This Renovated Malibu Coastal Sanctuary is a Prime Investment Opportunity listed at $4,800,000—positioned well below the $4,972,144 Fair Market Value by 3%. This valuation gap offers $172,144 in Instant Equity for a residence in Pristine Condition Rating. Featuring a Gourmet Viking Kitchen, Panoramic Ocean Views, and a Resort-Style Backyard with a PebbleTec pool and outdoor kitchen, the home offers immediate luxury. Located in the prestigious Santa Monica-Malibu Unified district, it combines financial stability with a high-end lifestyle. This is an elite choice for Luxury Lifestyle Seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29675 Harvester Road Subject | $4,800,000* List Price | 4 | 3 | 2,965 | $1,677 | - |
A 5684 Calpine Drive Sold | $5,212,500 | 4 | 4 | 3,961 | $1,316 | 0.2 mi |
B 29675 Harvester Road Active | $4,800,000 List Price | 4 | 3 | 2,965 | $1,619 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1990, the property has undergone extensive high-end renovations that meet modern luxury standards. The kitchen is equipped with premium Viking and Sub-Zero appliances, and the bathrooms feature contemporary upgrades such as a freestanding tub, open shower, and illuminated mirrors. With high-quality finishes like marble accent walls, linear fireplaces, and a resort-style outdoor area with a PebbleTec pool and full outdoor kitchen, the home is in turnkey condition with no apparent deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43110, living area = 2965.
The property features an exceptional backyard oasis with a PebbleTec pool, waterfall, in-ground hot tub, and a fully equipped outdoor kitchen, perfect for high-end entertaining.
Situated within a private gated enclave of only four residences on a nearly one-acre lot, this home offers a rare level of seclusion and security in the Malibu market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1990, the property may require updates to its core systems or aesthetic finishes to compete with the modern architectural standards of newer luxury builds in the area.
With under 3,000 square feet of living space, the interior may feel restrictive for buyers seeking a larger estate-sized home, especially given the substantial lot size and price point.
Privately located within a gated enclave of just four homes, this coastal residence offers ocean views, elegant design, and a resort-like lifestyle. A gated driveway opens to a spacious motor court with parking for up to eight vehicles and views of the Pacific visible from the front yard. Through a wood front door, the double-height foyer welcomes with wood floors and a sculptural light fixture, setting the stage for the refined interiors ahead.To the right, the sunken living room features a marble accent wall with a sleek linear fireplace, wood-beamed ceilings, French doors, a bay window, and rich wood flooring. Just a step up, the formal dining room continues the elegance with coffered ceilings, accordion glass doors that open to the outdoors, and seamless indoor-outdoor flow.The kitchen can be accessed through a sliding wood door or the main hall. Tile floors, wood beams, and French windows frame this chef's space, equipped with stone counters, a marble backsplash, a Viking oven with barbecue cooktop, Viking hood, Sub-Zero fridge and freezer, GE microwave and dishwasher, and ample cabinetry. A built-in desk area adds versatility, and just off the kitchen is a family room with wood floors, vaulted ceilings, a built-in breakfast bench, and direct access to the backyard with pool views.To the left of the foyer, a hallway leads to a bedroom or office with French windows, sliding wood closet doors, and pool views. Nearby is a large bathroom with stone tile floors, a stone vanity with illuminated mirror, and a tiled shower. A few steps down leads to a den with wood floors, French doors to the driveway with ocean views, a bar area, and access to a two-car garage with built-ins and a private sauna.Upstairs, the primary suite features wood floors, recessed lighting, a stone fireplace, and sliding doors to a pergola-covered balcony with panoramic ocean views. The en suite bath has tile floors, a freestanding tub, open shower, bidet, and double sinks with French windows capturing the view. A generous closet includes built-ins and pull-down stairs to a loft for additional storage.Nearby, the laundry room is outfitted with Whirlpool washer and dryer, stone counters, and built-in cabinets. Another upstairs bedroom features a bay window with pool views and French windows with ocean views, plus mirrored closet doors. A nearby bath offers stone tile, a shower, and more ocean vistas. The final upstairs bedroom includes wood floors, a built-in desk, sliding closet, large closet, and stunning coastal views.Outside, the backyard is built for entertaining with a wood deck beneath a pergola, multiple lounge and dining areas, and steps down to a full outdoor kitchen with BBQ, sink, tiled counters, and bar seating. A grassy lawn, citrus trees, and a peaceful garden with fountain add a tranquil feel. The raised pool area features an in-ground hot tub, PebbleTec floors, a waterfall feature, automatic cover, and privacy-enhancing landscaping throughout.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 48% |
| Square foot | 2,965 | 2,752 | 56% |
| Lot Size | 43,110 | 18,758.5 | 66% |
| Price | $4.80M | $3.77M | 63% |
| Price per sq ft | $1.6K | $1.3K | 67% |
| Built year | 1990 | 1979 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 226 | 2% |
Apr 14, 2026
$4,800,000
Initial Listing
Dec 23, 2019
$3,450,000
Public Record