Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

4240 Avenida De La Encinal

Malibu, CA, 90265

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$5,000,000

MLS: 26659403

Beds

6

Baths

5

Sq Ft

5,800

Lot

0.68 ac

Year Built

1992

MLS #

26659403

Days on Market

39

Listed

Mar 5, 2026

Description

Experience sweeping, panoramic views of the azure blue ocean and mountains from this coastal retreat in western Malibu, perched on a private street above world-famous beaches and just moments to the Trancas Country Market, Zuma Beach, Leo Carillo, and prime surfing at County Line beach. Giant picture windows frame striking vistas from every room, and beautiful stained glass perfectly captures natural light for added color and pop of multiple offshore islands. The formal living room features lofty double-height vaulted ceilings, with French doors openings to viewing decks and sunny ocean-facing balconies. Wide-plank oak floors flow throughout the home's entertaining spaces. The custom kitchen is fitted copious cabinetry, top-of-the-line appliances, center island with serving ledge and breakfast bar with circular seating, and recipe desk as clerestory windows offer garden and ridge line views. Nearby, the formal dining room is appointed with a built-in China cabinet and serving bar. Upstairs, discover a loft-style pajama room and lounge for relaxing and conversation with family and friends. The large primary suite has private balcony access, fireplace, sitting area, and a series of windows framing blue skies and gorgeous sunsets over the Pacific from the private exterior terrace. There is a walk-in closet and a spa-inspired bath with a jetted tub, glass shower, and dual-sink vanity as well as a circular office with built-ins. Outside, enjoy numerous spaces to lounge and dine al-fresco amidst soothing ocean breezes. Above the detached three-car garage is also an ADU/guest quarters with four elevation vistas of the ocean and mountains, with exposed beams, full kitchen, and private viewing balcony. A housekeeper's quarters are located in the sub-level below the living room. A large motor court affords parking for a number of cars, and a gated long driveway adds privacy and security. Relish a new way of life from this fresh vantage point with views that stretch from Catalina to the Channel Islands. Venture up scenic Pacific Coast Highway to Point Mugu, spend the weekend wine tasting in Santa Barbara, bike, explore hiking trails, or commute to Santa Monica and the Westside or west to Camarillo within a thirty-minute drive. Central to so many destinations and recreational possibilities, this truly is paradise found. This property is equipped with solar panels (owned) plus fire sprinklers and has easy access to the 101 via Encinal Canyon and Kanan Road.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Sally Forster Jones · Compass

Payment estimate

$35,032

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $500,000 · Loan: $4,500,000

%
Principal & Interest
$27,649
Property tax (1.25%)
$5,208
Homeowners insurance
$300
Mortgage insurance
$1,875
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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 $175,000 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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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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