
Malibu, California 90265
This Coastal Residential Property is a Strong Value Opportunity, listed at $1,695,000—positioned well below the $1,783,204 Fair Market Value by 4%. This valuation gap offers $88,204 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and Panoramic Ocean Views. The flexible third-level space provides significant versatility for live-work arrangements. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-value Malibu lifestyle property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2965 Seabreeze Drive Subject | $1,695,000* List Price | 3 | 2 | 1,998 | $892 | - |
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 | 0.2 mi |
D 2955 Corral Canyon Road Active | $1,395,000 List Price | 3 | 2 | 1,836 | $760 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1979, the home has undergone a significant renovation (estimated 10-15 years ago) featuring an updated kitchen with maple cabinetry, granite countertops, and stainless steel appliances. The property is well-maintained with updated hardwood and luxury vinyl flooring, appearing fully functional and move-in ready.
The property offers sweeping, unobstructed whitewater ocean and canyon vistas from nearly every room, providing an iconic Malibu living experience and high aesthetic value.
A unique third-level space with a private entrance provides exceptional flexibility, serving as a guest suite, home office, or potential income-producing rental opportunity.
Priced under $1.7M, this residence represents a rare entry-level opportunity for a detached single-family home with significant ocean views in the competitive Malibu market.
The home's perched location and multi-level design involve significant stairways for access, which may pose challenges for buyers with mobility concerns.
Built in 1979, the property may require more frequent maintenance or further modernization of core systems to meet the standards of contemporary luxury coastal builds.
Panoramic Ocean Views!! Experience iconic California coastal living in this dramatic Malibu whitewater ocean-view residence, offering sweeping unobstructed vistas of the Pacific Ocean and surrounding canyons from nearly every room. Welcome to "Casa de la Nueva Vida", a stunning coastal retreat perched above the Pacific, where breathtaking sunsets, refreshing ocean breezes, and a seamless indoor-outdoor lifestyle define everyday living in one of Malibu's most sought-after neighborhoods. This light-filled, open-concept home is thoughtfully designed for both relaxed living and elegant entertainment. The spacious, updated kitchen offers a center island, bar seating, and abundant storage, complemented by custom maple cabinetry and granite countertops that continue throughout the kitchen and baths. The light filled open features vaulted ceilings, expansive windows, which capture the beauty of the coast at every turn. Offering a fireplace to create a warm yet sophisticated ambiance, while hardwood and luxury vinyl flooring enhance both beauty and durability. The flexible floor plan offers privacy and versatility, including a third-level space with a private entrance ideal for a guest suite, home office, creative studio, or potential income-producing opportunity. Step outside to a private, gated, fully fenced yard with lush landscaping and a Rachio smart irrigation system perfect for entertaining, relaxing, or simply enjoying the serenity of your surroundings. All appliances are included, plus an extra refrigerator in additional storage room. Whether you are seeking a primary residence, second home, live/work retreat, or investment property, this home delivers exceptional versatility in an unparalleled coastal setting. The stairway to the home features painted steel railings and a poured concrete foundation with a textured pebble finish designed for durability, stability, and slip resistance. This is more than a home, it is a lifestyle property defined by panoramic views, privacy, flexibility, and enduring value. This exclusive neighborhood is supported by a dedicated volunteer fire brigade with an engine, enhancing both community connection and rapid emergency response with an added layer of confidence for coastal living. An exceptional value within this price range in Malibu. Secure this rare premier Malibu opportunity today. "Live Life by Design."
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 | 1,998 | 3,180 | 29% |
| Lot Size | 7,093 | 25,853.5 | 24% |
| Price | $1.70M | $4.58M | 16% |
| Price per sq ft | $848 | $1.3K | 14% |
| Built year | 1979 | 1979 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 210 | 3% |
May 26, 2026
$1,695,000
Initial Listing