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$17,999,500

Beds
5
Baths
5.0
sq ft
3,029

23515 Malibu Colony Rd, Malibu, CA 90265

23515 Malibu Colony Rd

Malibu, CA 90265

  • 48 days on market
    • Price drop $500,500↓
Behind the heavily guarded gates of the prestigious Malibu Colony stands this reimagined post and beam mid-century modern home, originally designed by renowned architects Buff and Hensman; the iconic duo, whose residences epitomized casual California living in the 1960's, seamlessly blending wood and glass structures that gracefully connect with their natural surroundings. Award-Winning Architectural Designer Warren Garrett dramatically enhanced this notable home while preserving its original integrity and design intent. Mature sycamore trees frame the secluded, contemporary mid-century dwelling as a sandblasted and brushed limestone walkway mimics the organic texture of the nearby beachfront. An open-concept floor plan throughout this 5 bedroom and 5 bathroom home boasts voluminous ceilings upon entering which lead to a floating staircase clad with wide-plank, white oak flooring enclosed by a wall of glass effortlessly joining the living spaces together and flooding the home with natural light. The gourmet chef's kitchen features all Gaggenau appliances, sleek cabinetry, and a spacious island. The home is automated with Universal Control4 access and equipped with an interior and exterior sound system. The primary bedroom suite presents a calm refuge upon entry. The spa-like bathroom includes limestone and white oak accents, a hand-worked rigato bathing niche, private WC and spa-like shower, all being flanked by two custom closets. A private balcony beckons you to soak in the California sun and admire the mountain and ocean views. The outdoor retreat serves as a natural extension of the living quarters where a glistening pool takes center stage. An inviting outdoor kitchen, with state-of-the-art appliances and ample seating, offers the perfect opportunity for al fresco dining under the stars becoming a destination for relaxation and entertainment. This stunning property is gated from the street with a large private courtyard spanning approximately 50 feet of street frontage. This home truly offers the best of the Malibu Colony with 24 hour security and a level of privacy that does not exist on the beach side. One can escape to the privacy of this estate while still being only steps away from their deeded beach access which is a beautifully landscaped and furnished beachfront experience exclusively for the use of a limited amount of homeowners.

Details

Property type

Single Family Residence

Est. home value

$12,685,002

Lot size

8,268 sq ft

Price per sq ft

$5,943

Year built

1972

Monthly HOA fee

$656.25

Price History

01/23/2025
CLAW

CLAW #25487917

Price change
$17,999,500
-2.71%
01/23/2025
CLAW

CLAW #25487917

Listed
$18,500,000
+80.93%
08/13/2021
CLAW

CLAW #21726822

Sold
$10,225,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$11,554,550
Asking price
$17,999,500
Closing costs (~8% of asking)
-$1,439,960
Est. remaining loan balance
-$5,004,990
Cash to seller
$11,554,550

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

June 2021

Original loan amount

$5,590,000

Est. remaining balance

$5,004,990

Interest rate

2.96%

Loan type

New Conventional, 25 year

Seller

Ram Colony Llc and Jar Colony Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/11/2025 at 9:00 PM

Listing updated: 01/31/2025 at 5:25 AM

Listed by: Branden Williams, The Beverly Hills Estates Phone #: (310) 626-4248

MLS: CLAW #25487917

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