$950,000
$149K PRICE DROP

31851 Sea Level Dr Unit 3 Malibu, CA 90265

Encinal Bluffs Neighborhood

Estimated payment $6,082/month

Total Views 1,091,330
3 Beds
4 Baths
2,906 Sq Ft
$327 Price per Sq Ft

Highlights

  • Ocean View
  • Home Theater
  • Midcentury Modern Architecture
  • Malibu Elementary School Rated A
  • Filtered Pool
  • Fireplace in Primary Bedroom

About This Home

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.

Listing Agent

Maxx Rifkin

Pacaso Inc. License #01994068 Listed on: 02/06/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 7,386 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Canyon
  • Pool

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,906 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Home Theater
  • Home Office
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas and Electric Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Steam Shower

Laundry

  • Laundry closet
  • Dryer

Pool

  • Filtered Pool
  • In Ground Pool
  • Heated Spa
  • Above Ground Spa
  • Waterfall Pool Feature

Outdoor Features

  • Balcony
  • Deck
  • Built-In Barbecue

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1974 | Remodeled

Lot Details

7,386 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Mid-Century
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Mid Level
  • Living Area: 2906
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1974
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Furnished
  • Fireplace Rooms: Gas, Living Room, Primary Bedroom
  • Flooring: Hardwood
  • Appliances: Built-In BBQ, Gas, Gas/Electric Range, Microwave, Oven-Gas, Range Hood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Dining Area, Kitchen Island
  • Laundry: In Closet
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Barbeque
  • Fireplace: Yes
  • Price Per S Q F T: 326.91

Exterior Features

  • Other Features: Balcony, Barbecue Private
  • Other Structures: Other
  • Patio: Deck(s)
  • Pool Description: Filtered, Waterfall, In Ground, Private
  • Pool: Yes
  • Spa: Above Ground, Heated, Private
  • Spa Yn: Yes
  • View: Canyon, Ocean, Pool
  • View: Yes

Garage/Parking

  • Parking Garage: Attached
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central, Forced Air, Natural Gas

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: UNAVAILABLE
  • Lot Size Area: 7386

Rental Info

  • Furnished: Furnished
  • Land Lease Purchase Yn: No

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $96,958 $7,932,528 $6,346,023 $1,586,505
2024 $89,829 $7,776,990 $6,221,592 $1,555,398
2023 $88,219 $7,624,500 $6,099,600 $1,524,900
2022 $63,418 $5,414,619 $4,288,808 $1,125,811
2021 $61,934 $5,308,451 $4,204,714 $1,103,737
2019 $60,732 $5,151,000 $4,080,000 $1,071,000
2018 $38,700 $3,366,000 $2,550,000 $816,000
2016 $40,165 $3,488,309 $2,942,610 $545,699
2015 $39,625 $3,435,913 $2,898,410 $537,503
2014 $39,022 $3,368,610 $2,841,635 $526,975
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/14/2026 07/14/26 Price Changed $950,000 -13.6% $327 / Sq Ft
02/06/2025 02/06/25 For Sale $1,099,000 -- $378 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $7,475,000 Fidelity National Title
Grant Deed $5,050,000 Fidelity National Title Com
Grant Deed $3,300,000 Title 365
Trustee Deed $601,000 Stewart Title Of California
Trustee Deed $601,000 Stewart Title Of California
Grant Deed -- None Available
Interfamily Deed Transfer -- Title 365
Interfamily Deed Transfer -- None Available
Grant Deed $2,900,000 First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $4,875,000 Credit Line Revolving
Closed $4,875,000 Construction
Previous Owner $3,491,937 Adjustable Rate Mortgage/ARM
Previous Owner $3,535,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,800,000 Purchase Money Mortgage
Previous Owner $880,000 Purchase Money Mortgage
Previous Owner $430,000 Unknown
Previous Owner $800,000 Unknown
Previous Owner $42,000 Purchase Money Mortgage
Previous Owner $2,175,000 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $282,000 Unknown
Source: Public Records

Source: The MLS

MLS Number: 25495517

The MLS

APN: 4470-026-028

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