Skip to main content
ActiveSingleFamilyResidence

5461 Horizon Drive

Malibu, CA, 90265

Property location map
1 / 36View all 36 photos

$3,995,000

MLS: 26992291

Beds

5

Baths

3

Sq Ft

3,444

Lot

0.91 ac

Year Built

1978

MLS #

26992291

Days on Market

43

Listed

Sep 23, 2026

Description

First time on the market in nearly 50 years, this thoughtfully built and well maintained Spanish-style Malibu Park home has been lovingly cared for by its original owner-builder and awaits its next chapter. Set on approximately three-quarters of an acre, the property captures some of the most expansive and beautiful ocean views in Malibu, stretching from the Santa Monica Bay and city lights to sunsets over the Channel Islands. The generous primary suite is a private retreat, featuring a sitting area, walk-in closet, and ensuite bath with shower, all oriented toward the spectacular views. Additional second-level bedrooms provide ample space for family, guests, or a home office. Soaring ceilings, arched windows, and hardwood floors add warmth and character throughout, while the home's elevated setting takes full advantage of Malibu's iconic coastal landscape. An oversized three-car garage offers exceptional flexibility, with room for vehicle lifts, multiple cars, a workshop, or space for the enthusiast to tinker at home. Lovingly cared for by the same family for nearly five decades, this Malibu Park property offers a rare combination of history, scale, exceptional views, and value. Ideally located near Trancas Shopping Center, Zuma Beach, and Malibu High School, it presents an opportunity to own a distinctive home in one of Malibu's best ocean view​​‌​​​​‌​​‌‌​​‌​​‌​​​‌​‌​‌​​​​​‌​​‌‌​‌‌‌ neighborhoods.

Location

Malibu, Los Angeles County, CA 90265

Open on Google Maps ↗

Listed by: Brian Merrick · Coldwell Banker Realty

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$30,317

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $399,500 · Loan: $3,595,500

%

Average 30-yr fixed rate 7.18% as of Nov 5, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$24,357
Property tax (1.25%)
$4,161
Homeowners insurance
$300
Mortgage insurance
$1,498
Open the full calculator →

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 Nov 5, 2026

30-year fixed
7.18%
15-year fixed
6.57%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $139,825 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.

Similar Homes Nearby

Active and pending listings in ZIP 90265 (Malibu)within ±10% of this home's price and size.

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

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access
Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.