Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

31583 Pacific Coast Highway

Malibu, CA, 90265

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$8,495,000

MLS: SR25073545

Beds

6

Baths

9

Sq Ft

11,500

Lot

4.49 ac

Year Built

2026

MLS #

SR25073545

Days on Market

175

Listed

May 22, 2025

Description

Unbeatable opportunity to own a brand-new modern home in Broad Beach, complete with deeded beach access. Don't miss your chance to join one of Malibu's most desirable communities, Broad Beach. The project has been approved by planning and is currently in plan check with the City of Malibu Building Department. Have your chance to customize this magnificent property without the hassle of dealing with Malibu City Planning. This stunning estate offers a beautifully designed six-bedroom, nine-bathroom estate. The open-concept layout flows effortlessly, connecting the chef's kitchen, spacious dining area, theater, bar, and dramatic ocean views with a magnificent rooftop deck. This project is currently in plan check and can be delivered as RTI. Basement level with a ground floor design for hosting and a second floor with bedrooms and expansive outdoor deck with jacuzzi. The project has been featured in Architectural Digest. Customize your dream home in Malibu today without the wait. Will be delivered with water and power brought to the site.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Daniel Kashani · Kashani Daniel

Payment estimate

$59,310

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $849,500 · Loan: $7,645,500

%
Principal & Interest
$46,975
Property tax (1.25%)
$8,849
Homeowners insurance
$300
Mortgage insurance
$3,186
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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 $297,325 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.

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

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