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3400 Coast View Drive, Malibu, CA 90265

$7.25M4bd · 4ba · 3,495 sqft
Lot 81,509 sqft•Single Family Residence•
Active
•52d on market•MLS# 00-26970103

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

FeeBuilt 1956

Property Details

Land Type
Fee
Year Built
1956
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
View
Canyon, City Lights, Coastline, Mountain(s), Ocean, Panoramic, Park/Greenbelt, Trees/Woods, White Water
Flooring
Brick, Wood
City
Malibu
Zip Code
90265
County
Los Angeles
Listed byColdwell Banker Realty, Brian Merrick

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$36,659.95
Principal & Interest
Loan Amount
$5,800,000
Total Interest
$7,397,580
Total Payment Over 30 Years
$13,197,580
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 · 4 closed

3400 Coast View Drive, Malibu, CA 90265

Malibu · Single Family Residence

$7.25M
Luxury Tier
Beds
4
Baths
4
Sqft
3,495
Lot
1.87 ac
Year
1956
$/Sqft
$2074
Pool: Yes✓
Spa: Yes✓
View: city✓

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.

Price advantage
Subject listed at $7.25M· $2,074/sqft
Total list price
Closed comps
vs closed median $8.00M
−$745K (−9.3%)
Active comps
vs active median $7.00M
+$255K (+3.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,553
−$479 (−18.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
24518 Vantage Point TerraceMalibu1984453,38514,581$1,905$6.45M9675
24630 Blue Dane LaneMalibu1976453,30221,088$2,196$7.25M6570
23351 Malibu Colony RoadMalibu1985442,8905,303$2,420$7.00M54169
24216 Malibu RoadMalibu1958321,6765,725$3,729$6.25M4165
23441 Malibu Colony RoadMalibu1959433,1806,190$2,514$8.00M8958
Total: 5 · Average3.83.82,886.610,577.4$2,552.8$6.99M166.4
Median3,180$7.00M

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
24650 Blue Dane LaneMalibu197703/20/2025343,11730,794$8.45M$8.00M$2,5650.954472
24134 Malibu RoadMalibu197903/20/2025342,4004,220$8.88M$8.00M$3,3330.905561
3895 Puerco Canyon RoadMalibu199105/08/2026556,55136,832$7.00M$6.90M$1,0530.9910157
22826 Pacific Coast HighwayMalibu198406/23/2026331,95613,094$8.75M$7.53M$3,8480.8612046
Total: 4 · Average3.54.03,50621,235$7.61M$7.61M$2,699.75—80
Median3,117$8.00M$8.00M

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.