$1,699,999
MLS: 26839113
Beds
2
Baths
3
Sq Ft
2,204
Lot
3.25 ac
Year Built
1990
MLS #
26839113
Days on Market
20
Listed
May 27, 2026
Description
Beautiful coastal living in a great Malibu location. Situated within the highly sought-after gated community of Portico, an intimate enclave of just 21 residences, this contemporary Mediterranean townhome offers the perfect blend of comfort, space and convenience at an exceptional value. Boasting approximately 2,204 square feet of living space, this light-filled residence features two expansive ensuite bedrooms, each offering privacy and comfort. The Primary suite is a true retreat, complete with its own fireplace, spacious closet, and spa-like bathroom with separate soaking tub and shower. High ceilings, graceful architectural details, and an open-concept floor plan create an airy and inviting atmosphere throughout. The gourmet kitchen opens seamlessly to the spacious living and dining areas, ideal for both everyday living and entertaining. The living room fireplace adds warmth and sophistication, while French doors lead to a generous private patio perfect for al fresco dining, lounging, or enjoying Malibu's year-round coastal climate. Additional highlights include a thoughtfully upgraded two-car attached garage with direct access, storage, additional driveway parking, and abundant space throughout the home designed for comfortable everyday living. Portico residents enjoy resort-style amenities including a stunning saline pool, beautifully maintained grounds, a custom outdoor barbecue area, and an elegant poolside dining pavilion designed for entertaining and relaxation. Ideally located just moments from Point Dume, Point Dume Plaza and some of Malibu's most iconic beaches including Zuma Beach and Westward Beach. An exceptional opportunity to own in one of Malibu's most desirable gated communities, where privacy, style, and the Malibu lifestyle come together effortlessly.
Location
Malibu, Los Angeles County, CA 90265
Open on Google Maps ↗Listed by: Patricia Palafox Escalante · Compass
Payment estimate
$13,969
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $170,000 · Loan: $1,529,999
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $9,691
- Property tax (1.25%)
- $1,771
- Homeowners insurance
- $300
- Mortgage insurance
- $637
- HOA dues
- $1,570
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $59,500 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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