23708 Malibu Colony Road, Malibu, California 90265, Malibu, 90265 - 5 bed, 5 bath
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Malibu, California 90265
This Historic Malibu Colony Beachfront Estate is listed at $19,995,000, positioned accurately at its $19,995,000 Fair Market Value. Meticulously restored by Tim Gleason, the residence maintains an Excellent Condition Rating and features a modern chef’s kitchen, original clinker brick fireplace, and separate guest quarters. With 37.5 feet of private beach frontage and panoramic ocean views, this property offers a seamless blend of 1920s charm and contemporary luxury. It is a rare, move-in-ready sanctuary perfectly suited for Luxury Owner-Occupants or Discerning Coastal Buyers seeking an iconic Malibu lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23708 Malibu Colony Road Subject | $19,995,000* List Price | 5 | 5 | 2,502 | $7,992 | - |
A 23618 Malibu Colony Road 56 Sold | $16,900,000 | 3 | 3 | 2,030 | $8,325 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1928, the property has been 'fully restored by a preservation specialist' and features a 'spacious, open modern kitchen' with high-end appliances (Wolf range, panel-ready refrigerator) and pristine marble/quartz countertops. The bathrooms are also extensively renovated with modern fixtures, glass showers, and contemporary tiling. Hardwood floors, updated lighting, and overall immaculate condition throughout the images confirm a recent, high-quality renovation, aligning perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Direct access to 37.5 feet of sandy beach in the highly exclusive and desirable Malibu Colony, offering unparalleled coastal living.
A 1928 historic home meticulously restored by a preservation specialist, blending classic East Coast charm with a quintessential Malibu beach vibe.
Features two-story beachside windows maximizing natural light and providing breathtaking panoramic views of the ocean and coastline.
The nearly $20 million list price significantly narrows the potential buyer pool, potentially extending the marketing period.
While restored, a 1928 beachfront property may entail specialized and potentially higher ongoing maintenance costs to preserve its historic integrity and combat coastal elements.
An $800 monthly association fee adds a notable recurring expense to the cost of ownership.
Historic Malibu Colony home, on 37.5 feet of beach, is located in the sandiest section of The Colony. Built in 1928 and fully restored by preservation specialist Tim Gleason, who married the spirit of east-coast Stanford White beach houses with a classic Malibu beach vibe. Walking in the front gate along the flagstone path, the scent of star jasmine transports you to the golden age of The Colony. Two-story beachside windows fill the living room with light and lead to a private patio ideal for entertaining. The home offers five bedrooms and four and one-half baths, including separate guest quarters with a kitchenette. A spacious, open modern kitchen, high ceilings, and an original oversized clinker brick fireplace enhanced by the latest and greatest modern amenities complete the residence. Nothing else combines classic, well-appointed details with a laid-back beach lifestyle.
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 | 2,502 | 2,748 | 47% |
| Lot Size | 9,020 | 18,559.5 | 36% |
| Price | $20.00M | $3.77M | 98% |
| Price per sq ft | $8.0K | $1.3K | 97% |
| Built year | 1928 | 1979 | 5% |
| HOA | $800.0 | $0 | 81% |
| Days on market | 91 | 226 | 6% |
Jan 21, 2026
$19,995,000
Initial Listing
Feb 1, 2022
$13,500,000
Public Record