4 months on rocket

24844 Malibu Rd, Malibu, CA, 90265

$39,000,000

4 Bedrooms
5 Full Baths
4,021 SqFt
$9,699/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Driveway, Garage
Attached GarageYes
Year Built2013
HeatingNone
CoolingNone
FireplaceLiving Room
ViewOcean, Panoramic
MLS #23340673
Lot Size0.13 Acres
StatusActive

About 24844 Malibu Rd

An architectural tour de force and only one of the few private homes in the United States designed by the renowned Pritzker Prize-winning Japanese architect, Tadao Ando. Best known for his minimalist structures and his assured use of reinforced concrete, Ando's trademark design of "smooth-as-silk" concrete is wholly present in the structure and surface of the home. Constructed of approximately 1,200 tons of concrete, 200 tons of steel reinforcement, and 12 massive pylons driven more than 60 feet into the sand with AD100 architecture firm Marmol Radziner acting as executive architect and general contractor, the structure is an everlasting beacon of permanence on California's coastline. Natural light is used creatively throughout the space, another signature of Ando, to manipulate a warm feeling throughout the building and harmonize with its natural surroundings. The home spans +/- 4,000 sq. ft. of interior space and approximately 1,500 sq. ft. of outdoor decks with ocean views from every room. Currently all interior finishes have been removed from the property, and work is needed to either restore or reimagine the interiors. Thoughtfully located on the prestigious and quiet Malibu Road, with easy access and close proximity to the finest restaurants, shopping, and entertainment in all of Malibu. An exceedingly rare architectural achievement that should be seen as a masterful work of art, rather than just a residence.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2013
  • Stories: 3
  • Living Area: 4,021 SqFt

Listing Office:

  • Office Name: The Oppenheim Group, Inc.
  • Office Phone: (310) 990-6656
  • Listing Agent: Jason Oppenheim

Interior Features

Interior Information:

  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Ocean, Panoramic

Parking Information:

  • Attached Garage: Yes
  • Parking: Door-Multi, Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $39,000,000
  • Price Per SqFt: $9,699/SqFt

Tax Information:

  • Annual Amount: $52,443
  • 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

24844 Malibu Rd vs Malibu

125 DAYS ON ROCKET

+64 Days

$39,000,000

+$35.7M More

$9,699/SqFt

+$8.3K More

KEY TAKEAWAY

This property is $35.7M more than the Median Sold Price and $8.3K/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: #23340673

Listing Office:

  • Office Name: The Oppenheim Group, Inc.
  • Office Phone: (310) 990-6656
  • Listing Agent: Jason Oppenheim

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: 5/13/2024, 6:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 07, 2021Home Sold
$57,250,000

Tax History

YEARPROP. TAXASSESSMENT
2021$52,443$4,466,567
2020$51,426$4,420,769
2019$48,884$4,334,088
2018$48,649$4,249,107
2017$48,649$4,165,792

History based on county public records data.

Payment Calculator

$194.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$116.9K

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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-91702
8
/10
  • Webster Elementary School

  • 3602 Winter Canyon Rd

  • 1.14 miles

  • Public District Grades KG-5

High School

school-card-donut-91703
9
/10
  • Malibu High School

  • 30215 Morning View Dr

  • 6.34 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $144,318. The majority of Malibu, CA residents have income $200k+ annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 24844 Malibu Rd

What is the listing price of this property?

The listing price of 24844 Malibu Rd property is $39,000,000.

What type of property is this?

The property 24844 Malibu Rd is a house located in Malibu, California, 90265.

Is this property for sale now?

Active Listing: 24844 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 24844 Malibu Rd are:
Webster Elementary School: GreatSchools Rating 8/10
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 $52,443 (source: MLS/based on county public records data).

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

The last sale was on September 7, 2021 for $57,250,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 24844 Malibu Rd has 4 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 24844 Malibu Rd is 4,021 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 24844 Malibu Rd is 2013.
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Rocket HomesCaliforniaLos Angeles CountyMalibu9026524844 Malibu Rd

This home is located at 24844 Malibu Rd in Malibu, CA and zip code 90265. This 4,021 square foot home, which was built in 2013, sits on a 0.13 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 08, 2024 and is currently priced at $39,000,000.

Over 1 listings were sold over their listed price in April 2024 in Malibu, CA. In the same period over 12 listings were sold below the listed price and 0 listings were sold for the listed price. Between March 2024 and April 2024, Malibu, CA real estate market has seen increase in the number of listings by 18.2%. The median list price of listings available in April 2024 was $3,275,600, while the average time on the real estate market was 61 days.

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

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