4 months on rocket

24834 Pacific Coast Hwy, Malibu, CA, 90265

$36,500,000

5 Bedrooms
5 Full Baths, 3 Partial
10,000 SqFt
$3,650/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Electric Gate, Garage, Garage Door Opener, Guest, Private, RV Access/Parking, Uncovered
Garage4 spaces
Year Built2016
HeatingCentral
CoolingCentral Air
BasementYes
FireplaceFamily Room, Great Room, Library, Living Room
ViewIsland, City Lights, Other, Mountain(s), Ocean, Panoramic, Pool
Private PoolYes
MLS #24412427
Lot Size1.22 Acres
StatusActive

About 24834 Pacific Coast Hwy

With breathtaking views, Bali-inspired design, and every contemporary comfort, this magnificent estate is a serene sanctuary for exquisite living and impressive entertaining. The private, gated property of over 1.2 acres extends from PCH to Malibu Road, perfectly landscaped and commanding expansive ocean views. A long palm-lined drive leads past a two-story, two-bedroom guesthouse, a lighted north-south tennis court and pavilion, and a fountain, waterfall, and gardens before arriving at the enormous motor court and four-car garage. A dramatic gateway and long, serene palm-lined reflecting pool lead between the wings of the U-shaped house to the gorgeous double-door entry. With interiors designed by Martyn Lawrence Bullard and stunning sight-lines to the ocean, the house is detailed with ornate wood carving, very tall beamed ceilings, wood and stone floors, and full-width exterior doors that vanish to offer seamless flow between indoors and out. The entry steps down to the formal living room, which includes a generous dining area, a pair of facing fireplaces, and a wall of glass that opens onto a roomy patio with a fireplace, stunning ocean view, and a nearby fountain and barbecue island. Adjoining the living room is a spectacular ocean-view great room that includes a family room with fireplace, dining area, and a gourmet kitchen with a huge stone-topped island with seating, deeply recessed tray ceilings, beautiful cabinetry, and a pantry. One wing of the house has two bedrooms and a laundry room. The other wing features a majestic ocean-view owner's retreat with high wood beamed ceilings, beautiful wall coverings, wood floors, and a wide glass doorway opening to a tranquil covered patio. A hallway leads to a luxurious bath, two very large closets/dressing areas, and, at the end of the hall, a resplendent Bali-inspired library/study with high coved ceilings, a wall of built-in book shelves and cabinets, a fireplace, and doors to the patio and to a private sitting area. The home's lower level features a party-perfect bar room highlighted with ornate metalwork that encloses a large wine storage area. The bar extends into a spacious tiered home projection theater. A long hallway leads to a second powder room, a changing room, and another bar, which opens to the lower patio, spa, sitting areas, and lawns, as well as the infinity ozone pool, patio, cabana, and private steps to Malibu Road and access to the beach/ocean. With Crestron electronics and full-house water filtration, this remarkable estate is a livable legacy.

Property Details

Property Features

Property Information:

  • Architectural Style: See Remarks
  • Year Built: 2016
  • Stories: 1
  • Living Area: 10,000 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Basya Gradon

Interior Features

Interior Information:

  • Appliances: Convection Oven, Double Oven, Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Range Hood, Water Purifier
  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Beamed Ceilings, Wet Bar, Breakfast Bar, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Living Room Deck Attached, Open Floorplan, Phone System, Recessed Lighting, See Remarks, Storage, Two Story Ceilings, Bar, Wood Product Walls, Dressing Area, Utility Room, Walk-In Pantry, Wine Cellar, Walk-In Closet(s)
  • Fireplace: Family Room, Great Room, Library, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Island, City Lights, Other, Mountain(s), Ocean, Panoramic, Pool

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Driveway, Electric Gate, Garage, Garage Door Opener, Guest, Private, RV Access/Parking, Uncovered

Lot Features

Lot Information:

  • Lot: Bluff, Back Yard, Front Yard, Lawn, Landscaped
  • Lot Size: 1.22 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Pacific Coast Highway to Address.

Price Information

Listing Price Info

Price Summary:

  • List Price: $36,500,000
  • Price Per SqFt: $3,650/SqFt
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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

24834 Pacific Coast Hwy vs Malibu

129 DAYS ON ROCKET

+31 Days

$36,500,000

+$33.0M More

$3,650/SqFt

+$2.3K More

KEY TAKEAWAY

This property is $33.0M more than the Median Sold Price and $2.3K/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: #24412427

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Basya Gradon

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, 3:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 23, 2007Home Sold
$10,000,000
May 23, 2007Home Sold
$10,000,000
Aug 30, 2004Home Sold
$6,150,000
Aug 30, 2004Home Sold
$6,150,000
Sep 15, 1993Home Sold
$4,950,000
Sep 15, 1993Home Sold
$4,950,000

History based on county public records data.

Payment Calculator

$182.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$109.4K

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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-479641
8
/10
  • John L. Webster Elementary School

  • 3602 Winter Canyon Rd

  • 1.13 miles

  • Public District Grades KG-5

school-card-donut-479642
8
/10
  • Point Dume Marine Science School

  • 6955 Fernhill Dr

  • 5.09 miles

  • Public District Grades KG-5

school-card-donut-479643
7
/10
  • Topanga Elementary Charter School

  • 22075 Topanga School Rd

  • 7.66 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $144,318. Typical income of Malibu, CA residents is $200k+ annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 24834 Pacific Coast Hwy

What is the listing price of this property?

The listing price of 24834 Pacific Coast Hwy property is $36,500,000.

What type of property is this?

The property 24834 Pacific Coast Hwy is a house located in Malibu, California, 90265.

Is this property for sale now?

Active Listing: 24834 Pacific Coast Hwy is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on May 23, 2007 for $10,000,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 24834 Pacific Coast Hwy has 5 bedrooms and 5 full and 3 half bathrooms.

What is the square footage of this property?

The property 24834 Pacific Coast Hwy is 10,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 24834 Pacific Coast Hwy is 2016.
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Rocket HomesCaliforniaLos Angeles CountyMalibu9026524834 Pacific Coast Hwy

This home is located at 24834 Pacific Coast Hwy in Malibu, CA and zip code 90265. This 10,000 square foot home, which was built in 2016, sits on a 1.22 acre lot. Features: 5 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since July 09, 2024 and is currently priced at $36,500,000.

While more than 2 listings in Malibu, CA in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 6 were sold below. The inventory of homes for sale in Malibu, CA between September 2024 and October 2024 increased 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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