$9,000,000
SOLD MAR 12, 2025

26940 Malibu Cove Colony Dr Malibu, CA 90265

4 Beds
3 Baths
3,502 Sq Ft
6,706 Sq Ft Lot

Recently Sold

$2,570 Per Sq Ft

18% Below List Price

195 Days on Market

Highlights

  • Ocean Front
  • 24-Hour Security
  • Great Room with Fireplace
  • Webster Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of March 2025

Discover an extraordinary beachfront haven in the heart of Malibu's exclusive shoreline. This iconic residence, crafted by the distinguished architect Ron Goldman, exemplifies luxurious coastal living. As you approach through a gated courtyard, a glass entryway offers a tantalizing glimpse of the expansive, art-friendly interior. The two-story foyer, adorned with skylights and an intricate staircase, invites you to explore further. Floor-to-ceiling windows provide uninterrupted ocean views, seamlessly merging the indoors with the sandy beach just steps away. The ground floor boasts a spacious oceanfront deck, perfect for dining and entertaining. The open-concept design features living and family rooms with cozy fireplaces, a dining area, and a gourmet kitchen with a central island, all overlooking the breathtaking Pacific Ocean. A guest bedroom and bathroom complete this level, offering comfort and convenience. Indulge in the epitome of luxury in the primary suite, which includes a private ocean-view terrace, a sitting area with a fireplace, and a built-in desk. The upper-level bedrooms, bathed in natural light from glass ceilings and sliding doors, embrace the coastal ambiance, providing stunning ocean views throughout the day. This sunlit home offers unparalleled sunrises and sunsets, with a unique contemporary design that harmonizes perfectly with its beachfront location. Eco-friendly features include a newly installed solar system and Tesla chargers, making this residence both stylish and sustainable. Located in the prestigious 24-hour guard-gated community of Malibu Cove Colony, this property offers both privacy and expansive living. Whether you desire a serene retreat, an art lover's sanctuary, or a prime entertainment space, this Malibu gem fulfills every aspiration. Experience the pinnacle of coastal living in one of Southern California's most sought-after communities.

Last Agent to Sell the Property

Ivan Estrada

Douglas Elliman License #01882046

Douglas Elliman

Last Buyer's Agent

Chris Cortazzo

Compass License #01190363

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $89,024

Year Built

  • Built in 1982

Lot Details

  • 6,706 Sq Ft Lot
  • Lot Dimensions are 50x114
  • Ocean Front
  • West Facing Home
  • Property is zoned LCR1YY

HOA Fees

  • $802 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Skyline
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,502 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Skylights
  • Bay Window
  • Formal Entry
  • Great Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Home Office
  • Library
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 4460-025-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$89,024

Year Built

Built in 1982

Lot Details

0

HOA Fees

$802 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3502
  • Lot Acreage: 0.1539
  • Lot Dimensions: 50x114
  • Stories: 2
  • Year Built: 1982
  • Number Of Photos: 61
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Great Room, Primary Bedroom
  • Flooring: Hardwood, Stone, Mixed
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Island, Pantry, Stone Counters
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dryer, Washer, Refrigerator, Range/Oven, Dishwasher
  • Fireplace: Yes
  • Price Per S Q F T: 2854.08
  • Windows: Bay Window, Skylights

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Water, Skyline, Mountains, Ocean, Panoramic, Coastline
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Guarded, Gated Community with Guard
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 9625.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4460-025-007
  • Lot Size Area: 6706

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Sold $9,000,000 -10.0% $2,570 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
01/06/2025 01/06/25 Price Changed $9,995,000 -9.1% $2,854 / Sq Ft
11/29/2024 11/29/24 For Sale $10,995,000 +22.2% $3,140 / Sq Ft
10/30/2024 10/30/24 Off Market $9,000,000 -- --
10/26/2024 10/26/24 For Sale $10,995,000 +22.2% $3,140 / Sq Ft
09/26/2024 09/26/24 Off Market $9,000,000 -- --
08/23/2024 08/23/24 For Sale $10,995,000 0.0% $3,140 / Sq Ft
08/06/2024 08/06/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $10,995,000 +50.6% $3,140 / Sq Ft
03/04/2016 03/04/16 Sold $7,300,000 -4.6% $2,085 / Sq Ft
11/16/2015 11/16/15 Price Changed $7,650,000 -4.3% $2,184 / Sq Ft
08/25/2015 08/25/15 For Sale $7,995,000 -- $2,283 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $89,024 $7,693,757 $6,155,006 $1,538,751
2023 $87,381 $7,542,900 $6,034,320 $1,508,580
2022 $86,310 $7,395,000 $5,916,000 $1,479,000
2021 $84,322 $7,250,000 $5,800,000 $1,450,000
2020 $93,014 $7,968,240 $5,916,000 $2,052,240
2019 $90,970 $7,746,817 $6,197,454 $1,549,363
2018 $86,425 $7,594,920 $6,075,936 $1,518,984
2016 $46,585 $4,060,649 $3,504,511 $556,138
2015 $45,933 $3,999,655 $3,451,870 $547,785
2014 $45,252 $3,921,308 $3,384,253 $537,055
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,000,000 New Conventional
Previous Owner $2,750,000 Unknown
Previous Owner $2,000,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $9,000,000 Chicago Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed $7,250,000 Fidelity National Title Co
Grant Deed -- None Available
Grant Deed $7,300,000 Fidelity Sherman Oaks
Interfamily Deed Transfer -- Orange Coast Title Co
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

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Source: The MLS

MLS Number: 24-418171

The MLS

APN: 4460-025-007