Pontoons
Malibu Wakesetter 23 LSV
Malibu 23 LSV new and used boats are a top pick for water enthusiasts who value high performance, modern technology, and luxury comfort. OnlyInBoards connects you to listings that offer versatile layouts, bold design, and reliable power for surfing, wakeboarding, or relaxing. This boat is perfect for anyone who loves wakeboarding, wakesurfing, and spending time on the water with friends and family.
The Malibu Wakesetter 23 LSV is arguably the gold standard in the world of wakeboard and surf boats. With a rich history spanning over two decades, the 23 LSV is Malibu’s flagship model for a reason. As an inboard boat expert with 30+ years of experience, I can confidently say this boat consistently leads the pack in performance, versatility, and resale value.
History & Evolution of the 23 LSV
Introduction & Early Years (1999–2004)
The LSV name stands for Luxury Sport V-drive, first introduced in the late '90s.
The original 23 LSV was positioned as a larger, family-friendly inboard V-drive boat with wake capabilities.
At 23 feet in length, it balanced usable interior space with impressive on-water performance.
The early versions had modest ballast systems and were wakeboard-focused, utilizing Malibu's manual Wedge for wake enhancement.
2005–2011: Rise to Dominance
Around 2005, Malibu introduced a refined hull for the 23 LSV, enhancing both wake size and ride quality.
Key upgrades during this era:
Malibu Launch System (MLS) for factory ballast
The Power Wedge for variable wake shaping
Improved interior layouts and G3 towers
The 23 LSV became a wakeboarding competition favorite and earned praise for its predictable, clean wake with a firm lip.
2012–2014: Surfing Becomes a Factor
With the rise of wakesurfing, Malibu began implementing Surf Gate technology in the LSV.
Models from these years offer hybrid performance — great wakes and a decent surf wave.
Digital enhancements like Maliview touchscreen, cruise control, and stereo upgrades became standard.
The 23 LSV remained Malibu’s top-selling model.
2015–2019: New Hull, All-Around Greatness
A major redesign in 2015 introduced a new Wake Plus Hull, optimized for both wakeboarding and wakesurfing.
Key features:
Quad Hard Tank Ballast System + optional Plug-N-Play
Surf Gate with Surf Band remote
Power Wedge II, adding up to 1,500 lbs of virtual ballast
Integrated G4 tower, improved seating ergonomics, and deeper freeboard
These model years offer some of the best wakesurfing waves in the 23’ class.
2020–Present: Tech & Luxury Refined
In 2021, Malibu introduced the Monsoon M5Di and M6Di engines, offering better torque, fuel economy, and quieter operation.
Current models include:
Command Center with Wireless Charging
Power Helm Seat
Fast-Fill Ballast Pumps
Updated tower systems (G5, G10+)
The wakeboard and surf performance is class-leading, and the 23 LSV is still Malibu’s best-seller.
Specs Snapshot (2023–2024 Model)
| Spec | Value |
|---|---|
| Length | 23’0” |
| Beam | 102” |
| Dry Weight | 5,200–5,400 lbs |
| Fuel Capacity | 65 gallons |
| Seating | 15 persons |
| Ballast Capacity | Up to 4,500+ lbs (hard + optional plug-n-play) |
| Engines | Malibu Monsoon M5Di, M6Di, LT4 (supercharged) |
| Hull | Wake Plus Hull |
Performance Breakdown
Wakesurfing
The 23 LSV is renowned for its long, tall, and clean surf waves with a powerful push and defined pocket.
Surf Gate allows for instant side-to-side switching.
Wedge tuning and ballast customization make it possible to dial in waves for any skill level.
Wakeboarding
At 22–24 mph, the wake is crisp, rampy, and scalable with the Wedge and ballast.
The wake can be mellow for beginners or loaded and shaped aggressively for advanced riders.
Excellent pop and clean transitions define its wakeboard performance.
Handling & Ride Quality
Even loaded down, the 23 LSV handles exceptionally well due to its deep-V entry and hull shape.
The boat offers a smooth, dry ride even in choppier water conditions.
Great tracking and maneuverability for a 23-footer.
Interior & Tech Features
Command Center with touchscreen and rotary dial control
WakeView seating and convertible rear bench
Clamping board racks, upgraded Wet Sounds audio
RGB lighting, flip-down swim step, and bimini with board storage
Expert Buying Guide by Year
2006–2010: Strong wakeboarding hull, good value used. Surf performance limited without Surf Gate retrofits.
2012–2014: Early Surf Gate models. Budget-friendly, good crossover boats.
2015–2018: The "sweet spot" for modern surf/wake performance at a used price. Watch for Power Wedge II and Surf Gate configs.
2019–2020: Refinement of surf capabilities. Great interiors. Still competitive.
2021–2024: Malibu's best version yet – top tech, luxury, and unmatched wave/wake control.
Why It’s the Best-Selling Malibu Ever
The Malibu 23 LSV is often copied but never duplicated. It is the benchmark used by the industry to compare surf and wake boats. Its longevity, adaptability, and consistent innovation have made it a legend in both pro-level riding and family recreation.
Whether you're surfing, wakeboarding, or just cruising with the family, the 23 LSV offers premium performance and a luxurious experience that very few boats can rival.