31875 Sea Level Dr Malibu, CA 90265
Encinal Bluffs NeighborhoodHighlights
- Ocean View
- Garage Apartment
- Gourmet Kitchen
- Malibu Elementary School Rated A
- Solar Power System
- Primary Bedroom Suite
About This Home
Where Malibu's coastal character meets surf-inspired architecture, welcome to "The Octagon," a distinctive post-and-beam residence crafted by water lovers and designed to honor light, air, and a true connection to the sea. Wrapped in windows and filled with authentic old-school Malibu charm, this one-of-a-kind home reflects the spirit of a bygone era with an architectural edge. Featuring 4 bedrooms, 3 bathrooms, and versatile lofts, the floor plan offers exceptional flexibility for living, working, hosting, or creative use. The thoughtfully redesigned kitchen features Calcutta marble surfaces, brass accents, and custom craftsmanship, creating a beautifully functional centerpiece.The main living area is anchored by a welcoming fireplace, and floor-to-ceiling doors provide a seamless indooroutdoor flow, perfect for entertaining or expanding your daily living space. The primary suite includes a steam shower for a spa-like retreat, while subtle peek-a-boo ocean views enhance the home's coastal ambiance. A separate converted bonus suite with its own bathroom and kitchenette area adds valuable flexibility for guests or extended living. Multiple deck areas surround the home, offering opportunities to enjoy the outdoors from different vantage points, complemented by an outdoor shower ideal for beachside living. The property also includes a fully owned solar system, supported by two Tesla backup batteries and a Tesla charging station, providing energy efficiency and self-powered reliability. Located within a private seaside gated enclave of approximately twelve homes, the residence sits along a picturesque tree-lined lane that leads directly to Lechuza Beach, one of Malibu's most cherished hideaways. The community benefits from a seasonal private security patrol schedule, offering added peace of mind. Just minutes from the retail, dining, and conveniences of Trancas Country Market, as well as the newly constructed Malibu High School and Malibu Middle School, this home presents a rare opportunity to live by the sea in one of Malibu's most intimate and authentic enclaves.
Home Details
Home Type
- Single Family
Year Built
- Built in 1972 | Remodeled
Lot Details
- 5,031 Sq Ft Lot
- Lot Dimensions are 61x80
- Property is zoned LCR1*
HOA Fees
- $529 Monthly HOA Fees
Property Views
- Ocean
- Trees
- Peek-A-Boo
Interior Spaces
- 2,030 Sq Ft Home
- 2-Story Property
- Built-In Features
- Bay Window
- Family Room with Fireplace
- Living Room
- Dining Room
Kitchen
- Gourmet Kitchen
- Breakfast Area or Nook
- Oven
- Range Hood
- Microwave
- Dishwasher
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Powder Room
- 3 Full Bathrooms
- Steam Shower
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Garage Apartment
- Converted Garage
- Electric Vehicle Home Charger
- Automatic Gate
- Uncovered Parking
Eco-Friendly Details
- Solar Power System
Outdoor Features
- Deck
- Open Patio
Utilities
- Air Conditioning
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 4470-026-008
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $29,778 | $2,574,305 | $1,961,377 | $612,928 |
| 2024 | $29,778 | $2,523,829 | $1,922,919 | $600,910 |
| 2023 | $29,146 | $2,474,343 | $1,885,215 | $589,128 |
| 2022 | $28,802 | $2,425,827 | $1,848,250 | $577,577 |
| 2021 | $28,116 | $2,378,262 | $1,812,010 | $566,252 |
| 2019 | $27,565 | $2,307,723 | $1,758,266 | $549,457 |
| 2018 | $26,189 | $2,262,475 | $1,723,791 | $538,684 |
| 2016 | $25,237 | $2,174,622 | $1,656,855 | $517,767 |
| 2015 | $24,897 | $2,141,958 | $1,631,968 | $509,990 |
| 2014 | $22,404 | $1,913,718 | $1,565,771 | $347,947 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/28/2026 01/28/26 | For Sale | $3,875,000 | +84.5% | $1,909 / Sq Ft | |
| 06/21/2014 06/21/14 | Sold | $2,100,000 | -2.3% | $1,034 / Sq Ft | View Prior Sale |
| 06/21/2014 06/21/14 | Pending | -- | -- | -- | |
| 04/03/2014 04/03/14 | For Sale | $2,149,000 | -- | $1,059 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Ticor Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $2,100,000 | California Title | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | Equity Title Ins Company | |
| Interfamily Deed Transfer | -- | Equity Title Ins Company | |
| Grant Deed | $1,650,000 | Equity Title | |
| Interfamily Deed Transfer | -- | United Title Co Ventura Coun | |
| Grant Deed | $1,062,500 | Equity Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,007,000 | New Conventional | |
| Previous Owner | $1,100,000 | New Conventional | |
| Previous Owner | $392,400 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $500,000 | Purchase Money Mortgage | |
| Previous Owner | $910,000 | Purchase Money Mortgage | |
| Previous Owner | $600,000 | No Value Available |
Source: The MLS
MLS Number: 26644571
APN: 4470-026-008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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