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$1,650,000   Price Analysis
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11968 Oceanaire Ln
Malibu, CA 90265
2 bed 2 bath 986 SqFt ($1673/SqFt)
1,306SqFt lot. Built 2023
Listed 2024-06-03, HOA $946, Taxes $8,096
May be USDA loan restricted due to income limits
near Malibu

Brand new Malibu Beach Condominium!!

* Sale Pending *

Welcome to the Malibu Bay Club located on an oceanfront bluff offering an incredibly serene beach lifestyle. Known for its cove beaches and natural beauty, this property is an ocean lover's paradise, mere steps from the sand. Oceanaire Lane is a penthouse corner unit offering limitless ocean and coastline views from Point Dume to the Channel Islands. Completely rebuilt from the ground up and drenched in natural light, this top floor unit features an open floor plan with brand new finishes top to bottom, large custom kitchen, breakfast and dining area, living room with walls of glass and a sliding door that opens to an expansive deck. The oceanside primary suite offers stunning views from every corner with a luxurious bathroom with custom built-ins. The second bedroom has views of the untouched mountains across the Hwy and a secondary bathroom with custom tile work and bathtub. Enjoy unobstructed views towards Point Dume overlooking the state parkland which offers one of the local's favorite surf breaks!

Private laundry room, A/C, ceiling fans, custom shades and window coverings and charming fixtures and finishes throughout. 2 car tandem carport plus an addtional third uncovered parking space. Don't miss this rare opportunity to own this premier penthouse corner unit in time for summer. The Malibu Bay Club is one of a few beachfront complexes in Malibu. Gated with secured entry, attractive pool area with spa and direct beach access to sandy coves.


Presented by Tara Switzer at
Coldwell Banker Realty.
Listing Agent Photo

Property MLS #24-399467 from TheMLSCLAW

Bedrooms: 2

Total Bathrooms: 2
Full Bathrooms: 2

Cooktop - Electric
Oven-Electric
Microwave
Laundry Facilities: Room
Laundry Features: Room

Breakfast Bar, Dining Area, Living Room, Master Bedroom, Patio Open

Cooling Features: Air Conditioning
Heating Features: Wall

Breakfast Room Description: Dining Area, Breakfast Counter / Bar

Furnished Description: Unfurnished
Flooring: Wood, Tile

Water Features: Well
Ocean

Pool Features: Heated with Propane, Association Pool, Heated, Community
Spa Features: Association Spa, Community, Heated with Propane, Heated

Carport Spaces: 2
Covered Spaces: 2
Garage Description: Carport Attached, Uncovered
Parking Total: 3

Patio And Porch Features: Balcony
Patio Features: Balcony

Lot Description: Gated Community
Lot Size Acres: 0.0299816
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 1306

View: Ocean, Mountains, Coastline
Other Equipment: Ceiling Fan, Dishwasher, Electric Dryer Hookup, Garbage Disposal, Refrigerator, Range/Oven, Microwave, Solar Panels
Security Features: Card/Code Access, Community, Gated

Assoc Maintains Landscape
Assoc Pet Rules
Controlled Access
Gated Community
Pool
Spa

Association: Yes
Association Fee: 477
Association Fee Frequency: Monthly
Association Fee 2: 469
Association Fee 2 Frequency: Monthly
Calculated Total Monthly Association Fees: 946

Number of Units: 136

Unit Floor In Building: 3
Unit Location: Penthouse

Balcony
End Unit
Sliding Glass Doors
Sprinkler System
Source Listing Status: Pending
County: Ventura
Directions: Malibu Bay Club - Pacific Coast Highway to 41000 Pacific Coast Highway. Turn left on Whalers Lane and then left on Oceanaire Lane
Source Property Type: Residential
Area: Malibu Beach
Property Subtype: condo
Source Neighborhood: Malibu Beach
Parcel Number: 700-0-250-145
Postal Code Plus 4: 2253
Zoning: RPD15U
Management Company: Community Property Management
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $479,906
$479,906
$8,096
2021$unknown + $470,497
$470,497
$7,797
2020$unknown + $465,673
$465,673
$6,876
2019$unknown + $456,543
$456,543
$8,400
2018$105,626 + $596,789
$702,415
$11,107
2017$103,555 + $585,088
$688,643
$10,823
2016$101,525 + $573,616
$675,141
$10,588
2015$100,000 + $565,000
$665,000
$10,764
2014$117,734 + $181,130
$298,864
$6,147
2013$117,202 + $180,312
$297,514
$5,847
2012$114,904 + $176,777
$291,681
$5,594
2010$112,651 + $173,311
$285,962
$5,357
2009$112,077 + $172,427
$284,504
$5,230
2009$111,810 + $172,017
$283,827
$5,230
2008$109,880 + $169,047
$278,927
$5,261
2007$107,726 + $165,733
$273,459
$4,956

Listed 2024-06-03
$1,650,000
TheMLSCLAW
Listing removed 2024-06-03
$0
TheMLSCLAW
Price Changed 2024-02-16
$1,750,000
TheMLSCLAW
Relisted 2023-11-17
$1,895,000
TheMLSCLAW
Listing removed 2023-11-15
$0
TheMLSCLAW
Listed 2023-11-12
$1,895,000
TheMLSCLAW
Sold 2014-11-21
$665,000
Public Record
Listing removed 2014-11-21
$675,000
TheMLSCLAW
Relisted 2014-09-29
$675,000
TheMLSCLAW
Listing removed 2014-09-20
$695,000
TheMLSCLAW
Price Changed 2014-07-15
$695,000
TheMLSCLAW
Listed 2014-03-27
$745,000
TheMLSCLAW
Sold 1979-05-25
$165,000
Public Record

Total Square Feet Living: 986
Year Built: 2023
Building Name: Malibu Bay Club
Common Walls: Attached
Direction Faces: South
Levels: One Level
Living Area Source: Vendor Enhanced
New Construction: Yes
Property Age: 1
Property Condition: New Construction
Levels or Stories: 1
Building Total Stories: 1
Structure Type: Condominium, Attached
House Style: Architectural
Year Built Source: Builder
Architectural Style: Architectural

Sewer: Septic Tank

Channel Islands High School is a public high school located approximately 14.6 miles away.
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Laguna Vista Elementary School is a public elementary school located approximately 11.2 miles away.
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Ocean View Early Education is a public elementary, middle and high school located approximately 13.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.