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11968 Oceanaire Ln, Malibu, CA 90265
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11968 Oceanaire Ln Malibu, CA 90265

$1,750,000
  • 2 Beds
  • 2 Baths
  • 986 Sq.Ft.
For Sale
$1,750,000 Get Pre-Qualified
Map preview of 11968 Oceanaire Ln, Malibu, CA 90265

Property Overview: 11968 Oceanaire Ln Malibu, CA has 2 bedrooms, 2 bathrooms, 986 living square feet and 1,306 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 2023 GROUND UP NEW CONSTRUCTION!!! Welcome to the Malibu Bay Club located on an oceanfront bluff offering an incredibly serene beach lifestyle. The west end of Malibu is known for its cove beaches and natural beauty and this property is an ocean lover's paradise, mere steps from the sand and surf. Oceanaire Lane is a penthouse corner unit offering endless ocean and coastline views from Point Dume to the Channel Islands. This unit has been completely rebuilt from the ground up and is the only newly constructed condo in Malibu currently offered for sale. Drenched in natural light, this top corner unit features an open floor plan with brand new finishes top to bottom, large custom kitchen with new appliances, 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! 2 car tandem carport plus an additional third uncovered parking space. Private laundry room, A/C, ceiling fans, fire sprinklers, custom shades and window coverings and beautiful fixtures and finishes throughout. Don't miss this rare opportunity to own this BRAND NEW premier penthouse corner unit. The Malibu Bay Club is one of only a few beachfront complexes in Malibu. Gated with secured entry, beautiful pool area with spa and direct beach access to sandy coves.

Listed by Tara Switzer | BRE #01422161 | Coldwell Banker Realty
Co-listed by Christine Rodgerson | BRE #01230442 | Coldwell Banker Realty
Last checked: 1 minute ago | Last updated: May 5th, 2024 | Source CRMLS | DOM: 177
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Home details

Lot Sq. Ft
1,306
HOA Dues
$946/mo
Year built
2023
Garage
--
Property Type:
Condominium
Status
Active
MLS#
23331177
City
Malibu
County
Ventura
Time on Site
190 days

Open Houses for 11968 Oceanaire Ln

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Property Details for 11968 Oceanaire Ln

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Dining Room, Breakfast Counter / Bar
  • Flooring: Wood, Tile
  • Living Room, Primary Bathroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Electric Cooktop, Electric Oven
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Security Features: Card/Code Access, Gated Community
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Association, Community, Heated
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Heated with Propane, Association, Heated, Community
  • Deck
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Attached Carport, Uncovered
  • Has Attached Garage
Property Information
  • Has View
  • View: Ocean, Mountain(s), Coastline
  • Total # of Units: 136
  • Parcel Number: 7000250145
  • Year Built Source: Builder
  • Entry Level: 3
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $477 (Monthly)
  • Second Association Fee: $469 (Monthly)
  • Association Amenities: Pet Rules, Controlled Access, Pool, Spa/Hot Tub
  • Total Average Monthly Fee: $946
Utilities Information
  • Sewer: Septic Type Unknown
  • Water Source: Well
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Malibu Bay Club - Pacific Coast Highway to 41000 Pacific Coast Highway. Press 0184 at gate for entry. Turn left on Whalers Lane and then left on Oceanaire Lane
View more facts & features

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Sale History for 11968 Oceanaire Ln

Last sold on December 5th, 2014

  • November, 2023

  • Nov 11, 2023

    Date

    Active

    CRMLS: 23331177

    $1,895,000

    Price

  • December, 2014

  • Dec 5, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2014

  • Nov 21, 2014

    Date

    Sold (Public Records)

    Public Records

    $665,000

    Price

Show More

Tax History for 11968 Oceanaire Ln

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $465,673 -- --

Home Value Compared to the Market

This property vs the competition

11968 Oceanaire Ln is listed 46.89% lower than the median list price for the city of Malibu which has a median list price of $3,295,000. The median price per/sqft for Malibu is $1,457 and this home is listed at $1774.85 per/sqft which puts the price per square foot 21.82% higher than the median price per square foot for the city of Malibu.

About 11968 Oceanaire Ln

Detailed summary of property

11968 Oceanaire Ln is a condominium located in Malibu, CA 90265 and is currently for sale. This condo offers 2 bedrooms, 2 bathrooms, roughly 986 living square feet, and sits on an approximately 1,306 square foot lot. 11968 Oceanaire Ln was first listed on ArdentRealEstateGroup.com on November 12, 2023. The homeowner is currently asking $1,750,000 and was originally asking $1,895,000. The median priced home in Malibu is $3,295,000 with a median price per square foot of $1,457. Based on Ardent Real Estate Group's Malibu Market Data, this home is listed 46.89% lower than the median priced home. Local competing homes currently for sale include 11912 Gorham Ave #2, 11921 Dorothy St #Penthouse 3 and 11959 Mayfield Ave #5. This home does have a Homeowners Association and the monthly fee is $946 per month. While the average home in Malibu, CA is selling in 116 days, 11968 Oceanaire Ln has a days on market of 177 days. There are currently 25 homes for sale in the Malibu real estate market and 17 of them are single family homes while 8 of them are condos and 0 are townhomes. For more information on this home for sale at 11968 Oceanaire Ln Malibu, CA 90265 contact Ardent Real Estate Group and we will put you in touch with one of our Malibu agents.

Public Facts for 11968 Oceanaire Ln

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
1,306
Stories
--
Type
Residential-Vacant Land
Pool
No
Spa
No
County
Ventura
Lot#
32
APN
700-0-250-145

The source for these homes facts are from public records.

90265 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,295,000
Median List Price/Sq.Ft.
$1,457
Median Sold Price
$1,679,000
Median Sold Price/Sq.Ft.
$1,275
Total Inventory
25
Median Sale to List Price %
98.82%
Avg Days on Market
61
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (23.08%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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