23708 Malibu Colony Road, Malibu, California 90265, Malibu, 90265 - 5 bed, 5 bath
23708 Malibu Colony Road
Malibu, California 90265
Property Price
SUMMARY
Analysis of 23708 Malibu Colony Road, Malibu, California 90265 reveals a Fairly Priced Property with a current list price of $19,995,000 aligned with the estimated $20,532,498 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Malibu Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
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 | $8,206 | - |
A 23834 Malibu Road Sold | $18,625,000 | 3 | 4 | 2,258 | $8,248 | 0.2 mi |
B 23618 Malibu Colony Road 56 Active | $16,900,000 List Price | 3 | 3 | 2,030 | $8,325 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Beachfrontage in Malibu Colony
Direct access to 37.5 feet of sandy beach in the highly exclusive and desirable Malibu Colony, offering unparalleled coastal living.
- Expertly Restored Historic Architecture
A 1928 historic home meticulously restored by a preservation specialist, blending classic East Coast charm with a quintessential Malibu beach vibe.
- Stunning Ocean & Coastline Views
Features two-story beachside windows maximizing natural light and providing breathtaking panoramic views of the ocean and coastline.
CONSRISKS & DEFICIENCIES
- Ultra-Luxury Price Point
The nearly $20 million list price significantly narrows the potential buyer pool, potentially extending the marketing period.
- Ongoing Historic Property Maintenance
While restored, a 1928 beachfront property may entail specialized and potentially higher ongoing maintenance costs to preserve its historic integrity and combat coastal elements.
- Recurring Association Fees
An $800 monthly association fee adds a notable recurring expense to the cost of ownership.
About 23708 Malibu Colony Road
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1928
- Lot Size
- 9,020 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $800.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 73% |
| Baths | 5.0 | 4.0 | 67% |
| Square foot | 2,502 | 2,940 | 40% |
| Lot Size | 9,020 | 16,910 | 28% |
| Price | $20.00M | $4.00M | 99% |
| Price per sq ft | $8.0K | $1.3K | 97% |
| Built year | 1928 | 1976 | 3% |
| HOA | $800.0 | $0 | 81% |
| Days on market | 44 | 220 | 1% |
Pricing History
Listed for Sale
Jan 21, 2026
$19,995,000
Initial Listing
Sold
Feb 1, 2022
$13,500,000
Public Record