21733 Castlewood Drive
Malibu, CA, 90265
$2,895,000
Original list price: $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
144
Listed
Jun 15, 2026
Description
Panoramic coastline views, expansive decks, and space to spend as much time outdoors as in. Set on 1.6 private acres high on coveted Castlewood Drive, this light-filled tri-level Malibu residence offers four bedrooms, three baths, generous living spaces, and sweeping views across Santa Monica Bay, Las Flores Canyon, and the Pacific. A generous deck directly off the kitchen extends daily living outdoors, with space for dining, lounging, and entertaining against a dramatic ocean-and-canyon backdrop. Whitewater, coastline, and city-light views fill the home and carry the setting from day into evening, while a hot tub overlooking the ocean offers a place to unwind under the stars. The primary suite occupies the upper floor and opens to a private wraparound balcony with expansive ocean and sunset views. Outside, a broad, level area below the house offers rare usable space, complemented by a kitchen garden, garden paths, and a private lookout above the home. Owned solar with whole-home battery backup adds practical resilience. Minutes from Malibu's beaches and restaurants, with convenient access to Calabasas and the Westside. A distinctive Malibu retreat where panoramic views, privacy, usable land, and expansive outdoor living come together in one remarkable setting.
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
$22,052
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $289,500 · Loan: $2,605,500
Average 30-yr fixed rate 7.18% as of Nov 5, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $17,651
- Property tax (1.25%)
- $3,016
- Homeowners insurance
- $300
- Mortgage insurance
- $1,086
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 Nov 5, 2026
- 30-year fixed
- 7.18%
- 15-year fixed
- 6.57%
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 $101,325 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.
Similar Homes Nearby
Active and pending listings in ZIP 90265 (Malibu)within ±10% of this home's price and size.
$2,695,000
2727 Corral Canyon Road
Malibu, 90265
$2,895,000
6307 Via Cataldo Street
Malibu, 90265
$2,975,000
28927 W Beach Lane
Malibu, 90265
$2,995,000
31254 Bailard Road
Malibu, 90265
$2,999,000
20762 Rockpoint Way
Malibu, 90265
$3,150,000
11770 Pacific Coast Highway U
Malibu, 90265
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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.