Custom 2-Acre Retreat in Rainbow Lakes. Discover the rare blend of space, privacy, and single-level living in this custom 5,288 sq ft, 4-bedroom, 3-bath home set on 2 beautifully landscaped acres in the coveted Rainbow Lakes neighborhood. With generous separation between homes and sweeping mountain views, this property delivers the Colorado lifestyle people move here for. Inside, the heart of the home centers around a spacious kitchen featuring granite counters, an eat-in peninsula, pot filler at the gas stove, and seamless flow into the living spaces that have cathedral ceilings. An adjacent dedicated dining room doubles perfectly as a flex office for those wanting versatility without sacrificing style. All bedrooms and main living areas sit on one level, creating an easy, open layout ideal for everyday comfort. The unfinished basement offers a massive opportunity to expand-whether you envision a gym, theater, guest suite, or hobby space and features a secure concrete walled room under the patio for an ideal root cellar. Car enthusiasts, hobbyists, and gear-heavy adventurers will love the oversized 3-car garage, offering room for trucks, tools, toys, and storage without compromise. Outside, the property shines with full professional landscaping, mature trees, and wide-open space to breathe. Whether you're entertaining, gardening, or simply taking in the views, this acreage delivers a sense of freedom that's increasingly hard to find. 4251 Malibu Dr. is more than a home-it's a lifestyle on land, with room to grow, create, and enjoy Colorado living at its best.
Lot FeaturesCorner Lot, Evergreen Trees, Deciduous Trees, Level, Abuts Public Open Space
Garage spaces3
ViewMountain(s), Hills
CITYBerthoud
SUBDIVISIONRainbow Lake Estates
COUNTYLarimer
AREALoveland/Berthoud
STATECO
HOA1
TAX AMOUNT6487.0
HOA FEE125.0
HOA FREQUENCYQuarterly
LATEST UPDATE2026-03-30T17:24:08.586Z
DAYS ON MARKET8
PRICE CHANGE(S)
$1,225,000 Mar 21, 2026
Market Trends
New Properties On Market
72
31%
Increase In New Listings
Average Asking Price
$1,011,028
$186,640 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$329
$30 Increase In List Price/Sq. Ft.
Average Days On Market
11
21 Day
Decrease In Days On Market
Data as of Apr 07, 2026.
Remaining statistics above are calculated on activity within the period from Feb 01, 2026 to Mar 31, 2026.
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