
Malibu, California 90265
This Malibu Ocean-View Estate is a Strong Value Opportunity, listed at $22,900,000—positioned well below the $25,341,481 Fair Market Value by 9%. This valuation gap offers $2,441,481 in Instant Equity. Featuring an Excellent Condition Rating, the residence includes resort-caliber grounds, an infinity-edge pool, and dual tennis courts. With 13,385 sq.ft. of living space on 5 acres, this property provides unmatched privacy and coastal luxury. It is an ideal acquisition for Ultra-High-Net-Worth Investors or Owner-Occupants seeking a premier Malibu sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6051 Philip Avenue Subject | $22,900,000* List Price | 8 | 11 | 13,385 | $1,893 | - |
A 6051 Philip Avenue Active Under Contract | $25,000,000 List Price | 8 | 11 | 13,385 | $1,868 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1991, the property exhibits a high-end, contemporary renovation within the last 5 years. The interior features modern designer lighting, mint-condition stone flooring, and updated en-suite baths. The resort-style grounds, including the infinity pool and tennis courts, are meticulously maintained, making it move-in ready with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 212529, living area = 13385.
Spanning nearly 5 private acres across three legal parcels, this 13,385 sq.ft. residence offers rare expansive grounds with significant flexibility for equestrian facilities or further development.
The property features a resort-caliber lifestyle with an uncommon double-tennis court setup, an infinity-edge pool with cascading waterfalls, and a former three-hole golf course.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =212529, other record lot size in square feet = 59827.
The massive scale of the 13,385 sq.ft. structure, 11 bathrooms, and 5 acres of intensive landscaping and water features implies substantial ongoing carrying costs and staffing requirements.
Built in 1991, the estate may require additional capital investment to update mechanical systems or interior aesthetics to align with the ultra-modern standards expected at the $22.9M price point.
A spectacular Malibu ocean-view estate set on apprx. 5 private acres, offering exceptional scale, privacy, and refined coastal living directly across from renowned Zuma Beach. Spanning 13,385 sq.ft, the residence features 8 en-suite bedrooms, 11 bathrooms, and sweeping whitewater and Pacific Ocean views from nearly every room. Located within the coveted Morning View Estates, the property presents a rare combination of expansive estate grounds, dramatic ocean vistas, and immediate access to one of Malibu's most iconic beaches. Designed for grand-scale entertaining, the impressive three-level residence features expansive living spaces with seamless indoor-outdoor flow and spectacular sunset views. Amenities include a dedicated office, fitness room, game room, wine cellar, private theater, and separate guest quarters. Full-width ocean-facing decks extend across all three levels, creating multiple settings for dining, lounging, and entertaining while taking in the coastline below. There are 5 interior fireplaces and an outdoor fireplace adding warmth throughout the home and its outdoor living spaces. The resort-caliber grounds are equally remarkable. An infinity-edge pool and oversized spa overlook the Pacific, surrounded by cascading waterfalls, Italian-inspired landscaping, and rose gardens. A koi pond with koi and turtles, additional water features, and more than 30 mature fruit trees create an exceptionally private, garden-like setting. With 2 full-size Tennis courts, convertible for pickleball, include one lighted Tennis court for evening play - an uncommon amenity in Malibu. Set across 3 legal parcels, the estate formerly accommodated a three-hole golf course and offers extraordinary scale and flexibility for future recreational uses, including equestrian facilities, a barn and stables, riding arena, private sport court, or expansive lawns and gardens. Beyond the gates, Zuma Beach is apprx a one-minute golf-cart ride away, with a pedestrian crosswalk providing direct access to the sand. Broad Beach, Westward Beach, Point Dume Village, and Trancas Country Market are all just minutes away, offering upscale markets, dining, shopping, and the relaxed coastal lifestyle for which western Malibu is known. A rare opportunity to own a true estate-scale property with expansive whitewater views, exceptional amenities, and effortless access to the Beach - combining privacy, recreation, and the very best of Malibu coastal living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 4.3 |
| Baths | 11.0 | 3.7 |
| Square foot | 13,385 | 2,959.4 |
| Lot Size | 212,529 | 37,912.886 |
| Price | $22.90M | $4.17M |
| Price per sq ft | $1.7K | $1.3K |
| Built year | 1991 | 1977 |
| HOA | $0 | $1.3K |
| Days on market | 15 | 102 |
Aug 25, 2026
$22,900,000
Initial Listing
Sep 24, 2010
$13,500,135
Public Record