5 months on rocket

31454 Broad Beach Rd, Malibu, CA, 90265

$19,750,000

7 Bedrooms
8 Full Baths
8,795 SqFt
$2,246/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Attached Garage2 spaces
Year Built1992
HeatingCentral
CoolingCentral Air
WaterfrontBeach
FireplaceLiving Room
ViewOcean
Private PoolYes
MLS #SB24121344
Lot Size0.26 Acres
StatusActive

About 31454 Broad Beach Rd

MOTIVATED SELLER: A rare location and a jewel of a home located in the premiere location on the Western side of Broad Beach. Unobstructed ocean views with a deep beachfront to the waters edge. Nearly 8800SF on 4 levels with an elevator and multiple spacious oceanview outdoor decks. The private Infinity edge pool and spa with oceanviews nearly at beach level with privacy to boot THX Certified Theater room, 2500 Bottle World Class Wine Cellar with separate tasting room, Gym/recording studio. The spacious living room, dining area, & gourmet kitchen overlook the expansive deck w/ sliding glass doors that fold away to perfectly display the sand & coastline views. Walk into an exclusive master retreat w/ a separate sitting area, grand fireplace, & beautifully done master bath w/ floor-to-ceiling marble & dual showers. Let the sound of waves crashing on the beach below lull you to sleep in this ocean sanctuary. Ideal for entertaining. You will not find a setting as tranquil, dramatic, & stunningly beautiful as this Malibu masterpiece. An additional benefit to you is a tenant is renting the property for approximately 3.5 years providing you with substantial short term income which would qualify you to 1031 exchange into the property, or optionally the tenant would vacate in 10 to 12 months from close of escrow. The Seller is open to a creative deal structure such as a part trade part cash for your SFR or multifamily property, or possible seller financing.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Premiere Estates International Real Estate
  • Office Phone: (310) 704-3616
  • Listing Agent: Todd Wohl

Interior Features

Interior Information:

  • Flooring Type: Wood
  • Interior: Entrance Foyer, Primary Suite, Wine Cellar
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 8
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Beach
  • View: Ocean

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: on Broad Beach Road off PCH

Price Information

Listing Price Info

Price Summary:

  • List Price: $19,750,000
  • Price Per SqFt: $2,246/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

$1,316

Avg. Days On Market

98

# of Sold Homes

11

31454 Broad Beach Rd vs Malibu

156 DAYS ON ROCKET

+58 Days

$19,750,000

+$16.2M More

$2,246/SqFt

+$930 More

KEY TAKEAWAY

This property is $16.2M more than the Median Sold Price and $930/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: #SB24121344

Listing Office:

  • Office Name: Premiere Estates International Real Estate
  • Office Phone: (310) 704-3616
  • Listing Agent: Todd Wohl

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: 11/17/2024, 4:20:53 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

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

$98.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$59.2K

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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-400487
8
/10
  • Point Dume Marine Science School

  • 6955 Fernhill Dr

  • 3.65 miles

  • Public District Grades KG-5

school-card-donut-400488
7
/10
  • Westlake Elementary School

  • 1571 E Potrero Rd

  • 7.49 miles

  • Public District Grades KG-5

school-card-donut-400489
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. Typical income of Malibu, CA residents is between $100k-200k annually. The majority of 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 31454 Broad Beach Rd

What is the listing price of this property?

The listing price of 31454 Broad Beach Rd property is $19,750,000.

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 8 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 June 13, 2024 and is currently priced at $19,750,000.

In October 2024, from all listings sold in Malibu, CA there were more than 2 sold above asking price, over 6 sold below and more than 3 were sold right at the asked price. The number of listings in Malibu, CA increased by 9.8% between September 2024 and October 2024. In October 2024, listings were on the market for 98 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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