$1,750,000
Original list price: $1,795,000
MLS: 26835211
Beds
2
Baths
3
Sq Ft
2,492
Lot
3.25 ac
Year Built
1990
MLS #
26835211
Days on Market
174
Listed
May 8, 2026
Description
Welcome to Portico, one of Malibu's most intimate and coveted gated enclaves, consisting of just 21 residences and offering a rare blend of Mediterranean elegance and relaxed coastal living. Behind a charming gated archway framed by soaring palms, this beautifully updated condominium is the largest in the community and showcases a seamless indoor-outdoor lifestyle. Thoughtfully designed with spacious interiors and abundant natural light, the main level features an open-concept layout enhanced by stone and wood floors, graceful architectural archways, and soaring ceilings. The living room, centered around a cozy fireplace, flows effortlessly to an oversized, lushly landscaped private patio perfect for entertaining or unwinding in total privacy. The dining area connects naturally to the outdoors, while the custom gourmet kitchen is a true showpiece, complete with top-of-the-line Miele appliances, custom cabinetry, and built-in storage. Upstairs, two expansive primary suites offer luxurious retreats, each with ensuite baths and generous closet space. The main suite features its own fireplace, a spa-inspired bathroom with a freestanding soaking tub, and a private covered balcony with scenic Point Dume views. The second suite also enjoys a private balcony, inviting in refreshing ocean breezes and natural light. Additional highlights include a main-level powder room, a finished two-car attached garage with built-ins, and multiple outdoor living spaces including a generous courtyard patio ideal for gatherings. Portico residents enjoy resort-style amenities including a heated saltwater pool, outdoor kitchen with BBQ, and a spacious dining pavilion. Ideally located just moments from Point Dume Village, the Nature Preserve, and some of Malibu's most pristine beaches including Westward Beach this home offers the perfect balance of privacy, sophistication, and coastal convenience.
Location
Malibu, Los Angeles County, CA 90265
Open on Google Maps ↗Listed by: Marcus Beck · Sotheby's International 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
$15,083
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $175,000 · Loan: $1,575,000
Average 30-yr fixed rate 7.24% as of Oct 29, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $10,734
- Property tax (1.25%)
- $1,823
- Homeowners insurance
- $300
- Mortgage insurance
- $656
- 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 Oct 29, 2026
- 30-year fixed
- 7.24%
- 15-year fixed
- 6.60%
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 $61,250 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
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