Sixty-eight residences on more than 10 acres at 6487 Cavalleri Road, the first new condominium development in Malibu in two decades. Pricing from $1.9 million, move-in ready, with building insurance folded into the HOA.
Privé Malibu is a newly completed 68-residence luxury coastal community at 6487 Cavalleri Road in Central Malibu, the first new condominium development in Malibu in approximately two decades. Developed by BH3 Management on more than 10 acres, the gated community offers two- and three-bedroom residences from 1,577 to 2,232 square feet, with Garden and Penthouse configurations extending total living space beyond 3,200 square feet. Pricing starts at $1.9 million, HOA fees run $3,000 to $4,000 per month with roughly half covering building insurance, and the property is complete and available for immediate occupancy.
Debbie Pisaro was among the first agents through Privé Malibu at prelaunch, and walking those corridors she found the sentence she had been looking for: Malibu does not have to be so hard. There is a version of Malibu that belongs to mythology, the sprawling estates, the gate codes, the cliffside infinity pools, and she has sold pieces of it. But it has never been the only version. Privé is the premise that you can live on the coast, in a finished, professionally managed building, without inheriting the complexity that has traditionally come with Malibu homeownership. You arrive and you live.
Privé Malibu is a newly completed 68-residence luxury coastal community at 6487 Cavalleri Road in Central Malibu, California, the first new condominium development in Malibu in two decades. Developed by BH3 Management on more than 10 acres near Zuma Beach and Point Dume, it offers two- and three-bedroom residences from 1,577 to 2,232 square feet, priced from $1.9 million to approximately $5 million. HOA fees run $3,000 to $4,000 per month, about half of which covers building insurance. As of May 2026, Christie's International Real Estate Southern California (Aaron Kirman, Tomer Fridman, Amir Ensani) leads sales. The property is move-in ready. Debbie Pisaro of Coastline 840 was among the first agents through at prelaunch and assists buyers directly.
What Privé Malibu actually is
The Coastal Commission, the entitled land shortage, the environmental review process, and the sheer geological complexity of the Malibu coastline all conspire to make new residential construction here extraordinarily rare. Sixty-eight new residences at this price point is not just uncommon. It may not happen again in a professional lifetime.
The finishes are not trying to impress you. They are trying to calm you: clean lines, natural materials, the kind of interior that recedes on purpose so that what you actually notice is the California outside the glass. That is a design philosophy, not an accident, and it is the same philosophy driving demand for branded living across the state, the case Debbie Pisaro examines in whether branded residences are worth it in Los Angeles.
The amenities: 10 acres of coastal living
Privé sits on more than 10 acres, which gives it something most Malibu properties cannot offer: room. The amenity package reflects that scale, with a fitness and biohacking studio, pickleball, basketball, and tennis courts, a yoga lawn and outdoor fitness areas, a zen garden, a dog park, a playground, gated access with security, and professional building management.
The location places residents near Zuma Beach and Point Dume, two of the most celebrated stretches of coast in Southern California, with Pepperdine University nearby and PCH connecting to the rest of the LA basin. For buyers weighing the coast more broadly, Debbie Pisaro's piece on Malibu, Montecito, and Carmel coastal buyers places Privé inside the statewide coastal picture.
The insurance advantage
This deserves its own section, because it is one of the most underappreciated parts of the Privé value proposition. Coastal California homeowners are facing an insurance crisis: individual policies in high-fire and high-surf zones have become extraordinarily expensive when they are available at all, and many Malibu homeowners are now in the FAIR Plan, the state's insurer of last resort.
At Privé, approximately half of the $3,000 to $4,000 monthly HOA covers building insurance through a commercial policy obtained by the association, typically more comprehensive and more cost-effective than anything an individual can secure alone. For buyers comparing Privé to a $2 million to $5 million single-family home in Malibu, the math deserves a real conversation. The single-family buyer inherits the insurance problem. The Privé buyer has it solved.
Sales update: Christie's International takes the lead
As of May 2026, Christie's International Real Estate Southern California holds the exclusive sales contract for Privé Malibu, with a team led by Aaron Kirman, Tomer Fridman, and Amir Ensani. Early buyer interest has come from three distinct groups: local Malibu residents downsizing from single-family estates into a managed building, international buyers seeking California coastal second homes, and families drawn to Pepperdine and the Point Dume schools.
The diversity of that buyer pool is the point. Privé is filling a genuine gap in the Malibu market: finished, move-in-ready coastal living at a price that does not require $10 million or a two-year construction timeline. Debbie Pisaro, who was among the first agents through the property at prelaunch, represents buyers here independently of the listing team.
Compare the full cost of ownership, not just the purchase price. A Malibu single-family home at the same number carries insurance uncertainty, maintenance, landscaping, and management. Privé's HOA bundles all of it, including building insurance, into one monthly figure, and Debbie Pisaro runs that comparison line by line with buyers.
How Privé Malibu compares
Privé vs. Aman Beverly Hills and One Beverly Hills
Aman Beverly Hills starts above $20 million and delivers in late 2027 within the $10 billion One Beverly Hills campus. Privé starts at $1.9 million and is move-in ready today. Aman is the apex of urban branded living; Privé is the coastal alternative for buyers who want the lock-and-leave model without the Beverly Hills price tag or construction timeline.
Privé vs. 8899 Beverly
8899 Beverly offers Olson Kundig architecture in the WeHo Design District from about $5 million, with a penthouse that set the 2026 LA County condo record at $23 million. Both buildings are completed and move-in ready, but they serve different lives: 8899 is urban, architect-branded, and design-world adjacent. Privé is coastal and nature-forward, ocean and mountains rather than galleries and restaurants.
Privé vs. the Beverly Hills and Sunset Strip options
The Mandarin Oriental Residences Beverly Hills offer hotel-branded urban living, the Rosewood Residences Beverly Hills offer 17-unit intimacy from $10 million, and the Sun Rose Residences, the former Pendry, relaunched their final dozen Sunset Strip homes in February 2026 from $4.3 million. Privé trades all of that urban energy for ocean air and 10 acres of outdoor space. The full category sits side by side in Debbie Pisaro's Branded Residences Collection.
What buyers should know
Supply is structurally constrained. The Coastal Commission, the entitled land shortage, and the difficulty of building anything in Malibu are not temporary conditions, which is what makes 68 finished residences at this price point so unusual. The lock-and-leave model solves real problems for buyers splitting time between cities, for empty nesters trading a high-maintenance estate for a managed home, the shift covered in Debbie Pisaro's piece on Los Angeles empty nesters and branded residences, and for anyone buying a second home in California who wants a coastal address without the landlord equation. Statewide, the same branded model now stretches inland to Disney's Cotino in Rancho Mirage, the desert counterpart to Privé's coast.
And ownership here has a long game. As the community trades over time, every sale becomes a resale in a managed, brand-style building, a different discipline from listing a standard condo; Debbie Pisaro's guide to how to resell a branded residence in California explains why the marketing of an individual home in a building like this is its own craft.
Frequently asked questions
What is Privé Malibu?
Privé Malibu is a newly completed luxury residential community at 6487 Cavalleri Road in Central Malibu, developed by BH3 Management. It offers 68 private residences with two- and three-bedroom floor plans, private terraces, and a lock-and-leave ownership model on more than 10 acres. It is the first new condominium development in Malibu in approximately two decades.
How much do Privé Malibu residences cost?
Residences are priced from approximately $1.9 million to $5 million, varying by floor plan, level, and view orientation, making Privé one of the most accessible entry points into Malibu new construction.
What are the HOA fees at Privé Malibu?
HOA fees run $3,000 to $4,000 per month, approximately half of which covers building insurance, a significant advantage in coastal California where individual homeowners increasingly struggle to secure affordable coverage.
How big are the residences at Privé Malibu?
Interior square footage ranges from 1,577 to 2,232 square feet. Garden-level residences include terraces up to 1,174 square feet, bringing total living space over 3,200 square feet, and select Penthouse residences add private lofts.
What floor plans are available at Privé Malibu?
Two- and three-bedroom configurations across multiple floor plans, Residences A through G, in standard, Garden, and Penthouse variations. Debbie Pisaro can share current floor plan availability.
Is Privé Malibu a branded residence?
Privé operates on the same ownership model as California branded residences: turnkey finishes, professional building management, and permanently constrained supply. It is an independent development by BH3 Management rather than a hotel-affiliated brand, but the lock-and-leave experience is comparable.
Who is handling sales at Privé Malibu?
As of May 2026, Christie's International Real Estate Southern California leads sales, headed by Aaron Kirman, Tomer Fridman, and Amir Ensani. Debbie Pisaro of Coastline 840 was among the first agents through the property at prelaunch and represents buyers independently.
Is Privé Malibu a good investment?
Malibu new construction at this price point is structurally rare, and the Coastal Commission makes additional supply unlikely. Permanent scarcity, lifestyle demand, finished inventory, and HOA-included building insurance make it a defensible long-term hold, though individual outcomes always depend on timing and market conditions.
How does Privé Malibu compare to branded residences in Beverly Hills?
Privé offers a coastal alternative at a lower price point than Aman (from $20M), Rosewood (17 estates from $10M), the Mandarin Oriental, and 8899 Beverly (from about $5M). The key distinction is location: oceanside Malibu on 10 acres versus urban Beverly Hills and West Hollywood, and Privé is one of the few completed, move-in-ready options on the coast.
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