24680 Malibu Road, Malibu, California 90265, Malibu, 90265 - 5 bed, 6 bath

24680 Malibu Road, Malibu, California 90265 home-pic-0

24680 Malibu Road

Malibu, California 90265

ACTIVE UNDER CONTRACT
CONDITION: GOOD
5Beds
6Baths
3,565Sq Ft
6,741Lot Size

Property Price

LIST PRICE$10,850,000
EST. MARKET VALUE
$10,850,000

SUMMARY

Analysis of 24680 Malibu Road, Malibu, California 90265 reveals a Fairly Priced Property with a current list price of $10,850,000  aligned with the estimated $10,850,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Malibu Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$10,850,000
Based on Realkey algorithm analyzing recent comparable sales in Malibu.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This property, built in 1979, has clearly undergone extensive, high-quality renovations, making it move-in ready with no immediate repairs needed. The kitchen boasts top-tier appliances (Viking, Subzero, Miele), granite counters, and wood floors, indicating a significant upgrade. Bathrooms feature stone counters, custom vanities, jetted tubs, and tiled showers, all suggesting luxury and good maintenance. Modern systems like central AC/heating and a tankless water heater are present, along with a dedicated elevator. While the overall aesthetic, particularly the kitchen cabinetry and granite, and some bathroom styles, appears to be from a renovation likely 10-20 years ago rather than within the last 5 years, the quality of materials and maintenance is high. This aligns well with the 'Good' criteria of being extensively renovated within 5 to 15 years (or slightly older but still very well-maintained), with systems functional and minimal wear and tear, but not a full recent renovation to the absolute latest trends.

PROSSTRENGTHS & OPPORTUNITIES

  • Unparalleled Oceanfront Location & Views

    The property boasts direct beach access and offers sweeping panoramic views of the Pacific Ocean, coastline, Catalina Island, and city lights from nearly every room and multiple expansive decks.

  • Gourmet Chef's Kitchen

    The chef's kitchen is fully equipped with top-of-the-line Viking and Subzero appliances, granite counters, an illuminated stone backsplash, a large island with a prep sink, and a breakfast bar, designed for culinary excellence.

  • Luxurious Primary Suite

    The primary suite provides opulent comfort with a private ocean-view deck, gas fireplace, vaulted wood-beamed ceilings, and an en-suite bathroom featuring a jetted tub, dual showerheads, and an oversized walk-in closet.

CONSRISKS & DEFICIENCIES

  • Age of Property (1979)

    Despite modern updates, the 1979 construction year suggests that some underlying systems or structural elements may eventually require attention or may not align with the latest building codes and energy efficiency standards.

  • High Maintenance for Oceanfront Exposure

    Direct oceanfront living, particularly with multiple decks and beach access, typically incurs higher ongoing maintenance costs due to constant exposure to salt air, potential erosion, and coastal weather elements.

  • Limited Lot Size for Malibu Standards

    With a lot size of 6,741 sqft, while sufficient for the residence, it may be considered relatively modest for a luxury Malibu property, potentially limiting expansive outdoor recreational space beyond the existing decks.

About 24680 Malibu Road

Step through the grand double-door entry into a sunlit foyer where sweeping ocean views unfold before you. Rich wood floors set a warm and inviting tone, while the natural beauty of the Pacific is immediately on display. To the left, a stylish powder room offers stone counters, a custom vanity, and a sleek sink, creating an ideal space for guests to refresh. Descending just a few steps, the home opens into a stunning sunken living room with soaring vaulted ceilings adorned with exposed wood beams and skylights that bathe the space in light. A striking fireplace creates a cozy focal point, while a sophisticated wet bar with granite counters, built-in cabinetry, and a bar sink elevates the space for entertaining. Accordion-style sliding glass doors dissolve the boundary between indoors and out, revealing an expansive oceanfront deck with glass railings. From here, panoramic coastline views stretch from the sands below to the distant skyline of Los Angeles. To the right of the foyer, the chef's kitchen impresses with a blend of modern amenities and timeless design. Recessed lighting highlights the wood floors, granite counters, and an illuminated stone backsplash. A six-burner Viking range with double ovens, a Viking hood fan, Subzero fridge and freezer, and Miele microwave make this kitchen fully equipped for culinary excellence. A large island with built-in storage and a prep sink anchors the space, complemented by a granite breakfast bar. The kitchen flows seamlessly into the formal dining area, where sliding glass doors open to a second deck, once again framing those incredible ocean vistas.Throughout the home, modern conveniences abound, including central air conditioning and heating, a tankless water heater, and direct access to the two-car garage.Upstairs, a skylight brightens the hallway leading to a spacious guest bedroom, where vaulted wood-beamed ceilings, a ceiling fan, and generous natural light create a peaceful retreat. This room includes a walk-in closet and an en suite bathroom with tile floors, a vanity, and a shower over tub. Across the hall, the primary suite offers luxurious comfort, complete with plush carpet flooring, stained glass accents, vaulted wood-beamed ceilings, and a gas fireplace. Sliding glass doors open to a private deck overlooking the ocean. The en suite bathroom features a built-in jetted tub, a spacious walk-in shower with dual showerheads, a private water closet, and an oversized walk-in closet, while an additional door conveniently accesses the garage level. The lower level reveals additional living space with wood floors, recessed lighting, and more ocean views. A secondary family room opens directly to another oceanfront deck. To the right, a bedroom with high ceilings and direct deck access features an en suite bath with wood floors, a mirrored closet, and a tiled shower. Another guest bedroom across the hall offers sliding glass doors to the deck, wood floors, recessed lighting, and mirrored closet doors. A Jack and Jill en suite bathroom, complete with stone counters, a vanity, and a tiled shower stall, connects the two rooms.Nearby, a laundry area with a stacked washer and dryer is tucked behind a sliding wood door and leads to a recreation space with a ping-pong table and additional storage with mirrored closets.For ultimate privacy, a separate guest suite completes the lower level, offering wood floors, a kitchenette, dining area, and sliding glass doors to a private ocean-view deck with beach access. The guest bedroom includes a mix of wood floors and soft carpeting, a walk-in closet, and an en suite bath with a walk-in shower and vanity. A dedicated elevator connects every level of this thoughtfully designed residence, where luxury meets comfort and spectacular coastal scenery surrounds you at every turn.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1979
Lot Size
6,741 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
6 (6 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
73%
Baths6.04.0
84%
Square foot3,5652,981
64%
Lot Size6,74116,910
15%
Price$10.85M$4.00M
84%
Price per sq ft$3.0K$1.3K
88%
Built year19791978
51%
HOA$0$0
50%
Days on market346221
84%

Pricing History

Listed for Sale

Aug 26, 2025

$10,850,000

Initial Listing

Price Change

Mar 25, 2025

$12,500,000

Initial Listing

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