Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

32554 Pacific Coast Highway

Malibu, CA, 90265

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$23,500,000

MLS: 25580069

Beds

4

Baths

5

Sq Ft

5,232

Lot

1.89 ac

Year Built

1962

MLS #

25580069

Days on Market

240

Listed

Aug 18, 2025

Description

Mid-century modern elegance blends perfectly with 21st-century energy efficiency in this sleek, open, garden estate atop Encinal Bluffs. Exceptionally private, the approximately 1.89-acre blufftop property features majestic views of ocean and islands with resort-style amenities, including a detached guest house, sports court, solar-heated pool/spa, direct beach access, and guest parking for 20 cars. In 2009, W3 Architects stripped the original house to the foundation, reimagining and expanding the estate for sustainability and far-reaching vistas. Vanishing walls of glass open the spacious interior to gorgeous sight lines and beautiful decks, terraces, patios, pool, and gardens for refined indoor-outdoor relaxation and entertaining. Abundant natural light emphasizes the beauty of interior finishes, including stunning woodwork and cabinetry throughout. Pavilion-style living, dining, and kitchen spaces provide a harmonious setting for intimate gatherings and grand-scale entertaining. At the top of the beautiful wood staircase is a jewel-box surprise: a glass-walled loft for naps, yoga, and dreaming. The home's four en-suite bedrooms include a sublime primary retreat complete with a sitting area, an office with built-in desk and cabinets, a spa-style skylight bath, and pocket doors that open onto a large ocean-view deck. At the front of the house is a large garden, a sport court set among statuesque trees and plantings, the pool, Jacuzzi, and spacious pool deck with a covered dining area, and the one-bedroom, one-bath guest house with a full kitchen. There is also an outdoor kitchen with a stone pizza oven and built-in dining area. In addition to an array of smart-home features, the estate is equipped with a photovoltaic array that supplies all the home's power needs, an active solar thermal water heating system for hot water and in-floor heating, plus an energy-conserving 3,000-square-foot planted living roof. A truly exceptional blufftop compound for a lifestyle of gracious contemporary comfort. Also available for lease at $50,000 per month.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Christopher Cortazzo · Compass

Payment estimate

$163,541

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $2,350,000 · Loan: $21,150,000

%
Principal & Interest
$129,949
Property tax (1.25%)
$24,479
Homeowners insurance
$300
Mortgage insurance
$8,813
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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 $822,500 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.

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

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