
Malibu, California 90265
This Newly Constructed Modern Estate is a Strong Value Opportunity, listed at $9,995,000—positioned well below the $10,829,158 Fair Market Value by 7%. This valuation gap provides $834,158 in Instant Equity. Boasting a Condition Rating of 2, the 7,500 sqft residence features a chef's kitchen, panoramic ocean views, and a resort-style pool on 1.78 private acres. Located near Malibu High School, the property includes a detached guest house for ultimate versatility. This is an exceptional acquisition for Luxury Home Seekers or Owner-Occupants seeking a premier coastal asset with immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29924 Harvester Road Subject | $9,995,000* List Price | 5 | 7 | 7,500 | $1,444 | - |
A 6277 Sea Star Drive Active | $9,950,000 List Price | 7 | 6 | 6,863 | $1,450 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a newly constructed modern estate featuring high-end finishes throughout. The property boasts wide-plank oak flooring, a chef's kitchen with a dramatic stone island and top-tier integrated appliances, and floor-to-ceiling sliding glass doors. All components, including the spa-like stone bathrooms, custom millwork, and resort-style pool, are brand new and meet the highest current quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 77576, living area = 7500.
Situated on the ocean side of Harvester Road in Malibu Park, the estate offers rare 1.78-acre privacy paired with sweeping, unobstructed panoramic ocean and coastline views.
This newly constructed 7,500 sqft residence features a seamless indoor-outdoor flow, high-end custom finishes, and a resort-style pool area designed for sophisticated entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 7500, other record living area = 3673. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The scale of the 1.78-acre grounds and the 7,500 sqft structure, combined with Malibu's premium insurance rates, will result in significant annual maintenance and operating expenses.
Proximity to Malibu High School and Zuma Beach may lead to increased local traffic and noise during peak school hours and summer weekends, potentially impacting the tranquility of the area.
Experience sweeping ocean views and refined modern living from this newly constructed estate set on approximately 1.78 acres in coveted Malibu Park. Positioned on the ocean side of Harvester Road, the property offers exceptional privacy, expansive grounds, and a seamless connection to the surrounding coastal landscape. A double gated, private drive leads to the thoughtfully designed residence, where warm natural materials and clean architectural lines create a timeless, contemporary aesthetic. Inside, sunlit interiors unfold across generous open-concept living spaces, with wide-plank oak floors, custom millwork, and floor-to-ceiling sliding glass doors that frame panoramic views of the pacific. The main living area flows effortlessly to expansive outdoor terraces, ideal for entertaining, complete with multiple lounge areas, a fire feature, and a resort-style pool set against a backdrop of rolling hills and ocean vistas. The chef's kitchen is both striking and functional, featuring a dramatic stone island, custom cabinetry, and top-tier appliances, complemented by both formal and casual dining spaces. The primary suite is a true retreat, offering breathtaking views, a fireplace, spa-like bath clad in stone, a generous custom walk-in closet and large terrace. Additional bedroom suites are equally well-appointed, each designed with comfort and privacy in mind. A dedicated office, secondary living/media spaces, and a beautifully outfitted laundry room further enhance livability. The separate two-story guest house provides flexible accommodations for guests, staff, or creative use. Set moments from Zuma Beach, Malibu High School, and Point Dume, and just a short drive to the Malibu Country Mart, Nobu, and Soho House, this is a rare opportunity offering scale, design, and lifestyle in one of Malibu's most desirable settings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 73% |
| Baths | 7.0 | 4.0 | 92% |
| Square foot | 7,500 | 2,752 | 92% |
| Lot Size | 77,576 | 18,758.5 | 81% |
| Price | $9.99M | $3.77M | 83% |
| Price per sq ft | $1.3K | $1.3K | 58% |
| Built year | 1955 | 1979 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 226 | 2% |
Apr 7, 2026
$9,995,000
Initial Listing
Mar 15, 2023
$2,605,000
Public Record
Apr 27, 2006
$4,240,500
Public Record