
3400 Coast View Drive, Malibu, CA 90265
3400 Coast View Drive, Malibu, CA 90265
Property Description
First time on the market in 50 years! One of Malibu's truly cool, old-school properties, this 4-bedroom, 4-bathroom hacienda captures the quintessential Malibu lifestyle with spectacular panoramic views of the Santa Monica Bay and the famed Queen's Necklace.Set on approximately 2 acres in the heart of Malibu, the property overlooks the legendary Malibu Racquet Club and is filled with authentic old-world Malibu charm. Expansive flat, grassy lawns surround a pool, ocean-view decks, spa, mature landscaping and beautiful outdoor fountains. Wrought-iron fencing, relaxing outdoor verandas and intimate seating areas add to the property's timeless character and relaxed, resort-like setting.Inside, each room has its own character, with wide-plank hardwood floors, soaring ceilings, spectacular ocean views and unique custom details throughout. The spacious primary bedroom is a destination unto itself, complemented by a dramatic floor-to-ceiling wall of glass framing panoramic Santa Monica Bay views. The adjoining bath features a luxurious spa tub and steam shower, while a giant built-in aquarium creates a truly unique view through the wall and into the bedroom.Relaxed, private and distinctly Malibu, this is a property with personality, less about polished perfection and more about the timeless, effortless Malibu vibe.A rare opportunity to own a piece of old Malibu that has been cherished by the same owner for five decades.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 4 closed
Malibu · Single Family Residence
Listed 6.6% below the median closed sale of $7,760,658. Price per sqft ($2,074) is a 23% discount to closed comps ($2,700). Closed comps sold at 92% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 24518 Vantage Point Terrace | Malibu | 1984 | 4 | 5 | 3,385 | 14,581 | $1,905 | $6.45M | 96 | 75 |
| 24630 Blue Dane Lane | Malibu | 1976 | 4 | 5 | 3,302 | 21,088 | $2,196 | $7.25M | 65 | 70 |
| 23351 Malibu Colony Road | Malibu | 1985 | 4 | 4 | 2,890 | 5,303 | $2,420 | $7.00M | 541 | 69 |
| 24216 Malibu Road | Malibu | 1958 | 3 | 2 | 1,676 | 5,725 | $3,729 | $6.25M | 41 | 65 |
| 23441 Malibu Colony Road | Malibu | 1959 | 4 | 3 | 3,180 | 6,190 | $2,514 | $8.00M | 89 | 58 |
| Total: 5 · Average | 3.8 | 3.8 | 2,886.6 | 10,577.4 | $2,552.8 | $6.99M | 166.4 | |||
| Median | 3,180 | $7.00M | ||||||||
Closed Properties (4)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24650 Blue Dane Lane | Malibu | 1977 | 03/20/2025 | 3 | 4 | 3,117 | 30,794 | $8.45M | $8.00M | $2,565 | 0.95 | 44 | 72 |
| 24134 Malibu Road | Malibu | 1979 | 03/20/2025 | 3 | 4 | 2,400 | 4,220 | $8.88M | $8.00M | $3,333 | 0.90 | 55 | 61 |
| 3895 Puerco Canyon Road | Malibu | 1991 | 05/08/2026 | 5 | 5 | 6,551 | 36,832 | $7.00M | $6.90M | $1,053 | 0.99 | 101 | 57 |
| 22826 Pacific Coast Highway | Malibu | 1984 | 06/23/2026 | 3 | 3 | 1,956 | 13,094 | $8.75M | $7.53M | $3,848 | 0.86 | 120 | 46 |
| Total: 4 · Average | 3.5 | 4.0 | 3,506 | 21,235 | $7.61M | $7.61M | $2,699.75 | — | 80 | ||||
| Median | 3,117 | $8.00M | $8.00M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.