
Malibu, California 90265
Analysis of 23872 Malibu Road, Malibu, California 90265 is currently available with a list price of $55,000,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property was built in 1931 and is noted to have 'vintage infrastructure,' suggesting that major structural and mechanical systems are likely outdated and require substantial rehabilitation to meet modern standards. With a listing price of $55 million for under 4,000 square feet, the value is almost entirely in the land and prime oceanfront location rather than the condition of the existing 90-year-old structure.
Situated on the iconic Malibu Road, this property occupies one of the most prestigious and sought-after coastal addresses in the world.
The property offers rare and immediate access to the shoreline, providing a seamless transition from the residence to the sand.
With over 11,600 square feet, the lot is significantly larger than many typical Malibu Road parcels, offering superior privacy and space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11628, other record lot size in square feet = 11690.
Built in 1931, the property may require substantial modern upgrades to its structural and mechanical systems to meet current luxury standards.
At a $55 million valuation for approximately 3,900 square feet, the pricing is aggressive and places a heavy premium on the land value.
Set along iconic Malibu Road, 23872 Malibu Road offers an exceptional coastal living experience with direct beach access and sweeping Pacific Ocean views. This coveted oceanfront setting combines privacy, natural beauty, and the relaxed elegance Malibu is known for.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 73% |
| Baths | 8.0 | 4.0 | 95% |
| Square foot | 3,903 | 2,752 | 75% |
| Lot Size | 11,628 | 18,559.5 | 44% |
| Price | $55.00M | $3.77M | 98% |
| Price per sq ft | $14.1K | $1.3K | 98% |
| Built year | 1931 | 1979 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 226 | 5% |
Feb 4, 2026
$55,000,000
Initial Listing