
Malibu, California 90265
This Iconic Point Dume Estate is a Prime Investment Opportunity listed at $16,000,000—positioned well below the $16,436,691 Fair Market Value by 2%. This valuation gap offers $436,691 in Instant Equity for a property in Move-in Ready Condition. Set on a rare 1.4-acre double lot, the residence features a gourmet marble kitchen, ocean views, and a resort-style pool and spa. Located within the prestigious Santa Monica-Malibu Unified district, it offers unparalleled privacy. This coastal sanctuary is a premier residence for Luxury Home Seekers or Owner-Occupants seeking a legacy Malibu compound.
Property is move-in ready.
Villa La Paloma is a meticulously maintained luxury estate that is move-in ready. While originally built in 1949, the property has undergone significant high-end renovations, particularly evident in the gourmet kitchen which features a large marble island and professional-grade appliances. The living spaces showcase updated light fixtures, soaring beamed ceilings, and high-quality flooring. It avoids an 'excellent' rating only because some stylistic choices (like the Saltillo tile and cabinetry) and the 'vintage infrastructure' noted in the listing suggest the major renovations occurred more than 5 years ago, though the home remains in top-tier functional condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 60841, living area = 5716.
Situated in one of Malibu's most exclusive enclaves, the estate offers immediate proximity to world-class surfing beaches and the scenic Point Dume Headlands.
The 1.4-acre double-wide lot provides an exceptional sense of scale and privacy that is increasingly difficult to find in coastal Malibu.
Originally constructed in 1949, the property may require more frequent maintenance or updates to core systems compared to modern contemporary builds.
While the property boasts ocean views, they are primarily concentrated on the mezzanine level rather than being panoramic from all primary living areas.
The extensive 1.4-acre grounds, featuring fountains, an orchard, and intricate gardens, necessitate significant and costly ongoing professional maintenance.
Welcome to Villa La Paloma, an iconic Point Dume estate showcasing the elegance and scale of Montecito living within one of Malibu's most coveted coastal enclaves. Set behind wrought iron entry and exit gates on a rare 1.4-acre double-wide lot, this six-bedroom residence blends European coastal inspiration with the relaxed sophistication of California luxury. Located a shell's throw from the beach, this rare offering has been owned by one family for the past 35 years. Dramatic architecture unfolds upon entry, with soaring beamed ceilings and light-filled living spaces designed for both grand entertaining and effortless everyday living. The living room flows seamlessly into a spacious gourmet kitchen featuring an expansive marble island with breakfast bar, seating areas, a signature fireplace centerpiece, built-in bar, dining area, and stairs leading to a wine cellar. All entertainment areas indoor and out are complemented by integrated Sonos audio. The main level hosts a serene primary suite with a luxurious spa-like bath, two guest bedrooms, one of which is being used as a private office with direct garden access. The mezzanine-level of the home can be used as a bedroom or study while enjoying ocean views. The west wing of the home offers 3 additional bedrooms, two of which combine to create a private apartment with its own entrance and exit. A separate game room with pool table opening to an intimate interior courtyard complete the west wing. French doors lead to all levels of outdoor living. An outdoor entertainment center including a Lynx built-in barbecue, wine and beer refrigerator, cocktail bar, and outdoor television create a resort environment. The flat parklike grounds feature a pool and spa adorned with hand-painted tiles, multiple lounge and seating areas, flowing fountains, a lush lawn, meditation and Zen gardens, a private orchard and a labyrinth beneath the watchful gaze of a giant Buddha. The additional amenity of generous parking for ten cars or more on the property make entertaining a breeze. Just moments from world-class surfing beaches and the Point Dume Headlands, known for breathtaking views and seasonal whale watching, Villa La Paloma offers privacy, scale, and timeless coastal living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 91% |
| Baths | 6.0 | 4.0 | 83% |
| Square foot | 5,716 | 2,752 | 91% |
| Lot Size | 60,841 | 18,758.5 | 78% |
| Price | $16.00M | $3.77M | 95% |
| Price per sq ft | $2.8K | $1.3K | 91% |
| Built year | 1949 | 1979 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 98 | 227 | 6% |
Mar 5, 2026
$16,000,000
$15,000,000
+7% Price Increase
Initial Listing
Jan 15, 2026
$15,000,000
Initial Listing