
31851 Sea Level Drive, 2, Malibu, CA 90265
31851 Sea Level Drive, 2, Malibu, CA 90265
Property Description
New Co-Ownership Opportunity: Own one-eighth of this professionally managed, turnkey home. Allure sits on gated West Sea Level Drive, one of Malibu's most coveted coastal addresses. The modern exterior features rich wood tones, a gated entry and generous windows that keep the Pacific front and center. Inside, vaulted wooden ceilings and dark hardwood floors run continuously through the main level, giving Allure a warm, grounded quality that feels entirely at home on this stretch of coast.The living room centers on a gas fireplace, with sliding glass pocket doors that open the full south wall to the coast. The kitchen has high-end appliances, a large island with breakfast bar seating and direct access to a private grilling deck. The primary bedroom has its own fireplace, a spacious dressing room with built-in storage and doors that open to a private enclosed garden. The en suite bath includes a dual-sink vanity and steam shower. Downstairs, a projection screen home theater sits alongside two guest suites with private baths and a flexible office space.The infinity pool, wooden deck, hot tub and fire pit lounge give Allure a natural outdoor sequence that flows toward the water. The beach is just steps beyond the gate, and Malibu's restaurants, coastline trails and open-air markets are all within easy reach.Allure is professionally designed, appointed and managed by Pacaso. Owners arrive to find everything ready at every visit, with nothing left to arrange.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Malibu ·
Listed 72.9% below the median closed sale of $3,500,000. Price per sqft ($327) is a 79% discount to closed comps ($1,561). Closed comps sold at 95% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 154 days on market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 2050 Corral Canyon Road | Malibu | 1980 | 4 | 4 | 2,500 | 7,194 | $860 | $2.15M | 54 | 79 |
| 11770 Pacific Coast Highway | Malibu | 1973 | 4 | 4 | 2,233 | 7,405 | $1,411 | $3.15M | 16 | 78 |
| 23505 Malibu Colony Road | Malibu | 1963 | 4 | 4 | 2,473 | 7,334 | $5,053 | $12.49M | 39 | 78 |
| 3748 Seahorn Drive | Malibu | 1962 | 4 | 3 | 2,400 | 7,853 | $1,540 | $3.69M | 32 | 78 |
| 24604 Malibu Road | Malibu | 1954 | 3 | 4 | 2,351 | 7,124 | $4,251 | $9.99M | 65 | 77 |
| Total: 5 · Average | 3.8 | 3.8 | 2,391.4 | 7,382 | $2,623 | $6.30M | 41.2 | |||
| Median | 2,400 | $3.69M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31819 Cottontail Lane Lane | Malibu | 1972 | 09/22/2026 | 4 | 4 | 2,744 | 7,377 | $3.69M | $3.50M | $1,276 | 0.95 | 124 | 83 |
| 20207 Piedra Chica Road | Malibu | 1965 | 06/18/2026 | 4 | 4 | 2,846 | 11,066 | $3.10M | $3.00M | $1,054 | 0.97 | 99 | 74 |
| 30604 Sicomoro Drive | Malibu | — | 09/02/2026 | 4 | 4 | 3,080 | 10,845 | $3.15M | $2.92M | $949 | 0.93 | 267 | 73 |
| 24728 Vantage Point Terrace | Malibu | 1978 | 07/31/2026 | 3 | 3 | 2,339 | 12,511 | $3.75M | $3.52M | $1,507 | 0.94 | 149 | 69 |
| 26508 Latigo Shore Drive | Malibu | 1990 | 05/26/2026 | 3 | 4 | 2,817 | 27,938 | $8.95M | $8.50M | $3,017 | 0.95 | 129 | 68 |
| Total: 5 · Average | 3.6 | 3.8 | 2,765.2 | 13,947.4 | $4.29M | $4.29M | $1,560.6 | — | 153.6 | ||||
| Median | 2,817 | $3.50M | $3.50M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.