Realkey.ai
RealKey
‪(213) 433-7766‬

24146 Malibu Road, Malibu, California 90265, Malibu, 90265 - 5 bed, 5 bath

24146 Malibu Road, Malibu, California 90265 home-pic-0
ACTIVE$14,750,000$4,320/sqft
Est. Value: $14,354,891
-2%
FairlyEstimate
24146 Malibu Road, Malibu, California 90265
5Beds
5Baths
4,320Sqft
6,940Lot

Price Vs. Estimate

The estimated value ($14,354,891.36) is $395,108.64 (2%) lower than the list price ($14,750,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Beachfront Location & Panoramic Views: Situated on iconic Malibu Road, this beachfront retreat offers breathtaking, sweeping ocean views from Santa Monica to Point Dume, including Catalina Island, enhancing its exclusivity and value.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4320, other record living area = 3606. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

Compared to the nearby listings

Price:$14.75M vs avg $4.35M (+$10,400,000)90%
Size:4,320 sqft vs avg 2,744 sqft76%
Price/sqft:$3.4K vs avg $1.3K90%

More Insights

Built in 1976 (50 years old).
Condition: Despite being built in 1976, the property has undergone a recent and extensive high-end renovation, as evidenced by the description and images. The gourmet kitchen features new, luxurious finishes, creamy white cabinetry, and high-end stainless steel appliances. The spa-like primary bath boasts a freestanding soaking tub, oversized steam shower, and modern fixtures. Rich oak hardwood floors are consistent throughout, and all visible components, including lighting, windows, and outdoor spaces, appear virtually new and meet current quality standards. There is no visible deferred maintenance, indicating a property that is in pristine, move-in ready condition.
Year Built
1976
Close
-
List price
$14.75M
Original List price
$14.75M
Price/Sqft
$3,414
HOA
-
Days on market
-
Sold On
-
MLS number
26632653
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Coastline, Ocean, Panoramic, Water
Deck
Spa
Patio
ViewCatalina,City Lights,Coastline,Ocean,Panoramic,Water

About this home

Experience Malibu living at its finest on iconic Malibu Road. This prestigious property, a former celebrity-owned beachfront retreat, is a breathtaking coastal sanctuary offering sweeping ocean views that stretch from Santa Monica and Palos Verdes to Catalina and Point Dume. A dramatic entryway makes a jaw-dropping impression, framed by landscaped front and back courtyards. Towering two-story ceilings and complete privacy elevate the living experience, while expansive outdoor spaces invite both serenity and entertaining. Inside, rich oak hardwood floors flow throughout. The gourmet kitchen stuns with creamy white cabinetry, luxurious finishes, and a layout designed for both beauty and functionality. The oceanfront primary suite is a true retreat with a cozy fireplace, dual walk-in closets, and panoramic views. The spa-like primary bath features a soaking tub, oversized steam shower, and direct ocean views. Upstairs, two guest bedrooms share a dual bathroom, offering both comfort and privacy. Outdoor living is unmatched, with a rare and expansive entertaining area complete with a built-in BBQ and private spa. The main house offers four bedrooms plus an office/den, while a completely separate one-bedroom guest house with its own ocean views sits across the courtyard. This iconic, exquisitely designed property is truly one of Malibu's finest, and can be sold fully furnished.

B
Britney Smits
Listing Agent

Price History

Date
Event
Price
06/16/22
Sold
$13,955,000
06/08/21
Sold
$13,700,000
10/21/20
Sold
$8,700,000
10/03/12
Sold
$5,450,000
Condition Rating
Excellent
Despite being built in 1976, the property has undergone a recent and extensive high-end renovation, as evidenced by the description and images. The gourmet kitchen features new, luxurious finishes, creamy white cabinetry, and high-end stainless steel appliances. The spa-like primary bath boasts a freestanding soaking tub, oversized steam shower, and modern fixtures. Rich oak hardwood floors are consistent throughout, and all visible components, including lighting, windows, and outdoor spaces, appear virtually new and meet current quality standards. There is no visible deferred maintenance, indicating a property that is in pristine, move-in ready condition.
Pros & Cons

Pros

Prime Beachfront Location & Panoramic Views: Situated on iconic Malibu Road, this beachfront retreat offers breathtaking, sweeping ocean views from Santa Monica to Point Dume, including Catalina Island, enhancing its exclusivity and value.
Luxury Design & High-End Finishes: The property boasts towering two-story ceilings, rich oak hardwood floors, a gourmet kitchen with luxurious finishes, and a spa-like primary bath, reflecting exquisite design and premium materials.
Expansive Outdoor Living & Entertainment: Featuring rare and expansive outdoor spaces, including landscaped courtyards, a built-in BBQ, and a private spa, ideal for serene relaxation and grand entertaining.
Separate Guest House & Versatility: A completely separate one-bedroom guest house with ocean views, alongside the main house's four bedrooms plus an office/den, provides exceptional versatility for guests, staff, or multi-generational living.
Privacy & Prestigious History: Offering complete privacy and a history as a former celebrity-owned residence, this property carries a prestigious allure that appeals to discerning buyers.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4320, other record living area = 3606. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Property Age & Potential Infrastructure: Built in 1976, while updated, the core structure's age may imply potential for older infrastructure components (e.g., plumbing, electrical) that could require future attention or higher maintenance.
High Maintenance Demands of Beachfront Living: As a beachfront property, it is inherently exposed to salt air, sand, and potential storm damage, which typically translates to higher ongoing maintenance costs and specialized upkeep.
Lack of Mentioned Central Cooling System: The description highlights numerous luxury features but does not explicitly mention a central air conditioning system, which could be a significant consideration for comfort during warmer periods for some buyers.
Browse Properties by State Browse housing market trends by state