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3447 Shoreheights Drive, Malibu, California 90265, Malibu, 90265 - 3 bed, 4 bath

3447 Shoreheights Drive, Malibu, California 90265 home-pic-0
ACTIVE$2,700,000
3447 Shoreheights Drive, Malibu, California 90265
3Beds
4Baths
2,378Sqft
14,175Lot
Year Built
1970
Close
-
List price
$2.7M
Original List price
$2.7M
Price/Sqft
$1,135
HOA
$125
Days on market
-
Sold On
-
MLS number
25537254
Home ConditionPoor
Features
Excellent View: Catalina, Coastline, Ocean, Panoramic
Deck
ViewCatalina, Coastline, Ocean, Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $2.70M(24th), sqft - 2378(40th), beds - 3(38th), baths - 4(50th).

Short Sale: This is an incredible ocean view opportunity with existing home for either an owner user or seasoned investor! 3447 Shoreheights Drive is located at the top of Sunset Mesa and offers incredible panoramic ocean views from Palos Verdes to Catalina, the Queens Necklace and beyond. This home was fully remodeled by the past owner, completed without permits, and it currently lacks a Certificate of Occupancy (note: property has been red-tagged and will require corrective measures before a C of O can be issued). Upon entering, the main level is compromised of an open concept living, dining and kitchen area taking full advantage of the sweeping ocean and canyon views. Upstairs, enjoy spacious bedrooms all complete with ensuite bathrooms plus a separate office/den space. Cash buyers or hard money loans only. For further details, please contact LA1 and LA2.

Nearby schools

9/10
Webster Elementary School
Public,•K-5•7.3mi
8/10
Malibu High School
Public,•6-12•14.7mi

Price History

Date
Event
Price
05/12/25
Listing
$2,700,000
11/08/21
Sold
$3,600,000
12/02/16
Sold
$162,000
09/24/13
Sold
$1,100,000
Condition Rating
Poor
While the property appears aesthetically updated with modern kitchen, bathrooms, and flooring, the MLS description explicitly states it has been 'red-tagged' and lacks a Certificate of Occupancy due to unpermitted work. This means the property is currently deemed unsafe or uninhabitable and requires substantial corrective measures and rehabilitation to meet code and become legally occupiable. This critical legal and safety issue overrides the cosmetic updates, placing it in the 'Poor' condition category as it requires significant repairs to be livable and compliant.
Pros & Cons

Pros

Panoramic Ocean Views: The property offers breathtaking panoramic ocean views from Palos Verdes to Catalina, the Queens Necklace, and beyond, a significant value driver for this Malibu location.
Prime Malibu Location: Situated at the top of Sunset Mesa in Malibu, this address provides an exclusive and highly desirable setting within a world-renowned coastal community.
Open Concept Living: The main level features an open-concept living, dining, and kitchen area, strategically designed to maximize the sweeping ocean and canyon views.
Ensuite Bathrooms & Versatile Space: Spacious bedrooms all include ensuite bathrooms, enhancing comfort and privacy, complemented by a separate office/den space.
Modernized Interior Potential: Despite permitting issues, the prior remodel suggests a modernized interior layout and finishes, offering a strong foundation for a buyer willing to address the compliance challenges.

Cons

Major Permitting & Red-Tag Issues: The property was remodeled without permits, lacks a Certificate of Occupancy, and is red-tagged, necessitating extensive corrective measures and significant financial investment to bring it to code.
Limited Buyer Pool & Financing: The requirement for cash or hard money loans only severely restricts the market, as conventional financing is unavailable due to the property's non-compliant and red-tagged status.
Complex Short Sale Transaction: As a short sale, the transaction itself can be more complex and protracted, requiring patience and expertise from the buyer, in addition to the property's inherent structural and legal issues.

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