Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

32597 Pacific Coast Highway

Malibu, CA, 90265

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$11,995,000

MLS: 26642855

Beds

6

Baths

7

Sq Ft

7,635

Lot

4.78 ac

Year Built

1994

MLS #

26642855

Days on Market

62

Listed

Jan 27, 2026

Description

Set behind gates on five private acres overlooking Malibu's Encinal Bluffs, this substantial coastal estate offers a rare combination of land, privacy, and ocean orientation just moments from the Pacific. Properties of this scale with established grounds and panoramic views are increasingly difficult to find this close to the coastline. A long private drive leads to more than 10,000 square feet under roof, where soaring cathedral ceilings and walls of glass frame sweeping ocean vistas from nearly every room. Designed for both comfortable daily living and large-scale gatherings, the residence includes six bedrooms and five full plus two half bathrooms, including two ocean-view primary suites. The expansive open-concept kitchen connects seamlessly to multiple living and dining areas centered around a dramatic great room. An approximately 2,000-square-foot finished lower level provides flexible space for a private office, wine storage, gym, media room, or additional storage, along with direct drive-in access ideal for collectors, hobbyists, or secure vehicle storage. Outdoor amenities include multiple terraces positioned for sunset views, a resort-style pool and spa, generous lawns, and a mature orchard that enhances the property's park-like character. Garage parking for up to nine vehicles, together with a large motor court accommodating additional cars, underscores the estate's scale and versatility. Fully gated and approached by a long private drive, the property offers a high degree of privacy and security while remaining close to beaches, shopping, and central Malibu amenities. The combination of acreage, established landscaping, panoramic ocean views, and substantial living space makes this a rare offering for those seeking a true Malibu estate with both privacy and proximity to the ocean.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Shen Schulz · Sotheby's International Realty

Payment estimate

$83,622

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $1,199,500 · Loan: $10,795,500

%
Principal & Interest
$66,329
Property tax (1.25%)
$12,495
Homeowners insurance
$300
Mortgage insurance
$4,498
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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 $419,825 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

Only large teams outsell Mike Watson · Keller Williams Realty

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