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Image 1 - 21250 Pacific Coast Hwy, Malibu, California, 90265 - House for sale
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Home For Sale In Malibu, California
21250 Pacific Coast Hwy, Malibu, California, 90265

Home For Sale In Malibu, California

house for sale
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Listed: 05/31/24

21250 Pacific Coast Hwy, Malibu, California, 90265

3 Bed:
3 Bath:
2,570 Sq Ft Living Area:
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Price
$ 10,8M
Price:  Increased

About This House

Step into the quintessential perfect beach house on 40 ft of desirable sandy La Costa Beach. The former home of musician Tom Petty and Designer Ron Herman; this light and bright home has been re-imagined over the years. Oceanfront great room, which includes a dramatic 2-story living room with a fireplace, and a spacious dining area off the living room and kitchen. This all leads to an oceanfront deck with stairs right down to the sandy beach. Upstairs are 2 oceanfront bedrooms including a primary suite with a romantic upper deck. Lovely bathroom with a jacuzzi tub, separate shower, and spacious walk-in closet. In addition, there is a 3rd guest bedroom. Close in location to SOHO, Nobu, and great shopping centers. Also available for lease for$45, 000per month, $55, 000per month for July and August, 2024.

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Malibu Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In August 2024, the asking price for 3 bed houses for sale in/near Malibu, United States averaged $7,240,923, an increase of 20% from the previous month.
Median price trends for properties for sale in Malibu, United States as of August 2024.

Household Income

Median household income: $134,282
Number of households: 5,499
The average household income in Malibu, CA grew from $116,904 to $134,282 in the past year. This data is an estimate based upon 5,499 households in Malibu, CA.
The chart below presents how household income is distributed in Malibu, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Malibu, CA compared to median property taxes around the country. The prevalent amount of property taxes in Malibu, CA equals $3k+ , which is more than the national average.