Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

27832 Pacific Coast Highway

Malibu, CA, 90265

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$74,500,000

MLS: 25608889

Beds

6

Baths

8

Sq Ft

8,775

Lot

2.27 ac

Year Built

1994

MLS #

25608889

Days on Market

8

Listed

Oct 21, 2025

Description

A once in a generation oceanfront estate located in Paradise Cove with its own private path to the beach. A winding private gated driveway leads to the main house through a grove of a hundred mature olive trees. Designed by Marc Appleton, the home is reminiscent of a home on the coast of Mykonos. With breathtaking scale, thick plaster walls and beautiful outdoor spaces, the home is designed into a cluster of separate volumes that resemble a small village. The compound sits on the edge of the sea with flat, domed, and vaulted roofs punctuated by tall chimneys. Featuring a stunning living room, media room/den, formal dining, gourmet kitchen, all overlooking unobstructed head-on views of the Pacific Ocean. The primary suite has a sitting room with fireplace and luxurious baths, closets, and its own private terrace. There are three additional bedrooms in the main house, all with wood burning fireplaces and rooms interconnected through breezeways and arbors. There is a beautiful guest house and additional staff quarters, a full regulation tennis court and resort-like swimming pool. Take a walk down your private pathway to the most stunning beach with its own beach bar on the sand. A truly once in a lifetime opportunity to acquire one of Paradise Cove's most spectacular properties. Shown to prequalified clients only.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Kurt Rappaport · Westside Estate Agency Inc.

Payment estimate

$517,808

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $7,450,000 · Loan: $67,050,000

%
Principal & Interest
$411,967
Property tax (1.25%)
$77,604
Homeowners insurance
$300
Mortgage insurance
$27,938
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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 $2,607,500 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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