23515 Malibu Colony Road, Malibu, California 90265, Malibu, 90265 - 5 bed, 5 bath

23515 Malibu Colony Road, Malibu, California 90265 home-pic-0
ACTIVE$16,750,000$3,029/sqft
Est. Value: $17,938,072
7%
BelowEstimate
23515 Malibu Colony Road, Malibu, California 90265
5Beds
5Baths
3,029Sqft
8,268Lot

Price Vs. Estimate

The estimated value ($17,938,072.33) is $1,188,072.33 (7%) higher than the list price ($16,750,000). This property may be underpriced.

Key pros and cons

Top Pros:
Architectural Significance & Modern Design: Originally crafted by iconic architects Buff & Hensman and thoughtfully elevated by award-winning designer Warren Garrett, this home boasts a unique mid-century modern heritage blended with sophisticated contemporary updates.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3029, other record living area = 2916.

Compared to the nearby listings

Price:$16.75M vs avg $4.35M (+$12,400,000)92%
Size:3,029 sqft vs avg 2,744 sqft56%
Price/sqft:$5.5K vs avg $1.3K96%

More Insights

Condition: This property has been extensively and recently renovated by an award-winning architectural designer, transforming an original mid-century modern into a contemporary masterpiece. The description highlights 'modern sophistication,' 'Gaggenau appliances,' 'minimalist cabinetry,' 'wide-plank white oak' flooring, 'spa-inspired bathroom with honed limestone,' and 'Universal Control4 automation.' The images confirm a pristine, virtually new condition with high-end finishes, fixtures, and appliances throughout the kitchen and bathrooms, reflecting current luxury standards and no visible deferred maintenance.
Year Built
Close
-
List price
$16.75M
Original List price
$16.75M
Price/Sqft
$5,530
HOA
$656.25
Days on market
-
Sold On
-
MLS number
26635477
Home ConditionExcellent
Features
Excellent View: Golf Course, Mountain(s), Ocean
Deck
Pool
Patio
ViewGolf Course,Mountain(s),Ocean

About this home

Tucked behind the guarded gates of the exclusive Malibu Colony, this reimagined mid-century modern masterpiece originally crafted by iconic architects Buff & Hensman embodies the essence of casual California living. Their signature blend of wood and glass architecture, which defined 1960s coastal style, lives on in this striking home, now thoughtfully elevated by award-winning architectural designer Warren Garrett. His vision honors the home's original design while introducing modern sophistication.Set beneath a canopy of mature sycamores, the residence is approached via a sandblasted limestone path that echoes the organic textures of the nearby shoreline. Inside, a dramatic open-concept layout unfolds across five bedrooms and five bathrooms, with soaring ceilings and a floating staircase wrapped in wide-plank white oak and framed by a floor-to-ceiling glass wall that invites in abundant natural light.The chef's kitchen is a sleek, functional centerpiece outfitted with Gaggenau appliances, minimalist cabinetry, and a spacious island perfect for culinary exploration or casual gatherings. Throughout, the home is outfitted with Universal Control4 automation and an integrated sound system, inside and out.The serene primary suite offers a private retreat, featuring a spa-inspired bathroom with honed limestone, white oak detailing, a hand-carved rigato stone bathing niche, private water closet, and dual custom closets. A secluded balcony reveals sweeping mountain and ocean views, creating a tranquil haven. Outdoor living is redefined in this secluded sanctuary, where a shimmering pool anchors the courtyard. The outdoor kitchen fully equipped with top-of-the-line appliances and generous seating sets the stage for unforgettable al fresco dining under the stars. Privately gated from the street with nearly 50 feet of frontage, this estate offers an unmatched sense of seclusion within the Colony. While just steps from your deeded, beautifully appointed beach access reserved for a select group of homeowners you can enjoy complete privacy and round-the-clock security. This rare offering captures the very best of Malibu Colony living: architectural significance, modern luxury, and the ultimate connection to land, sea, and sky.

J
Jeffrey Chertow
Listing Agent

Price History

Date
Event
Price
08/13/21
Sold
$10,225,000
Condition Rating
Excellent

This property has been extensively and recently renovated by an award-winning architectural designer, transforming an original mid-century modern into a contemporary masterpiece. The description highlights 'modern sophistication,' 'Gaggenau appliances,' 'minimalist cabinetry,' 'wide-plank white oak' flooring, 'spa-inspired bathroom with honed limestone,' and 'Universal Control4 automation.' The images confirm a pristine, virtually new condition with high-end finishes, fixtures, and appliances throughout the kitchen and bathrooms, reflecting current luxury standards and no visible deferred maintenance.
Pros & Cons

Pros

Architectural Significance & Modern Design: Originally crafted by iconic architects Buff & Hensman and thoughtfully elevated by award-winning designer Warren Garrett, this home boasts a unique mid-century modern heritage blended with sophisticated contemporary updates.
Exclusive Location & Security: Situated within the guarded gates of the prestigious Malibu Colony, the property offers unparalleled privacy, round-the-clock security, and a highly sought-after address.
Luxury Interior Features & Smart Home: The residence features a dramatic open-concept layout, soaring ceilings, high-end finishes like wide-plank white oak and honed limestone, Gaggenau appliances, and integrated Universal Control4 automation and sound system.
Exceptional Outdoor Living & Views: A shimmering pool, fully equipped outdoor kitchen, and a secluded primary suite balcony with sweeping mountain and ocean views create an ideal setting for entertaining and relaxation.
Deeded Beach Access: The property includes deeded, beautifully appointed beach access reserved for a select group of homeowners, providing a rare and highly desirable direct connection to the Malibu coastline.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3029, other record living area = 2916.
Significant Price Appreciation: The current list price of $16.75M represents a substantial increase from its 2021 sale price of $10.225M, which may require strong justification of renovation costs and market value to potential buyers.
Ongoing Association Fees: A monthly association fee of $656.25 adds to the recurring cost of ownership, which is a consideration for long-term budgeting.
No Explicit Cooling System Mention: While extensively renovated, the description does not explicitly mention a central cooling system, which could be a drawback for comfort during warmer months, especially in a luxury property.
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