Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

21607 Rambla Vista

Malibu, CA, 90265

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$10,995,000

MLS: 25616685

Beds

5

Baths

6

Sq Ft

5,965

Lot

1.87 ac

Year Built

1956

MLS #

25616685

Days on Market

147

Listed

Nov 21, 2025

Description

EXPLOSIVE, STAGGERING, SWEEPING OCEAN VIEWS STRETCHING ACROSS THE COASTLINE FROM PALOS VERDES, QUEEN'S NECKLACE, SANTA MONICA BAY, CATALINA ISLAND, PT. DUME AND THE ICONIC, ILLUMINATED MALIBU PIER. Single story ranch with white stucco walls and terracotta tiled roof. Close in Malibu between Carbon canyon and Las Flores canyon. Long private driveway leads to a massive circular motor court with parking for dozens of cars. Huge flat lot with lawns, patios, decks, cascading rock pool/ spa, office/ observatory loft. Charming detached casita. 1.8 acres of pure perfection. Includes membership to the La Costa Beach and Tennis Club. Easy to show with a moments notice. This is the house you have been waiting for!

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Alan Long Legittino · Revel Real Estate

Payment estimate

$76,676

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $1,099,500 · Loan: $9,895,500

%
Principal & Interest
$60,800
Property tax (1.25%)
$11,453
Homeowners insurance
$300
Mortgage insurance
$4,123
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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 $384,825 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.

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Local Market Stats

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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

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