Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

31833 Sea Level Drive

Malibu, CA, 90265

1 / 53View all 53 photos

$9,500,000

MLS: 25599591

Beds

3

Baths

3

Sq Ft

2,200

Lot

0.10 ac

Year Built

1980

MLS #

25599591

Days on Market

176

Listed

Sep 30, 2025

Description

A perfect tranquil Oasis in these turbulant times....Architectural home on a quiet gated private Cul De Sac located . directly across from the beach entrance to Lechuza Beach off of Broad Beach. This charming home features a top floor Primary Suite with sitting area, ocean view terrace and office. area. The Middle floor consists of 2 guest bedrooms , living , dining, kitchen and 2 baths. Lower floor has garage, sauna and shower ...plus an outdoor shower for beach outings. This home has an open kitchen floor plan and killer ocean views in most rooms plus each bedroom has an ocean view terrace. Architectural home with lovely views of the ocean and cypress trees, it has a very Northern California feel! Steps to beach entrance. Can bike or walk down Broad Beach to Trancas Market for Starbucks, Vintage Grocers and restaurants.The ultimate in privacy and seclusion.*** A Generac Whole House generator is being installed as there are many days in Malibu in which they shut off power due to winds so a huge bonus.

Location

Malibu, Los Angeles County, CA 90265

Open on Google Maps ↗

Listed by: Pamela Van Ierland · Coldwell Banker Realty

Payment estimate

$66,291

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $950,000 · Loan: $8,550,000

%
Principal & Interest
$52,533
Property tax (1.25%)
$9,896
Homeowners insurance
$300
Mortgage insurance
$3,563
Open the full calculator →

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 $332,500 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.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access