Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

23244 W Paloma Blanca Drive

Malibu, CA, 90265

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$9,246,000

MLS: 24434023

Beds

7

Baths

8

Sq Ft

10,000

Lot

4.75 ac

Year Built

2014

MLS #

24434023

Days on Market

548

Listed

Aug 30, 2024

Description

Gorgeous Mediterranean Styled mansion in Malibu overlooking a panoramic view of the Pacific Ocean from nearly every rm in the house.This Tri-level Manor is nestled on atop of its own gated Private Hill with no adjacent homes with a private elevator.Every rm is adorned with Venetian plaster and is composed of opulent stone, metal and wood plaster and is composed of opulent stone, metal ,and wood that blend harmoniously with the open floor design of the home.The main floor is home to a grand entry with dual staircase, formal living rm and over-sized semicircular sun room with wall to ceiling bay windows offering a 180 view of the pacific Ocean.The 2nd flr master bedroom suite has its own sitting room ,Walk in Closets, & shared access to a 65 foot balcony facing the Ocean.The 3 additional bedrooms on the 2nd floor have private,en suite bathrooms.The subterranean flr features a wet bar and is large enough for a home theater or private Gym. About 5 Acres of land. Agent Remarks Seller Financing may be available! Seller will allow Modifications to suit the buyer. Brand new Patio, Brand new roof and solar panels Redid the kitchen, living room master bedroom; new artificial lawns. Easy access to the elevator. It has coastal commission permit and may be protected from fires because it's up the hill. A MUST SEE!!!

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Roya Rashti · Keller Williams Beverly Hills

Payment estimate

$64,527

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $924,600 · Loan: $8,321,400

%
Principal & Interest
$51,128
Property tax (1.25%)
$9,631
Homeowners insurance
$300
Mortgage insurance
$3,467
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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 $323,610 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.

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