Fabulous opportunity to own one of the homes from visionary architect Harry H Gesner. Situated behind the prestigious gates of the Malibu Cove Colony Drive community, this masterpiece stands on 70 feet of ocean frontage. Gesner loved two things, nature and castles. He was known for standing on site for days and nights before he thoughtfully designs his projects carefully considering every element of the earth, the ocean and the sun. This home reflects just that! As you enter the foyer, the curved walls wave welcomes you to the heart of the house: the formal living room with stunning vaulted ceiling which each room leads back to the formal living room. Built in 1978, the home's open floor plan allows sunlight to permeate from various angles, offering captivating views throughout. The first story includes in addition to the formal living room, a chef's kitchen with dining area that opens to the terrace for east and south views, a family/den area leading to the front yard with the barbecue, firepit and spa area and a wavy bar that mimics the ocean waves facing west for the sunset views. Every room carefully positioned to maximize both functionality and aesthetic appeal. Upstairs, three bedrooms waits with a primary suite that features a uniquely designed bed with stunning morning views and terrace. In addition, the second mini primary and the third bedroom are situated across the stunning hallway that overlooks the formal living space. Centrally located, this gorgeous home stands minutes away from Geoffrey's, Zuma beach, Point Dume, Pepperdine. The Malibu Cross Creek shops and fine dining and of course the Malibu Soho House and Nobu to make this your perfect primary residence or your summer gateway!
Property Details
Property Features
Property Information:
Year Built: 1978
Stories: 2
Living Area: 3,417 SqFt
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
This property is $6.3M more than the Median Sold Price and $1.4K/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: #24367113
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
Office Phone: (310) 230-3700
Listing Agent: Diana Kassabian
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, 11:25:22 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
Jun 15, 2016
Jun 15, 2016Home Sold
$6,750,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$85,893
$7,382,108
2020
$84,231
$7,306,415
2019
$79,973
$7,163,153
2018
$79,646
$7,022,700
2017
$79,646
$6,885,000
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.
$49.4K
Per Month
Principal & Interest
$48.6K
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)
$729
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
$29.2K
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.
Elementary School
9
/10
Webster Elementary School
3602 Winter Canyon Rd
Distance between this listing and this school3.85 miles
Public District Grades KG-5
High School
9
/10
Malibu High School
30215 Morning View Dr
Distance between this listing and this school3.61 miles
Public District Grades 6-12
Assigned Schools
9
/10
Webster Elementary School
3602 Winter Canyon Rd
Distance between this listing and this school3.85 miles
Public District Grades KG-5
Nearby Schools
6
/10
Point Dume Elementary School
6955 Fernhill Dr
Distance between this listing and this school2.35 miles
Public District Grades KG-5
8
/10
White Oak Elementary School
31761 Village School Rd
Distance between this listing and this school8.66 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 school8.25 miles
Public District Grades 6-8
7
/10
Lindero Canyon Middle School
5844 Larboard Ln
Distance between this listing and this school9.18 miles
Public District Grades 6-8
9
/10
Medea Creek Middle School
1002 Doubletree Rd
Distance between this listing and this school10.87 miles
Public District Grades 6-8
Assigned Schools
9
/10
Malibu High School
30215 Morning View Dr
Distance between this listing and this school3.61 miles
Public District Grades 6-12
Nearby Schools
8
/10
Agoura High School
28545 Driver Ave
Distance between this listing and this school8.67 miles
Public District Grades 9-12
6
/10
River Oaks Academy
880 Hampshire Rd
Distance between this listing and this school9.69 miles
The neighbors living near this home have an average income of $161,468. Residents of Malibu, CA typically earn between $100k-200k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 27112 Malibu Cove Colony Dr
What is the listing price of this property?
The listing price of 27112 Malibu Cove Colony Dr property is $9,750,000.
What type of property is this?
The property 27112 Malibu Cove Colony Dr is a house located in Malibu, California, 90265.
Is this property for sale now?
Active Listing: 27112 Malibu Cove Colony Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 27112 Malibu Cove Colony Dr are: Webster Elementary School: GreatSchools Rating 9/10Malibu High School: GreatSchools Rating 9/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $85,893 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 15, 2016 for $6,750,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 27112 Malibu Cove Colony Dr has 3 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 27112 Malibu Cove Colony Dr is 3,417 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 27112 Malibu Cove Colony Dr is 1978.
Interested in 27112 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 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 27112 Malibu Cove Colony Dr in Malibu, CA and zip code 90265 in the Malibu Cove Colony neighborhood. This 3,417 square foot home, which was built in 1978, sits on a 0.17 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $9,750,000.
Over 3 listings were sold over their listed price in March 2024 in Malibu, CA. In the same period over 11 listings were sold below the listed price and 1 listings were sold for the listed price. Between February 2024 and March 2024, Malibu, CA real estate market has seen increase in the number of listings by 13.5%. The median list price of listings available in March 2024 was $3,385,000, while the average time on the real estate market was 93 days.
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