28 Malibu, Irvine, California 92602, Irvine, - bed, bath

home-pic
ACTIVE$2,999,888
28 Malibu, Irvine, California 92602
5Beds
4Baths
4,126Sqft
8,051Lot
Year Built
2001
Close
-
List price
$3M
Original List price
$3.59M
Price/Sqft
-
HOA
$288
Days on market
-
Sold On
-
MLS number
OC25092278
Home ConditionFair
Features
Good View: Neighborhood, Pool, Trees/Woods
Patio
ViewNeighborhood, Pool, Trees/Woods

About this home

Welcome to 28 Malibu, located beyond the prestigious 24-hour guard-gated entry of Northpark. Arguably the crown jewel location within the community. Situated on a sprawling 8,000-square-foot corner lot within a loop cul-de-sac, this home overlooks the all-new community pool and the serene, eucalyptus tree-lined greenbelt. Offered for sale for the first time since new, this elegant estate presents an exceptional opportunity. Boasting one of the largest floor plans, the home offers over 4,100 square feet of living space, including five bedrooms (one conveniently located on the first floor), four full bathrooms, and an office. all filled with an abundance of natural light. Through the gated front porch, you are welcomed into the formal foyer, featuring a beveled glass door, vaulted ceilings, and a hand-crafted spiral wrought iron staircase. Multiple living areas include a formal living room and dining room, which open to a private patio via French doors, a great room with a cozy fireplace, and a gourmet kitchen with a center island, built-in refrigerator, range, double ovens, walk-in pantry, and a sunny breakfast nook. The pool-sized private backyard is an entertainer’s oasis, complete with a fireplace and built-in BBQ. Upstairs, the circular loft with a built-in bench and bookcase offers a perfect spot to enjoy your favorite novel. The luxurious primary suite includes a soaking tub, walk-in shower, and his-and-hers walk-in closets. Three additional bedrooms are located upstairs, one with its own en-suite bathroom, while the other two share a full bathroom with dual vanities. A spacious laundry room is also located on the second floor for added convenience. Additional features include plantation shutters, wainscoting, recessed lighting, and ample built-in cabinetry throughout. Minutes from award-winning schools including Hicks Canyon Elementary, Orchard Hills Middle, and the highly coveted Beckman High School. Residents enjoy numerous parks, walking and biking trails, clubhouses, and more — all within NorthPark’s gates. World-class shopping, dining, and entertainment are also just a short drive away, along with easy access to toll roads and freeways. This grand estate has room for it all. Truly a must-see!

Price History

Date
Event
Price
10/29/25
Price Change
$2,999,888-11.5%
08/02/25
$3,388,000
04/28/25
$3,588,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (69 Listings)
Beds54
76%
Baths43
51%
Square foot4,1262,915
87%
Lot Size8,0515,033
86%
Price$3M$2.7M
66%
Price per square foot$727$957.5
14%
Built year200110086009
20%
HOA$288
6%
Days on market190167
64%
Condition Rating
Fair

Built in 2001, this property is well-maintained and appears to be in good functional condition with no immediate repairs needed. However, the kitchen and bathrooms, while clean, feature styles (e.g., tile flooring, backsplash, cabinet profiles, and some light fixtures) that are characteristic of the early 2000s and are now considered dated. The property is move-in ready but would benefit from cosmetic updates to modernize its aesthetic, aligning with the 'Fair' criteria of being built over 20 years ago with no major renovations and showing signs of being outdated.
Pros & Cons

Pros

Prime Guard-Gated Location: Situated in the prestigious 24-hour guard-gated community of Northpark, on a desirable 8,000 sq ft corner lot within a loop cul-de-sac, offering enhanced privacy, security, and views of the community pool and greenbelt.
Expansive & Functional Layout: Boasts one of the community's largest floor plans with over 4,100 sq ft, including 5 bedrooms (one downstairs), 4 full bathrooms, and a dedicated office, providing ample space and versatility for diverse needs.
Luxurious Entertaining Amenities: Features a gourmet kitchen with high-end appliances and a 'pool-sized' private backyard oasis complete with a fireplace and built-in BBQ, ideal for entertaining and outdoor living.
Architectural Elegance & Quality Finishes: Showcases impressive architectural details such as a formal foyer with vaulted ceilings, a hand-crafted spiral wrought iron staircase, plantation shutters, wainscoting, and ample built-in cabinetry throughout.
Exceptional School District & Community Access: Located minutes from award-winning schools (Hicks Canyon, Orchard Hills, Beckman High) and offers residents access to Northpark's extensive amenities including parks, walking/biking trails, and clubhouses.

Cons

Potential for Original Systems: As the property is being sold for the first time since its 2001 construction, major home systems (e.g., HVAC, water heater, roof) are likely original and may require future capital expenditure for replacement.
Significant Price Reductions: The property has undergone substantial price reductions from its original listing of $3.588M, which might suggest initial overpricing or extended market time, potentially impacting buyer perception of value.
Ongoing Association Fees: The property is subject to a monthly association fee of $288, which adds to the overall cost of homeownership and may be a consideration for budget-conscious buyers.

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