Experience prime oceanfront living at Malibu Cove Colony! This exceptional coastal property offers 50 feet of sandy beach frontage and stunning views of the ocean and coastline stretching to Point Dume. Enter through a sun-drenched private courtyard, featuring an expansive Ipe deck that extends seamlessly to the beach. Inside, embrace casual elegance with abundant natural light, high beamed ceilings, recessed lighting, and beautiful hardwood floors. The spacious living room features a tiled fireplace and floor-to-ceiling windows that frame the endless ocean views, with glass sliding doors leading to an oceanfront deck that spans the entire width of the home. Private stairs provide direct access to the surf and sand below. The open living area flows effortlessly into an ocean-view dining space and a well-appointed kitchen equipped with a Thermador gas range, butcher-block island, Sub-Zero refrigerator, and ample built-ins. A large den serves as an ideal media or family room, and there are two convenient entry-level bedrooms. The second floor is dedicated to the luxurious primary suite, which offers magnificent ocean and coastline views, a cozy fireplace, and a spacious seating area. The spa-like primary bathroom features dual vanities, a soaking tub, a shower, and a generous walk-in closet. An additional bedroom completes the second level, with both bedrooms providing access to the outdoor deck, perfect for savoring Malibu sunsets or the ocean breeze. A private deck above the courtyard offers separate access, and there's also a bonus office and laundry room situated above the two-car garage. Centrally located just minutes from local markets and restaurants, Malibu Cove Colony is a prestigious, guard-gated beach community renowned for its scenic beauty, quintessential coastal lifestyle, and some of Malibu's most captivating beach homes.
Property Details
Property Features
Property Information:
Year Built: 1960
Stories: 2
Living Area: 3,436 SqFt
Listing Office:
Office Name: Compass
Office Phone: (310) 230-5744
Listing Agent: Patricia Palafox Escalante
Interior Features
Interior Information:
Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Range, Microwave, Oven, Refrigerator, Dryer, Washer
Flooring Type: Stone, Tile, Wood
Interior: Breakfast Bar, Separate/Formal Dining Room, Eat-in Kitchen
Fireplace: Living Room, Primary Bedroom
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Ocean Front
View: Ocean
Parking Information:
Parking: Door-Multi, Garage
Lot Features
Lot Information:
Lot Size: 0.16 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: PCH to Malibu Cove Colony to Address.
Price Information
Listing Price Info
Price Summary:
List Price: $10,900,000
Price Per SqFt: $3,172/SqFt
HOA Fees:
Amount: $525
Frequency: Monthly
Tax Information:
Annual Amount: $77,651
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Malibu, CA.
This property is $7.4M more than the Median Sold Price and $1.8K/SqFt more than other homes in Malibu, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24439655
Listing Office:
Office Name: Compass
Office Phone: (310) 230-5744
Listing Agent: Patricia Palafox Escalante
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 22, 2016
Apr 22, 2016Home Sold
$6,100,000
Apr 25, 2012
Apr 25, 2012Home Sold
$5,950,000
Jan 25, 1990
Jan 25, 1990Home Sold
$1,450,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$77,651
$6,671,239
2020
$76,145
$6,602,834
2019
$72,344
$6,473,368
2018
$72,047
$6,346,440
2017
$72,047
$6,222,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$54.9K
Per Month
Principal & Interest
$54.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$525
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$32.7K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Point Dume Marine Science School
6955 Fernhill Dr
Distance between this listing and this school2.48 miles
Public District Grades KG-5
8
/10
John L. Webster Elementary School
3602 Winter Canyon Rd
Distance between this listing and this school3.74 miles
Public District Grades KG-5
9
/10
White Oak Elementary School
31761 Village School Rd
Distance between this listing and this school8.71 miles
Public District Grades KG-5
Nearby Schools
7
/10
Malibu Middle School
30237 Morning View Dr
Distance between this listing and this school3.72 miles
Public District Grades 6-8
8
/10
Arthur E. Wright Middle School
4029 Las Virgenes Rd
Distance between this listing and this school8.18 miles
Public District Grades 6-8
7
/10
Lindero Canyon Middle School
5844 Larboard Ln
Distance between this listing and this school9.19 miles
Public District Grades 6-8
Nearby Schools
8
/10
Malibu High School
30215 Morning View Dr
Distance between this listing and this school3.72 miles
Public District Grades 6-12
8
/10
Agoura High School
28545 Driver Ave
Distance between this listing and this school8.70 miles
Public District Grades 9-12
6
/10
River Oaks Academy
920 Hampshire Rd Ste X
Distance between this listing and this school9.81 miles
The neighbors living near this home have an average income of $161,468. The most common annual income of people living in Malibu, CA is between $100k-200k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 27040 Malibu Cove Colony Dr
What is the listing price of this property?
The listing price of 27040 Malibu Cove Colony Dr property is $10,900,000.
What type of property is this?
The property 27040 Malibu Cove Colony Dr is a house located in Malibu, California, 90265.
Is this property for sale now?
Active Listing: 27040 Malibu Cove Colony Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $77,651 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 22, 2016 for $6,100,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 27040 Malibu Cove Colony Dr has 4 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 27040 Malibu Cove Colony Dr is 3,436 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 27040 Malibu Cove Colony Dr is 1960.
Interested in 27040 Malibu Cove Colony Dr? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 27040 Malibu Cove Colony Dr in Malibu, CA and zip code 90265 in the Malibu Cove Colony neighborhood. This 3,436 square foot home, which was built in 1960, sits on a 0.16 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 14, 2024 and is currently priced at $10,900,000.
Malibu, CA housing market in November 2024 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 13 sold below. In November 2024 in Malibu, CA there were 8.9% more homes for sale than in October 2024. While the average time on the market in November 2024 was 89 days, the median list price was $3,500,000.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
College Football
BJs Wholesale Club
Stein Mart
Express/Express For Men
Panera
Cracker Barrel
Bob Evans
Infiniti
Lexus
Lincoln
Adult Hits
Oldies
News/Talk/Information