
Malibu, California 90265
This Beachfront Malibu Residence is a Strong Value Opportunity, listed at $7,350,000—positioned well below the $7,877,323 Fair Market Value by 6%. This valuation gap offers $527,323 in Instant Equity for buyers. The property maintains a Good Condition Rating, featuring panoramic ocean views, a wraparound deck, and direct beach access. Situated on coveted Malibu Road within the Santa Monica-Malibu Unified District, it perfectly balances a classic coastal lifestyle with significant financial upside. This is an ideal acquisition for Owner-Occupants or Luxury Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24216 Malibu Road Subject | $7,350,000* List Price | 3 | 2 | 1,676 | $4,700 | - |
A 23441 Malibu Colony Road Active | $8,495,000 List Price | 4 | 3 | 1,850 | $4,592 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a exceptionally well-maintained 1958 beach home that is move-in ready. While it retains some vintage elements such as Saltillo tile flooring and white tile countertops in the kitchen, it features high-end appliances, central HVAC, and updated skylights. The 'good' rating is justified as the home shows minimal wear and tear and functional systems, though it lacks the contemporary full-scale renovation required for an 'excellent' score.
Situated on the highly coveted Malibu Road, this property offers direct beach access with private steps to the sand, providing the quintessential coastal lifestyle.
The home features expansive sunrise-to-sunset vistas of Catalina Island and the coastline, visible through large picture windows and a spacious wraparound oceanfront deck.
Boasting classic beach-home styling with plank and beam wood ceilings, Saltillo tile floors, and a gated courtyard, the residence captures a timeless indoor-outdoor aesthetic.
With only 1,676 square feet of living space, the home may feel compact for buyers seeking a more expansive luxury estate at this significant price point.
Originally built in 1958, the property may require modern structural or cosmetic updates to meet the expectations of contemporary high-end buyers, despite its well-maintained charm.
Here is the perfect beach getaway on coveted Malibu Road: skylights, picture windows, full-width deck, and steps to the sand. You'll find sunrise-to-sunset views from here to Catalina, plus great beach-home styling: plank and beam wood ceilings, Saltillo tile floors, and a bright, open layout. Escape, relax, and entertain in true indoor-outdoor Malibu style in this lovely single-level home. A gated courtyard entry offers tantalizing ocean views, and the front door opens to expansive vistas from the living/dining/kitchen great room and the deck just outside. Perfect for comfort and congenial gatherings, the space has a fireplace and a chandelier dining area. French doors open onto the wraparound oceanfront deck, which offers room for entertaining, lounging, and pergola-shaded al fresco dining. The kitchen is lovely and bright, with white tilework, brick detailing, superb appliances, and a huge picture window looking out at the ocean. The home's three bedrooms are light-filled and peaceful, with large windows. Additional features include central heating and air conditioning, an outdoor shower, and a two-car garage. Watch for dolphins, seabirds, and even whales from your deck, or step down to the sand for a morning or evening stroll. This is beachfront living at its best.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 2.0 | 4.0 | 23% |
| Square foot | 1,676 | 2,748 | 19% |
| Lot Size | 5,723 | 18,559.5 | 13% |
| Price | $7.35M | $3.77M | 77% |
| Price per sq ft | $4.4K | $1.3K | 97% |
| Built year | 1958 | 1979 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 226 | 3% |
Feb 25, 2026
$7,350,000
Initial Listing
Jul 12, 2001
$1,412,500
Public Record