23018 Pacific Coast Highway, Malibu, California 90265, Malibu, 90265 - 4 bed, 4 bath

23018 Pacific Coast Highway, Malibu, California 90265 home-pic-0
ACTIVE$18,500,000
23018 Pacific Coast Highway, Malibu, California 90265
4Beds
4Baths
Sqft
5,037Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Unrivaled Beachfront Location & Views: Offers a rare double-lot beachfront sanctuary with 74 feet of ocean frontage on Surfrider Beach, providing sweeping panoramic views including the iconic Malibu Pier.
Top Cons:
Age of Original Construction: Built in 1955, the property's original structure is older, which may lead to higher maintenance considerations or potential for unforeseen issues despite recent upgrades.

Compared to the nearby listings

Price:$18.50M vs avg $4.44M (+$14,062,500)90%
Size: sqft vs avg 2,715.5 sqft7%
Price/sqft:$0 vs avg $1.3K7%

More Insights

Built in 1955 (70 years old).
Condition: Despite being built in 1955, this property has undergone an extensive, high-end, and recent renovation. The gourmet kitchen features top-tier Sub-Zero and Thermador appliances, granite countertops, and modern cabinetry. Bathrooms are spa-like with modern fixtures, steam shower, soaking tub, and heated floors. Hardwood and porcelain flooring are pristine, and modern upgrades like a whole-house generator, EV charger, and Sonos system indicate a comprehensive update to current luxury standards. All components appear new or virtually new, with no visible deferred maintenance.
Year Built
1955
Close
-
List price
$18.5M
Original List price
$18.5M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
25598161
Home ConditionExcellent
Features
Excellent View: City Lights, Ocean, Panoramic, Pier
Deck
ViewCity Lights,Ocean,Panoramic,Pier

About this home

Introducing a rare double-lot beachfront sanctuary with 74 of ocean frontage on Malibu's coveted Surfrider Beach. This single-story coastal retreat blends sweeping ocean views with architectural grace. A gated arrival reveals a motor court with parking for multiple vehicles and a private garage.Inside, the expansive living and dining pavilion features vaulted ceilings, hardwood floors, a fireplace, and three oversized ocean-facing windows framing panoramic vistas including the iconic Malibu Pier. This space flows seamlessly onto a wraparound porcelain-tiled oceanfront deck, perfect for indoor-outdoor entertaining.The gourmet kitchen offers a granite island, skylights, Sub-Zero and Thermador appliances, and captivating ocean views.The primary suite delivers ultimate privacy and luxury with a marble fireplace, glass sliders opening directly to the deck with Malibu Pier panorama, an oversized custom closet, and a spa-like bathroom with steam shower, soaking tub and heated floors. Three additional bedrooms, two ensuite with sunset deck access, provide stylish accommodations for family and guests.Modern upgrades include a whole-house generator, EV charger, Sonos system, and porcelain flooring throughout the primary suite and deck. With proven rental history, (partial seawall protection), and a premier location near Nobu, Soho House, and Malibu Country Mart, this refined oceanfront estate offers rare scale, prestige, and iconic Malibu Pier views.

Condition Rating
Excellent

Despite being built in 1955, this property has undergone an extensive, high-end, and recent renovation. The gourmet kitchen features top-tier Sub-Zero and Thermador appliances, granite countertops, and modern cabinetry. Bathrooms are spa-like with modern fixtures, steam shower, soaking tub, and heated floors. Hardwood and porcelain flooring are pristine, and modern upgrades like a whole-house generator, EV charger, and Sonos system indicate a comprehensive update to current luxury standards. All components appear new or virtually new, with no visible deferred maintenance.
Pros & Cons

Pros

Unrivaled Beachfront Location & Views: Offers a rare double-lot beachfront sanctuary with 74 feet of ocean frontage on Surfrider Beach, providing sweeping panoramic views including the iconic Malibu Pier.
Luxury Interior Appointments: Features a gourmet kitchen with Sub-Zero and Thermador appliances, a primary suite with a marble fireplace, and a spa-like bathroom with heated floors and a soaking tub.
Modern Infrastructure & Smart Home Integration: Equipped with modern upgrades such as a whole-house generator, EV charger, and Sonos system, enhancing convenience and functionality.
Proven Rental Income Potential: The property boasts a proven rental history, indicating its strong appeal as an investment or income-generating asset.
Exclusive Access & Proximity to Amenities: Gated arrival with a motor court and private garage ensures exclusivity, while its premier location offers proximity to high-end Malibu establishments like Nobu and Soho House.

Cons

Age of Original Construction: Built in 1955, the property's original structure is older, which may lead to higher maintenance considerations or potential for unforeseen issues despite recent upgrades.
Coastal Erosion Vulnerability: The description notes 'partial seawall protection,' suggesting potential ongoing concerns or future costs related to coastal erosion for the unprotected sections of the extensive ocean frontage.
Pacific Coast Highway Exposure: Located directly on Pacific Coast Highway, the property may experience traffic noise and reduced street-side privacy, which could detract from the overall tranquility.

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