3662 Sweetwater Canyon Drive, Malibu, California 90265, Malibu, 90265 - 3 bed, 2 bath
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Malibu, California 90265
Analysis of 3662 Sweetwater Canyon Drive, Malibu, California 90265 is currently available with a list price of $6,900,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Malibu Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1956, this ranch-style home is well-maintained and staged but remains largely in original or older condition. The kitchen features dated painted cabinetry and butcher block countertops, and while some appliances like the double oven are newer, the overall aesthetic and small 1,619 sqft footprint are outdated for the price point. The property is livable and clean but requires significant modernization or redevelopment to reach its highest and best use.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 45934, living area = 1619.
The property boasts unobstructed, wide-ranging ocean views of the Queen's Necklace, Catalina Island, and the Malibu Pier, providing significant long-term value and prestige.
Situated in a private community directly above Nobu and Soho House, the home offers immediate access to Malibu’s premier dining and lifestyle destinations while remaining just one minute from PCH.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The existing 1956 ranch-style home is relatively small at 1,619 square feet and likely requires substantial modernization or a complete teardown to meet modern luxury standards.
With a list price of $6.9 million for a modest structure, buyers must be prepared for significant additional investment to realize the property's full potential as a premier estate.
Located on Sweetwater Canyon Drive, in a private community, this property offers wide-ranging ocean views including the Queen's Necklace, Catalina Island, Big Dume Beach, the Malibu Pier, and Surfrider Beach. Positioned directly above Nobu and Soho House Malibu, it combines strong views with close proximity to Malibu's top dining and lifestyle destinations. The property spans over one acre and sits at the end of a gated driveway, providing privacy and a large motor court. The existing single-story ranch home has a functional layout with ocean views from most rooms, offering potential for renovation or redevelopment. One minute from Pacific Coast Highway, this is a rare opportunity to build or update a home in one of Malibu's most desirable and low-density locations, with both privacy and immediate access to the coastline.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 2.0 | 4.0 | 23% |
| Square foot | 1,619 | 2,748 | 17% |
| Lot Size | 45,934 | 18,758.5 | 69% |
| Price | $6.90M | $3.77M | 75% |
| Price per sq ft | $4.3K | $1.3K | 97% |
| Built year | 1956 | 1979 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 226 | 2% |
Mar 28, 2026
$6,900,000
Initial Listing
Dec 17, 2020
$6,800,000
Public Record
Jan 30, 2004
$2,010,000
Public Record