A newly reimagined coastal estate on Malibu’s Pacific Coast Highway has entered the market with an $88 million asking price, putting the sprawling property among the area’s high-end residential listings.
Located at 26848 Pacific Coast Hwy, the estate occupies approximately 1.62 acres and contains about 15,430 square feet of living space. The property is currently listed for sale through the Multiple Listing Service under MLS number 26839373.
The three-story residence, built in 2000, combines a large main house with additional guest and staff accommodations. Current listing records identify seven bedrooms and 11 bathrooms, while the property also includes a three-car garage.
| Property Fact | Details |
|---|---|
| Property | 26848 Pacific Coast Hwy |
| Location | Malibu, California |
| Asking Price | $88 million |
| Property Type | Single-family residence |
| Living Area | 15,430 sq. ft. |
| Lot Size | 1.62 acres |
| Bedrooms | 7 |
| Bathrooms | 11 |
| Year Built | 2000 |
| Stories | 3 |
| Price per Sq. Ft. | $5,703 |
| Garage | 3-car |
| Pool | Private heated pool |
| Key Amenities | Tennis court, wine cellar, billiards lounge, home theater |
| Views | Pacific Ocean, coastline, Catalina Island |
| MLS Number | 26839373 |
The estate has been positioned as a private coastal compound, with expansive views of the Pacific Ocean and surrounding coastline. Listing materials highlight large glass walls, high ceilings, fireplaces and a series of formal and informal living areas designed around the property’s ocean-facing setting.
Its amenities are aimed at both entertainment and private leisure. The property features a swimming pool overlooking the ocean, a tennis court and viewing pavilion, landscaped grounds, a wine cellar and a billiards area with a bar. A home theater, gym, library, art studio and additional entertainment spaces are also included in the listing details.
Security and technology are another component of the estate. Property records and listing information describe gated access, an automatic gate and prewired alarm infrastructure. The marketing description also highlights integrated smart-home technology.
The property’s design has also received significant attention. Current listing materials describe the estate as having been reimagined with contributions from Luno Design Studio and ATRAFORM, incorporating contemporary interiors, custom details and extensive use of glass to connect the interior spaces with the surrounding landscape.
The listing represents a significant increase from the property’s previous asking prices. Records show it was offered for $62 million in 2019 before those listings were removed. The property was previously offered at $25 million in 2016. Public records cited by Coldwell Banker show a sale in August 2005 for $2.439 million.
The latest listing was recorded in 2026 at $88 million, equivalent to roughly $5,703 per square foot based on the reported 15,430-square-foot living area.
The property also carries a substantial annual tax burden. Coldwell Banker records show property taxes of approximately $215,221 for 2025, based on an assessed value of about $17.57 million.
With its oceanfront setting, extensive amenities and more than 15,000 square feet of living space, the Malibu estate is being marketed as a luxury private retreat rather than simply a conventional single-family residence. Its $88 million asking price places it firmly within the upper tier of Malibu’s luxury real-estate market.
