
Malibu, California 90265
This Single Family Residence is a Strong Value Opportunity, listed at $1,550,000—positioned well below the $1,610,113 Fair Market Value by 3%. This valuation gap offers $60,113 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a Granite Kitchen and panoramic whitewater views. The versatile third-level space provides significant income-producing potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal lifestyle with built-in financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2965 Seabreeze Drive Subject | $1,550,000* List Price | 3 | 2 | 1,998 | $806 | - |
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 2955 Corral Canyon Road Pending | $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.
Built in 1979, the property shows evidence of a high-quality renovation likely performed 10-15 years ago. The kitchen is well-maintained with maple cabinetry, granite countertops, and stainless steel appliances. The interior features updated wide-plank flooring and recessed lighting, presenting a move-in ready condition that fits the 10-20 year functional age bracket.
The property captures rare whitewater ocean views spanning from Paradise Cove to Point Dume, with panoramic vistas visible from nearly every room and multiple outdoor decks.
A unique third-level space with a private entrance offers significant flexibility, serving as an ideal guest suite, home office, or potential income-producing rental unit.
Priced at $1.55M, this residence represents an attractive entry point for the Malibu market, offering a detached single-family home with premium views at a high-value price per square foot.
Originally built in 1979, the property may require more frequent maintenance or updates to its core systems compared to newer luxury builds in the area.
With under 2,000 square feet of living space, the home's footprint is relatively compact, which may limit its appeal to buyers seeking the expansive scale typical of Malibu estates.
"Casa de la Nueva Vida" welcomes you to one of Malibu's best ocean view opportunities. Experience California coastal living in this whitewater ocean-view residence, that captures sweeping whitewater views from Paradise Cove to Point Dume and across the Pacific Ocean, this light-filled residence showcases coastal vistas from nearly every room. Designed for effortless California living, the open-concept floor plan seamlessly connects the spacious kitchen, featuring a center island, custom maple cabinetry, granite countertops, to the inviting living room, where a fireplace and walls of glass frame the spectacular scenery. Wide-plank flooring throughout adds warmth and timeless appeal. Multiple view decks provide the perfect setting to enjoy the surrounding mountain and ocean vistas, while the fenced yard offers space for pets, gardening, or simply relaxing in the coastal surroundings. 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. Offering exceptional value with a Malibu location, Casa de la Nueva Vida is a rare opportunity to enjoy coastal living at an attractive price.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 5.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,998 | 3,173 |
| Lot Size | 7,093 | 32,846 |
| Price | $1.55M | $4.62M |
| Price per sq ft | $776 | $1.4K |
| Built year | 1979 | 1976 |
| HOA | $0 | $2.0K |
| Days on market | 2 | 103 |
Jul 20, 2026
$1,550,000
Initial Listing