Nestled within the exclusive and historically rich Malibu Colony community, this newly designed beach-front house "Colony 88" by Saffron Case offers unparalleled luxury and privacy. Situated in a gated enclave with 24-hour security, this property spans 4,857 square feet across two levels, including a main house with three bedrooms and a detached guesthouse with an additional bedroom. Inside, find wide plank wood floors, cream plaster walls in living areas, and honed marble countertops in the chef's kitchen, which is equipped with high-end appliances, including a La Canche range and Subzero fridge. A sunny breakfast nook provides built-in seating. The living room includes a cozy fireplace, built-in bookshelves with a window seat, and a dining area. An additional family room puts the magnificent ocean views on full display. The primary bedroom suite provides exquisite oceanfront views through expansive windows and a private balcony. The attached bathroom includes a soaking tub and shower that look out to the sea.Outdoor living is equally impressive, with a spa, outdoor fireplace, fire pit, and a sunken Jacuzzi tub just steps from the sand. A grassy courtyard hosts a pizza oven and barbeque area, ideal for entertaining guests against the backdrop of ocean vistas. The deck leads directly to the beach.The detached guesthouse offers a serene retreat with its own living room, fireplace, bedroom suite, and lofted gym. A chic spiral staircase connects the two levels.Experience seamless indoor-outdoor living, enhanced with an indoor sauna. Malibu's renowned dining spots, shopping destinations like the Country Mart, and local hiking trails are moments away. This is a rare opportunity to own a piece of Malibu's coastal paradise, where luxury meets exclusivity in a coveted beachfront setting.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1957
Stories: 2
Living Area: 4,856 SqFt
Listing Office:
Office Name: The Agency
Office Phone: (424) 230-3700
Listing Agent: Sandro Dazzan
Interior Features
Interior Information:
Appliances: Gas Cooktop, Range, Refrigerator, Range Hood, Washer
Flooring Type: Wood
Fireplace: Gas
Bedroom and Bathroom Information:
Full Bathrooms: 5
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
View: Mountain(s), Ocean
Parking Information:
Parking: Door-Multi, Garage
Lot Features
Lot Information:
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: Central
Other
Directions Information:
Directions: Turn off of Malibu Road through guard gate on Malibu Colony Rd and make your first left. Contact agent for appointment gate access.
Price Information
Listing Price Info
Price Summary:
List Price: $24,995,000
Price Per SqFt: $5,147/SqFt
HOA Fees:
Amount: $441
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Malibu, CA.
This property is $21.4M more than the Median Sold Price and $3.8K/SqFt more than other homes in Malibu, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24407499
Listing Office:
Office Name: The Agency
Office Phone: (424) 230-3700
Listing Agent: Sandro Dazzan
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/15/2024, 4:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$125.2K
Per Month
Principal & Interest
$124.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$441
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$75K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
John L. Webster Elementary School
3602 Winter Canyon Rd
Distance between this listing and this school0.85 miles
Public District Grades KG-5
7
/10
Topanga Elementary Charter School
22075 Topanga School Rd
Distance between this listing and this school6.30 miles
Public Charter Grades KG-5
8
/10
Point Dume Marine Science School
6955 Fernhill Dr
Distance between this listing and this school6.77 miles
Public District Grades KG-5
Nearby Schools
8
/10
Arthur E. Wright Middle School
4029 Las Virgenes Rd
Distance between this listing and this school7.13 miles
Public District Grades 6-8
7
/10
Malibu Middle School
30237 Morning View Dr
Distance between this listing and this school8.06 miles
Public District Grades 6-8
6
/10
Alice C. Stelle Middle School
22450 Mulholland Hwy
Distance between this listing and this school8.72 miles
Public District Grades 6-8
Nearby Schools
8
/10
Malibu High School
30215 Morning View Dr
Distance between this listing and this school8.06 miles
Public District Grades 6-12
9
/10
Calabasas High School
22855 Mulholland Hwy
Distance between this listing and this school8.15 miles
Public District Grades 9-12
8
/10
Palisades Charter High School
15777 Bowdoin St
Distance between this listing and this school8.95 miles
The neighbors living near this home have an average income of $116,422. The most common annual income of people living in Malibu, CA is between $100k-200k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 23456 Malibu Colony Rd Unit 88
What is the listing price of this property?
The listing price of 23456 Malibu Colony Rd Unit 88 property is $24,995,000.
What type of property is this?
The property 23456 Malibu Colony Rd Unit 88 is a house located in Malibu, California, 90265.
Is this property for sale now?
Active Listing: 23456 Malibu Colony Rd Unit 88 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 23456 Malibu Colony Rd Unit 88 has 4 bedrooms and 5 bathrooms.
What is the square footage of this property?
The property 23456 Malibu Colony Rd Unit 88 is 4,856 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 23456 Malibu Colony Rd Unit 88 is 1957.
Interested in 23456 Malibu Colony Rd Unit 88? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 23456 Malibu Colony Rd Unit 88 in Malibu, CA and zip code 90265 in the Malibu Colony neighborhood. This 4,856 square foot home, which was built in 1957, sits on a 0.15 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $24,995,000.
In October 2024 more than 2 listings in Malibu, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 6 were sold below. Between September 2024 and October 2024, Malibu, CA real estate market has seen increase in the number of listings by 9.8%. While the average time on the market in October 2024 was 98 days, the median list price was $3,500,000.
From Rocket Homes Real Estate and based on county public records data.