Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

23018 Pacific Coast Highway

Malibu, CA, 90265

1 / 47View all 47 photos

$18,500,000

MLS: 26662173

Beds

4

Baths

4

Sq Ft

Lot

0.12 ac

Year Built

1955

MLS #

26662173

Days on Market

8

Listed

Mar 23, 2026

Description

Introducing a rare double-lot beachfront sanctuary with 74 ft of ocean frontage on Malibu's coveted Surfrider Beach. The owner is offering the adjacent 40-foot oceanfront parcel for sale separately, creating a rare trophy oceanfront compound with approximately 114 feet of direct frontage on the legendary Surfrider Beach overlooking the iconic Malibu Pier. Pricing for the parcel available upon request. This single-story coastal retreat blends sweeping panoramic ocean views with architectural elegance. A gated arrival opens to a motor court with ample parking and a private garage. The expansive living/dining pavilion features vaulted ceilings, hardwood floors, a fireplace, and three oversized ocean-facing windows framing the Malibu Pier vistas. Glass doors lead to a wraparound porcelain-tiled oceanfront deck perched above the sand, creating a seamless indoor - outdoor setting ideal for entertaining against the backdrop of Surfrider beach. The gourmet kitchen includes a granite island, skylights, Sub-Zero and Thermador appliances, plus captivating ocean views. The luxurious primary suite offers exceptional privacy with a marble gas fireplace, sliding doors that open to the deck, showcasing the Pier panorama, an oversized walk-in custom closet, and spa-like bath featuring steam shower, soaking tub, and heated floors. Three additional bedrooms (two ensuite) provide stylish accommodations with sunset deck access. Modern upgrades include a whole-house generator, EV charger, Sonos system, and porcelain flooring in the primary suite and deck. With a proven rental history, partial seawall protection, and a prime location in the heart of Malibu near Nobu, Soho House, Malibu Farm and the Malibu Country Mart, this refined oceanfront estate delivers rare scale, prestige, and unforgettable views of the Pier, Catalina and the Queens necklace.

Location

Malibu, Los Angeles County, CA 90265

Open on Google Maps ↗

Listed by: Irene Dazzan-Palmer · The Agency

Payment estimate

$128,809

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $1,850,000 · Loan: $16,650,000

%
Principal & Interest
$102,300
Property tax (1.25%)
$19,271
Homeowners insurance
$300
Mortgage insurance
$6,938
Open the full calculator →

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 $647,500 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.

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.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access