24380 Malibu Road, Malibu, California 90265, Malibu, 90265 - 4 bed, 5 bath

24380 Malibu Road, Malibu, California 90265 home-pic-0
ACTIVE$19,995,000
24380 Malibu Road, Malibu, California 90265
4Beds
5Baths
4,600Sqft
6,719Lot
Year Built
2015
Close
-
List price
$20M
Original List price
$23.5M
Price/Sqft
$4,347
HOA
-
Days on market
-
Sold On
-
MLS number
25581817
Home ConditionExcellent
Features
Excellent View: City Lights, Coastline, Ocean, Water
Deck
Spa
ViewCity Lights,Coastline,Ocean,Water

About this home

Possibly Over-Priced:The estimated price is 14% below the list price. We found 3 Cons,5 Pros. Rank: price - $20.00M(93th), sqft - 4600(76th), beds - 4(50th), baths - 5(64th).

Set against the stunning backdrop of California's coastline, this oceanfront residence showcases exceptional design and impeccable craftsmanship. Floor-to-ceiling glass walls offer uninterrupted ocean views, enhancing the sense of openness throughout the thoughtfully designed living spaces. The main level features a seamless flow between the living, dining, and wet bar areas, all oriented toward breathtaking ocean views. An expansive outdoor deck, complete with a sunken spa, provides the perfect setting for relaxation or entertaining. A designer Bulthaup kitchen fitted with state-of-the-art appliances and a center island with seating complete this level. Upstairs, the breathtaking oversized primary suite features panoramic ocean views, a sitting area and a fireplace. This level also includes three additional well-appointed bedroom suites. The third level boasts a spectacular ocean-view deck with a fireplace, two versatile rooms perfect for an office or gym, and elevator that services every floor of the home.

Price History

Date
Event
Price
11/20/25
Price Change
$19,995,000-14.9%
08/21/25
Listing
$23,500,000
10/06/15
Sold
$11,000,000
Condition Rating
Excellent

Built in 2015, this property is virtually new, showcasing exceptional design and impeccable craftsmanship. The Bulthaup kitchen features state-of-the-art integrated appliances and sleek, modern finishes. Bathrooms are equally well-appointed with contemporary fixtures and design. Hardwood flooring throughout, recessed lighting, and modern systems indicate no deferred maintenance and meet current luxury standards.
Pros & Cons

Pros

Unrivaled Oceanfront Views: The residence boasts uninterrupted, breathtaking, and panoramic ocean views from floor-to-ceiling glass walls, the primary suite, and multiple decks, including a spectacular third-level deck, defining its prime appeal.
Exceptional Design & Luxury Finishes: Showcasing exceptional design and impeccable craftsmanship, the property features a seamless flow, a designer Bulthaup kitchen with state-of-the-art appliances, and well-appointed bedroom suites, reflecting high-end quality throughout.
Premium Amenities & Outdoor Living: Luxury amenities include an expansive outdoor deck with a sunken spa, a wet bar, multiple fireplaces, versatile rooms for office/gym, and an elevator servicing every floor, enhancing comfort and entertainment possibilities.
Modern Construction: Built in 2015, the property benefits from contemporary construction standards, modern architectural design, and up-to-date systems, minimizing immediate renovation needs for a luxury buyer.
Prestigious Malibu Location: Situated on Malibu Road in the highly desirable C32 - Malibu Beach area, this property offers an exclusive address in one of California's most sought-after and affluent coastal communities.

Cons

Significant Price Adjustment: The property has undergone a substantial price reduction from $23.5M to $19.995M, which could indicate initial overpricing or market resistance, potentially raising questions for prospective buyers regarding its true market value.
Exclusive Market Niche: The ultra-luxury price point and specific oceanfront location cater to a very limited buyer pool, which may result in a longer marketing period compared to properties in broader market segments.
Potential for High Ongoing Costs: While not explicitly detailed, oceanfront properties of this caliber typically entail significant ongoing maintenance expenses due to exposure to salt air, specialized luxury finishes, and the upkeep of extensive amenities like spas and multiple decks.

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