21766 Azurelee Drive, Malibu, California 90265, Malibu, 90265 - 5 bed, 5 bath

21766 Azurelee Drive, Malibu, California 90265 home-pic-0
ACTIVE$4,750,000
21766 Azurelee Drive, Malibu, California 90265
5Beds
5Baths
4,300Sqft
61,808Lot
Year Built
2008
Close
-
List price
$4.75M
Original List price
$6M
Price/Sqft
$1,105
HOA
-
Days on market
-
Sold On
-
MLS number
25541063
Home ConditionExcellent
Features
Excellent View: Ocean, Panoramic
Deck
ViewOcean, Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $4.75M(53th), sqft - 4300(74th), beds - 5(78th), baths - 5(64th).

Stunning modern masterpiece designed by award-winning architect Steve Kent, AIA. A true architectural gem, crafted with impeccable quality and extraordinary attention to detail. Walls of custom glass seamlessly open to expansive wraparound decks, revealing jaw-dropping, 180-degree panoramic whitewater views from Santa Monica and Catalina Island to the Malibu Pier to Point Dume and beyond. The main house features 4 bedrooms, 4 bathrooms, a private office, and a state-of-the-art media room. A separate 1-bedroom, 1-bathroom guest house with its own private entrance offers ultimate flexibility perfect for guests, a home office, or a recording studio.The sleek Boffi kitchen is outfitted with top-of-the-line Miele appliances including a cooktop, ovens, and built-in espresso machine, complemented by twin Sub-Zero refrigerator/freezers and a built-in Sub-Zero wine cooler. Modern conveniences include fiber-optic internet, a central vacuum system, and a fully integrated sound system throughout the home and outdoor spaces. The setting is exceptionally private, surrounded by natural beauty, yet just three minutes from PCH. Included are two additional parcels: one adjacent lot for additional privacy, and a third lot that grants coveted membership to the exclusive La Costa Beach and Tennis Club. The home also includes membership to the private, guard-gated section of Rambla Pacifico. An extraordinary opportunity to own a one-of-a-kind coastal retreat blending modern luxury, privacy, and panoramic views. Includes the following APN #'s: 4453-011-005 | 44453-010-005 | 4451-022-032. Can be sold furnished and turnkey.

Price History

Date
Event
Price
11/05/25
Price Change
$4,750,000-10.3%
11/04/25
Price Change
$5,295,000-1.9%
10/20/25
Price Change
$5,395,000-1.8%
10/04/25
Price Change
$5,495,000-4.4%
08/26/25
Price Change
$5,750,000
06/26/25
Listing
$5,995,000
05/07/21
Sold
$5,175,000
10/04/12
Sold
$3,050,000
08/28/08
Sold
$3,525,000
03/15/04
Sold
$423,500
Condition Rating
Excellent

Built in 2008, this property, described as a 'modern masterpiece' by an award-winning architect, presents in virtually new condition. The kitchen features top-of-the-line Boffi cabinetry and Miele/Sub-Zero appliances, meeting current luxury standards. Bathrooms are impeccably modern with high-end finishes, floating vanities, and glass-enclosed mosaic showers. Flooring is a mix of contemporary hardwood and large-format tiles, all in pristine condition. The overall design, quality of materials, and apparent meticulous maintenance, along with integrated smart home features, indicate minimal physical depreciation and a property that meets or exceeds current quality standards, justifying an 'Excellent' rating.
Pros & Cons

Pros

Panoramic Whitewater Views: The property boasts jaw-dropping, 180-degree panoramic whitewater views extending from Santa Monica and Catalina Island to the Malibu Pier and Point Dume, significantly enhancing its desirability and value.
Award-Winning Architectural Design: Designed by award-winning architect Steve Kent, AIA, this modern masterpiece is a true architectural gem, showcasing impeccable quality and extraordinary attention to detail.
Exclusive Amenities & Privacy: The property offers exceptional privacy, includes two additional parcels (one for privacy, one for La Costa Beach and Tennis Club membership), and grants membership to the private, guard-gated section of Rambla Pacifico.
High-End Kitchen & Smart Home Features: Features a sleek Boffi kitchen with top-of-the-line Miele appliances, Sub-Zero refrigeration, and modern conveniences like fiber-optic internet, a central vacuum system, and an integrated sound system.
Flexible Guest Accommodations: A separate 1-bedroom, 1-bathroom guest house with its own private entrance provides ultimate flexibility, ideal for guests, a home office, or a recording studio.

Cons

Significant Price Reductions: The property has undergone multiple price reductions, dropping from an original list price of $5.995M to $4.75M, which may indicate market resistance or an initial overvaluation.
Lack of Explicit Cooling System: The description does not explicitly mention a central air conditioning system, which could be a consideration for comfort during warmer periods, especially given the extensive glass walls.
Potential for High Maintenance Costs: A large, architecturally complex modern home with extensive glass and wraparound decks, situated in a coastal environment, may incur higher-than-average maintenance and upkeep expenses.

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