28378 Rey De Copas Lane
Malibu, CA, 90265
$1,200,000
MLS: 26670007
Beds
3
Baths
3
Sq Ft
1,681
Lot
0.09 ac
Year Built
1974
MLS #
26670007
Days on Market
12
Listed
Apr 2, 2026
Description
Experience the quintessential coastal lifestyle in this beautifully updated Malibu residence. This sun-drenched townhome is defined by soaring ceilings, an abundance of natural light, and elegant finishes, including plantation shutters and hardwood flooring throughout. The main level welcomes you with an airy, open-concept living and dining area centered around a beautiful fireplace. Step out onto the private balcony to take in the ocean breezes and peekaboo ocean views. The heart of the home is an expanded, modern kitchen featuring ample cabinetry, generous counter space, a convenient breakfast bar, and updated appliances. The lower-level primary retreat is a spacious sanctuary, complete with its own private balcony and a large walk-in closet. The en-suite bathroom offers a dual-sink vanity, a separate soaking tub, and an oversized shower. A second well-appointed bedroom also features an en-suite bath and opens directly to a peaceful, private patio. Upstairs, a versatile loft with a full bathroom and two closets overlooks the main floor, serving perfectly as a home office or a third bedroom. Practical amenities include an attached two-car garage equipped with a laundry area, generous storage areas and shelving. Residents of this community enjoy access to a pool, spa, sauna and clubhouse, with the added luxury of direct access to Paradise Cove Beach just across the street. Perfectly situated near Point Dume Plaza, the Malibu Country Mart, and world-class beaches like Zuma and Westward, this home offers incredible value and the rare opportunity to live the dream in one of Southern California's most iconic locations.
Location
Malibu, Los Angeles County, CA 90265
Open on Google Maps ↗Listed by: Jane Rowley · Coldwell Banker Realty
Payment estimate
$8,636
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $120,000 · Loan: $1,080,000
- Principal & Interest
- $6,636
- Property tax (1.25%)
- $1,250
- Homeowners insurance
- $300
- Mortgage insurance
- $450
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 $42,000 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.
Similar Homes Nearby
Active and pending listings in ZIP 90265 (Malibu) within ±10% of this home's price and size.
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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.