There is a popular myth that only the incredibly wealthy can dwell in Malibu. While that may be true for Carbon Beach and other exclusive communities, there is a multitude of properties under $3 million that can provide a gateway to the Malibu lifestyle!

The Summer of 2020 has brought a large wave of buyers relocating from cities to the coast. As we head into fall, there are some amazing properties available both on and off of the beach for less than $3 million! Here is our Malibu Best-Buys for under $3 million as of August 20th, 2020:

29359 Heathercliff Road | Offered at $2,995,000

4 Beds | 3 Baths | Approx. 1,892 Square Feet | ~ 0.65 Acres

Located in the highly desirable neighborhood of Point Dume, this home offers incredible views of the ocean, Zuma Beach, Malibu coastline, and a stunning tropical setting. With 4 bedrooms and a casual layout, this newly remodeled ranch home has excellent natural lighting, large windows, an enclosed deck, jacuzzi, pool/spa, and peaceful gardens.

Malibu is not known for being “walkable,” which makes this home even more special. It is moments from the amenities of Point Dume Village and walking distance from multiple beaches. Better yet, buy a golf cart and casually peruse the Point for sand and surf.

View more listing details here! Listed by The Mark & Grether Group, Compass

30606 Vista Sierra Drive | Offered at $2,895,000

3 Beds | 4.5 Baths | Approx. 2,315 Square Feet | ~ 0.38 Acres

Malibu West is one of Malibu’s best, family-friendly neighborhoods. Comprised mainly of single level ranch homes, this community is tucked away in Trancas Canyon just moments from Pacific Coast Hwy, Trancas Country Market, and Zuma Beach. Most importantly, these homes enjoy deeded rights to Malibu West Beach Club! This private club on Broad Beach Road offers private parking, locker rooms, and an excellent stretch of private beach for its members.

This newly redesigned mid-century in Malibu West is a stunner. With high-end upgrades throughout and a sleek modern design, its open floor plan and Fleetwood doors allow for seamless indoor/outdoor living with 950 sq. feet of Mangaris decks! All this walking distance from Trancas Country Market and the Malibu West Beach Club.

View more listing details here! Listed by Paul and Sara Gristanti, Pinnacle Estate Properties.

6436 Sea Star Drive | Offered at $2,850,000

5 Beds | 4 Baths | Approx. 3,421 Square Feet | ~ 0.21 Acres

Malibu Park, located on the rolling hills above Zuma Beach, is another one of Malibu’s most desirable communities. While properties on the bluffs and front row can have list prices well over $10 million (such as Lady Gaga’s estate purchased for $23 million), further back residents enjoy the same lifestyle at a quarter of the price.

The property located at 6436 Sea Star Drive is no exception. Situated at the West end of Malibu Park near a private path to the Trancas Country Market and Zuma Beach, this large home boasts 5 beds, high ceilings, a gourmet chef’s kitchen, and peaceful ocean, coastline, and mountain views. Outside, the backyard is an oasis with a saltwater lap pool, spa, and built-in BBQ perfect for intimate gatherings or family cookouts.

View more listing details here! Listed by Sean Landon, Douglas Elliman.

31855 Broad Beach Road | Offered at $3,000,000

Broad Beach is most famously known for it’s lavish, beachfront homes and their residents. A long resume of A-Listers including Frank Sinatra, Ray Ramano, Pierce Brosnan, and many more have all called Broad Beach home. However, just across the road from these mansions are homes at a fraction of the price with access to the same lifestyle.

These landside or bluff homes can trade anywhere from $3-6+ million and are rarely on the market, which makes 31855 Broad Beach Road even more unique. This highly updated mostly single-level home is spotless and flooded with natural light! Features include two master bedroom suites, stunning mountain views, a flagstone backyard with a built-in BBQ and firepit, and beautiful landscaping. Best of all, this property is a very short walk from the stunning beaches.

View more listing details here! Listed by James Peters, Windermere Homes and Estates.

There Are More!

While these are some of our favorite properties listed at $3,000,00 and below, there are plenty of others! Please reach out to us to discuss options, see what is available, and discover what living in Malibu is all about.

To contact our team, call 310.230.5771 or email russellandtony@compass.com