Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

28026 Sea Lane Drive

Malibu, CA, 90265

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$59,999,950

MLS: 25611801

Beds

4

Baths

5

Sq Ft

3,795

Lot

0.43 ac

Year Built

1982

MLS #

25611801

Days on Market

8

Listed

Oct 31, 2025

Description

Spectacular Paradise Cove beachfront compound located on the sand in one of the most exclusive gated enclaves in the world, offering stunning blue-water views up and down the coast. With approximately 90 feet of beach frontage, this estate is not on the bluffs or merely ocean-view like others in the community that have sold in the $90 - $200 million range - it is truly oceanfront. A separate, fully self-contained second home/large cabana sits directly on the sand. A rare and expansive entertaining patio is also positioned right on the beach, along with a large rooftop deck atop the cabana - perfect for hosting gatherings and events on and in the water. The spacious, light-filled main home features four bedrooms, including dual primary suites, and a vast kitchen/dining/family great room with soaring ceilings, skylights, a fireplace, wraparound windows, and decks for lounging and seamless indoor/outdoor entertaining - all opening to the ocean and panoramic coastal views. The lower level includes a screening/game room that opens directly to the ocean, plus a full bath and a hidden kids' bunk room. The enclave itself is gated and set back from the highway, while this particular compound is located at the end of a cul-de-sac, offering the ultimate in privacy and security. The larger of the two primary suites includes a fireplace, sitting area, walk-in closet, ocean-view spa bath, and a private deck with views. The second home/cabana features a kitchen, full bath, dining area, and large living room that opens to the water and oceanfront deck. Whether used as a main residence or a vacation retreat, this compound presents a rare opportunity to live on the sand within Malibu's premier, ultra-exclusive, billionaires' gated enclave.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Carl Gambino · Compass

Payment estimate

$417,085

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $5,999,995 · Loan: $53,999,955

%
Principal & Interest
$331,785
Property tax (1.25%)
$62,500
Homeowners insurance
$300
Mortgage insurance
$22,500
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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 $2,099,998 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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