31875 Sea Level Drive
Malibu, CA, 90265
$3,875,000
MLS: 26644571
Beds
4
Baths
3
Sq Ft
2,030
Lot
0.12 ac
Year Built
1972
MLS #
26644571
Days on Market
50
Listed
Jan 28, 2026
Description
Where Malibu's coastal character meets surf-inspired architecture, welcome to "The Octagon," a distinctive post-and-beam residence crafted by water lovers and designed to honor light, air, and a true connection to the sea. Wrapped in windows and filled with authentic old-school Malibu charm, this one-of-a-kind home reflects the spirit of a bygone era with an architectural edge. Featuring 4 bedrooms, 3 bathrooms, and versatile lofts, the floor plan offers exceptional flexibility for living, working, hosting, or creative use. The thoughtfully redesigned kitchen features Calcutta marble surfaces, brass accents, and custom craftsmanship, creating a beautifully functional centerpiece.The main living area is anchored by a welcoming fireplace, and floor-to-ceiling doors provide a seamless indooroutdoor flow, perfect for entertaining or expanding your daily living space. The primary suite includes a steam shower for a spa-like retreat, while subtle peek-a-boo ocean views enhance the home's coastal ambiance. A separate converted bonus suite with its own bathroom and kitchenette area adds valuable flexibility for guests or extended living. Multiple deck areas surround the home, offering opportunities to enjoy the outdoors from different vantage points, complemented by an outdoor shower ideal for beachside living. The property also includes a fully owned solar system, supported by two Tesla backup batteries and a Tesla charging station, providing energy efficiency and self-powered reliability. Located within a private seaside gated enclave of approximately twelve homes, the residence sits along a picturesque tree-lined lane that leads directly to Lechuza Beach, one of Malibu's most cherished hideaways. The community benefits from a seasonal private security patrol schedule, offering added peace of mind. Just minutes from the retail, dining, and conveniences of Trancas Country Market, as well as the newly constructed Malibu High School and Malibu Middle School, this home presents a rare opportunity to live by the sea in one of Malibu's most intimate and authentic enclaves.
Location
Malibu, Los Angeles County, CA 90265
Open on Google Maps ↗Listed by: Patricia Palafox Escalante · Compass
Payment estimate
$27,217
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $387,500 · Loan: $3,487,500
- Principal & Interest
- $21,428
- Property tax (1.25%)
- $4,036
- Homeowners insurance
- $300
- Mortgage insurance
- $1,453
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 $135,625 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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