4 months on rocket

23456 Malibu Colony Rd Unit 88, Malibu, CA, 90265

$24,995,000

4 Bedrooms
5 Full Baths
4,856 SqFt
$5,147/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Garage
Year Built1957
HeatingCentral
FireplaceGas
ViewMountain(s), Ocean
MLS #24407499
Lot Size0.15 Acres
StatusActive

About 23456 Malibu Colony Rd Unit 88

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
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Housing Market Comparison

See how this home compares to others in Malibu, CA.

Med. Sold Price

$3.5M

Med. Price/SqFt

$1,316

Avg. Days On Market

98

# of Sold Homes

11

23456 Malibu Colony Rd Unit 88 vs Malibu

144 DAYS ON ROCKET

+46 Days

$24,995,000

+$21.4M More

$5,147/SqFt

+$3.8K More

KEY TAKEAWAY

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

IDX 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

$125.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$75K

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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.

Nearby Schools

school-card-donut-572197
8
/10
  • John L. Webster Elementary School

  • 3602 Winter Canyon Rd

  • 0.85 miles

  • Public District Grades KG-5

school-card-donut-572198
7
/10
  • Topanga Elementary Charter School

  • 22075 Topanga School Rd

  • 6.30 miles

  • Public Charter Grades KG-5

school-card-donut-572199
8
/10
  • Point Dume Marine Science School

  • 6955 Fernhill Dr

  • 6.77 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

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.
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Rocket HomesCaliforniaLos Angeles CountyMalibu9026523456 Malibu Colony Rd Unit 88

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.

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