
Malibu, California 90265
This Architectural Masterpiece in the guard-gated Malibu Colony is listed at $15,650,000, offering stability at its $15,650,000 Fair Market Value. Following a meticulous three-year reconstruction, the home boasts an Excellent Condition Rating, delivering a turnkey lifestyle with all-new infrastructure and curated finishes. This coastal sanctuary features ocean and mountain views and includes exclusive private beach access via partial ownership of Lot 87. This iconic Buff & Hensman residence is a premier acquisition for Luxury Owner-Occupants or Architectural Enthusiasts seeking pedigree and privacy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23515 Malibu Colony Road Subject | $15,650,000* List Price | 5 | 5 | 3,029 | $5,167 | - |
A 23505 Malibu Colony Road Active | $12,750,000 List Price | 4 | 4 | 2,473 | $5,156 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property underwent a comprehensive three-year, down-to-the-studs reconstruction, effectively making it a new home. All major systems including HVAC, electrical, plumbing, and roofing are brand new. The interior features high-end curated natural finishes, modern appliances, and updated glazing, meeting the highest standards of turnkey luxury and modern construction.
A meticulously restored Buff & Hensman mid-century modern masterpiece, offering a rare blend of iconic design and a complete three-year down-to-the-studs reconstruction.
Includes partial ownership of Lot 87, providing dedicated private beach access and an ocean-view entertaining deck directly across the street from the residence.
The home features entirely new systems, including HVAC, plumbing, and electrical, providing the reliability of new construction within a prestigious guard-gated enclave.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3029, other record living area = 2916.
Situated as an interior lot within the Colony, the property lacks direct backyard beach frontage, which is the primary driver for top-tier valuations in this area.
The beach access amenity is a partial ownership interest shared with other residents, rather than a private, exclusive-use parcel directly attached to the home.
Completely rebuilt architectural residence in the guard-gated Malibu Colony, meticulously restored through an extensive three-year reconstruction. Taken down to the original structural post-and-beam framework and rebuilt from the studs. All systems throughout the home are new, including electrical, plumbing, HVAC, roofing, glazing, and infrastructure. Every surface and material was thoughtfully reconsidered and replaced, resulting in a residence that preserves the integrity of Buff & Hensman's iconic mid-century architecture while delivering the comfort, efficiency, and reliability of modern construction. Walls of glass, exposed beams, and curated natural finishes create light-filled interiors that flow seamlessly to outdoor terraces and capture ocean views from this desirable interior Colony location. The home offers a rare combination of architectural pedigree, privacy, and turnkey livability within one of Malibu's most coveted beachfront enclaves. An exceptional amenity of this home is partial ownership of Malibu Colony 87, a private, gated beachfront property reserved exclusively for a select group of Colony residences. Beautifully furnished, landscaped, and fully maintained, this rare parcel, equal in size to a standard Malibu Colony beachfront homesite, offers a truly special, beach club-like setting for relaxing, entertaining, and enjoying the sand and surf, representing exceptional and tangible value, with neighboring Malibu Colony 88 recently selling for $22M. A rare opportunity to acquire a fully rebuilt Buff & Hensman architectural gem in the Malibu Colony, offering timeless design, exceptional craftsmanship, and one of the community's most desirable private beach-access amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 73% |
| Baths | 5.0 | 4.0 | 69% |
| Square foot | 3,029 | 2,752 | 56% |
| Lot Size | 8,268 | 18,559.5 | 31% |
| Price | $15.65M | $3.77M | 95% |
| Price per sq ft | $5.2K | $1.3K | 97% |
| Built year | 0 | 1979 | 5% |
| HOA | $656.25 | $0 | 81% |
| Days on market | 103 | 226 | 6% |
Feb 21, 2026
$15,650,000
$16,750,000
-7% Price Drop
Initial Listing
Jan 9, 2026
$16,750,000
Initial Listing
Aug 13, 2021
$10,225,000
Public Record