Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

24216 Malibu Road

Malibu, CA, 90265

1 / 38View all 38 photos

$7,350,000

MLS: 26656511

Beds

3

Baths

2

Sq Ft

1,676

Lot

0.13 ac

Year Built

1958

MLS #

26656511

Days on Market

8

Listed

Feb 25, 2026

Description

Here is the perfect beach getaway on coveted Malibu Road: skylights, picture windows, full-width deck, and steps to the sand. You'll find sunrise-to-sunset views from here to Catalina, plus great beach-home styling: plank and beam wood ceilings, Saltillo tile floors, and a bright, open layout. Escape, relax, and entertain in true indoor-outdoor Malibu style in this lovely single-level home. A gated courtyard entry offers tantalizing ocean views, and the front door opens to expansive vistas from the living/dining/kitchen great room and the deck just outside. Perfect for comfort and congenial gatherings, the space has a fireplace and a chandelier dining area. French doors open onto the wraparound oceanfront deck, which offers room for entertaining, lounging, and pergola-shaded al fresco dining. The kitchen is lovely and bright, with white tilework, brick detailing, superb appliances, and a huge picture window looking out at the ocean. The home's three bedrooms are light-filled and peaceful, with large windows. Additional features include central heating and air conditioning, an outdoor shower, and a two-car garage. Watch for dolphins, seabirds, and even whales from your deck, or step down to the sand for a morning or evening stroll. This is beachfront living at its best.

Location

Malibu, Los Angeles County, CA 90265

Open on Google Maps ↗

Listed by: Christopher Cortazzo · Compass

Payment estimate

$51,356

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $735,000 · Loan: $6,615,000

%
Principal & Interest
$40,644
Property tax (1.25%)
$7,656
Homeowners insurance
$300
Mortgage insurance
$2,756
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 $257,250 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