2947 Corral Canyon Road, Malibu, CA 90265
2947 Corral Canyon Road, Malibu, CA 90265
Property Description
Ocean Views, Ocean Views and more Ocean Views from the best location on Corral Canyon Rd; this 3 bedroom 3 bath house with bonus room is first time on the market in 30 years and ready for a buyer or investor to re-imagine, refresh, revitalize and create their dream coastal retreat. This 2 story home offers fantastic ocean views from the top level and boast an open floor plan with living, kitchen, dining area, guest bathroom and fire place, access to a spacious deck and direct access to a double garage. With paid Solar System, copper plumbing and one year paid propane the new owners have an opportunity to focus on transforming the interior and spacious yard to entertainment centers, garden or gazebo with hot tub or whatever the heart desires. The lower level has 3 bedrooms, 2 baths and bonus area with access to a great yard. The promising canvas is a rare find in one of Southern California's most sought-after communities: PCH, the beach and everything you want and need is minutes away from the home. Within the past 18 months the owners in their mid 90's passed away peacefully in the home of natural causes. If you need inspiration and creativity....this is your home in the El Nido community of Malibu. Location, location, location!
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Malibu · Single Family Residence
Listed 10.8% below the median closed sale of $1,345,000. Price per sqft ($725) is a 39% discount to closed comps ($1,193). Closed comps sold at 93% of list — buyers have negotiating leverage.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 11770 Pacific Coast Highway | Malibu | 1969 | 4 | 3 | 1,742 | 1,058 | $1,263 | $2.20M | 60 | 75 |
| 24216 Malibu Road | Malibu | 1958 | 3 | 2 | 1,676 | 5,725 | $3,729 | $6.25M | 25 | 75 |
| 11770 Pacific Coast | Malibu | 1970 | 3 | 4 | 1,883 | 4,791 | $1,832 | $3.45M | 162 | 72 |
| 27044 Malibu Cove Colony Drive | Malibu | 1961 | 3 | 2 | 1,800 | 7,208 | $5,667 | $10.20M | 67 | 69 |
| 11770 Pacific Coast Highway | Malibu | 1970 | 3 | 4 | 1,718 | 8,520 | $2,066 | $3.55M | 86 | 69 |
| Total: 5 · Average | 3.2 | 3.0 | 1,763.8 | 5,460.4 | $2,911.4 | $5.13M | 80 | |||
| Median | 1,742 | $3.55M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2955 Corral Canyon Road | Malibu | 1976 | 08/07/2026 | 3 | 2 | 1,836 | 5,123 | $1.40M | $1.20M | $654 | 0.86 | 98 | 76 |
| 2850 Searidge Street | Malibu | 1991 | 05/15/2026 | 3 | 2 | 1,621 | 6,740 | $1.35M | $1.34M | $830 | 1.00 | 35 | 72 |
| 42750 Pacific Coast Highway | Malibu | 1963 | 07/31/2026 | 3 | 3 | 2,000 | 4,356 | $5.47M | $5.10M | $2,550 | 0.93 | 93 | 71 |
| 2965 Seabreeze Drive | Malibu | 1979 | 10/08/2026 | 3 | 2 | 1,998 | 7,093 | $1.50M | $1.27M | $638 | 0.85 | 78 | 71 |
| 30630 Morning View Drive | Malibu | 1978 | 05/08/2026 | 3 | 3 | 1,978 | 7,559 | $2.50M | $2.55M | $1,291 | 1.02 | 175 | 71 |
| Total: 5 · Average | 3.0 | 2.4 | 1,886.6 | 6,174.2 | $2.29M | $2.29M | $1,192.6 | — | 95.8 | ||||
| Median | 1,978 | $1.34M | $1.34M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.