
Malibu, California 90265
This Turnkey Oceanfront Residence is a Strong Value Opportunity, listed at $13,495,000—positioned well below the $14,472,827 Fair Market Value by 6%. This valuation gap offers $977,827 in Instant Equity for the discerning buyer. Boasting an Excellent Condition Rating following a 2021 high-end remodel, the home features a chef's kitchen, panoramic ocean views, and a rare three-car garage. With permitted plans already in place to expand the bedroom count, this property balances immediate luxury with significant appreciation potential. It is an ideal acquisition for Owner-Occupants seeking a coastal sanctuary or Luxury Investors looking to maximize a prime Malibu asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24548 Malibu Road Subject | $13,495,000* List Price | 2 | 4 | 3,395 | $4,263 | - |
A 25002 Malibu Road Active | $17,500,000 List Price | 2 | 4 | 4,358 | $4,016 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive high-end renovation in 2021, placing it well within the 5-year window for an excellent rating. It features a modern chef's kitchen with premium stone surfaces and integrated appliances, designer light fixtures, and spa-like bathrooms with freestanding tubs and contemporary black hardware. The interior showcases high-quality wood beams, wide-plank flooring, and floor-to-ceiling glass sliders, all of which appear in pristine, like-new condition with no signs of physical depreciation.
Situated on a coveted sandy stretch of Malibu Road, this property offers direct beach access and unobstructed panoramic ocean views from nearly every room.
Fully renovated in 2021, the home features high-end finishes, a chef's kitchen, and a dedicated primary level, providing a contemporary luxury lifestyle.
Boasting a three-car garage and a large driveway, the property also includes permitted plans to convert the guest suite into two separate bedrooms.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3395, other record living area = 2681. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With only two existing bedrooms, the current layout may not accommodate larger families or those requiring multiple guest rooms without immediate construction.
At a list price of $13.495M for a two-bedroom configuration, the property represents a significant investment relative to its current sleeping capacity.
Fully remodeled in 2021, this oceanfront residence is set along a coveted sandy stretch of Malibu Road, offering the ultimate coastal lifestyle. Designed for effortless entertaining, the home is entered through a private courtyard into an expansive great room featuring a fireplace and a high-end chef's kitchen, all oriented toward sweeping ocean views. The entire second level is dedicated to the serene primary suite, complete with floor-to-ceiling sliders framing panoramic views from every angle - including the spa-like bath with a two-person shower and soaking tub. A secondary suite is conveniently located on the main level, ideal for guests. Additional highlights include a three-car garage and a generous driveway providing ample parking. Seller has fully permitted architectural plans to convert the downstairs suite into two bedrooms each with their own bathroom.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 13% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,395 | 2,752 | 59% |
| Lot Size | 7,147 | 18,559.5 | 25% |
| Price | $13.49M | $3.77M | 94% |
| Price per sq ft | $4.0K | $1.3K | 97% |
| Built year | 1971 | 1979 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 226 | 2% |
Mar 25, 2026
$13,495,000
Initial Listing
Jun 8, 2023
$11,900,000
Public Record
Aug 19, 2019
$8,462,500
Public Record