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6052 Merritt Drive, Malibu, California 90265, Malibu, 90265 - 7 bed, 7 bath

6052 Merritt Drive, Malibu, California 90265 home-pic-0
ACTIVE$6,295,000
6052 Merritt Drive, Malibu, California 90265
7Beds
7Baths
4,171Sqft
40,118Lot

Price Vs. Estimate

The estimated value ($6,948,283.94) is $653,283.94 (10%) higher than the list price ($6,295,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 40118, living area = 4171.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4171, other record living area = 3613. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 6.

Compared to the nearby listings

Price:$6.29M vs avg $4.44M (+$1,857,500)67%
Size:4,171 sqft vs avg 2,813 sqft74%
Price/sqft:$1.5K vs avg $1.3K63%

More Insights

Built in 1950 (75 years old).
Condition: The property, built in 1950, has undergone significant remodeling, including a 'recently remodeled kitchen' which features modern sage-colored cabinetry, white marble-look countertops, and stainless steel appliances, all appearing to be in excellent condition. The main living areas boast high ceilings with exposed wood beams, modern light fixtures, and consistent light wood flooring, contributing to a contemporary and well-maintained aesthetic. However, one bathroom shown in the images, while clean and functional, displays a more dated style with patterned white tiles and gold-framed shower enclosure, suggesting it was renovated some time ago (likely 15-30 years) or is a specific vintage choice. The property analysis also notes that despite remodeling, older infrastructure (e.g., plumbing, electrical, HVAC) may require further inspection or future updates due to the home's age. Overall, the home is move-in ready with many updated features, but not all components meet the 'virtually new' standard required for an 'Excellent' rating, particularly in all bathrooms and potentially underlying systems.
Year Built
1950
Close
-
List price
$6.29M
Original List price
$6.29M
Price/Sqft
$1,509
HOA
-
Days on market
-
Sold On
-
MLS number
25614281
Home ConditionGood
Features
Excellent View: Mountain(s), Ocean
Deck
Pool
Spa
Patio
ViewMountain(s), Ocean

About this home

Gated and remodeled home on just shy of an acre, zoned equestrian with horse stalls and tack room. Gorgeous property with stunning ocean and sunset views, pool, spa and separate guesthouse. An ideal Malibu location, just a short distance to the world acclaimed, wide-open, sandy beaches of Zuma; with excellent surfing for all levels. Play volleyball and use the boardwalk for walking, jogging or biking. Nearby shopping, restaurants, banking, schools, amazing hiking, biking and horse trails to explore for miles. Main home is approx. 3,613 square feet with 5 bedrooms, plus maid's room with separate access. Additional detached guest home has its own entrance (and parking space) with 7th bedroom and approx. 558 square feet, totaling approx. 4,171 square feet in living space overall. The primary suite is located separately on the 2nd floor, with ocean and mountain views, three walk in closets and romantic sitting room with wood burning fireplace. Upon entering the home you are greeted by an enormous great room with high ceilings with exposed beams, wood burning fireplace and French doors to a balcony. Recently remodeled kitchen with outdoor breakfast area. Impressive library with loft and built-in shelves. French doors lead out from the family room and wet bar to the beautiful backyard. Enjoy several gardens with sitting areas and a built-in barbecue. Towards the back of the property is the horse facility with stalls, tack room and open space for horses to play.

Price History

Date
Event
Price
05/27/94
Sold
$655,000
08/12/22
Sold
$5,500,000
Condition Rating
Good
The property, built in 1950, has undergone significant remodeling, including a 'recently remodeled kitchen' which features modern sage-colored cabinetry, white marble-look countertops, and stainless steel appliances, all appearing to be in excellent condition. The main living areas boast high ceilings with exposed wood beams, modern light fixtures, and consistent light wood flooring, contributing to a contemporary and well-maintained aesthetic. However, one bathroom shown in the images, while clean and functional, displays a more dated style with patterned white tiles and gold-framed shower enclosure, suggesting it was renovated some time ago (likely 15-30 years) or is a specific vintage choice. The property analysis also notes that despite remodeling, older infrastructure (e.g., plumbing, electrical, HVAC) may require further inspection or future updates due to the home's age. Overall, the home is move-in ready with many updated features, but not all components meet the 'virtually new' standard required for an 'Excellent' rating, particularly in all bathrooms and potentially underlying systems.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 40118, living area = 4171.
Exceptional Location & Views: Situated in an ideal Malibu location with stunning ocean, sunset, and mountain views, and close proximity to world-renowned Zuma Beach.
Equestrian Lifestyle Ready: Unique zoning and dedicated facilities including horse stalls, a tack room, and open space cater specifically to equestrian enthusiasts.
Comprehensive Luxury Amenities: Features a private pool, spa, multiple gardens, built-in barbecue, and a wet bar, enhancing the luxury living and entertainment experience.
Versatile Living Spaces: Includes a separate guesthouse with its own entrance and parking, offering flexibility for guests, staff, or potential rental income, alongside a spacious main home with a maid's room and impressive library.
Remodeled & Gated Estate: A recently remodeled kitchen and a gated entrance provide modern comfort, enhanced privacy, and security.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4171, other record living area = 3613. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 6.
Property Age & Potential System Updates: Built in 1950, despite remodeling, older infrastructure (e.g., plumbing, electrical, HVAC) may require further inspection or future updates not explicitly detailed.
High Maintenance Requirements: The extensive grounds, pool, spa, multiple gardens, and equestrian facilities necessitate significant ongoing maintenance and associated costs.
Niche Market Appeal: The equestrian zoning and specific facilities, while a strength for a particular buyer, may narrow the overall pool of potential purchasers.

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