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$895,000
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Property Description
Prime Location: Situated in Malibu's prestigious Cove Colony, a tightly held community renowned for privacy, ocean proximity, and exceptional (beachfront) home valuesLarge Parcel Size: At over an acre, this lot offers a much larger footprint than nearby residential parcels, allowing for flexible design potential and greater privacyUndeveloped Canvas: As vacant land, it presents a blank slate for custom luxury development, making it ideal for a luxury home builder or private investor seeking to create a signature estate.Established Ownership: Held by the same ownership since 2000, with clean title history and no recent transfers, foreclosures, or complex liensExpansive Lot Size - Over an acre of raw land, significantly larger than neighboring parcels, providing unmatched space and privacy
Full Property Details
Full Property Details for 27118 Malibu Cove Colony Dr
General
- Price: $895,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: V1-30067
- Updated: 9/17/2025
- Days on Market: 243 days
- Added to Site: 243 day(s) ago
Location
- County: Los Angeles
- Subdivision: Not Applicable
- Driving Directions: Go on the CA-1 S. Turn right onto Malibu Cove Colony Drive.
Utilities
- Water: Public
- Utility Description: None
Lot Features
- Property View: Ocean
- Lot Size (Acres): 1.19
- Lot Size (Sq. Ft.): 51,836.4
- Lot Size Source: Public Records
- Zoning: LCR1YY
- Lot Description: Biking, Watersports, Suburban, Street Lights, Hiking
- Fencing (Description): None
Financial Considerations
- Price Per Sq. Ft.: $17.27
- Assoc Fee Freq.: Monthly
Listed by KAM Coastal Development, Inc, Mark Mathias
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Schools
Schools serving 27118 Malibu Cove Colony Dr
School District:Santa Monica-Malibu Unified School District
| Name | Grades | Distance |
|---|---|---|
Webster Elementary School, Malibu, CA 3602 Winter Canyon Road, Malibu, CA 90265 | K-5 | 3.9 mi |
Malibu High School 30215 Morning View Drive, Malibu, CA 90265 | 6-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 27118 Malibu Cove Colony Dr
Date
Details
Price
Change
Source
8/13/2025
Price Reduced
$895,000
-10.05%
MLS
5/23/2025
Price Reduced
$995,000
-20.4%
MLS
5/20/2025
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 27118 Malibu Cove Colony Dr
0 Malibu Cove Colony Drive, Malibu, CA 90265 (MLS# V1-30067) is a Lots/Land property with a lot size of 1.1900 acres. 0 Malibu Cove Colony Drive is currently listed for $895,000 and was received on May 20, 2025. Want to learn more about 0 Malibu Cove Colony Drive? Do you have questions about finding other Lots/Land real estate for sale in Malibu? You can browse all Malibu real estate or contact a Coldwell Banker agent to request more information.

