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24956 Malibu Road, Malibu, California 90265, Malibu, 90265 - 2 bed, 3 bath

24956 Malibu Road, Malibu, California 90265 home-pic-0
ACTIVE$11,000,000$1,499/sqft
24956 Malibu Road, Malibu, California 90265
2Beds
3Baths
1,499Sqft
8,086Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8086, living area = 1499.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.

Compared to the nearby listings

Price:$11.00M vs avg $4.35M (+$6,650,000)82%
Size:1,499 sqft vs avg 2,564 sqft17%
Price/sqft:$7.3K vs avg $1.3K96%

More Insights

Built in 1959 (67 years old).
Condition: Despite being built in 1959, this property has undergone an extensive, high-quality modern renovation. The 'sleek chef's kitchen' features modern cement countertops and professional-grade stainless steel appliances, while the 'luxurious bath' boasts a freestanding tub and walk-in shower, all reflecting current design trends and virtually new condition. The overall interior, with its polished concrete-like flooring, modern light fixtures, and open-plan design, presents as fully updated with no visible deferred maintenance.
Year Built
1959
Close
-
List price
$11M
Original List price
$11M
Price/Sqft
$7,338
HOA
-
Days on market
-
Sold On
-
MLS number
26635647
Home ConditionExcellent
Features
Excellent View: City Lights, Coastline, Mountain(s), Ocean, Panoramic, Water
Deck
Spa
ViewCity Lights,Coastline,Mountain(s),Ocean,Panoramic,Water

About this home

Discover coastal luxury at its finest with this exceptional Malibu Road beach house. Walk into this home and take in the breathtaking views of the ocean and iconic 'waterfall rock.' This property offers unrivaled privacy and direct access to one of Malibu Road's most premier stretches of sand. The main residence boasts a bright, airy interior with walls of glass that frame stunning ocean views creating a relaxing atmosphere of elevated elegance and modern charm. An open-plan living area complimented with an expansive dining area and oversized fireplace flows seamlessly to a sweeping deck perfect for viewing the sunset over Point Dume. The sleek chef's kitchen boasts modern cement countertops, exposed beam ceilings, and is conveniently complemented by a nearby guest bathroom. The primary suite opens to the courtyard enhancing the serene flow of indoor-outdoor living, while the luxurious bath features a freestanding tub and a walk-in shower. The detached guest house provides a private retreat with its own bedroom, bathroom, and ocean-view balcony ideal for guests or an office. Outdoor amenities include a beautifully crafted wooden deck with a sunken wood jacuzzi surrounded by lush gardens, bamboo, an outdoor shower and an expansive built in BBQ area creating a tranquil and tropical entertaining oasis. Other features include a 2-car garage as well as a driveway with space for an additional 2 cars. Experience the best version of beachside living Malibu has to offer with this unparalleled Malibu Road property, where every detail has been designed to offer the finest in beachside luxury.

C
Christopher Cortazzo
Listing Agent

Price History

Date
Event
Price
05/31/18
Sold
$9,724,500
Condition Rating
Excellent
Despite being built in 1959, this property has undergone an extensive, high-quality modern renovation. The 'sleek chef's kitchen' features modern cement countertops and professional-grade stainless steel appliances, while the 'luxurious bath' boasts a freestanding tub and walk-in shower, all reflecting current design trends and virtually new condition. The overall interior, with its polished concrete-like flooring, modern light fixtures, and open-plan design, presents as fully updated with no visible deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8086, living area = 1499.
Prime Beachfront Location & Direct Access: Situated on Malibu Road, this property offers unrivaled privacy and direct access to one of Malibu's most premier stretches of sand, a highly coveted feature.
Breathtaking Ocean Views: The home boasts stunning, panoramic ocean views, including the iconic 'waterfall rock,' visible from walls of glass and a sweeping deck, enhancing its luxury appeal.
Detached Guest House: A private detached guest house with its own bedroom, bathroom, and ocean-view balcony provides versatile space for guests or a dedicated office.
Luxurious Outdoor Entertaining Oasis: Outdoor amenities include a beautifully crafted wooden deck, sunken wood jacuzzi, lush gardens, outdoor shower, and an expansive built-in BBQ area, perfect for entertaining.
Modern & Elegant Interior Design: The interior features a bright, airy open-plan design with walls of glass, a sleek chef's kitchen with modern cement countertops, and a luxurious primary bath, reflecting elevated elegance.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
Limited Square Footage for Price Point: At 1499 sqft, the interior living space may be considered modest for an $11 million luxury property in Malibu, potentially limiting extensive indoor accommodation.
Original Build Year (1959): While updated, the 1959 build year could imply potential for older underlying infrastructure that may require future maintenance or upgrades beyond cosmetic renovations.
Fewer Bedrooms for Luxury Segment: With only 2 bedrooms (including the guest house), the property might not cater to buyers seeking a larger number of bedrooms for family or frequent guests at this price point.
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