Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

6051 Philip Avenue

Malibu, CA, 90265

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$25,000,000

MLS: 26653719

Beds

8

Baths

11

Sq Ft

13,385

Lot

4.88 ac

Year Built

1991

MLS #

26653719

Days on Market

19

Listed

Feb 22, 2026

Description

Private Malibu Ocean-View Estate on approx. 5 acres spanning 13,385 square feet with 8 en-suite bedrooms and 11 bathrooms, positioned to capture sweeping whitewater Ocean views from nearly every room. Located 1 block from the famous Zuma Beach, the property pairs estate-scale acreage with rare beach proximity. Designed for refined living and entertaining, the property includes a dedicated office, fitness room, game room, wine cellar, and private theater. Expansive, full-width ocean-facing decks on all 3 levels feature multiple dining and lounge areas, sitting spaces, and an outdoor fireplace, creating seamless Southern California indoor-outdoor living while commanding sweeping coastline vistas. Additional ocean-facing decks feature sitting areas, an outdoor fireplace, and unobstructed ocean views. An infinity-edge pool and oversized spa overlooking the Pacific Ocean, enhanced by cascading waterfalls and framed by manicured Italian and rose gardens. The grounds include a koi pond with koi and turtles, additional waterfalls, and over 30 mature fruit trees, creating a private resort-like atmosphere. The property offers 2 full-size tennis courts convertible to pickleball, including 1 privately lighted court for evening play - a rare amenity within Malibu. Set across 3 legal parcels, the property previously accommodated a 3-hole golf course and provides space for equestrian facilities including a barn, stables, and riding arena, as well as a private sport court or additional recreational amenities. The coveted west-end of Malibu beaches are less than a 5-minute stroll or 2-minute golf cart ride away, with a pedestrian crosswalk providing direct access to the sand. Minutes from Point Dume Village, Trancas Country Market, acclaimed dining, boutique coastal shopping, and Malibu's top-rated schools, with convenient access to Van Nuys Airport and even closer proximity to Camarillo Airport for private aviation. Legacy, multi-generational properties of this caliber are rarely offered.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Amber Reed · Compass

Payment estimate

$173,960

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $2,500,000 · Loan: $22,500,000

%
Principal & Interest
$138,244
Property tax (1.25%)
$26,042
Homeowners insurance
$300
Mortgage insurance
$9,375
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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 $875,000 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.

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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