31851 Sea Level Drive
Malibu, CA, 90265
$999,000
MLS: 26671173
Beds
3
Baths
4
Sq Ft
2,906
Lot
0.17 ac
Year Built
1974
MLS #
26671173
Days on Market
8
Listed
Mar 30, 2026
Description
New Co-Ownership Opportunity: Own one-eighth of this professionally managed, turnkey coastal retreat. This property engages every sense, from its striking modern architecture to the refined textures and finishes within, all complemented by the sound and scent of nearby ocean breezes. Just steps from the beach, the home offers ocean views, an infinity pool, and seamless indoor-outdoor living throughout. The living room features a gas fireplace, beamed ceilings, and sliding glass pocket doors that open wide to frame the coastal views. The gourmet kitchen is equipped with high-end appliances, a generous island with breakfast bar, and direct access to a grilling deck. In the formal dining room, glass doors lead to an inviting outdoor setting complete with pool, spa, and fire pit. The primary suite is a private sanctuary with its own fireplace, walk-in closet, and pocket doors opening to a tranquil garden. The spa-like en suite bath includes a dual-sink vanity and steam shower. Downstairs, enjoy a state-of-the-art home theater with projection screen, along with two guest suites, each with en suite baths, and a versatile office or flex space. Offered fully furnished and professionally designed, this home delivers effortless luxury and turnkey ownership in an exceptional beachside setting.
Location
Malibu, Los Angeles County, CA 90265
Open on Google Maps ↗Listed by: Eric Haskell · The Agency
Payment estimate
$7,239
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $99,900 · Loan: $899,100
- Principal & Interest
- $5,524
- Property tax (1.25%)
- $1,041
- Homeowners insurance
- $300
- Mortgage insurance
- $375
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 $34,965 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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