
Malibu, California 90265
This Luxury Beachfront Residence represents a High-Potential Investment Opportunity, listed at $22,000,000—positioned well below the $22,866,017 Fair Market Value by 3%. This valuation gap offers $866,017 in Instant Equity. Featuring a rare oceanfront pool, panoramic ocean views, and a third-level movie lounge, the property maintains a Condition Rating of 3. While the 1963 construction offers classic charm, its prime location in the legendary Malibu Colony makes it an ideal acquisition for Luxury Real Estate Investors or High-Net-Worth Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23422 Malibu Colony Road 98 Subject | $22,000,000* List Price | 5 | 4 | 4,455 | $5,133 | - |
A 23515 Malibu Colony Road Active | $15,650,000 List Price | 5 | 5 | 3,029 | $5,167 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1963, the property has undergone significant high-end renovations that place it in the 5-15 year renovation bracket. The interior features updated hardwood flooring, recessed lighting, and a modern third-level movie lounge with contemporary LED lighting and a projector system. The exterior glass railings and well-maintained beachfront pool indicate consistent upkeep. It is in move-in ready condition, though the classic Cape Cod architectural elements suggest it is not a brand-new construction.
Situated within the legendary Malibu Colony, this property offers unparalleled privacy, security, and prestige in one of California's most iconic and sought-after beachfront communities.
Featuring an exceptionally rare oceanfront pool, this home provides a luxury amenity that is seldom found within the Colony, significantly enhancing its outdoor entertaining appeal.
The gracious ocean-view primary suite includes a fireplace, sitting areas, and a private sundeck, offering a generous and light-filled sanctuary with stunning coastal vistas.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4455, other record living area = 3829. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Originally built in 1963, the property may require ongoing maintenance or modern updates to meet the expectations of contemporary luxury buyers seeking state-of-the-art systems.
With a listing price of $22 million for a 1960s-era home, the property carries a significant premium that may challenge buyers focused on price-per-square-foot metrics or recent comparable sales.
Behind the gates of the legendary Malibu Colony, 98 Malibu Colony occupies one of the most celebrated stretches of sand in California. Long defined by its privacy, security, and quiet prestige, the Colony remains one of Malibu's most iconic beachfront communities. Set along a desirable section of Colony beach, the home reflects the relaxed rhythm of coastal living. Mornings begin with coffee above the water and a look at the surf just beyond the sand, where one of Malibu's iconic breaks makes spontaneous morning paddles part of everyday life. The five-bedroom Cape Cod residence offers warm gathering spaces. Designed for relaxed coastal living. The gracious ocean-view primary suite features a fireplace, sitting areas, and sundeck. Generous in scale and filled with natural light, the suite offers space to lounge, work, reflect, or simply unwind while the light shifts across the ocean and ever-changing coastline. A distinctive third-level retreat is designed as a movie lounge, ocean-view office, or relaxed sleeping nook, while expansive beachfront patios invite effortless indoor-outdoor living. Completing the offering is an exceptionally rare oceanfront pool, a true Malibu rarity and one of the few within the Colony itself. Few homes enjoy this stretch of Malibu Colony beach. Moments from the Malibu Pier, Nobu, and the iconic Malibu Country Mart, this is beachfront living at one of Malibu's most storied addresses.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 5.0 |
| Baths | 4.0 | 4.0 |
| Square foot | 4,455 | 3,173 |
| Lot Size | 8,795 | 32,846 |
| Price | $22.00M | $4.62M |
| Price per sq ft | $4.9K | $1.4K |
| Built year | 1963 | 1976 |
| HOA | $657.0 | $2.0K |
| Days on market | 15 | 103 |
Jul 7, 2026
$22,000,000
Initial Listing
Sep 1, 2023
$18,000,000
Public Record
Nov 30, 1994
$2,800,000
Public Record