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Malibu · Homes for Sale

Malibu Luxury Homes Over $5 Million


Malibu stretches along Pacific Coast Highway, and most homes above $5 million here are on the sand, on a bluff or on acreage with an ocean view.

Where to Look in Malibu

Carbon Beach and Broad Beach are known for beachfront homes, and Malibu Colony is a gated beach enclave near the Civic Center. Point Dume offers bluff-top and canyon lots on wide streets, while Malibu Road lines a stretch of beach below the bluffs. Serra Retreat is a gated hillside neighborhood near the Civic Center, and Malibu Park and the canyons to the west hold larger lots.

Rebuilding and Land

Many western Malibu lots were rebuilt after the 2018 Woolsey Fire, and parts of the east end were hit by the January 2025 Palisades Fire. That means you may see new homes, homes under construction and vacant lots with plans at similar prices. Ask what permits are in place and what remains to be done. Access matters too. A home on Pacific Coast Highway trades privacy for easy access to the beach, while a canyon or bluff lot may sit at the end of a long private road. Ask who maintains the road and whether there are shared costs with neighbors, and check how the property is reached during road closures.

Septic, Coastal and Insurance Checks

Most of Malibu relies on onsite septic systems rather than city sewer, so request system records and inspections. Coastal Commission rules can affect rebuilds, seawalls and additions. Insurance for fire and for beachfront homes can be costly or limited, so get quotes early and verify everything during escrow.

Buying Power at This Level

Many Malibu buyers pay cash or use jumbo and portfolio loans, and lenders may ask about insurance before they approve. This is general information only, not lending advice.

Ready to Look in Malibu?

Call (949) 822-8702 to set up your Malibu search with Jay. Planning to sell as well? Request your free home value.

Other Price Ranges Nearby

For every price range, visit our Malibu homes for sale page. Related searches: Santa Monica homes over $2 million, Los Angeles homes over $2 million, Beverly Hills homes over $5 million.

Jay Romero, Broker, DRE 01343079 | Miamar Realty | Call (949) 822-8702

Miamar Realty | Corporate DRE #02192235 | 14241 Firestone Blvd #400, La Mirada, CA 90638 | Equal Housing Opportunity.

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