5675 Calpine Drive
Malibu, CA, 90265
$4,999,000
Original list price: $5,077,000
MLS: 26851195
Beds
5
Baths
6
Sq Ft
3,848
Lot
0.51 ac
Year Built
2025
MLS #
26851195
Days on Market
49
Listed
Jul 1, 2026
Description
The Ultimate Value in Malibu Park: Brand New Gated 5-BR Pool Estate with Panoramic Views. Welcome to 5675 Calpine Drive, a newly constructed architectural masterpiece representing Malibu's most compelling value. Nestled behind private gates on a half-acre lot in the prestigious Malibu Park enclave, this modern 5-bedroom, 5.5-bathroom estate flawlessly blends cutting-edge design with relaxed coastal living. It stands as the most competitively priced, brand-new 5-bedroom pool home anywhere in Malibu. Step past the secure gated entry into a light-filled sanctuary featuring an open floor plan, towering 9-foot ceilings, and a striking glass ceiling that floods the central staircase with natural light. Designed for effortless indoor-outdoor entertaining, the main level boasts floor-to-ceiling Western pocket doors that seamlessly transition out to a premium Brazilian Tigerwood deck and wrap around veranda. The sleek chef's kitchen comes fully equipped with top-of-the-line Thermador appliances, custom marble counters, and an expansive center island. For ultimate convenience across both levels, a private Nitto residential elevator services the home. All five spacious bedrooms feature luxurious ensuite bathrooms, including a primary retreat that serves as your personal wellness spa. Take in the panoramic ocean, canyon, and mountain views from dual private balconies, or unwind in the private dry sauna and freestanding soaking tub. The resort-style exterior features an in-ground pool, heated spa, and an enclosed courtyard surrounded by lush, park-like landscaping. The fully fenced grounds offer generous parking and unparalleled flexibility with ample space for horses or a future ADU. Virtually staged photos are included for visualization purposes only; furnishings and decor do not convey with the sale. Positioned perfectly in the Zuma Beach corridor, you are just minutes from the sand, scenic riding trails, Trancas Country Market, and Point Dume. Experience true turnkey luxury at an unmatchable price point in Malibu Park.
Location
Malibu, Los Angeles County, CA 90265
Open on Google Maps ↗Listed by: John K. Herkenrath · Epique 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
$36,324
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $499,900 · Loan: $4,499,100
Average 30-yr fixed rate 6.67% as of Aug 13, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $28,942
- Property tax (1.25%)
- $5,207
- Homeowners insurance
- $300
- Mortgage insurance
- $1,875
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 Aug 13, 2026
- 30-year fixed
- 6.67%
- 15-year fixed
- 5.96%
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 $174,965 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.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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