Single-family home
Listing Office: Prudential California Realty · Contact: 818-879-2900 · Bought with: Scott Harvey · Scott Harvey · MLS #11563309 · Source: CRMLS
31869 SEA LEVEL Drive sold for $1,130,000 in March 2012, 7.0% under its $1,214,900 list price, after 153 days on the market. It was first listed at $1,399,900. That works out to $598 per square foot on 1,891 square feet. Across 175 closed sales in 90265 over the last 12 months, the median sold price is $1,965,000 and the median is $1,136 per square foot — 90% above this sale's $598. 3-bedroom rentals in 90265 currently list at a median of $19,998 a month (56 listings).
| Quarter | Closed sales in 90265 | Median sold price |
|---|---|---|
| Q1 2026 | 20 | $1,812,000 |
| Q2 2026 | 90 | $2,162,500 |
| Q3 2026 | 65 | $1,850,000 |
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
Bank owned. Home is in a gated area of 12 homes with ocean access at the end of the cul de sac. There are stairs leading to Lechuza Beach, most of which is a state beach. Rooftop deck affords wonderful ocean views, lacking privacy. Spacious master bedroom, living room, dining area and kitchen are on the main level. Two secondary bedrooms and laundry room are downstairs, below grade and have window wells. Kitchen dishwasher is inoperable per the pervious tenant. Perfect home for a beach cottage or week end getaway.
Listing description from the March 2012 sale, as reported to CRMLS.
MLS-reported closed sales in 90265, nearest first (last 12 months). All recent sales in Malibu →
31869 SEA LEVEL Drive last sold in March 2012 for $1,130,000, according to CRMLS-reported closed sales.
$1,130,000, 7.0% below the $1,214,900 list price, after 153 days on the market — about $598 per square foot.
175 homes closed in ZIP 90265 over the last 12 months at a median of $1,965,000 ($1,136 per square foot). This sale was $598 per square foot.
31869 SEA LEVEL Drive is not currently listed on the MLS. Browse current homes for sale in Malibu on Nalren.
3-bedroom rentals in 90265 currently list at a median of $19,998 per month across 56 listings on Nalren.