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26902 Malibu Cove Colony Drive, Malibu, CA 90265

$7.50M4bd · 5ba · 2,644 sqft
Lot 7,429 sqft•HOA $9625/mo•Single Family Residence•
Active
•105d on market•MLS# 00-26861141

Property Description

Poised on the quiet cul-de-sac end of Malibu Cove Colony's private road, this oceanfront estate is an extraordinary work of art by renowned architect Harry Gesner. With its soaring geometries, expressive woodwork, and walls of glass that frame the endless Pacific, the home reflects Gesner's signature blend of drama and intimacy. Approached by a wooden bridge detailed with nautical rope, the residence begins with monumental double doors salvaged from the historic San Francisco Mint, an entry that immediately signals rarity and provenance. Inside, a world of handcrafted artistry unfolds, illuminated by sunlight streaming through skylights and stained-glass windows reclaimed from a historic church. The interiors are a celebration of natural materials and timeless design. Wood-beam ceilings, wide-plank floors, and five fireplaces create warmth and character, while sweeping walls of glass open to panoramic views stretching down the coast to Point Dume. The main level embraces open concept living, where the family room flows seamlessly into a window-lined dining area and onward to an ocean-view kitchen featuring custom cabinetry, bar seating, a butcher block island, double Thermador ovens, and hand-tiled counters. On the level below, the living room serves as a dramatic gathering space with soaring ceilings, another grand brick fireplace, a stained-glass rose window, and sliding doors that open to a broad oceanfront deck designed for dining, lounging, and effortless indoor-outdoor living. Upstairs, three of the four bedrooms boast sweeping ocean views, capturing the artistry and serenity of this one-of-a-kind residence. The primary suite is a private sanctuary with wood beam ceilings, a fireplace with artisan tile detailing, and sliding doors to its own oceanfront balcony. A loft retreat, accessed by ladder, overlooks the coastline with extraordinary views. The primary bath continues the artistry with double vanities, a walk-in shower, an in-ground vintage tiled tub, and access to a second private terrace overlooking the lush hillside. Additional bedrooms feature sliding glass doors to ocean-view decks and stained-glass accents that enhance the home's singular character. Everywhere, bespoke craftsmanship abounds from custom built-ins to nautical-inspired railings underscoring the home's authenticity and artistry.With direct beach access and expansive decks hovering above the sand, this is more than a residence: it is a piece of California architectural history. A rare chance to own a Harry Gesner original in Malibu Cove Colony, where art, history, and coastal living converge in perfect harmony.

Features & Amenities

FeeBuilt 1975

Property Details

Land Type
Fee
Year Built
1975
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
View
Catalina, City Lights, Coastline, Mountain(s), Ocean, Panoramic, White Water
Flooring
Carpet, Tile, Wood
Roof
Wood
City
Malibu
Zip Code
90265
County
Los Angeles
Listed byCompass, Christopher Cortazzo

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$37,898.80
Principal & Interest
Loan Amount
$5,996,000
Total Interest
$7,647,568
Total Payment Over 30 Years
$13,643,568
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

26902 Malibu Cove Colony Drive, Malibu, CA 90265

Malibu · Single Family Residence

$7.50M
Luxury Tier
Beds
4
Baths
5
Sqft
2,644
Lot
7,429 sqft
Year
1975
$/Sqft
$2835
Pool: No✓
Spa: No✓
View: city✓

Listed 9.2% below the median closed sale of $8,250,000. Price per sqft ($2,835) is a 34% premium to closed comps ($2,121). Closed comps sold at 84% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 170 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $7.50M· $2,835/sqft
Total list price
Closed comps
vs closed median $8.25M
−$755K (−9.2%)
Active comps
vs active median $7.25M
+$245K (+3.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,440
+$395 (+16.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
24630 Blue Dane LaneMalibu1976453,30221,088$2,196$7.25M6547
27727 Pacific Coast HighwayMalibu1952443,908134,106$1,662$6.50M28047
24518 Vantage Point TerraceMalibu1984453,38514,581$1,905$6.45M9645
6749 Zumirez DriveMalibu1958432,47973,743$3,429$8.50M12844
28873 Boniface DriveMalibu1975432,56044,495$3,008$7.70M4439
Total: 5 · Average4.04.03,126.857,602.6$2,440$7.28M122.6
Median3,302$7.25M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
26508 Latigo Shore DriveMalibu199005/26/2026342,81727,938$8.95M$8.50M$3,0170.9513066
25002 Malibu RoadMalibu196910/06/2026344,3587,783$13.00M$8.50M$1,9500.6524657
27860 Winding WayMalibu197606/05/2026454,73346,167$8.25M$7.65M$1,6160.939849
28036 Sea Lane DriveMalibu197611/05/2025564,15932,761$10.98M$8.25M$1,9840.7510341
7111 Grasswood AvenueMalibu197912/02/2025464,00032,578$8.85M$8.15M$2,0380.9227437
Total: 5 · Average3.85.04,013.429,445.4$8.21M$8.21M$2,121—170.2
Median4,159$8.25M$8.25M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.