8 months on rocket

24216 Malibu Rd, Malibu, CA, 90265

$7,750,000

3 Bedrooms
2 Full Baths
1,676 SqFt
$4,624/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Door-Multi, Garage, Garage Door Opener, Private, One Space, On Street, Uncovered
Garage2 spaces
Year Built1958
HeatingCentral
CoolingCentral Air
WaterfrontOcean Front
FireplaceLiving Room
ViewIsland, City Lights, Other, Mountain(s), Ocean
MLS #23307349
Lot Size0.13 Acres
StatusActive

About 24216 Malibu Rd

Here is the perfect beach getaway on coveted Malibu Road: skylights, picture windows, full-width deck, and steps to the sand. You'll find sunrise-to-sunset views from here to Catalina, plus great beach-home styling: plank and beam wood ceilings, Saltillo tile floors, and a bright, open layout. Escape, relax, and entertain in true indoor-outdoor Malibu style in this lovely single-level home. A gated courtyard entry offers tantalizing ocean views, and the front door opens to expansive vistas from the living/dining/kitchen great room and the deck just outside. Perfect for comfort and congenial gatherings, the space has a fireplace and a chandelier dining area. French doors open onto the wraparound oceanfront deck, which offers room for entertaining, lounging, and pergola-shaded al fresco dining. The kitchen is lovely and bright, with white tilework, brick detailing, superb appliances, and a huge picture window looking out at the ocean. The home's three bedrooms are light-filled and peaceful, with large windows. Additional features include central heating and air conditioning, an outdoor shower, and a two-car garage. Watch for dolphins, seabirds, and even whales from your deck, or step down to the sand for a morning or evening stroll. This is beachfront living at its best.

Property Details

Property Features

Property Information:

  • Year Built: 1958
  • Stories: 1
  • Living Area: 1,676 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Convection Oven, Double Oven, Dishwasher, Disposal, Range, Refrigerator, Range Hood, Self Cleaning Oven
  • Flooring Type: Tile
  • Interior: High Ceilings, Open Floorplan, Recessed Lighting
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Ocean Front
  • View: Island, City Lights, Other, Mountain(s), Ocean

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Covered, Door-Multi, Garage, Garage Door Opener, Private, One Space, On Street, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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: Take Pacific Coast Highway to Webb Way. Turn right onto Malibu Road. The destination will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,750,000
  • Price Per SqFt: $4,624/SqFt

Tax Information:

  • Annual Amount: $23,048
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$3.2M

Med. Price/SqFt

$1,339

Avg. Days On Market

61

# of Sold Homes

13

24216 Malibu Rd vs Malibu

243 DAYS ON ROCKET

+182 Days

$7,750,000

+$4.4M More

$4,624/SqFt

+$3.2K More

KEY TAKEAWAY

This property is $4.4M more than the Median Sold Price and $3.2K/SqFt more than other homes in Malibu, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23307349

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: 5/4/2024, 4:20:35 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

Jul 12, 2001Home Sold
$1,412,500
Apr 16, 1999Home Sold
$1,435,000

Tax History

YEARPROP. TAXASSESSMENT
2021$23,048$1,927,773
2020$22,596$1,908,007
2019$21,449$1,870,596
2018$21,351$1,833,918
2017$21,351$1,797,960

History based on county public records data.

Payment Calculator

$38.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$23.3K

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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-5731497
9
/10
  • Webster Elementary School

  • 3602 Winter Canyon Rd

  • 0.60 miles

  • Public District Grades KG-5

High School

school-card-donut-5731498
9
/10
  • Malibu High School

  • 30215 Morning View Dr

  • 7.13 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. Residents of Malibu, CA typically earn between $100k-200k each year. 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 24216 Malibu Rd

What is the listing price of this property?

The listing price of 24216 Malibu Rd property is $7,750,000.

What type of property is this?

The property 24216 Malibu Rd is a house located in Malibu, California, 90265.

Is this property for sale now?

Active Listing: 24216 Malibu 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 24216 Malibu Rd are:
Webster Elementary School: GreatSchools Rating 9/10
Malibu High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $23,048 (source: MLS/based on county public records data).

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

The last sale was on July 12, 2001 for $1,412,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 24216 Malibu Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 24216 Malibu Rd is 1,676 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 24216 Malibu Rd is 1958.
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Rocket HomesCaliforniaLos Angeles CountyMalibu9026524216 Malibu Rd

This home is located at 24216 Malibu Rd in Malibu, CA and zip code 90265. This 1,676 square foot home, which was built in 1958, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 04, 2023 and is currently priced at $7,750,000.

While more than 1 listings in Malibu, CA in April 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 12 were sold below. The number of homes for sale in Malibu, CA increased by 18.2% between March 2024 and April 2024. Listings spent 61 days on the market in April 2024, and had a median list price of $3,275,600 during the same period.

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

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