6245 Murphy Way, Malibu, CA 90265

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Lot/Land: $1,750,000

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Description
City of Malibu Building Permits pulled and construction begun on this fabulous whitewater ocean view 2 acre Winding Way Estate property. Magnificent one story 6,000 sq ft 5 bedroom Mediterranean Villa plus a separate 700 sq ft guest house and 3 car garage. Pool over 700 ft of covered patio. Infinity pool, fire pit and outdoor gourmet kitchen. Wonderful opportunity for a buyer to participate in construction and choose colors, finishes and appliances. Completed build out for $4,995,000.  MoreLess
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    • MLS #12-589707
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Neighborhood for 6245 Murphy Way

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Among 90265 homes, this home is 22.1% less expensive than the midpoint (median) home, and is priced 97.8% less per square foot. Foreclosures will be a factor impacting home values in the next several years. In the 90265 market, the number of foreclosures waiting to be sold shrank 24.1% in the last year. The number of unsold foreclosures is 35.7% less than in Malibu, and 25% less than the national average. This lower local number could help 90265 home values rise more quickly than other regions in Malibu.

Learn more about forecast calculations or 90265 home values.
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