$4,999,000
NEW CONSTRUCTION $78K PRICE DROP

5675 Calpine Dr Malibu, CA 90265

Malibu Area

Estimated payment $29,690/month

Total Views 2,276
5 Beds
5.5 Baths
3,848 Sq Ft
$1,299 Price per Sq Ft

Highlights

  • Ocean View
  • Horse Property
  • Heated In Ground Pool
  • Malibu Elementary School Rated A
  • New Construction
  • Sauna

About This Home

The Ultimate Value in Malibu Park: Brand New Gated 5-BR Pool Estate with Panoramic Views. Welcome to 5675 Calpine Drive, a newly constructed architectural masterpiece representing Malibu's most compelling value. Nestled behind private gates on a half-acre lot in the prestigious Malibu Park enclave, this modern 5-bedroom, 5.5-bathroom estate flawlessly blends cutting-edge design with relaxed coastal living. It stands as the most competitively priced, brand-new 5-bedroom pool home anywhere in Malibu. Step past the secure gated entry into a light-filled sanctuary featuring an open floor plan, towering 9-foot ceilings, and a striking glass ceiling that floods the central staircase with natural light. Designed for effortless indoor-outdoor entertaining, the main level boasts floor-to-ceiling Western pocket doors that seamlessly transition out to a premium Brazilian Tigerwood deck and wrap around veranda. The sleek chef's kitchen comes fully equipped with top-of-the-line Thermador appliances, custom marble counters, and an expansive center island. For ultimate convenience across both levels, a private Nitto residential elevator services the home. All five spacious bedrooms feature luxurious ensuite bathrooms, including a primary retreat that serves as your personal wellness spa. Take in the panoramic ocean, canyon, and mountain views from dual private balconies, or unwind in the private dry sauna and freestanding soaking tub. The resort-style exterior features an in-ground pool, heated spa, and an enclosed courtyard surrounded by lush, park-like landscaping. The fully fenced grounds offer generous parking and unparalleled flexibility with ample space for horses or a future ADU. Virtually staged photos are included for visualization purposes only; furnishings and decor do not convey with the sale. Positioned perfectly in the Zuma Beach corridor, you are just minutes from the sand, scenic riding trails, Trancas Country Market, and Point Dume. Experience true turnkey luxury at an unmatchable price point in Malibu Park.

Listing Agent

John K. Herkenrath

Epique Realty License #01466775 Listed on: 07/01/2026

Epique Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 22,004 Sq Ft Lot
  • Lot Dimensions are 89x250
  • Gated Home
  • Drip System Landscaping
  • Sprinklers Throughout Yard
  • Back and Front Yard
  • Property is zoned LCRA20000*

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • RV Potential

Property Views

  • Ocean
  • Canyon
  • Mountain

Home Design

  • Modern Architecture
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 3,848 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Wired For Data
  • Bar
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Living Room with Attached Deck
  • Dining Area
  • Home Office
  • Storage
  • Sauna
  • Basement

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Granite Bathroom Countertops
  • Double Vanity
  • Freestanding Bathtub
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Horse Property
  • Balcony
  • Open Patio
  • Porch

Utilities

  • Air Conditioning
  • Central Heating
  • Vented Exhaust Fan
  • Property is located within a water district
  • Tankless Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4467-026-014

Home Details

Home Type

Single Family

Year Built

Built in 2025 | New Construction

Lot Details

0.51 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: The Ultimate Value in Malibu Park: Brand New Gated 5-BR Pool Estate with Panoramic Views. Welcome to 5675 Calpine Drive, a newly constructed architectural masterpiece representing Malibu's most compelling value. This gated 5-bedroom pool home in Malibu Park blends modern design with privacy. The open floor plan features 9-foot ceilings, floor-to-ceiling glass pocket doors, and a private elevator. A sleek chef's kitchen boasts Thermador appliances and marble counters. All 5 bedrooms offer ensuite baths, led by a primary retreat with ocean views and a private sauna. The resort-style grounds feature a pool, heated spa, and Brazilian wood deck and wrap around veranda, all secured behind gates with room for expansive backyard amenity addition, horses or an ADU. Virtually staged photos are included for visualization purposes. Experience ultimate coastal luxury near Zuma Beach.
  • Entry Location: Ground Level - no steps
  • Living Area: 3848
  • Lot Acreage: 0.5051
  • Lot Dimensions: 89x250
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2025
  • Builders Tract Name: Malibu Park
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Bar, Elevator, High Ceilings (9 Feet+), Living Room Deck Attached, Open Floor Plan, Pre-wired for high speed Data, Recessed Lighting, Storage Space, Turnkey
  • Fireplace Rooms: Living Room, Primary Bedroom
  • Flooring: Hardwood, Stone Tile, Marble
  • Appliances: Cooktop - Gas, Double Oven, Built-Ins, Microwave, Oven-Electric, Range, Range Hood
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Bedroom Features: Main Floor Bedroom, Primary Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Granite, Powder Room, Tile, Tub With Jets, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Kitchen Island
  • Kitchen Features: Island, Marble Counters
  • Laundry: On Upper Level, Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Equipment: Alarm System, Dishwasher, Elevator, Garbage Disposal, Hood Fan, Microwave, Network Wire, Range/Oven, Refrigerator, Vented Exhaust Fan
  • Fireplace: Yes
  • Price Per S Q F T: 1299.12
  • Windows: Double Pane Windows, Skylights

Exterior Features

  • Construction: Stucco
  • Other Features: Custom Built, Balcony, High Ceilings (9 Feet+), Sauna Private, Sliding Glass Doors, Slab
  • Other Structures: None
  • Foundation Details: Slab
  • Patio: Deck(s), Living Room Deck Attached, Patio Open, Porch, Balcony
  • Pool Description: Heated And Filtered, In Ground
  • Pool: Yes
  • Roof: Flat
  • Spa: In Ground, Heated
  • Spa Yn: Yes
  • View: Canyon, Ocean, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 6
  • Parking Garage: Auto Driveway Gate, Door Opener, Driveway - Concrete, Driveway - Pavers, Garage - 2 Car, Garage Is Attached, Gated, RV Possible
  • Total Parking: 2

Utilities

  • Water District: LACWD29
  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated, Carbon Monoxide Detector(s), Fire Sprinklers, Prewired for alarm system, Smoke Detector
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Drip System, Front, Rear, Side, Sprinkler System
  • Horses: Yes
  • Assessor Parcel Number: 4467-026-014
  • Lot Description: Horse Property, Fenced, Automatic Gate, Back Yard, Landscaped, Front Yard
  • Lot Size Area: 22004

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Map

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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 $26,564 $2,118,064 $1,353,040 $765,024
2024 $24,589 $2,076,534 $1,326,510 $750,024
2023 $24,098 $2,035,818 $1,300,500 $735,318
2022 $15,426 $1,275,000 $1,275,000 $0
2021 $15,060 $1,893,879 $1,893,774 $105
2020 $22,220 $1,874,460 $1,874,356 $104
2019 $22,127 $1,837,706 $1,837,604 $102
2018 $26,141 $2,251,965 $1,801,573 $450,392
2016 $25,167 $2,164,520 $1,731,617 $432,903
2015 $24,828 $2,132,008 $1,705,607 $426,401
2014 $24,466 $2,090,246 $1,672,197 $418,049
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 Prior Sale
07/26/2026 07/26/26 Price Changed $4,999,000 -1.5% $1,299 / Sq Ft
07/01/2026 07/01/26 For Sale $5,077,000 +306.2% $1,319 / Sq Ft
09/01/2020 09/01/20 Sold $1,250,000 -21.6% $332 / Sq Ft View Prior Sale
08/17/2020 08/17/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $1,595,000 -- $423 / 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 $1,250,000 Orange Coast Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $2,000,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Corporate Deed $1,000,000 Old Republic Title Company
Trustee Deed $347,577 First American Title Ins Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title Co
Gift Deed -- American Title Co
Quit Claim Deed -- Old Republic Title
Corporate Deed $434,500 First American Title Company
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
Previous Owner $480,000 Unknown
Previous Owner $1,702,500 Adjustable Rate Mortgage/ARM
Previous Owner $1,700,000 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 Unknown
Previous Owner $1,600,000 New Conventional
Previous Owner $975,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $750,000 Unknown
Previous Owner $750,000 Unknown
Previous Owner $750,000 No Value Available
Previous Owner $37,946 Unknown
Previous Owner $20,000 Unknown
Previous Owner $300,000 Credit Line Revolving
Previous Owner $200,000 Credit Line Revolving
Previous Owner $40,000 Unknown
Source: Public Records

Source: The MLS

MLS Number: 26851195

The MLS

APN: 4467-026-014

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