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$29,800,000

Beds
5
Baths
8.5
sq ft
8,200

23917 Malibu Rd, Malibu, CA 90265

23917 Malibu Rd

Malibu, CA 90265

  • 11 days on market
Located in the private, gated enclave of Malibu Colony Estates, this stunning home offers breathtaking ocean views and contemporary design by renowned architect Douglas W. Burdge, AIA. One of just four homes in this prestigious community, it sits on approximately 1.3 acres with five bedrooms and ten bathrooms. A dramatic pivot entry door, framed by sculptural water features, sets the stage for the seamless indoor-outdoor flow of the home. Expansive glass walls, high ceilings, and premium materials like vein-cut travertine and rare Calcutta Gold stone enhance the elegant design. The grand living room features a striking floor-to-ceiling Blue Bibas marble fireplace, while the gourmet kitchen is equipped with top-of-the-line appliances and custom backlit cabinetry. Designed for effortless entertaining, the outdoor spaces include multiple lounge areas, a covered bar that seats six and an outdoor dining space. The private backyard also features an infinity pool and spa, a firepit with banquet-style seating, and a fenced lawn ideal for pets or play. The main level of the home includes a media area, a full bar with bifold doors to the patio, a spacious dining area, and an impressive office with stunning views. A guest suite with an en-suite bath completes this floor. Upstairs, the primary suite is a private retreat with two en-suite bathrooms, dual walk-in closets, and a wraparound patio with ocean and mountain views. Three additional en-suite bedrooms provide ample space for family and guests. The lower level is designed for entertainment and relaxation, featuring a home theater, game room, gym/bonus room, powder room, additional bathroom, and laundry room. A three-car garage, ample guest parking, and an elevator add to the home's conveniences. Just minutes from Malibu's top beaches and shopping, this estate offers a rare combination of luxury, privacy, and breathtaking surroundings.

Details

Property type

Single Family Residence

Est. home value

$35,833,512

Property condition

New Construction

Lot size

1.3231 acres

Price per sq ft

$3,635

Year built

2023

Monthly HOA fee

$1,700

Price History

02/13/2025
CLAW

CLAW #25493791

Listed
$29,800,000
-9.42%
09/16/2024
CLAW

CLAW #24379923

Removed
$32,900,000
04/16/2024
CLAW

CLAW #24379923

Listed
$32,900,000
+368.13%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

High school district: 

Santa Monica-Malibu Unified

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

Hankey Capital Llc

Loan start date

March 2023

Original loan amount

$17,000,000

Est. remaining balance

Not provided

Interest rate

6.09%

Loan type

Commercial

Seller

M G Investment Properties 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: 02/23/2025 at 7:55 PM

Listing updated: 02/21/2025 at 5:25 AM

Listed by: Megan Mondavi Whitcomb, Coldwell Banker Realty Phone #: (310) 457-6550

MLS: CLAW #25493791

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