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11854 Coral Reef Lane, Malibu, CA 90265

$1.20M2bd · 2ba · 1,044 sqft
Lot 1,742 sqft•HOA $525/mo•Condominium•
Active
•99d on market•MLS# 00-26856761

Property Description

Perched on the top floor with sweeping views of the Pacific Ocean, this 2-bedroom, 1.5-bath residence offers a rare opportunity to enjoy Malibu's coastal lifestyle at an exceptional value. The true centerpiece of the home is its unobstructed ocean view, where sparkling blue water, dramatic sunsets, and the soothing sound of waves create a spectacular backdrop for everyday living. The light-filled floor plan opens to a private ocean-view deck, inviting seamless indoor-outdoor living and providing the perfect setting for morning coffee, evening sunsets, or simply watching the coastline unfold before you. Comfortable as-is and ready for a new owner's personal vision, the residence offers the flexibility to enjoy immediately or thoughtfully update over time. Additional conveniences include in-unit private laundry, extra storage, and two dedicated parking spaces. Located within the gated oceanfront community of Malibu Bay Club, residents enjoy private beach access, a pool, spa, and a relaxed coastal atmosphere surrounded by some of Malibu's most scenic beaches. Just minutes from Trancas Country Market, Point Dume, Zuma Beach, and approximately 22 minutes from Pepperdine University and Cross Creek, the location offers both convenience and escape. Whether you're seeking a full-time residence, weekend retreat, or investment opportunity, this top-floor ocean-view home is all about the view, the setting, and the Malibu lifestyle that comes with it.

Features & Amenities

FeeBuilt 1974

Property Details

Land Type
Fee
Year Built
1974
Property Type
Residential
Property Subtype
Condominium
View
Ocean
City
Malibu
Zip Code
90265
County
Ventura
Listed byCompass, Laura Alfano

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,062.80
Principal & Interest
Loan Amount
$959,200
Total Interest
$1,223,407
Total Payment Over 30 Years
$2,182,607
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

11854 Coral Reef Lane, Malibu, CA 90265

Malibu · Condominium

$1.20M
Affordable Tier
Beds
2
Baths
2
Sqft
1,044
Lot
1,742 sqft
Year
1974
$/Sqft
$1148
Pool: Yes✓
Spa: Yes✓
View: water✓

Listed 68.9% above the median closed sale of $710,000. Price per sqft ($1,148) is a 27% premium to closed comps ($907).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.20M· $1,148/sqft
Total list price
Closed comps
vs closed median $710K
+$489K (+68.9%)
Active comps
vs active median $1.32M
−$125K (−9.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,103
+$45 (+4.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
11920 Whitewater LaneMalibu1974221,0441,742$1,499$1.56M11996
6466 Cavalleri RoadMalibu1975221,056127,218$677$715,000890
18203 CoastlineMalibu1971221,10022,167$1,204$1.32M8087
23901 Civic Center WayMalibu1972228951,559$838$750,0009387
18147 Coastline DriveMalibu1973221,04111,871$1,297$1.35M4486
Total: 5 · Average2.02.01,027.232,911.4$1,103$1.14M68.8
Median1,044$1.32M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
11862 Starfish LaneMalibu197405/29/2026229951,742$1.20M$1.17M$1,1710.976690
11918 Whitewater LaneMalibu197406/04/2026231,0751,742$1.55M$1.38M$1,2790.894488
6479 Kanan Dume RoadMalibu197506/16/2026221,056127,218$695,000$680,000$6440.982385
6472 Cavalleri RoadMalibu197505/27/2026221,056127,218$699,000$682,500$6460.987885
23901 Civic Center WayMalibu197208/13/202622895166,891$750,000$710,000$7930.9519482
Total: 5 · Average2.02.21,015.484,962.2$922,500$922,500$906.6—81
Median1,056$710,000$710,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.