3 months on rocket

24956 Malibu Rd, Malibu, CA, 90265

$11,995,000

2 Bedrooms
3 Full Baths
1,499 SqFt
$8,002/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Door-Multi, Driveway, Garage, Garage Door Opener, Guest, Private, One Space, On Street, Unassigned, Uncovered
Garage2 spaces
Year Built1959
HeatingCentral
WaterfrontOcean Front
FireplaceGreat Room
ViewCity Lights, Other, Mountain(s), Ocean, Panoramic, Water
MLS #24440523
Lot Size0.19 Acres
StatusActive

About 24956 Malibu Rd

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern
  • Year Built: 1959
  • Stories: 1
  • Living Area: 1,499 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5744
  • Listing Agent: Christopher Cortazzo

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Disposal, Range, Refrigerator, Range Hood
  • Flooring Type: Wood
  • Interior: Beamed Ceilings, Separate/Formal Dining Room, High Ceilings, Living Room Deck Attached, Recessed Lighting, Walk-In Closet(s)
  • Fireplace: Great Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Ocean Front
  • View: City Lights, Other, Mountain(s), Ocean, Panoramic, Water

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Covered, Door-Multi, Driveway, Garage, Garage Door Opener, Guest, Private, One Space, On Street, Unassigned, Uncovered

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central

Other

Directions Information:

  • Directions: Pacific Coast Highway to Webb Way. Turn onto Malibu Road and arrive at destination.

Price Information

Listing Price Info

Price Summary:

  • List Price: $11,995,000
  • Price Per SqFt: $8,002/SqFt

Tax Information:

  • Annual Amount: $118,606
  • Tax Year: 2021
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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

$1,281

Avg. Days On Market

89

# of Sold Homes

16

24956 Malibu Rd vs Malibu

92 DAYS ON ROCKET

+3 Days

$11,995,000

+$8.4M More

$8,002/SqFt

+$6.7K More

KEY TAKEAWAY

This property is $8.4M more than the Median Sold Price and $6.7K/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: #24440523

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5744
  • Listing Agent: Christopher Cortazzo

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: 12/18/2024, 5:15:57 AM 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 31, 2018Home Sold
$9,724,500
Nov 13, 2014Home Sold
$8,400,000

Tax History

YEARPROP. TAXASSESSMENT
2021$118,606$10,222,710
2020$116,315$10,117,890
2019$100,917$9,919,500
2018$100,507$8,872,634
2017$100,507$8,698,662

History based on county public records data.

Payment Calculator

$59.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$36K

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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-4402355
8
/10
  • John L. Webster Elementary School

  • 3602 Winter Canyon Rd

  • 1.29 miles

  • Public District Grades KG-5

school-card-donut-4402356
8
/10
  • Point Dume Marine Science School

  • 6955 Fernhill Dr

  • 4.93 miles

  • Public District Grades KG-5

school-card-donut-4402357
7
/10
  • Topanga Elementary Charter School

  • 22075 Topanga School Rd

  • 7.82 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. The majority of Malibu, CA residents have income $200k+ annually. The most common type of family is 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 24956 Malibu Rd

What is the listing price of this property?

The listing price of 24956 Malibu Rd property is $11,995,000.

What type of property is this?

The property 24956 Malibu Rd is a house located in Malibu, California, 90265.

Is this property for sale now?

Active Listing: 24956 Malibu Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $118,606 (source: MLS/based on county public records data).

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

The last sale was on May 31, 2018 for $9,724,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 24956 Malibu Rd has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 24956 Malibu Rd is 1,499 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 24956 Malibu Rd is 1959.
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Rocket HomesCaliforniaLos Angeles CountyMalibu9026524956 Malibu Rd

This home is located at 24956 Malibu Rd in Malibu, CA and zip code 90265. This 1,499 square foot home, which was built in 1959, sits on a 0.19 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $11,995,000.

While more than 2 listings in Malibu, CA in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 13 were sold below. In November 2024 in Malibu, CA there were 8.9% more homes for sale than in October 2024. While the average time on the market in November 2024 was 89 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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