
Malibu, California 90265
This Architectural Masterpiece by Ray Kappe represents a High-Potential Investment Opportunity, listed at a List Price of $13,000,000—positioned well below the $13,000,000 Fair Market Value. While the property has experienced significant price adjustments, its Good Condition Rating and prime location on the Sandy Section of Malibu Road offer rare, direct beach access. Featuring a newly refreshed studio apartment, floor-to-ceiling glass, and expansive oceanfront decks, this home is an ideal acquisition for Luxury Homeowners or Architectural Collectors seeking a soulful, coastal retreat.
Property is move-in ready.
While built in 1969, this Ray Kappe architectural home is exceptionally well-maintained and functional. It features a newly refreshed studio apartment with new hardwood floors and a gourmet kitchen. The high-end finishes, including marble bars and a sleek elevator, ensure it is move-in ready, though the overall age of the structure and primary systems places it in the 'Good' category rather than 'Excellent'.
Designed by renowned architect Ray Kappe, this property is a masterpiece of Southern California modernism, offering significant historical and design value for luxury collectors.
Situated on the exclusive 'Sandy Section' of Malibu Road, the home offers rare, direct beach access and dramatic views of the Pacific, Catalina Island, and the coastline.
The open floor plan features floor-to-ceiling glass and expansive oceanfront decks, maximizing natural light and providing an effortless flow for coastal entertaining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property has undergone multiple substantial price reductions from an initial $19.995M to $13M, indicating a challenging market position or previous overvaluation.
With over 200 days on the market, the listing may be perceived as stale by prospective buyers, potentially impacting its perceived desirability or negotiating leverage.
This architectural masterpiece, envisioned by renowned architect Ray Kappe, a pioneer of Southern California modernism and SCI-Arc founder exemplifies timeless coastal design. Located on Malibu Road's exclusive Sandy Section, it enjoys prime beachfront positioning with dramatic natural rock formations and offshore reefs framing endless Pacific and coastline views.The open floor plan maximizes ocean vistas from every angle: gourmet kitchen, dining area, sitting spaces, and a striking double-height living room featuring floor-to-ceiling glass, central fireplace, sleek elevator, and expansive marble bar all flowing seamlessly to generous oceanfront decks for effortless indoor-outdoor living.The luxurious oceanfront primary suite spans the entire second-story width (street-entry level), offering a private sanctuary with its own marble bar, cozy fireplace, sitting area, and direct deck access to unobstructed sea panoramas. Off the primary suite is a convertible third bedroom with full bath and closet .Downstairs, a spacious, newly refreshed studio apartment provides independent quarters ideal for guests or family: new hardwood floors, full kitchen, bathroom, living room, bedroom, and versatile gym/family room.A rare opportunity to own a piece of Malibu heritage Kappe's visionary fusion of clean lines, natural materials, and profound site integration creates an enduring, soulful beach retreat for those who value exceptional, thoughtful design.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.3 |
| Baths | 4.0 | 3.7 |
| Square foot | 4,358 | 2,959.4 |
| Lot Size | 7,783 | 37,912.886 |
| Price | $13.00M | $4.17M |
| Price per sq ft | $3.0K | $1.3K |
| Built year | 1969 | 1977 |
| HOA | $0 | $1.3K |
| Days on market | 219 | 102 |
Jul 21, 2026
$13,000,000
$14,995,000
-13% Price Drop
Initial Listing
May 28, 2026
$14,995,000
$15,995,000
-6% Price Drop
Initial Listing
May 8, 2026
$15,995,000
$17,500,000
-9% Price Drop
Initial Listing
Mar 26, 2026
$17,500,000
$19,995,000
-12% Price Drop
Initial Listing
Feb 2, 2026
$19,995,000
Initial Listing
Feb 27, 2023
$15,520,000
Public Record