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$15,500,000

Beds
4
Baths
4.0
sq ft
3,100

23622 Malibu Colony Rd, Malibu, CA 90265

23622 Malibu Colony Rd

Malibu, CA 90265

  • 98 days on market
    • Price drop $450,000↓
Experience unparalleled coastal living in this exceptional beachfront residence, nestled within the prestigious guard-gated enclave of Malibu Colony. Enjoy sweeping ocean vistas and private access to the beach just beyond the doorstep. The entry is framed by lush greenery that blends with the hunter green shingled exterior. A private gated entry leads to the main living area, where impressive vaulted ceilings, a curved fireplace, and rounded archways create a seamless flow. The expansive floor-to-ceiling windows allow natural light to fill the space. The cozy den, framed by a Dutch door, welcomes the refreshing coastal breeze and creates an idyllic spot for reading and relaxation. An adjacent secondary living room provides abundant living and entertaining space on the main level. The dining room, accented by a bespoke light fixture, connects to the kitchen adorned with elegant hand-selected tile and matching hardware. Enhanced with a spacious pantry, this kitchen is designed for effortless cooking. Completing the main level are two guest bedrooms and a large two-car garage. Ascending the tiled stairwell reveals an in-home movie theater with soaring vaulted ceilings, a full projector and screen, and surround sound. The additional loft is a peaceful setting to work or enjoy the ocean views from the spacious upper-level deck. In both guest bedrooms, natural sunlight streams through large windows, illuminating the space, alongside a beautifully tiled bathroom. From the primary suite, gorgeous vaulted ceilings provide incredible scale while French doors open to a private deck boasting panoramic views of the Pacific from every angle. Additional features include an integrated office, expansive closet, and an intricately tiled ensuite bathroom. Enjoy everyday life here, with the benefits of community privacy and direct beach access from your patio. The patio amenities include a sauna, outdoor shower, Cedar soaking tub, built-in barbecue and dining area, a stunning beachfront lounge deck, and exclusive private ocean access - truly the pinnacle of living in Malibu Colony. This property epitomizes the coastal beauty of the Pacific, complemented by charm and a stunning architectural interior, and offers total privacy in the heart of Malibu.

Details

Property type

Single Family Residence

Est. home value

$15,276,151

Lot size

6,808 sq ft

Price per sq ft

$5,000

Year built

1931

Monthly HOA fee

$441

Price History

09/11/2024
CLAW

CLAW #24409229

Price change
$15,500,000
-2.82%
08/22/2024
CLAW

CLAW #24409229

Price change
$15,950,000
-4.49%
06/28/2024
CLAW

CLAW #24409229

Listed
$16,700,000
+8.1%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

City National Bank

Loan start date

May 2022

Original loan amount

$10,814,542

Est. remaining balance

Not provided

Interest rate

3.84%

Loan type

New Conventional, 30 year

Seller

Richard Feldstein and The Laurel Loft Trust

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: 10/04/2024 at 8:00 PM

Listing updated: 09/30/2024 at 9:10 AM

Listed by: Justin Feil, Berkshire Hathaway HomeServices California Properties Phone #: (310) 230-3700

MLS: CLAW #24409229

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