21733 Castlewood Drive
Malibu, CA, 90265
$3,250,000
MLS: 26847921
Beds
4
Baths
3
Sq Ft
2,562
Lot
1.62 ac
Year Built
1995
MLS #
26847921
Days on Market
53
Listed
Jun 15, 2026
Description
Views of the entire coastline, Los Flores canyon and Santa Monica bay, with decks built to command them. Light-filled tri-level retreat with a grand deck off the kitchen to take in 270-degree panoramic views up the canyons and down into the Pacific. Hot tub included. Whitewater, coastline and city-light views filling nearly every window of the home. Set on 1.6 private acres high on coveted Castlewood Drive, the residence offers four bedrooms, three baths, generous living and dining spaces, and a versatile lower-level bonus room ideal for an office, studio, gym, or guests. The primary suite occupies the upper floor, opening to a private wraparound balcony where sunset and ocean views unfold in every direction. Owned solar with whole-home battery backup keeps the property running quietly and self-sufficiently. Modern mountain living, engineered for peace of mind. Outside, the land lives like few mountain parcels can: a broad, level bench below the house, garden paths linking the house, garage, and driveway, and a private lookout perched above the home. Plenty of flat, usable ground with room for a pool or terraced gardens. And rising below the residence: a new 36' x 40' (1,440 sq ft) steel structure with adjoining view deck and custom bi-fold hangar door (currently in plan-check) ready to finish as a collector's garage, artist's studio, workshop, or expansive live/work retreat. Minutes to Malibu's beaches and restaurants, an easy reach to Calabasas and the Westside, within the acclaimed Santa MonicaMalibu school district. A rare offering where the views, the land, and the lifestyle are already in place.
Location
Malibu, Los Angeles County, CA 90265
Open on Google Maps ↗Listed by: Nina Kurtz · Compass
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$23,759
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $325,000 · Loan: $2,925,000
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $18,855
- Property tax (1.25%)
- $3,385
- Homeowners insurance
- $300
- Mortgage insurance
- $1,219
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 Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $113,750 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
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
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