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Perched above the water within the coveted Malibou Lake Mountain Club, this private lakeside retreat captures sweeping panoramic views, exceptional privacy and a true sense of escape—just minutes from Malibu, Calabasas, Westlake Village and the Westside. Tucked among mature trees and overlooking the lake, this 4-bedroom, 3.5-bath residence spans nearly 3,000 square feet and presents a rare opportunity to create something truly special. The home has wonderful bones, character and an extraordinary setting, but is ready for some TLC, fresh imagination and a personal touch to bring it to its full potential. For the right buyer, this is an opportunity to transform an already unique property into a magical lake home tailored entirely to their own vision. The main living areas were designed to embrace the setting, highlighted by a glass-wrapped great room offering beautiful lake and mountain views from multiple vantage points. Original stonework and a dramatic stone fireplace bring warmth, texture and character, while the industrial-inspired kitchen features expansive counter space, a Wolf range and an open layout with tremendous potential for entertaining. The primary suite enjoys its own connection to the surrounding landscape, while additional bedrooms provide flexibility for family, guests, office space or a weekend retreat. Outside, terraced gardens, mature landscaping and multiple areas for relaxing and entertaining cascade toward the lake, offering endless possibilities to reimagine the outdoor spaces. There may also be potential for expansion or an ADU, subject to applicable approvals. Best of all, the property includes coveted Malibou Lake rights, a private dock and an ElectraCraft electric boat—creating a lifestyle centered around boating, entertaining, relaxation and life on the water. This isn't a perfectly polished, move-in-ready house—and that's precisely the opportunity. Bring your architect, designer and imagination. With thoughtful updating and the right vision, this property has all the ingredients to become an extraordinary and truly magical home on Malibou Lake. The setting is already here. The views are already here. The lake is already here. Now it's ready for someone to make the home their own.
Listing agent: Frank Trejo DRE #01195209 franktrejo1@gmail.com, Listing office: Rodeo Realty
MLS data updated 10/16/2026, 8:06:33 PM PT
Source: CRMLS, MLS #: SR26194485
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 4, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,997,000Original asking price · Sep 4, 2026ZIP 91301 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.