4
Bedrooms
Sold for $10,500,000 · Aug 2024
SOLDListed at $10,750,000
Malibu, CA
MLS# 24367493
Sandro Dazzan
Listing Agent
The Agency
DRE #: 01418033
Brokerage: The Agency
4
Bedrooms
6
Bathrooms
3,938 sqft
Square Feet
1994
Year Built
4,714 sqft
Lot Size
$2,666
Price/Sq Ft
N/A
Garage Spaces
N/A
HOA
Single Family Home
Property Type
Nestled along the gated and prestigious Sea Level Drive, this remarkable four-level residence exudes elegance and tranquility. Enter through the inviting, private courtyard bathed in sunlight or via the attached 2-car garage equipped with an elevator. Illuminated by an abundance of natural light and boasting captivating ocean vistas, step into the grand living room adorned with vaulted ceilings, a chic bar area, and a cozy fireplace. Floor-to-ceiling glass walls and sliding doors seamlessly merge indoor and outdoor spaces, inviting you to the oceanfront deck where serene moments and memorable gatherings await. On the second level find a chef's kitchen, featuring high-end stainless Thermidor appliances and a spacious center island offering sweeping ocean views. The third floor features four ensuite bedrooms, along with the primary bedroom facing the pacific with a spa like bath, fireplace, and sprawling ocean-view deck. In addition to the homes beach frontage, the property includes a beach lot immediately adjacent: 4470-001-003 (4,409 sq. ft.). Also for lease unfurnished for $27,500 per month, one year lease minimum and/or 'long term' only.
Listing description from the August 2024 sale, as reported to CRMLS.
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1 recorded sale
31630 Sea Level Drive sold for $10,500,000 in August 2024, 2.3% under its $10,750,000 list price, after 92 days on the market. It was first listed at $11,250,000. That works out to $2,666 per square foot on 3,938 square feet. Across 186 closed sales in 90265 over the last 12 months, the median sold price is $1,985,250 and the median is $1,136 per square foot, 57% below this sale's $2,666. 4-bedroom rentals in 90265 currently list at a median of $38,750 a month (111 listings).
| Quarter | Closed sales in 90265 | Median sold price |
|---|---|---|
| Q1 2026 | 20 | $1,812,000 |
| Q2 2026 | 90 | $2,162,500 |
| Q3 2026 | 66 | $1,875,000 |
| Q4 2026 | 10 | $3,430,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Malibu · Homes for sale in 90265
Closed sales reported in 90265, nearest first, last 12 months. All recent sales in Malibu →
31630 Sea Level Drive
Contact Sandro Dazzan
Contact via Nalren messaging
Contact Listing Agent
The Agency
DRE #01418033
Contact information is not available for this listing.