28242 Rey De Copas Lane
Malibu, CA, 90265
$1,400,000
MLS: 26691555
Beds
3
Baths
3
Sq Ft
1,681
Lot
0.09 ac
Year Built
1974
MLS #
26691555
Days on Market
8
Listed
Apr 10, 2026
Description
Located on the most desirable top row of the Malibu Villas condominiums, adjacent to Point Dume, this beautifully renovated 3-bedroom, 3-bathroom residence offers ocean views, designer finishes, and a highly functional layout making it one of the premier units in the community. The light-filled open floor plan features vaulted bleached wood ceilings, wide-plank oak floors, and an inviting living room with fireplace that flows effortlessly into a gourmet kitchen outfitted with high-end Viking appliances ideal for both everyday living and entertaining. The spacious primary suite serves as a private retreat, complete with a walk-in closet and a spa-inspired bathroom with dual vanities, soaking tub, and separate shower. A comfortable guest suite opens to its own private courtyard, while the loft has been thoughtfully converted into an additional bedroom and bathroom, offering flexibility for guests, family, or workspace. Additional highlights include a converted garage currently utilized as a gym or office, a large separate storage room, and upgraded wiring and electronics throughout. Set within a secure guard-gated community, residents enjoy resort-style amenities including a pool, spa, clubhouse, and sauna. Just moments from Malibu's premier beaches, restaurants, and shopping, and located in a highly walkable neighborhood, this turnkey residence offers an effortless coastal lifestyle ideal for both ownership and luxury leasing opportunities.
Location
Malibu, Los Angeles County, CA 90265
Open on Google Maps ↗Listed by: Mark S. Gruskin · Westside Estate Agency-Malibu
Payment estimate
$10,025
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $140,000 · Loan: $1,260,000
- Principal & Interest
- $7,742
- Property tax (1.25%)
- $1,458
- Homeowners insurance
- $300
- Mortgage insurance
- $525
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 $49,000 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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