Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

21030 Pacific Coast Highway

Malibu, CA, 90265

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$6,995,000

MLS: 25618239

Beds

3

Baths

2

Sq Ft

1,198

Lot

0.17 ac

Year Built

1926

MLS #

25618239

Days on Market

8

Listed

Nov 12, 2025

Description

With the oceanfront atmosphere of a year-round vacation house, this charming bungalow is perfectly situated for relaxed living and entertaining. Panoramic ocean and coastline views and the ever-changing vistas of the shoreline. Located at the famous surf break on Las Flores Beach, the home has walls of glass and decks to take full advantage of the surroundings creating a natural flow between the indoors and the outdoors. The main living area is an ocean-view living/dining/kitchen space with a wall of glass doors that open to the beachfront deck. Plank ceilings, additional windows, and skylights complement the home's natural light. The kitchen features quality appliances, bar seating, and a breakfast area. The primary suite has high plank-and-beam ceilings, skylights, deck access, a sitting area, walk-in closet, tiled bath and sensational ocean views from the comfort of the bed. The additional 2 bedrooms offer chic comfort for your guests and sliding doors opening to a side yard letting in the ocean breezes. Step out your door to the oceanfront jacuzzi or lounge on the expansive oceanfront deck offering two levels creating the perfect space to entertain. On the upper level is a huge enclosed dining sunroom and an enormous lounging area partially shaded by a beautiful Norfolk pine tree. The lower deck has more space for dining, lounging, barbecue, fire pit, outdoor shower and gated steps to the shore. Some recent upgrades include new plumbing in 2023, new roof in 2024 and Lifesource Water System! Private and romantic, this is the very essence of Malibu beach living. Currently offered as a short term rental on Airbnb generating additional income as well!

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Tara Switzer · Coldwell Banker Realty

Payment estimate

$48,890

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $699,500 · Loan: $6,295,500

%
Principal & Interest
$38,681
Property tax (1.25%)
$7,286
Homeowners insurance
$300
Mortgage insurance
$2,623
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Malibu home with as little as 3.5% down using an FHA loan — roughly $244,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Malibu, CA 90265 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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