Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

31636 Sea Level Drive

Malibu, CA, 90265

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$10,950,000

MLS: 26685879

Beds

4

Baths

4

Sq Ft

4,298

Lot

0.12 ac

Year Built

1962

MLS #

26685879

Days on Market

8

Listed

Apr 8, 2026

Description

Imagine waking to the gentle rhythm of Pacific waves just steps from your door. This exquisite Sea Level Drive retreat offers the ultimate private coastal escape in Malibu, where serene beachfront living meets sophisticated modern luxury. Tucked behind a gated private street, this architectural masterpiece was envisioned by renowned designer Richard Landry. Spanning approximately 4,298 square feet, the smart home features 4 bedrooms and 4 bathrooms with sleek, contemporary finishes throughout. An open-concept design creates effortless flow, perfect for both intimate family moments and unforgettable entertaining. The heart of the home is the chef's kitchen with top-of-the-line appliances, opening directly to the family room with sweeping views over the Pacific. Upstairs, enjoy a dedicated media room, a full bar, and a rooftop deck complete with BBQ area, outdoor shower, and a cozy fireplace ideal for sunset gatherings with friends or quiet evenings under the stars. Additional highlights include a state-of-the-art gym (currently configured as the 4th bedroom) and seamless indoor-outdoor living that brings the ocean breeze inside. Just moments from shopping, dining, and the vibrant energy of Malibu, yet worlds away in peaceful seclusion. This is coastal living at its finest, a rare combination of privacy, luxury, and direct beach access that few properties can match. Also available for lease $40,000/Month.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Sandro Dazzan · The Agency

Payment estimate

$76,363

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $1,095,000 · Loan: $9,855,000

%
Principal & Interest
$60,551
Property tax (1.25%)
$11,406
Homeowners insurance
$300
Mortgage insurance
$4,106
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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 $383,250 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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