
Malibu, California 90265
This Architecturally Significant Beachfront Residence is a Strong Value Opportunity, listed at $26,995,000—positioned well below the $29,719,876 Fair Market Value by 9%. This valuation gap offers $2,724,876 in Instant Equity. Featuring a Good Condition Rating, the home boasts Panoramic Ocean Views, a Private Beachfront Pool and Spa, and a storied legacy. This rare coastal asset is an ideal acquisition for Ultra-Luxury Investors or Discerning Owner-Occupants seeking an irreplaceable Malibu lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23758 Malibu Road Subject | $26,995,000* List Price | 5 | 5 | 4,016 | $7,400 | - |
A 23708 Malibu Colony Road Sold | $19,995,000 | 5 | 5 | 2,502 | $7,992 | 0.1 mi |
B 23956 Malibu Road Active | $29,750,000 List Price | 5 | 6 | 4,240 | $7,017 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1982, this architecturally significant home is exceptionally well-maintained and move-in ready. While the structure is over 40 years old, the high-end finishes, vaulted wood-beamed ceilings, and pristine beachfront pool suggest a level of care and periodic updating that aligns with the 'Good' criteria for functional, move-in ready properties.
The property features a private beachfront pool and spa situated directly on the sand, a rare luxury that is no longer permitted under current Malibu coastal development regulations.
Designed by renowned architect Ron Goldman, FAIA, this Cape Cod-inspired residence offers significant cultural appeal, including rumored former ownership by legendary artist Joni Mitchell.
Located on the prestigious Malibu Road, the home provides the elite status of the Malibu Colony area while being positioned outside the gates for immediate access to high-end dining and boutiques.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4016, other record living area = 3019. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Constructed in 1982, the residence may require significant capital investment to update its 40-year-old systems and finishes to meet the standards of today's ultra-luxury buyers.
While the location offers convenience, being situated outside the guarded gates of Malibu Colony may be perceived as a lack of privacy and security compared to properties within the enclave.
Located along the most desirable stretch of Malibu Road is Colony #17, an architecturally significant beachfront residence by Ron Goldman, FAIA capturing the essence of refined and relaxed coastal living. Part of the coveted Malibu Colony enclave, outside the gates for effortless access, this beachfront home pairs the prestige of Colony Beach with immediate proximity to Malibu's premier restaurants, boutiques, cafes and everyday conveniences. Designed to maximize its beach frontage, the 4,000+ sf Cape Cod-inspired home opens to panoramic ocean views and direct access to one of Malibu's most celebrated sandy beaches. Sun-filled interiors blend warmth and sophistication through vaulted wood-beamed ceilings, expansive walls of glass, and an airy open floor plan that seamlessly connects the living spaces to the shoreline. The central great room and ocean-facing kitchen are designed for both relaxed daily living and elegant entertaining, all framed by the constant backdrop of the Pacific. The residence, rumored to have belonged to famed singer songwriter Joni Mitchell, includes an oceanfront primary suite, additional guest bedrooms and flexible office space, along with a detached guest house. Outdoors, the beachfront terrace leads to an extraordinary private pool and spa positioned just steps from the sand, an amenity no longer permitted under current Malibu coastal development regulations, making this offering exceptionally rare and virtually impossible to replicate today. A gated entry introduces a serene retreat where timeless architecture, irreplaceable beachfront features, and an unmatched Malibu lifestyle converge. Offering the exclusivity of Colony Beach with the convenience of direct access in and out, this is a rare opportunity to own a legacy property on one of the finest beaches in California.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 63% |
| Baths | 5.0 | 4.0 | 61% |
| Square foot | 4,016 | 2,940 | 72% |
| Lot Size | 11,557 | 24,998 | 39% |
| Price | $27.00M | $4.30M | 96% |
| Price per sq ft | $6.7K | $1.3K | 94% |
| Built year | 1982 | 1979 | 54% |
| HOA | $311.25 | $0 | 86% |
| Days on market | 9 | 208 | 3% |
May 28, 2026
$26,995,000
Initial Listing