
Malibu, California 90265
Analysis of 23018 Pacific Coast Highway, Malibu, California 90265 is currently available with a list price of $18,500,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Malibu Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Despite its 1955 build date, this property has been extensively renovated with high-end finishes and modern technology. The gourmet kitchen features premium Sub-Zero and Thermador appliances, while the primary suite includes a spa-like bathroom with heated floors and a steam shower. The home is equipped with contemporary upgrades such as a whole-house generator, EV charger, and Sonos system, all maintained in pristine, move-in-ready condition.
The property boasts a rare 74 feet of direct frontage on the iconic Surfrider Beach, offering unparalleled panoramic views of the Malibu Pier, Catalina Island, and the 'Queen's Necklace' coastline.
The availability of an adjacent 40-foot parcel provides a unique opportunity to create a massive 114-foot oceanfront compound, significantly increasing the asset's long-term prestige and value.
Despite its classic origins, the home is equipped with high-end amenities including a whole-house generator, EV charger, Sonos system, and a gourmet kitchen featuring Sub-Zero and Thermador appliances.
The property is noted to have only partial seawall protection, which may pose long-term maintenance challenges or insurance complexities given its direct exposure to the Pacific Ocean.
Originally built in 1955, the underlying structure may require more frequent upkeep and specialized maintenance compared to modern beachfront constructions to mitigate the effects of the marine environment.
Introducing a rare double-lot beachfront sanctuary with 74 ft of ocean frontage on Malibu's coveted Surfrider Beach. The owner is offering the adjacent 40-foot oceanfront parcel for sale separately, creating a rare trophy oceanfront compound with approximately 114 feet of direct frontage on the legendary Surfrider Beach overlooking the iconic Malibu Pier. Pricing for the parcel available upon request. This single-story coastal retreat blends sweeping panoramic ocean views with architectural elegance. A gated arrival opens to a motor court with ample parking and a private garage. The expansive living/dining pavilion features vaulted ceilings, hardwood floors, a fireplace, and three oversized ocean-facing windows framing the Malibu Pier vistas. Glass doors lead to a wraparound porcelain-tiled oceanfront deck perched above the sand, creating a seamless indoor - outdoor setting ideal for entertaining against the backdrop of Surfrider beach. The gourmet kitchen includes a granite island, skylights, Sub-Zero and Thermador appliances, plus captivating ocean views. The luxurious primary suite offers exceptional privacy with a marble gas fireplace, sliding doors that open to the deck, showcasing the Pier panorama, an oversized walk-in custom closet, and spa-like bath featuring steam shower, soaking tub, and heated floors. Three additional bedrooms (two ensuite) provide stylish accommodations with sunset deck access. Modern upgrades include a whole-house generator, EV charger, Sonos system, and porcelain flooring in the primary suite and deck. With a proven rental history, partial seawall protection, and a prime location in the heart of Malibu near Nobu, Soho House, Malibu Farm and the Malibu Country Mart, this refined oceanfront estate delivers rare scale, prestige, and unforgettable views of the Pier, Catalina and the Queens necklace.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,923 | 2,752 | 53% |
| Lot Size | 5,037 | 18,559.5 | 6% |
| Price | $18.50M | $3.77M | 98% |
| Price per sq ft | $6.3K | $1.3K | 97% |
| Built year | 1955 | 1979 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 226 | 2% |
Mar 23, 2026
$18,500,000
Initial Listing