2947 Corral Canyon Road
Malibu, CA, 90265
$1,200,000
MLS: 26993399
Beds
3
Baths
3
Sq Ft
1,656
Lot
0.12 ac
Year Built
1979
MLS #
26993399
Days on Market
14
Listed
Sep 30, 2026
Description
Ocean Views, Ocean Views and more Ocean Views from the best location on Corral Canyon Rd; this 3 bedroom 3 bath house with bonus room is first time on the market in 30 years and ready for a buyer or investor to re-imagine, refresh, revitalize and create their dream coastal retreat. This 2 story home offers fantastic ocean views from the top level and boast an open floor plan with living, kitchen, dining area, guest bathroom and fire place, access to a spacious deck and direct access to a double garage. With paid Solar System, copper plumbing and one year paid propane the new owners have an opportunity to focus on transforming the interior and spacious yard to entertainment centers, garden or gazebo with hot tub or whatever the heart desires. The lower level has 3 bedrooms, 2 baths and bonus area with access to a great yard. The promising canvas is a rare find in one of Southern California's most sought-after communities: PCH, the beach and everything you want and need is minutes away from the home. Within the past 18 months the owners in their mid 90's passed away peacefully in the home of natural causes. If you need inspiration and creativity....this is your home in the El Nido community of Malibu. Location, location, location!
Location
Malibu, Los Angeles County, CA 90265
Open on Google Maps ↗Listed by: Rose Marin · Coldwell Banker Realty
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
$9,419
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $120,000 · Loan: $1,080,000
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,419
- 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 Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
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 $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.
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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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