2959 Seabreeze Drive, Malibu, California 90265, Malibu, 90265 - 3 bed, 2 bath

ACTIVE$1,499,000
2959 Seabreeze Drive, Malibu, California 90265
3Beds
2Baths
1,152Sqft
4,990Lot
Year Built
1979
Close
-
List price
$1.5M
Original List price
$2M
Price/Sqft
$1,301
HOA
-
Days on market
-
Sold On
-
MLS number
25499271
Home ConditionFair
Features
Excellent View: Canyon, Park/Greenbelt, Mountain(s), Ocean, Panoramic
Deck
ViewCanyon, Park/Greenbelt, Mountain(s), Ocean, Panoramic
About this home
We found 3 Cons,5 Pros. Rank: price - $1.50M(7th), sqft - 1152(8th), beds - 3(38th), baths - 2(17th).
Breathtaking ocean and mountain views from every room in this serene 3 bedroom/2 bath home in the coveted "El Nido" neighborhood in scenic Corral Canyon. Newer kitchen appliances and flooring. Light and bright with windows throughout! Minutes from many hiking trails, the beaches of Malibu, shops and local eateries. A great buy under $2 million!
Price History
Date
Event
Price
12/14/25
Price Change
$1,499,000-11.8%
10/13/25
Price Change
$1,699,000-5.6%
08/26/25
Price Change
$1,799,000
02/17/25
Listing
$1,995,000
Condition Rating
Fair
The property was built in 1979, making it 45 years old. While the listing mentions 'newer kitchen appliances and flooring,' and the images confirm updated wood-look flooring throughout the main living areas and bedrooms, the kitchen itself shows signs of being outdated. The kitchen features tiled countertops, older white flat-panel cabinets, dated tile flooring, and track lighting. Although some appliances are newer (stainless steel dishwasher, microwave), the overall kitchen style is not modern. No bathroom images were provided, but given the kitchen's condition, it's likely they are similarly aged or have had only minor updates. The home appears well-maintained and livable, but the dated kitchen and the property's age prevent it from reaching a 'Good' score, as it requires minor updates to key areas to meet current standards.
Pros & Cons
Pros
Exceptional Panoramic Views: The property offers breathtaking ocean, mountain, and canyon views from every room, a highly desirable and premium feature in the Malibu market.
Coveted Malibu Location: Situated in the serene 'El Nido' neighborhood of Corral Canyon, providing convenient access to Malibu's renowned beaches, hiking trails, shops, and dining.
Recent Interior Updates: The home features newer kitchen appliances and flooring, offering a refreshed and modern feel in key living areas.
Significant Value Proposition: With a substantial price reduction from its original listing, the current price of $1.499M presents a compelling opportunity for buyers seeking Malibu real estate.
Abundant Natural Light: Described as 'light and bright with windows throughout,' enhancing the living experience and maximizing enjoyment of the surrounding natural beauty.
Cons
Property Age & Potential for Deferred Maintenance: Built in 1979, the home is over 40 years old, suggesting that while some updates exist, other systems or components may require future attention or renovation.
Modest Size for Malibu: At 1152 sqft on a 4990 sqft lot, the property offers a smaller footprint compared to many Malibu residences, which might limit appeal for buyers seeking larger living spaces or extensive outdoor areas.
History of Price Reductions: Multiple significant price drops from the original list price could indicate initial overvaluation or suggest a longer time on market, potentially raising buyer questions about the property's true market value or any underlying challenges.

























