
Malibu, California 90265
This Architecturally Significant Beachfront Residence represents a Strong Value Opportunity, listed at $26,995,000—positioned well below the $27,363,069 Fair Market Value by 1.34%. This valuation gap offers $368,069 in Instant Equity. Featuring a Condition Rating of 3, the home boasts a Private Pool and Spa on the sand—an irreplaceable amenity. With its Ron Goldman, FAIA design and prime Malibu Road location, this legacy asset is ideal for Ultra-Luxury Investors or Discerning Owner-Occupants seeking a rare coastal sanctuary.
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 | $6,814 | - |
A 23708 Malibu Colony Road Sold | $19,995,000 | 5 | 5 | 2,502 | $7,992 | 0.1 mi |
B 23812 Malibu Road Active | $34,800,000 List Price | 6 | 8 | 4,551 | $7,647 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1982, the property shows evidence of a high-quality renovation likely performed 10-15 years ago. The kitchen is updated with professional-grade Viking appliances and stone countertops, and the overall interior—including the vaulted ceilings and stone flooring—is meticulously maintained and move-in ready.
The property features a private pool and spa positioned directly on the sand, a rare luxury that is no longer permitted under current Malibu coastal development regulations, making it a unique legacy asset.
Situated on the prestigious Malibu Road, the home offers the exclusivity of Colony Beach with the added benefit of being outside the gates for immediate access to Malibu's premier restaurants and boutiques.
Designed by renowned architect Ron Goldman, FAIA, the residence boasts significant architectural value and provenance, featuring timeless Cape Cod-inspired design and expansive beach frontage.
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.
Originally constructed in 1982, the home may require significant capital investment to modernize mechanical systems and interior finishes to meet the expectations of today's ultra-luxury buyers.
Being located outside the main gates of the Malibu Colony enclave, the property lacks the 24/7 guarded security and controlled access found within the gated portion of the community.
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 |
|---|---|---|
| Beds | 5.0 | 5.0 |
| Baths | 5.0 | 4.0 |
| Square foot | 4,016 | 3,173 |
| Lot Size | 11,557 | 32,846 |
| Price | $27.00M | $4.62M |
| Price per sq ft | $6.7K | $1.4K |
| Built year | 1982 | 1976 |
| HOA | $311.25 | $2.0K |
| Days on market | 55 | 103 |
May 28, 2026
$26,995,000
Initial Listing