
Malibu, California 90265
This Coastal Hillside Residence is a Strong Value Opportunity, listed at $1,395,000—positioned well below the $1,548,012 Fair Market Value by 9%. This valuation gap provides $153,012 in Instant Equity for the incoming buyer. Maintaining a Condition Rating of 3, the home features panoramic ocean and canyon views, a modern kitchen, and an expansive deck for seamless indoor-outdoor living. Located within the prestigious Santa Monica-Malibu Unified School District, this property balances significant investment upside with a premium lifestyle. It is an ideal match for Owner-Occupants or lifestyle-driven buyers seeking a turnkey Malibu retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2955 Corral Canyon Road Subject | $1,395,000* List Price | 3 | 2 | 1,836 | $803 | - |
A 2909 Searidge Street Sold | $1,255,000 | 3 | 2 | 1,800 | $697 | 0.1 mi |
B 2850 Searidge Street Sold | $1,345,000 | 3 | 2 | 1,621 | $830 | 0.1 mi |
C 2842 Seabreeze Drive Sold | $1,325,000 | 2 | 2 | 1,432 | $925 | 0.1 mi |
D 2965 Seabreeze Drive Active | $1,695,000 List Price | 3 | 2 | 1,998 | $848 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1976, the property shows clear evidence of a modern renovation within the 5-15 year range. The interior features updated flooring, recessed lighting, and contemporary sliding glass doors. The kitchen is described with sleek countertops and modern appliances, making the home functional and move-in ready.
The property features exceptional panoramic views of the coastline, ocean, and canyons, providing a high-value aesthetic that defines the Malibu lifestyle.
High ceilings, large windows, and an expansive deck create a bright, airy atmosphere that perfectly integrates the interior living space with the natural surroundings.
Priced at $1.395M for a 3-bedroom residence, this property offers a rare opportunity to enter the prestigious Malibu market at a more accessible price point.
With a lot size of approximately 5,123 square feet in a hillside setting, there is limited flat outdoor space for traditional yard activities or expansion.
Built in 1976, the home may require cosmetic or structural updates to meet the contemporary luxury standards expected in the high-end Malibu area.
Perched in the tranquil hills of Malibu, this stunning 3-bedroom, 2-bathroom home at 2955 Corral Canyon Rd offers breathtaking ocean and canyon views. The floor plan is designed to maximize natural light, featuring high ceilings, large windows, and seamless indoor-outdoor flow. The spacious living area boasts a cozy fireplace, perfect for relaxing evenings, while the expansive deck invites you to soak in the panoramic scenery. Whether you're hosting guests or enjoying a quiet retreat, this home provides the ideal balance of comfort and elegance. The kitchen is thoughtfully designed with sleek countertops, appliances, and ample cabinet space. A bright and airy dining area sits adjacent, making it easy to entertain while enjoying the picturesque views. The primary suite serves as a peaceful sanctuary, complete with a full sized closet, an en-suite bathroom, and direct access to a private balcony. Two additional bedrooms offer flexibility for guests, a home office, or a creative studio, catering to various lifestyle needs. Stepping outside, you'll find yourself surrounded by the beauty of nature, with multiple outdoor spaces to relax and unwind. The property is just minutes from Pacific Coast Highway, providing easy access to Malibu's pristine beaches, scenic hiking trails, and world-class dining and shopping destinations. Offering the perfect combination of coastal charm and hillside serenity, don't miss the opportunity to experience the best of Malibu living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 2.0 | 4.0 | 20% |
| Square foot | 1,836 | 3,180 | 19% |
| Lot Size | 5,123 | 25,853.5 | 6% |
| Price | $1.40M | $4.58M | 13% |
| Price per sq ft | $760 | $1.3K | 10% |
| Built year | 1976 | 1979 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 212 | 4% |
Apr 30, 2026
$1,395,000
Initial Listing
Mar 9, 2011
$817,000
Public Record
Aug 15, 2006
$998,000
Public Record