus room creates the perfect private office or creative space, and a detached studio serves as an ideal guest suite, gym, or income-producing opportunity. Outside, enjoy peaceful garden spaces, a hammock strung between palms, and a private spa with hillside views. Located just minutes to Malibu's best beaches, hiking and dining. Offered for purchase or lease.

B
Britney Smits
Listing Agent

Price History

Date
Event
Price
10/26/20
Sold
$1,350,000
Condition Rating
Excellent
Despite being built in 1979, this property has undergone extensive and high-quality renovations, particularly evident in the kitchen and bathrooms. The kitchen features new, modern appliances, contemporary cabinetry, and sleek countertops. Both bathrooms are beautifully renovated with modern fixtures, floating vanities, and stylish tiling. The entire interior boasts new light-colored flooring, fresh paint, and modern lighting, creating a cohesive and current aesthetic. The detached studio also appears recently updated. The property meets current quality standards with virtually new components, indicating a recent and thorough renovation.
Pros & Cons

Pros

Prime Malibu Location & Views: Nestled in the desirable El Nido hills, this private retreat offers breathtaking ocean and mountain views from expansive windows, with convenient access to Malibu's best beaches, hiking, and dining.
Architectural Charm & Natural Light: The home boasts a stylish blend of modern architecture with vaulted ceilings, exposed beams, and abundant natural light from expansive windows and skylights, creating a warm and inviting atmosphere.
Updated Kitchen & Primary Suite: Features a chef's kitchen with new appliances, a center island, and skylights, complemented by a serene primary suite with dual closets and a beautifully renovated en-suite bath.
Versatile Additional Spaces: Includes a separate bonus room perfect for an office or creative space, and a detached studio offering ideal flexibility as a guest suite, gym, or potential income-producing opportunity.
Outdoor Amenities & Entertaining: The open living area seamlessly connects to a sunlit patio, while the exterior offers peaceful garden spaces, a hammock, and a private spa with hillside views, perfect for relaxation and entertaining.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2224, other record living area = 1476. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Age of Construction: Built in 1979, the property's age may suggest potential for older infrastructure or systems that could require future maintenance or upgrades, despite recent renovations.
Modest Lot Size: With a lot size of 5,199 sqft, it is relatively modest for a 'Malibu retreat,' which might limit extensive outdoor expansion possibilities or appeal to buyers seeking larger estate-like properties.
Potential for Heat Management: The description highlights expansive windows and sunlit areas but does not mention a central cooling system, which could be a consideration for comfort during warmer months, especially given the hillside location.
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