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23736 Malibu Colony Rd, Malibu, CA, 90265

$38,500,000

6 Bedrooms
5 Full Baths
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Door-Multi, Driveway, Garage, Guest, Gated, Private, On Street, Unassigned, Uncovered
Year Built1927
HeatingCentral
WaterfrontOcean Front
FireplaceGas, Living Room
ViewCity Lights, Other, Mountain(s), Ocean, Water
MLS #24370667
Lot Size0.41 Acres
StatusActive

About 23736 Malibu Colony Rd

One of Southern California's most desirable addresses, this Cape Cod contemporary comprises a main residence and two guest houses with spectacular views and abundant space for indoor-outdoor living and entertaining. Set behind gates, the oceanfront compound has tall, wood plank ceilings, extra large windows, and wide doorways opening to tranquil patios, lawns, and beachfront decks on two levels. In the main house, a light-filled great room with wood floors includes a spacious living area with a fireplace, a bar area, and a top-of-the-line island kitchen that will serve as the hub of any gathering. Extending from one side of the living room, the dining room has glass doors on two sides, one opening to a grand dining pavilion and the other to a private lawn and garden, also accessible from the living room. From this lawn, steps lead up to a wide beachfront deck furnished for relaxing and stargazing, with a hot tub, comfortable couches, a fire pit, a day bed, and steps to the sand. The views are sensational, from Point Dume to Palos Verdes, with island and ocean and gorgeous sunsets. The home has three bedrooms on the main floor, one, en-suite, currently used as a gym. Upstairs, the primary suite is a private getaway, with vaulted, beamed ceilings, a huge sitting area, a spa-style bath, and a floor-to-ceiling wall of glass that overlooks the lower deck and opens onto an upper-level oceanfront deck with majestic views. Separated from the main residence by a large lawn, the two guest houses are toward the front of the property. One has a living room, full kitchen, bathroom, and two bedrooms, plus a patio area with a sauna and firepit. Nearby is an additional structure that could be used as a yoga room, art studio, gym, or storage area. The second guest house is a large studio suite with vaulted ceilings, huge windows, ocean views, skylight, kitchenette, living and dining area, and a wraparound architectural sunroom. The home has covered parking for two cars, complete with a 220v plug, plus guest parking for five additional vehicles, as well as room for surfboards and other beach equipment. This is a wonderful, welcoming oceanfront home with vacation style and year-round comfort.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1927
  • Stories: 2

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5744
  • Listing Agent: Christopher Cortazzo

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Beamed Ceilings, Dry Bar, High Ceilings, Living Room Deck Attached, Recessed Lighting, Bar, Jack and Jill Bath
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Ocean Front
  • View: City Lights, Other, Mountain(s), Ocean, Water
  • Exterior: Fire Pit

Parking Information:

  • Parking: Carport, Door-Multi, Driveway, Garage, Guest, Gated, Private, On Street, Unassigned, Uncovered

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Lawn, Landscaped
  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: Central

School Info

Assigned Schools Information:

  • Malibu High School, Public District Grades 6-12
  • Webster Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Pacific Coast Highway to Malibu Road. Turn left onto Malibu Colony Road. Destination will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $38,500,000
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Housing Market Comparison

See how this home compares to others in Malibu, CA.

Med. Sold Price

$3.3M

Med. Price/SqFt

$1,359

Avg. Days On Market

93

# of Sold Homes

15

23736 Malibu Colony Rd vs Malibu

37 DAYS ON ROCKET

-56 Days

$38,500,000

+$35.1M More

KEY TAKEAWAY

This property is $35.1M more than the Median Sold Price in Malibu, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24370667

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5744
  • Listing Agent: Christopher Cortazzo

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: 4/29/2024, 6:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 26, 2019Home Sold
$19,100,000
Dec 26, 2013Home Sold
$17,350,000
Jun 30, 1999Home Sold
$3,950,000

History based on county public records data.

Payment Calculator

$192.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$115.4K

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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.

Elementary School

school-card-donut-2919799
9
/10
  • Webster Elementary School

  • 3602 Winter Canyon Rd

  • 0.53 miles

  • Public District Grades KG-5

High School

school-card-donut-2919800
9
/10
  • Malibu High School

  • 30215 Morning View Dr

  • 7.73 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $116,422. Most Malibu, CA residents have annual incomes between $100k-200k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 23736 Malibu Colony Rd

What is the listing price of this property?

The listing price of 23736 Malibu Colony Rd property is $38,500,000.

What type of property is this?

The property 23736 Malibu Colony Rd is a house located in Malibu, California, 90265.

Is this property for sale now?

Active Listing: 23736 Malibu Colony Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 23736 Malibu Colony Rd are:
Webster Elementary School: GreatSchools Rating 9/10
Malibu High School: GreatSchools Rating 9/10

When was this property sold last time and for how much?

The last sale was on April 26, 2019 for $19,100,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 23736 Malibu Colony Rd has 6 bedrooms and 5 bathrooms.

Which year was this property built?

The year of construction for 23736 Malibu Colony Rd is 1927.
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Rocket HomesCaliforniaLos Angeles CountyMalibu9026523736 Malibu Colony Rd

This home is located at 23736 Malibu Colony Rd in Malibu, CA and zip code 90265 in the Malibu Colony neighborhood. This home, which was built in 1927, sits on a 0.41 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $38,500,000.

Malibu, CA housing market in March 2024 saw over 3 listings sold above listed price, more than 1 sold at listed price and over 11 sold below. The number of listings in Malibu, CA increased by 13.5% between February 2024 and March 2024. In March 2024, listings were on the market for 93 days. During the same period, the median list price in this real estate market was $3,385,000.

From Rocket Homes Real Estate and based on county public records data.

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