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31272 Broad Beach Rd, Malibu, CA, 90265

$59,500,000

6 Bedrooms
9 Full Baths
12,301 SqFt
$4,837/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Driveway, Garage, Garage Door Opener, Guest, Private, One Space, On Street, Unassigned, Uncovered
Garage4 spaces
Year Built2004
HeatingCentral
CoolingCentral Air
WaterfrontOcean Front
FireplaceBath, Family Room, Gas, Living Room, Primary Bedroom
ViewIsland, City Lights, Other, Mountain(s), Ocean, Panoramic, Pool, Water
Private PoolYes
MLS #24363261
Lot Size1.09 Acres
StatusActive

About 31272 Broad Beach Rd

Luxury Estate with Ocean Views and Resort-Style Amenities. Nestled along the pristine shores of the Pacific Ocean, this magnificent luxury estate combines modern elegance with Spanish architecture. From its clay tile roof to the breathtaking resort-style courtyard and beyond, this property exemplifies the epitome of coastal living. As you step through the grand foyer's double doors, you're immediately greeted by sweeping ocean views. Tile floors and two-story ceilings adorned with a magnificent chandelier set the stage for the opulence that awaits. To the right of the foyer, there is a grand staircase and a spacious formal living room. High ceilings, built-in speakers, sliding glass doors to the beachside, and a large wood-burning fireplace create a welcoming atmosphere with panoramic ocean vistas. The dining room boasts stone tile floors, coffered ceilings, and French windows that fill the space with natural light. A butler's pantry with stone counters and a Sub-Zero wine fridge connects to the dining area. The kitchen, accessible from the dining room, features tile floors, a dining area with a TV, a built-in desk with a blue backsplash, and a large island with waterfall stone counters. High-end appliances, ocean views, and a hidden Sub-Zero fridge and freezer complete this culinary paradise. A carpeted hallway leads to an elegant office with coffered ceilings, stone tile floors, and a serene courtyard view. Next door, you'll find a full bathroom with stone tile floors, stone counters, a vanity, and a shower stall. A hallway elevator enhances accessibility. The entertainment wing features a large family room with stone tile floors, coffered ceilings, a fireplace, a wet bar, and sliding glass doors leading to the backyard. A movie theater awaits just two steps up from the hallway, equipped with carpet floors, blue abstract walls, sectional seating, and built-ins for concessions. The gym, with stone tile floors, skylights, and a sunroom ambiance, includes a TV, stone counters with built-ins, and a closet with water toy storage. Upstairs, the master suite boasts panoramic ocean views, a massive sitting area, a fireplace, and access to a balcony. The master bath features stone tile floors, double sinks, a jetted tub, a spacious shower, and two water closets. Two generous closets with built-ins provide ample storage. Additional bedrooms include ensuites, including a second master Oceanside, closets, and balconies with courtyard or ocean views. The backyard is an entertainer's dream, with a pool, spa, covered dining area, outdoor kitchen, fire pit, and direct access to "your" low bluff just steps above the sand and sea. Lush landscaping, large palm trees, and outdoor cameras complete this coastal paradise. Experience luxury coastal living at its finest in this exquisite estate with captivating ocean views, lavish amenities, and unparalleled elegance. Don't miss this opportunity to own a slice of paradise on the California coast.

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 2004
  • Stories: 3
  • Living Area: 12,301 SqFt

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (310) 975-3870
  • Listing Agent: Bob Rubenstein

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Range, Refrigerator, Range Hood
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Wet Bar, Cathedral Ceiling(s), Elevator, High Ceilings, Multiple Staircases, Recessed Lighting, Two Story Ceilings, Bar, Multiple Primary Suites, Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: Bath, Family Room, Gas, Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 9
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Ocean Front
  • View: Island, City Lights, Other, Mountain(s), Ocean, Panoramic, Pool, Water
  • Exterior: Fire Pit

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Covered, Driveway, Garage, Garage Door Opener, Guest, Private, One Space, On Street, Unassigned, Uncovered

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Lawn, Landscaped
  • Lot Size: 1.09 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Malibu High School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Pacific Coast Highway to Broad Beach Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $59,500,000
  • Price Per SqFt: $4,837/SqFt

Tax Information:

  • Annual Amount: $249,572
  • Tax Year: 2021
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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

31272 Broad Beach Rd vs Malibu

56 DAYS ON ROCKET

-37 Days

$59,500,000

+$56.1M More

$4,837/SqFt

+$3.4K More

KEY TAKEAWAY

This property is $56.1M more than the Median Sold Price and $3.4K/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: #24363261

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (310) 975-3870
  • Listing Agent: Bob Rubenstein

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: 4/27/2024, 7:25:18 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

Aug 27, 2021Home Sold
$30,000,000
May 16, 2000Home Sold
$2,850,000

Tax History

YEARPROP. TAXASSESSMENT
2021$249,572$14,124,581
2020$243,119$13,979,752
2019$233,535$13,705,640
2018$225,631$13,436,903
2017$225,631$13,173,435

History based on county public records data.

Payment Calculator

$297K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$178.4K

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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.

High School

school-card-donut-1078703
9
/10
  • Malibu High School

  • 30215 Morning View Dr

  • 1.73 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,429. Typical income of Malibu, CA residents is between $100k-200k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 31272 Broad Beach Rd

What is the listing price of this property?

The listing price of 31272 Broad Beach Rd property is $59,500,000.

What type of property is this?

The property 31272 Broad Beach Rd is a house located in Malibu, California, 90265.

Is this property for sale now?

Active Listing: 31272 Broad Beach 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 31272 Broad Beach Rd are:
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 $249,572 (source: MLS/based on county public records data).

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

The last sale was on August 27, 2021 for $30,000,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 31272 Broad Beach Rd has 6 bedrooms and 9 bathrooms.

What is the square footage of this property?

The property 31272 Broad Beach Rd is 12,301 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 31272 Broad Beach Rd is 2004.
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Rocket HomesCaliforniaLos Angeles CountyMalibu9026531272 Broad Beach Rd

This home is located at 31272 Broad Beach Rd in Malibu, CA and zip code 90265 in the Broad Beach neighborhood. This 12,301 square foot home, which was built in 2004, sits on a 1.09 acre lot. Features: 6 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $59,500,000.

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. In March 2024 in Malibu, CA there were 13.5% more homes for sale than in February 2024. In March 2024 median list price was $3,385,000 and the average listing age was 93 days.

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

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