31970 Pacific Coast Highway
Malibu, CA, 90265
$12,000,000
MLS: 26665435
Beds
4
Baths
5
Sq Ft
4,181
Lot
0.34 ac
Year Built
1974
MLS #
26665435
Days on Market
8
Listed
Mar 16, 2026
Description
With resort-like atmosphere, landscaping, and amenities, exceptional privacy, and expansive ocean views, this Western Malibu residence is a year-round refuge. The open-plan layout invites easy indoor-outdoor living and entertaining in spacioussurroundings accented by high, beamed ceilings, generous use of glass, andhandsome wood and tile floors.Off the foyer, the home's main living areas feature the kitchen flanked on one side by a step-down family/media room, and on the other by a large living room. The family room, with mountain and ocean views, built-in sound system, and a band of clerestory windows, has a casual dining area and sliding glass doors opening onto the backyard.The ocean-view kitchen is updated with top-quality appliances and ample counter and cabinet space for the most demanding chef. A large butcher-block island has bar seating and design accents include stone countertops, floating cabinets, and jade-green tile. A butler's pantry provides an additional sink and storage space. The kitchen extends to include a dining area that opens directly onto a covered deck where there is a table for al fresco dining.The very comfortable living room has ocean views, a fireplace, and walls of glass on two sides with doors opening to the back and side yards. Off the foyer is an additional entertaining area complete with a wet bar. A gym, a powder room, and a laundry room complete the main level.A nearby stairway leads to a spacious sleeping loft with a wood plank-and-beam ceiling, and a second stairway leads to three additional bedrooms, including dual primary suites with ocean views, sliding glass doors to a wraparound, full-width view deck, luxurious closets, and large tiled bathrooms.The backyard has abundant options for lounging, dining, and entertaining, including a covered deck with a dining table and lounging area, a fire feature, an ocean-view pool and spa, a wet bar, a hot tub, a half-bathroom, and a barrel sauna and tub. There is also a coded-access flagstone and wood stairway leading to the beach. The home is equipped with multi-zone air conditioning, security system, and a two-car garage, plus lovely, comfortable furnishings and impressive contemporary artwork.
Location
Malibu, Los Angeles County, CA 90265
Open on Google Maps ↗Listed by: Christopher Cortazzo · Compass
Payment estimate
$83,657
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $1,200,000 · Loan: $10,800,000
- Principal & Interest
- $66,357
- Property tax (1.25%)
- $12,500
- Homeowners insurance
- $300
- Mortgage insurance
- $4,500
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 $420,000 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
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.
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