
Malibu, California 90265
Analysis of 480 Westlake Boulevard, Malibu, California 90265 is currently available with a list price of $3,995,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
Built in 1991, this estate is in well-maintained, move-in-ready condition. The kitchen has been updated with high-end stainless steel appliances and stone countertops, and the primary bathroom features modern 'spa-like' finishes and a soaking tub. The property includes functional modern upgrades such as solar panels and a three-car garage. While the architectural style and some fixtures reflect its 1990s origin rather than a full contemporary renovation, the lack of deferred maintenance and the quality of the existing finishes align with the 'Good' condition category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 195933, living area = 4755.
Situated on a massive 4.5-acre lot, this property offers a rare level of seclusion and space, providing a true sanctuary in the Malibu mountains.
The estate features a pool, spa, and multiple outdoor entertaining areas that capitalize on sweeping mountain vistas and lush, professional landscaping.
While private, the deep mountain location may result in longer commute times to coastal Malibu beaches and central Los Angeles amenities.
Built in 1991, the home's architectural style and finishes may require updates to meet the aesthetic expectations of contemporary luxury buyers.
Price Improvement! Set across nearly 4.5 acres of rolling Malibu landscape, this private estate offers a rare opportunity to live with more space, more calm, and a deeper connection to your surroundings while staying within easy reach of the city. It's a setting that naturally slows the pace and creates room to think, create, and recharge. A place where mornings are quiet, space is abundant, and the pace of life finally slows down. The estate spans over 4,700 square feet across the main residence and guest house, with five bedrooms, expansive living areas, and an effortless indoor-outdoor flow. Whether hosting friends for the weekend, working from home with complete focus, or creating a dedicated space for guests or extended family, the layout supports a flexible, elevated lifestyle. But what truly sets this property apart is the land. Wide open, usable, and private - offering a rare sense of freedom that is increasingly hard to find at this price point. Whether it's entertaining under the stars, creating your own outdoor retreat, or simply enjoying the stillness, this is a property that invites possibility. Located just minutes from Malibu's beaches, shops, and restaurants, this is a home for those who want both access and escape - where life feels more intentional, more grounded, and more fully lived. For those seeking more than just a home this is a place to reset, recharge, and live differently.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 73% |
| Baths | 5.0 | 4.0 | 69% |
| Square foot | 4,755 | 2,752 | 81% |
| Lot Size | 195,933 | 18,758.5 | 88% |
| Price | $4.00M | $3.77M | 52% |
| Price per sq ft | $840 | $1.3K | 16% |
| Built year | 1991 | 1979 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 83 | 226 | 6% |
Apr 18, 2026
$3,995,000
$4,195,000
-5% Price Drop
Initial Listing
Jan 29, 2026
$4,195,000
Initial Listing
Jan 26, 2022
$2,950,000
Public Record
Jul 18, 2003
$2,140,000
Public Record
Aug 2, 2000
$1,100,000
Public Record
Jul 17, 1998
$645,000
Public Record