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31851 Sea Level Drive, 2, Malibu, CA 90265

$950K3bd · 4ba · 2,906 sqft
Lot 7,386 sqft•Residential•
Active
•611d on market•MLS# 00-25495737

Property Description

New Co-Ownership Opportunity: Own one-eighth of this professionally managed, turnkey home. Allure sits on gated West Sea Level Drive, one of Malibu's most coveted coastal addresses. The modern exterior features rich wood tones, a gated entry and generous windows that keep the Pacific front and center. Inside, vaulted wooden ceilings and dark hardwood floors run continuously through the main level, giving Allure a warm, grounded quality that feels entirely at home on this stretch of coast.The living room centers on a gas fireplace, with sliding glass pocket doors that open the full south wall to the coast. The kitchen has high-end appliances, a large island with breakfast bar seating and direct access to a private grilling deck. The primary bedroom has its own fireplace, a spacious dressing room with built-in storage and doors that open to a private enclosed garden. The en suite bath includes a dual-sink vanity and steam shower. Downstairs, a projection screen home theater sits alongside two guest suites with private baths and a flexible office space.The infinity pool, wooden deck, hot tub and fire pit lounge give Allure a natural outdoor sequence that flows toward the water. The beach is just steps beyond the gate, and Malibu's restaurants, coastline trails and open-air markets are all within easy reach.Allure is professionally designed, appointed and managed by Pacaso. Owners arrive to find everything ready at every visit, with nothing left to arrange.

Features & Amenities

FeeBuilt 1974

Property Details

Land Type
Fee
Year Built
1974
Property Type
Residential
Heating
Central, Forced Air
Cooling
Central Air
View
Canyon, Ocean
Flooring
Wood
City
Malibu
Zip Code
90265
County
Los Angeles
Listed byPacaso Inc., Maxx Rifkin

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,803.71
Principal & Interest
Loan Amount
$759,999
Total Interest
$969,337
Total Payment Over 30 Years
$1,729,336
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

31851 Sea Level Drive, 2, Malibu, CA 90265

Malibu ·

$950K
Residential Tier
Beds
3
Baths
4
Sqft
2,906
Lot
7,386 sqft
Year
1974
$/Sqft
$327
Pool: Yes✓
Spa: Yes✓
View: Canyon, Ocean✓

Listed 72.9% below the median closed sale of $3,500,000. Price per sqft ($327) is a 79% discount to closed comps ($1,561). Closed comps sold at 95% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 154 days on market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $950K· $327/sqft
Total list price
Closed comps
vs closed median $3.50M
−$2.55M (−72.9%)
Active comps
vs active median $3.69M
−$2.75M (−74.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,623
−$2K (−87.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2050 Corral Canyon RoadMalibu1980442,5007,194$860$2.15M5479
11770 Pacific Coast HighwayMalibu1973442,2337,405$1,411$3.15M1678
23505 Malibu Colony RoadMalibu1963442,4737,334$5,053$12.49M3978
3748 Seahorn DriveMalibu1962432,4007,853$1,540$3.69M3278
24604 Malibu RoadMalibu1954342,3517,124$4,251$9.99M6577
Total: 5 · Average3.83.82,391.47,382$2,623$6.30M41.2
Median2,400$3.69M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
31819 Cottontail Lane LaneMalibu197209/22/2026442,7447,377$3.69M$3.50M$1,2760.9512483
20207 Piedra Chica RoadMalibu196506/18/2026442,84611,066$3.10M$3.00M$1,0540.979974
30604 Sicomoro DriveMalibu—09/02/2026443,08010,845$3.15M$2.92M$9490.9326773
24728 Vantage Point TerraceMalibu197807/31/2026332,33912,511$3.75M$3.52M$1,5070.9414969
26508 Latigo Shore DriveMalibu199005/26/2026342,81727,938$8.95M$8.50M$3,0170.9512968
Total: 5 · Average3.63.82,765.213,947.4$4.29M$4.29M$1,560.6—153.6
Median2,817$3.50M$3.50M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.