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$39,500,000

Beds
5
Baths
5.5
sq ft
4,240

23956 Malibu Rd, Malibu, CA 90265

23956 Malibu Rd

Malibu, CA 90265

  • 7 days on market
Stunning beach home on the world-famous Malibu Colony Beach. Wide lot with 66ft of beach frontage and surfing point break located directly out back. Sophisticated design by renowned architect Steve Giannetti, including an impressive great room with 12ft tall by 36ft wide walls of glass that disappear and open up to one of the largest and most dramatic beachfront decks in all of Malibu. Meticulous attention to detail throughout, designed for the most discerning clientele. All 5 bedrooms are en-suite and located on the second floor, the Primary + 2 additional bedrooms are oceanfront. Ample parking cars and close proximity to Malibu's top boutiques, shops, and restaurants.

Details

Property type

Single Family Residence

Est. home value

$15,527,913

Lot size

0.295 acres

Price per sq ft

$9,317

Year built

2016

HOA

No

Price History

01/15/2025
CLAW

CLAW #25483567

Listed
$39,500,000
10/02/2024
CLAW

CLAW #24417883

Removed
$39,500,000
07/21/2024
CLAW

CLAW #24417883

Listed
$39,500,000

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

First Republic Bank

Loan start date

January 2022

Original loan amount

$3,800,000

Est. remaining balance

Not provided

Interest rate

2.49%

Loan type

Credit Line (Revolving), 25 year

Seller

Christopher Mimer

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: 01/22/2025 at 6:40 PM

Listing updated: 01/15/2025 at 3:41 PM

Listed by: Damon Skelton, Compass Phone #: (310) 230-5744

MLS: CLAW #25483567

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