Oceanfront bliss awaits in Malibu Cove Colony! Situated on approximately 50 feet of sandy beach frontage, this coastal oasis features endless whitewater, ocean, and coastline views all the way to Point Dume. Enter through a sun-filled, private courtyard with an expansive Ipe deck that wraps around all the way to the beach. Inside, enjoy casual elegance and beautiful natural light surrounded by high beamed ceilings, recessed lighting, and hardwood floors. A spacious living room boasts a tiled fireplace and endless ocean views through floor to ceiling windows and glass sliding doors, beckoning you onto the oceanfront deck that spans the entire frontage of the home. Private stairs offer easy access to the surf and sand below. The living area connects seamlessly with an ocean view dining space and a well equipped kitchen with a Thermador gas range, butcher-top island, Sub-Zero refrigerator, and plentiful built-ins. A large den serves as a perfect media or family room, and there are two entry level bedrooms. The second floor is dedicated to the primary suite, and the bedroom features magnificent ocean and coastline views with a fireplace and large seating area. A spa-like primary bathroom has dual vanities with a soaking tub, shower, and huge walk-in closet. An additional bedroom completes the second level, and both bedrooms offer access to the outdoor deck perfect for enjoying Malibu sunsets or the ocean breeze. An additional private deck above the courtyard features separate access and there is a bonus office and laundry room located above the two-car garage. Centrally located a moment's drive to local markets and restaurants, Malibu Cove Colony is one of the few guard gated beach communities in Malibu with abundant scenic beauty, the quintessential coastal lifestyle and some of the most compelling beach homes.
This property is $9.1M more than the Median Sold Price and $2.2K/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: #24379201
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: 4/29/2024, 6:25:22 PM 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.
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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
6
/10
Point Dume Elementary School
6955 Fernhill Dr
Distance between this listing and this school2.47 miles
Public District Grades KG-5
9
/10
Webster Elementary School
3602 Winter Canyon Rd
Distance between this listing and this school3.73 miles
Public District Grades KG-5
8
/10
White Oak Elementary School
31761 Village School Rd
Distance between this listing and this school8.69 miles
Public District Grades KG-5
Nearby Schools
9
/10
Arthur E. Wright Middle School
4029 Las Virgenes Rd
Distance between this listing and this school8.19 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
9
/10
Medea Creek Middle School
1002 Doubletree Rd
Distance between this listing and this school10.86 miles
Public District Grades 6-8
Nearby Schools
9
/10
Malibu High School
30215 Morning View Dr
Distance between this listing and this school3.73 miles
Public District Grades 6-12
8
/10
Agoura High School
28545 Driver Ave
Distance between this listing and this school8.65 miles
Public District Grades 9-12
6
/10
River Oaks Academy
880 Hampshire Rd
Distance between this listing and this school9.73 miles
The neighbors living near this home have an average income of $161,468. Most Malibu, CA residents have annual incomes between $100k-200k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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 $12,500,000.
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.
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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 April 16, 2024 and is currently priced at $12,500,000.
While more than 3 listings in Malibu, CA in March 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 11 were sold below. Between February 2024 and March 2024, Malibu, CA real estate market has seen increase in the number of listings by 13.5%. Listings spent 93 days on the market in March 2024, and had a median list price of $3,385,000 during the same period.
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. 
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