
Malibu, California 90265
This recently renovated Malibu Colony contemporary is a Prime Investment Opportunity, listed at $13,250,000—positioned well below the $13,778,990 Fair Market Value by 3%. This valuation gap provides $528,990 in Instant Equity. Boasting an Excellent Condition Rating, the home features a private beach key, rooftop ocean-view deck, and a backyard pool and spa. Located in an exclusive guard-gated enclave within the Santa Monica-Malibu Unified district, it offers a turnkey coastal lifestyle. This is a premier acquisition for Owner-Occupants or Luxury Real Estate Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23649 Malibu Colony Road Subject | $13,250,000* List Price | 4 | 4 | 3,653 | $3,772 | - |
A 23351 Malibu Colony Road 108a Active | $9,495,000 List Price | 4 | 4 | 2,890 | $3,285 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a recent high-end contemporary renovation, featuring a sleek modern exterior, updated luxury bathrooms with a sauna, and a new outdoor kitchen. Despite the 1980 build date, the recent updates and mint condition of the pool and decking meet the criteria for excellent condition.
Situated in the prestigious Malibu Colony, this property offers unparalleled security and includes a coveted private beach key for exclusive coastal access.
The home has been recently updated with a sleek contemporary aesthetic, featuring soaring ceilings, a floating mezzanine, and a primary suite with a private sauna and soaking tub.
The property boasts a backyard oasis with a pool, spa, and outdoor kitchen, topped off by a third-level roof deck offering panoramic Pacific Ocean views.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7613, other record lot size in square feet = 6857.
With a lot size of approximately 7,613 square feet, the outdoor space is relatively compact compared to other luxury estates, potentially limiting privacy from neighboring homes.
The current list price reflects a substantial increase from its 2022 sale price of $9.25M, which may require strong market justification despite the recent renovations.
Just recently renovated. This Malibu Colony escape is all about seclusion, calm vibes, and that effortless coastal cool. Tucked inside the most exclusive guard-gated celeb enclave on the coast, this sleek recently updated contemporary home comes with its own private beach key/access. The main level opens up with soaring ceilings and walls of French doors that flood the open living and dining spaces with golden natural light. Slide open the glass pocket doors and you step into a backyard paradise with outdoor kitchen, sparkling pool and spa. Upstairs, the floating mezzanine wraps around to two guest bedrooms and the primary wing. The primary suite is next-level: private deck, cozy fireplace, and a seriously elevated en-suite bath featuring a custom oversized shower, deep soaking tub, and sauna. The showstopper is the third-level ocean-view roof private deck. It's the ultimate vibe for golden hour cocktails, dinner parties, or just soaking in those endless Pacific views. Quiet luxury with Beach key access. This is Malibu living at its best. Seller Financing Available.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,653 | 3,190 | 60% |
| Lot Size | 7,613 | 25,853.5 | 26% |
| Price | $13.25M | $4.69M | 84% |
| Price per sq ft | $3.6K | $1.3K | 91% |
| Built year | 1980 | 1980 | 50% |
| HOA | $656.25 | $0 | 87% |
| Days on market | 68 | 212 | 11% |
Apr 9, 2026
$13,250,000
Initial Listing
Feb 17, 2022
$9,250,000
Public Record
Jun 15, 2021
$19,750,000
Public Record
May 17, 2021
$9,725,000
Public Record
Mar 2, 2021
$9,000,000
Public Record