Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
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27120 Sea Vista Drive 3

Malibu, CA, 90265

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$849,000

MLS: 25571013

Beds

3

Baths

3

Sq Ft

2,898

Lot

0.70 ac

Year Built

1959

MLS #

25571013

Days on Market

262

Listed

Jul 28, 2025

Description

New Co-Ownership Opportunity: Own one-eighth of this professionally managed, turnkey home by Pacaso. Cool, casual and contemporary, this 3-bedroom, 3-bathroom Malibu retreat offers ocean views and indoor/outdoor living at its best. Pocketing Fleetwood glass doors connect the living room with a massive deck. Set against an ocean backdrop, the deck features a BBQ area, fireplace, two fire pits and a spa. A few steps down from the deck is a large grassy lawn and garden, with stunning Pacific vistas. The sleek kitchen has plenty of counter space, high-end appliances and casual island dining. Just steps away is a more formal dining area facing the garden. Folding glass doors in the generous primary suite lead to the deck and ocean views. The crisp en suite bathroom has a relaxing soaking tub and tiled shower. Two more bedrooms and a bathroom complete the main floor. The lower level consists of a laundry room and a studio suite with a three-quarter bathroom.The home comes fully furnished and professionally decorated.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Maxx Rifkin · Pacaso Inc.

Payment estimate

$6,198

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $84,900 · Loan: $764,100

%
Principal & Interest
$4,695
Property tax (1.25%)
$884
Homeowners insurance
$300
Mortgage insurance
$318
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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 $29,715 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.

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

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