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3516 Malibu Country Drive, Malibu, California 90265, Malibu, 90265 - 4 bed, 4 bath

3516 Malibu Country Drive, Malibu, California 90265 home-pic-0
ACTIVE$3,979,000
3516 Malibu Country Drive, Malibu, California 90265
4Beds
4Baths
2,895Sqft
11,137Lot
Year Built
1985
Close
-
List price
$3.98M
Original List price
$4M
Price/Sqft
$1,374
HOA
$250
Days on market
-
Sold On
-
MLS number
25559517
Home ConditionFair
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $3.98M(42th), sqft - 2895(51th), beds - 4(50th), baths - 4(50th).

"Malibu Country Estates" An approx. 3,000 sq ft custom built four bedroom single story home adjacent to Pepperdine University with sewer, sidewalks, streetlights and underground utilities. Custom home built with private pool/spa and an oversized (approx. 700 sq ft) three car garage. Light, bright and airy with a great open floor plan. High vaulted ceilings thru-out, LED recessed lighting, built-in cabinetry and wet bar. Living room with FP, separate family room, a dining room and separate maids quarters. Large Primary Suite with FP and custom built walk-in closet. Extremely private back yard with its own pool/spa w/remote. Pepperdine University amenities available (Olympic size swimming pool, six tennis courts, gym, track and more. Also available for lease at $15,000 month.

Nearby schools

9/10
Webster Elementary School
Public,•K-5•0.7mi
8/10
Malibu High School
Public,•6-12•6.7mi

Price History

Date
Event
Price
09/16/25
Price Change
$3,979,000-0.4%
07/01/25
Listing
$3,995,000
08/28/98
Sold
$993,000
02/17/95
Sold
$750,000
Condition Rating
Fair
Built in 1985, this property shows signs of its age with largely original features. The kitchen features dated tiled countertops, light wood cabinets, and a fluorescent ceiling light panel, though some appliances appear to be newer stainless steel. Bathrooms also exhibit older styles with original fixtures and finishes. While the property appears well-maintained with fresh paint and some LED recessed lighting, it has not undergone a full modern renovation. The carpeted main living areas and terracotta tile entry are consistent with its age. It is functional but requires significant updates to meet current aesthetic and functional standards, placing it in the 'fair' category.
Pros & Cons

Pros

Prime Location & Community: Situated in the desirable 'Malibu Country Estates' adjacent to Pepperdine University, benefiting from established infrastructure (sewer, sidewalks, streetlights, underground utilities) and a prestigious Malibu address.
Exclusive University Amenities Access: Residents gain unique access to Pepperdine University's extensive facilities, including an Olympic-size swimming pool, six tennis courts, gym, and track, offering significant lifestyle enhancements.
Private Outdoor Oasis: Features a private pool and spa with remote control, complemented by an extremely private backyard, ideal for relaxation and entertaining.
Spacious & Well-Designed Interior: A custom-built, single-story home with an open floor plan, high vaulted ceilings, LED recessed lighting, built-in cabinetry, wet bar, separate family room, dining room, and a luxurious Primary Suite with fireplace and custom walk-in closet.
Generous Parking & Storage: Boasts an oversized three-car garage (approx. 700 sq ft), providing ample space for vehicles and additional storage.

Cons

Property Age & Potential for Updates: Built in 1985, the property's age suggests that some systems or aesthetic elements may require modernization or updates to meet current luxury standards, despite some mentioned upgrades.
Lack of Mentioned Cooling System: The description highlights 'light, bright and airy' but does not specify the presence of a cooling system (e.g., central air conditioning), which could be a significant comfort concern during Malibu's warmer periods.
Limited View (Mountain Only): While offering mountain views, the absence of highly sought-after ocean views, common in Malibu, might be a comparative disadvantage for some buyers in this premium market.

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