Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

24380 Malibu Road

Malibu, CA, 90265

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$19,995,000

MLS: 26635211

Beds

4

Baths

5

Sq Ft

4,600

Lot

0.15 ac

Year Built

2015

MLS #

26635211

Days on Market

95

Listed

Jan 9, 2026

Description

Set against the stunning backdrop of California's coastline, this oceanfront residence showcases exceptional design and impeccable craftsmanship. Floor-to-ceiling glass walls offer uninterrupted ocean views, enhancing the sense of openness throughout the thoughtfully designed living spaces. The main level features a seamless flow between the living, dining, and wet bar areas, all oriented toward breathtaking ocean views. An expansive outdoor deck, complete with a sunken spa, provides the perfect setting for relaxation or entertaining. A designer Bulthaup kitchen fitted with state-of-the-art appliances and a center island with seating complete this level. Upstairs, the breathtaking oversized primary suite features panoramic ocean views, a sitting area and a fireplace. This level also includes three additional well-appointed bedroom suites. The third level boasts a spectacular ocean-view deck with a fireplace, two versatile rooms perfect for an office or gym, and elevator that services every floor of the home.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Orah Nassirzadeh · Westside Estate Agency Inc.

Payment estimate

$139,194

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $1,999,500 · Loan: $17,995,500

%
Principal & Interest
$110,567
Property tax (1.25%)
$20,828
Homeowners insurance
$300
Mortgage insurance
$7,498
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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 $699,825 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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