
Malibu, California 90265
This Turnkey Oceanfront Sanctuary is a Strong Value Opportunity, listed at $8,795,000—positioned well below the $9,604,055 Fair Market Value by 8%. This valuation gap offers $809,055 in Instant Equity for the discerning buyer. Featuring a Mint Condition Rating, the residence boasts a newly appointed kitchen, vaulted wood-beam ceilings, and panoramic ocean views from an expansive deck. This rare, gated coastal estate is the ideal acquisition for Luxury Homeowners or High-Net-Worth Investors seeking a premier Malibu beachfront lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24742 Malibu Road Subject | $8,795,000* List Price | 2 | 2 | 1,250 | $7,683 | - |
A 24956 Malibu Road Active | $10,950,000 List Price | 2 | 3 | 1,499 | $7,305 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1951, the property has undergone a high-end, modern renovation. The interior is in mint, move-in-ready condition with a newly appointed kitchen featuring custom cabinetry and premium appliances, updated hardwood floors, and modern recessed lighting, fitting the criteria for a recent renovation under 5 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7499, living area = 1250.
The property features approximately 300 feet of ocean frontage on a prime sandy stretch of Malibu Road, offering a rare scale and direct beach access that is highly coveted.
The inclusion of an adjacent parcel creates over an acre of land, providing a level of privacy and outdoor entertaining space that is virtually unmatched in this beachfront community.
At just 1,250 square feet with only two bedrooms, the home's modest footprint may not accommodate buyers looking for a larger family estate or significant guest quarters.
The list price represents an extremely high cost per square foot, which places a heavy premium on the land value and frontage rather than the habitable structure itself.
This rare Malibu Road offering is situated within one of Malibu's most sought-after beachfront communities. A beautifully renovated oceanfront residence and adjacent parcel combine to create over an acre of land with approximately 300 feet of ocean frontage. Set behind gates on a desirable sandy stretch of beach, the move-in-ready home offers exceptional privacy, panoramic ocean views and direct beach access. Vaulted ceilings with exposed wood beams and rich hardwood floors enhance the open-concept interior, where the newly appointed kitchen features custom cabinetry, high-end appliances, bar seating and seamless flow into the dining and living areas. Walls of glass open to an expansive wraparound deck, while a dramatic floor-to-ceiling stone fireplace anchors the living room. The spacious primary suite includes a walk-in closet and private bath, while the guest suite enjoys ocean views and private bath. The included neighboring parcel provides extraordinary additional outdoor space for entertaining, offering a level of privacy and scale rarely found along the Malibu coastline. Moments from world-class dining, shopping and the best of Malibu, this exceptional property captures coastal living at its finest.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.3 |
| Baths | 2.0 | 3.7 |
| Square foot | 1,250 | 2,959.4 |
| Lot Size | 7,499 | 37,912.886 |
| Price | $8.79M | $4.17M |
| Price per sq ft | $7.0K | $1.3K |
| Built year | 1951 | 1977 |
| HOA | $0 | $1.3K |
| Days on market | 19 | 102 |
Aug 21, 2026
$8,795,000
Initial Listing
Dec 19, 2017
$5,125,000
Public Record