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23956 Malibu Road, Malibu, California 90265, Malibu, 90265 - 5 bed, 6 bath

23956 Malibu Road, Malibu, California 90265 home-pic-0
ACTIVE$37,500,000
23956 Malibu Road, Malibu, California 90265
5Beds
6Baths
4,240Sqft
12,849Lot
Year Built
2016
Close
-
List price
$37.5M
Original List price
$39.5M
Price/Sqft
$8,844
HOA
-
Days on market
-
Sold On
-
MLS number
25483567
Home ConditionExcellent
Features
Excellent View: Coastline, Ocean
Deck
Spa
ViewCoastline, Ocean

About this home

We found 3 Cons,5 Pros. Rank: price - $37.50M(96th), sqft - 4240(74th), beds - 5(78th), baths - 6(81th).

Stunning beach home on the world-famous Malibu Colony Beach. Wide lot with 66ft of beach frontage and surfing point break located directly out back. Sophisticated design by renowned architect Steve Giannetti, including an impressive great room with 12ft tall by 36ft wide walls of glass that disappear and open up to one of the largest and most dramatic beachfront decks in all of Malibu. Meticulous attention to detail throughout, designed for the most discerning clientele. All 5 bedrooms are en-suite and located on the second floor, the Primary + 2 additional bedrooms are oceanfront. Ample parking cars and close proximity to Malibu's top boutiques, shops, and restaurants.

Price History

Date
Event
Price
08/30/25
Price Change
$37,500,000-5.1%
01/15/25
Listing
$39,500,000
06/07/12
Sold
$4,000,040
Condition Rating
Excellent
Built in 2016, this property is practically new and showcases a sophisticated, modern design by a renowned architect. The kitchen features high-end appliances, sleek cabinetry, marble backsplash, and contemporary lighting. Bathrooms are luxurious with floating vanities, marble countertops, modern fixtures, freestanding tubs, and spacious glass-enclosed showers. All flooring (polished concrete and light wood) is pristine, and the overall condition reflects meticulous attention to detail with no signs of wear or deferred maintenance, meeting the highest quality standards.
Pros & Cons

Pros

Unrivaled Beachfront Location: Direct access to world-famous Malibu Colony Beach with 66ft of private frontage and a surfing point break located directly out back.
Iconic Architectural Design: Masterfully designed by renowned architect Steve Giannetti, showcasing sophisticated aesthetics and meticulous craftsmanship throughout.
Seamless Indoor-Outdoor Living: Features an impressive great room with 12ft tall by 36ft wide disappearing glass walls, opening to one of Malibu's largest and most dramatic beachfront decks.
Luxurious En-Suite Accommodations: All five bedrooms are en-suite, with the primary and two additional bedrooms offering direct oceanfront views, designed for discerning clientele.
Modern Construction & Prime Proximity: Built in 2016, offering contemporary standards, ample parking, and convenient access to Malibu's top boutiques, shops, and restaurants.

Cons

Exclusive Price Point: The ultra-luxury price tag of $37.5 million significantly narrows the potential buyer pool, potentially extending market time.
Recent Price Adjustment: A $2 million reduction from the original list price may raise questions about initial market positioning or perceived value among potential buyers.
Elevated Operating Costs: As a premium beachfront property, it likely incurs substantial ongoing maintenance expenses due to coastal exposure and high insurance premiums, which are not explicitly detailed.

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