27078 Malibu Cove Colony Drive
Malibu, CA, 90265
$9,995,000
MLS: 26661367
Beds
3
Baths
3
Sq Ft
3,323
Lot
0.14 ac
Year Built
1958
MLS #
26661367
Days on Market
14
Listed
Mar 7, 2026
Description
Located within the prestigious guard-gated enclave of Malibu Cove Colony, this beautifully updated oceanfront residence offers sweeping panoramic views of the Pacific and an exceptional opportunity to own along one of Malibu's most desirable stretches of coastline. Positioned directly on the sand, the home captures breathtaking ocean vistas from nearly every room.The interior is defined by soaring vaulted ceilings and dramatic walls of glass that frame the sparkling horizon and fill the home with natural light. The expansive living room opens seamlessly to a spacious beachfront deck, creating an effortless indoor-outdoor flow ideal for entertaining or relaxing while enjoying the sound of the waves.A thoughtfully designed kitchen features custom cabinetry, stone countertops, premium appliances, and a large center island that connects naturally to the main living areas and ocean views beyond.Upstairs, the oceanfront primary suite offers a serene retreat with vaulted ceilings, stunning water views, and access to the deck. Additional bedrooms provide comfortable accommodations for guests while maintaining the home's bright coastal aesthetic. A spa-style bathroom with soaking tub, glass shower, and elegant finishes adds to the home's sense of relaxation.Outdoor living spaces include an expansive beachfront deck ideal for dining and lounging above the sand, as well as a private courtyard with spa providing a peaceful setting away from the ocean breeze.Set within Malibu Cove Colony, one of Malibu's most coveted gated beach communities, the property offers privacy and security just moments from world-class dining, shopping, and the Malibu Country Mart.A rare opportunity to experience quintessential Malibu beachfront living.
Location
Malibu, Los Angeles County, CA 90265
Open on Google Maps ↗Listed by: Christopher Cortazzo · Compass
Payment estimate
$69,729
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $999,500 · Loan: $8,995,500
- Principal & Interest
- $55,270
- Property tax (1.25%)
- $10,411
- Homeowners insurance
- $300
- Mortgage insurance
- $3,748
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 $349,825 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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