
Malibu, California 90265
This Architectural Masterpiece represents a Strong Value Opportunity, listed at $15,750,000—positioned well below the $16,259,806 Fair Market Value by 3%. This valuation gap offers $509,806 in Instant Equity for the discerning buyer. Featuring a Mint Condition Rating following a three-year, down-to-the-studs reconstruction, this Buff & Hensman residence includes exclusive access to a private beachfront parcel. This turnkey sanctuary is an ideal acquisition for Luxury Homeowners or High-Net-Worth Investors seeking architectural pedigree and privacy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23515 Malibu Colony Road Subject | $15,750,000* List Price | 5 | 5 | 3,029 | $5,368 | - |
A 23515 Malibu Colony Road Active | $15,650,000 List Price | 5 | 5 | 3,029 | $5,167 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is in mint condition following a comprehensive three-year reconstruction completed recently. It features brand-new systems (HVAC, electrical, plumbing, and roofing) and high-end, modern kitchen and bath finishes, requiring zero maintenance.
A meticulously restored Buff & Hensman mid-century masterpiece that combines iconic architectural heritage with a complete three-year, down-to-the-studs reconstruction, offering brand-new systems and infrastructure.
Includes rare partial ownership of Malibu Colony 87, a private, gated beachfront parcel that provides a luxury beach club-like setting and significant tangible value within one of Malibu's most prestigious enclaves.
The residence offers a seamless blend of indoor-outdoor living with all-new HVAC, electrical, and plumbing, providing the reliability of modern construction in a highly secure, guard-gated community.
While located in the exclusive Malibu Colony, the property is an interior lot rather than a direct beachfront home, which may be a consideration for buyers prioritizing immediate sand access from their backyard.
At a list price of $15.75M for approximately 3,029 square feet, the property commands a significant premium that may be challenging for buyers focused on interior living volume relative to the investment.
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 |
|---|---|---|
| Beds | 5.0 | 5.0 |
| Baths | 5.0 | 4.0 |
| Square foot | 3,029 | 3,173 |
| Lot Size | 8,268 | 32,846 |
| Price | $15.75M | $4.62M |
| Price per sq ft | $5.2K | $1.4K |
| Built year | 0 | 1976 |
| HOA | $656.25 | $2.0K |
| Days on market | 12 | 103 |
Jul 10, 2026
$15,750,000
Initial Listing
Aug 13, 2021
$10,225,000
Public Record