29057 Pacific Coast Highway Highway
Malibu, CA, 90265
$12,450,000
MLS: 26997415
Beds
11
Baths
9
Sq Ft
7,000
Lot
6.32 ac
Year Built
1953
MLS #
26997415
Days on Market
12
Listed
Oct 6, 2026
Description
Behind gates and a palm-lined drive, this Mediterranean-style compound spans approximately 6.3 acres with ocean views, expansive lawns, and a collection of residences and gathering spaces. Double doors open to the main house, where arched windows frame the grounds and Pacific beyond. The living room leads to a formal dining room and a kitchen with granite counters, an island, an eight-burner range, double ovens, and a Gaggenau barbecue. A second living room opens to the pool terrace and features a fireplace with a marble mantel. A recreation room, office with built-in bookshelves, wet bar, and laundry room add flexibility to the main level. Upstairs, the primary suite includes a sitting area, an ocean-view balcony, a spacious bath, and a closet with built-ins. Additional bedrooms and balconies complete the main residence. Beyond it, two guest houses and a poolside cabana provide further accommodations across the compound. The grounds are arranged for outdoor living and entertaining, with tiled courtyards, covered passages, fountains, mature palms, and broad lawns. A large pool and spa are joined by a fire pit and covered dining gazebo, while a second ocean-view gazebo sits farther into the property. A sports court with a basketball hoop, four-car garage, and a separate hall with soaring ceilings, a chandelier, and tall arched windows complete this substantial Malibu estate.
Location
Malibu, Los Angeles County, CA 90265
Open on Google Maps ↗Listed by: Christopher Cortazzo · Compass
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$95,519
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $1,245,000 · Loan: $11,205,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $77,581
- Property tax (1.25%)
- $12,969
- Homeowners insurance
- $300
- Mortgage insurance
- $4,669
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $435,750 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
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.
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