Why Live in Malibu Road
Malibu Road in Malibu features two distinct housing areas: oceanside and landside. Oceanside homes are on small parcels, offering sunrise and sunset views towards Point Dume, with prices ranging significantly based on location and condition. Landside homes, situated on larger lots with elevated ocean views, are generally less expensive. The neighborhood predominantly consists of two-story single-family homes with varied architectural styles, alongside some high-end multifamily units at the northern end. Residents enjoy beach access to Barry’s Beach, Puerco Beach, and Amarillo Beach, which feel private due to limited public access points. Outdoor enthusiasts can explore hiking and biking trails accessible from the Pacific Coast Highway, including the extensive Backbone Trail. Malibu Bluffs Park, located nearby, offers ocean views, a whale-watching station, sports fields, and a playground. The area is within walking or biking distance to commercial centers like Malibu Colony Plaza, Malibu Country Mart, and Malibu Village Mall, known for boutique shopping and dining options such as Taverna Tony and Broad Street Oyster Company. Despite fire and flooding risks, the crime rate is lower than the national average. Malibu Road has direct access to the Pacific Coast Highway, providing a 15 to 20-minute drive to Santa Monica without traffic. The nearest airports are Van Nuys, 25 miles northeast, and Los Angeles International, 40 miles south. The neighborhood is served by the highly rated Santa Monica-Malibu Unified School District, including Malibu Elementary, Malibu Middle, and Malibu High School, all known for their strong academic performance.
Home Trends in Malibu Road, CA
On average, homes in Malibu Road, Malibu sell after 13 days on the market compared to the national average of 70 days. The median sale price for homes in Malibu Road, Malibu over the last 12 months is $277,000, down 55% from the median home sale price over the previous 12 months.
Median Sale Price
$277,000
Median 1 Bedroom Sale Price
$949,000
Average Price Per Sq Ft
$429
Number of Homes for Sale
0
Last 12 months Home Sales
24
Median List Price
$275,000
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
-55%