19 days on rocket

31454 Broad Beach Rd, Malibu, CA, 90265

$20,500,000

7 Bedrooms
7 Full Baths, 1 Partial
8,795 SqFt
$2,331/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Garage
Attached Garage3 spaces
Year Built1992
HeatingCentral
CoolingCentral Air
WaterfrontOcean Front
FireplaceLiving Room, Primary Bedroom
ViewOcean, Water
Private PoolYes
MLS #24464781
Lot Size0.26 Acres
StatusActive

About 31454 Broad Beach Rd

Welcome to 31454 Broad Beach Rd a rare gem on the prestigious western Broad Beach enclave, offering 50 feet of beach frontage and expansive ocean views. This 7-bedroom, 7.5-bathroom architectural home spans approx. 8,800 sq. ft. across four levels, featuring an elevator, sweeping ocean-view decks, and a private infinity-edge pool and spa beautifully positioned near the shoreline. The main living spaces include a gourmet kitchen, spacious living room, and dining area, seamlessly connecting to a stunning outdoor deck through sliding glass doors that disappear to showcase breathtaking coastline views. The thoughtfully designed interiors include a THX-certified theater, a 2,500-bottle wine cellar with a dedicated tasting room, and a gym/recording studio. Retreat to the luxurious primary suite with a sitting area, grand fireplace, and a spa-like marble bathroom with dual showers. Seller completed a multi-million dollar remodel in 2017. This tranquil Malibu beach home also offers a unique investment opportunity with an existing tenant providing potential long-term income and 1031 exchange eligibility. Creative deal structures, including seller financing, are available.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1992
  • Stories: 4
  • Living Area: 8,795 SqFt

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (310) 456-6431
  • Listing Agent: Wailani O'Herlihy

Interior Features

Interior Information:

  • Appliances: Dishwasher, Oven, Range, Refrigerator, Range Hood
  • Flooring Type: Carpet, Wood
  • Interior: Wet Bar, Breakfast Bar, Balcony, Separate/Formal Dining Room, Elevator, Furnished, High Ceilings, Open Floorplan, Bar, Wine Cellar, Walk-In Closet(s)
  • Fireplace: Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 7
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Ocean Front
  • View: Ocean, Water

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Garage

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: West on PCH past Zuma Beach then left on Broad Beach Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $20,500,000
  • Price Per SqFt: $2,331/SqFt

Tax Information:

  • Annual Amount: $71,555
  • 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

31454 Broad Beach Rd vs Malibu

19 DAYS ON ROCKET

-70 Days

$20,500,000

+$17.0M More

$2,331/SqFt

+$1K More

KEY TAKEAWAY

This property is $17.0M more than the Median Sold Price and $1K/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: #24464781

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (310) 456-6431
  • Listing Agent: Wailani O'Herlihy

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, 1:20:58 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

Aug 18, 1995Home Sold
$3,300,000
Nov 09, 1988Home Sold
$2,700,000

Tax History

YEARPROP. TAXASSESSMENT
2021$71,555$5,083,960
2020$69,720$5,031,831
2019$66,574$4,933,169
2018$65,135$4,836,441
2017$65,135$4,741,610

History based on county public records data.

Payment Calculator

$102.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$61.5K

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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-4310832
8
/10
  • Point Dume Marine Science School

  • 6955 Fernhill Dr

  • 3.65 miles

  • Public District Grades KG-5

school-card-donut-4310833
7
/10
  • Westlake Elementary School

  • 1571 E Potrero Rd

  • 7.49 miles

  • Public District Grades KG-5

school-card-donut-4310834
9
/10
  • White Oak Elementary School

  • 31761 Village School Rd

  • 7.95 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,429. The most common annual income of people living in Malibu, CA is between $100k-200k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 31454 Broad Beach Rd

What is the listing price of this property?

The listing price of 31454 Broad Beach Rd property is $20,500,000.

What type of property is this?

The property 31454 Broad Beach Rd is a house located in Malibu, California, 90265.

Is this property for sale now?

Active Listing: 31454 Broad Beach 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 $71,555 (source: MLS/based on county public records data).

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

The last sale was on August 18, 1995 for $3,300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 31454 Broad Beach Rd has 7 bedrooms and 7 full and 1 half bathrooms.

What is the square footage of this property?

The property 31454 Broad Beach Rd is 8,795 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 31454 Broad Beach Rd is 1992.
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Rocket HomesCaliforniaLos Angeles CountyMalibu9026531454 Broad Beach Rd

This home is located at 31454 Broad Beach Rd in Malibu, CA and zip code 90265 in the Broad Beach neighborhood. This 8,795 square foot home, which was built in 1992, sits on a 0.26 acre lot. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since November 28, 2024 and is currently priced at $20,500,000.

Over 2 listings were sold over their listed price in November 2024 in Malibu, CA. In the same period over 13 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Malibu, CA increased by 8.9% between October 2024 and November 2024. In November 2024, listings were on the market for 89 days. During the same period, the median list price in this real estate market was $3,500,000.

From Rocket Homes Real Estate and based on county public records data.

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