Second homes for sale in Malibu

Malibu’s roughly 21 miles of Pacific coastline, framed by the Santa Monica Mountains, leave very little buildable land, so supply stays limited even as demand from Los Angeles remains steady. The market offers a true beach escape within driving distance of the city. Pacaso’s fractional ownership model fits owners who want that setting without the cost and upkeep of a full-time second home.

Malibu Pacaso homes sit along Pacific Coast Highway and in pockets like Sea Level Drive and Sea Vista Drive, where ocean views shape the market. Shares start at 1/8 ownership, with the option to purchase additional shares up to 1/2 for more coastal time. The price covers the home, its design upgrades, furnishings, and closing costs, while ongoing care by a local Asset Manager is shared among owners as a monthly operating cost.

Western Malibu, around Point Dume and Zuma Beach, is quieter and more residential, with wide sandy beaches and a relaxed, family-friendly feel. Central Malibu around the pier and Malibu Colony offers more dining, shopping, and surf breaks, while the canyons add privacy and views. Pacaso’s Malibu homes are oriented to the coast, so the choice comes down to how much quiet versus activity you want.

Malibu’s clearest beach weather often arrives in September and October, and a 1/8 share of a Malibu Pacaso comes with six advance stays and unlimited short-notice stays booked through SmartStay™, with up to 42 nights per share owned and peak dates shared across owners. Larger shares add more time, and about 90% of Pacaso homes are Swap-eligible, including Hawaiian Islands and Santa Barbara & Montecito, which are available to Malibu owners too.

Each share of a Malibu Pacaso comes with up to 42 nights, versus paying $1,500 to $4,000 a night for a comparable oceanfront rental during summer peak every time you visit. Fractional ownership shares an oceanfront home across up to eight owners, while buying outright in Malibu means a full coastal home you’ll likely use only a few weeks a year.

September and October are often Malibu’s best months, with warm, clear days, warm water, and fewer crowds than summer. Late spring can bring marine-layer mornings, while summer is busy with beach traffic on Pacific Coast Highway. Winter storms bring dramatic surf and green hills, and clear winter days are among the most scenic of the year.

Los Angeles International (LAX) is about 25 to 30 miles from Malibu, typically 45 to 90 minutes by car depending on traffic on the 405 and Pacific Coast Highway. Burbank (BUR) is another option, around 30 miles and 45 to 75 minutes away. Private flyers often use Van Nuys (VNY).

Beach days lead the list, from surfing at Surfrider Beach to the wide sand of Zuma and the coves of Point Dume. Hiking in the Santa Monica Mountains, the nearby Getty Villa, and dinners along Pacific Coast Highway fill out a stay. Pacaso’s guide to the best Malibu hikes covers trails, waterfalls, and ocean views.