26664 Seagull Way A107, Malibu, California 90265, Malibu, 90265 - 1 bed, 2 bath
ACTIVE$999,000
26664 Seagull Way A107, Malibu, California 90265
1Bed
2Baths
786Sqft
188,843Lot
Year Built
1973
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$1,271
HOA
$1,349.85
Days on market
-
Sold On
-
MLS number
24473651
Home ConditionFair
Features
Excellent View: Mountain(s), Ocean
Deck
Pool
Spa
ViewMountain(s), Ocean
About this home
We found 3 Cons,5 Pros. Rank: price - $999.0K(50th), sqft - 786(17th), beds - 1(26th), baths - 2(50th).
Enjoy spectacular ocean views in this one bedroom two bath condo on the beach in Malibu. One of Malibu's best beaches for surf, walks biking and views. Large balcony with ocean views. Also included is a spacious approximately 10'x12' separate unit for all your beach toys. Enjoy resort like amenities including a heated pool and spa, tennis courts, a gym, club house, beach front volley ball, bbq area, and outdoor shower. Two side by side subterranean covered parking spaces and extra storage above included. It's like being on vacation year-round!
Price History
Date
Event
Price
12/19/24
Listing
$999,000
11/04/15
Sold
$610,000
Condition Rating
Fair
Built in 1973, this property is over 50 years old. While the visible bathroom appears clean and functional with updated flooring, the fixtures (brass), tile, and vanity style are clearly outdated, suggesting a renovation that occurred 15-30 years ago, or minimal updates to original components. The absence of kitchen images prevents a full assessment of that key area, but based on the bathroom, the unit is aged but maintained, requiring minor updates to modernize its interior rather than substantial repairs, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Prime Beachfront Location: Directly on one of Malibu's best beaches, offering unparalleled access to surf, walks, and views, a highly coveted and appreciating asset.
Spectacular Ocean Views: Features 'spectacular ocean views' from the unit and a large balcony, providing a premium and highly desirable living experience.
Extensive Resort-Style Amenities: Includes a heated pool, spa, tennis courts, gym, clubhouse, beachfront volleyball, BBQ area, and outdoor shower, offering a luxurious, vacation-like lifestyle.
Valued Parking & Storage: Comes with two side-by-side subterranean covered parking spaces and a spacious separate 10'x12' unit for beach toys, adding significant convenience and utility.
Private Outdoor Space: A large balcony with direct ocean views provides essential private outdoor living space, enhancing the beachfront experience and appeal.
Cons
High Association Fees: The monthly association fee of $1,349.85 is substantial and could be a significant ongoing cost, potentially limiting the pool of interested buyers.
Limited Square Footage & Bedrooms: At 786 sqft with only one bedroom, the unit is relatively small, which may restrict its appeal to a narrower buyer demographic (singles or couples) and impact future resale value compared to larger properties.
Age of Building: Built in 1973, the property is over 50 years old, which could imply dated infrastructure, potential for higher maintenance costs, or a need for significant interior renovations to meet modern luxury expectations.