4 months on rocket

31626 Sea Level Dr, Malibu, CA, 90265

$10,995,000

4 Bedrooms
5 Full Baths
3,501 SqFt
$3,141/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Driveway, Garage, Garage Door Opener, Guest, Private, On Street, Unassigned, Uncovered
Garage2 spaces
Year Built1998
HeatingRadiant
CoolingNone
WaterfrontOcean Front
FireplaceFamily Room, Gas
ViewCity Lights, Other, Mountain(s), Ocean
MLS #23337877
Lot Size0.10 Acres
StatusActive

About 31626 Sea Level Dr

This majestic oceanfront architectural residence is a study in luxury and light. Located in a private, gated community, the home is carefully sited and designed to provide gorgeous ocean views from almost every room. Consisting of two dedicated beachfront lots comprising an impressive 60 feet of ocean property, this one-of-a-kind Malibu estate was custom crafted for the current and only owner approximately 25 years ago and is being offered for sale for the first time. Masterfully designed by the renowned architectural firm Barsocchini & Associates, the residence is the first lot on Malibu's private and gated Sea Level Drive, grandly situated between two building-restricted lots, which garners it unprecedented privacy and protected views of prominent adjoining rock formations and sparkling city lights. The home features an inspiring Wave Motif copper clad roof system, craftsman-built art glass windows, specially crafted iron hand railings, and custom tile marble bathrooms. High ceilings, huge picture windows, and beautiful finishes create the perfect setting for very comfortable living and memorable entertaining that flows from spacious interiors to beachfront decks and terraces. On the main floor, the light-filled living/dining room opens onto a wraparound deck with ample room for barbecues, dining, and relaxing. The kitchen, with a vaulted ceiling, has exceptionally fine custom cabinets, bar seating, a built-in breakfast nook, and quality appliances that will please the most demanding chef. Off the kitchen, a stairway leads to an outdoor shower and the sandy beach below. Also on the main level is a bedroom and a full bath, while the lower level has an enormous family/media/recreation room with a fireplace, a kitchenette, laundry room, and bath. On the upper floor, there are three en-suite bedrooms, including the exquisite ocean-view primary, complete with two walk-in closets, loads of built-ins, an oceanfront balcony, an ocean-view spa-style bathroom, and stairs leading up to a private aerie that could be an office, library, or meditation suite. There is a second laundry room on the upper floor and one of the bedrooms has a loft. This beautiful house sits on the west side of Point Lachuza with unobstructed views and is a favored spot for local surfers. Expanding the already impressive views, a sandy cove at the side of the house is terraced for sunrise-to-sunset lounging and entertaining. The home has a two-car garage plus room for four vehicles in the driveway. Striking design in a coveted private location adds up to the finest in Malibu living.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1998
  • Stories: 2
  • Living Area: 3,501 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5744
  • Listing Agent: Christopher Cortazzo

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Disposal, Range, Refrigerator, Range Hood
  • Flooring Type: Carpet
  • Interior: High Ceilings, Living Room Deck Attached, Recessed Lighting, Two Story Ceilings, Jack and Jill Bath, Loft, Walk-In Closet(s)
  • Fireplace: Family Room, Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Ocean Front
  • View: City Lights, Other, Mountain(s), Ocean

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Door-Multi, Driveway, Garage, Garage Door Opener, Guest, Private, On Street, Unassigned, Uncovered

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: None

School Info

Assigned Schools Information:

  • Malibu High School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Pacific Coast Highway to Broad Beach Road. Drive to E Sea Level Drive. Turn right onto Broad Beach Road. Turn right onto E Sea Level Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $10,995,000
  • Price Per SqFt: $3,141/SqFt

Tax Information:

  • Annual Amount: $10,115
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Malibu, CA.

Med. Sold Price

$3.2M

Med. Price/SqFt

$1,339

Avg. Days On Market

61

# of Sold Homes

13

31626 Sea Level Dr vs Malibu

147 DAYS ON ROCKET

+86 Days

$10,995,000

+$7.7M More

$3,141/SqFt

+$1.8K More

KEY TAKEAWAY

This property is $7.7M 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: #23337877

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5744
  • Listing Agent: Christopher Cortazzo

IDX 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: 5/4/2024, 5:20:44 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$10,115$810,160
2020$9,910$801,854
2019$9,389$786,132
2018$9,340$770,718
2017$9,340$755,607

History based on county public records data.

Payment Calculator

$54.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$33K

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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.

High School

school-card-donut-6089069
9
/10
  • Malibu High School

  • 30215 Morning View Dr

  • 2.20 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,429. Residents of Malibu, CA typically earn between $100k-200k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 31626 Sea Level Dr

What is the listing price of this property?

The listing price of 31626 Sea Level Dr property is $10,995,000.

What type of property is this?

The property 31626 Sea Level Dr is a house located in Malibu, California, 90265.

Is this property for sale now?

Active Listing: 31626 Sea Level 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 31626 Sea Level Dr are:
Malibu 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 $10,115 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 31626 Sea Level Dr has 4 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 31626 Sea Level Dr is 3,501 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 31626 Sea Level Dr is 1998.
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Rocket HomesCaliforniaLos Angeles CountyMalibu9026531626 Sea Level Dr

This home is located at 31626 Sea Level Dr in Malibu, CA and zip code 90265 in the Encinal Bluffs neighborhood. This 3,501 square foot home, which was built in 1998, sits on a 0.10 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 09, 2023 and is currently priced at $10,995,000.

In April 2024 more than 1 listings in Malibu, CA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 12 were sold below. The number of homes for sale in Malibu, CA increased by 18.2% between March 2024 and April 2024. The median list price of listings available in April 2024 was $3,275,600, while the average time on the real estate market was 61 days.

From Rocket Homes Real Estate and based on county public records data.

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