Check Availability
$19,900,000
House - For Sale

23768 Malibu Rd

Malibu, CA 90265
bedrooms
4 Beds
bathrooms
4.5 Baths, 1 Half Bath
square feet
3847 Sqft
$97,713
Estimated Monthly
$0
HOA / Fees

About This Property

NEWLY PRICED! Nestled along the stunning Malibu coastline, this oceanfront estate boasts majestic ocean views and sun-soaked decks on the sand. Designed for exquisite comfort and impressive entertaining, the elegant indoor-outdoor design seamlessly merges comfort and style. Resort-style amenities include a detached guest house complete with its own kitchenette, a lower-level office space, and a gorgeous deck overlooking the courtyard and the stunning ocean scene. Spanning 3,847 square feet, this opulent sanctuary offers four bedrooms, five bathrooms, with chic fixtures, earthy wood accents and high ceilings throughout. The primary en-suite bedroom features a private balcony with endless ocean views, a gorgeous soaking tub, and a large marble shower. Capturing the essence of Malibu living, the large sundeck features a heated spa and soothing waterfall with direct access to Malibu's iconic beaches.

The manager has listed the unit size as 3847 square feet.
Unit Size
3,847Ft²
Days on Market
371 days
Land Size
0.24 acres
Price per sqft
$5,173
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1974

Listed By

Megan Husri
Keller Williams Realty-Studio City
Last updated: 30 days ago (CLAWCA #266689)

Price History

Date / Event Date Event Price
Oct 9, 2023 Relisted $19,900,000
Relisted
Sep 9, 2023 No longer available -
No longer available
Aug 17, 2023 Price Decreased $19,900,000
↓ $3M (13.5%)
Price Decreased
Aug 17, 2023 Relisted $23,000,000
Relisted
Jul 29, 2023 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,563
  • Lot Size Depth Feet: 4,020
  • Lot Size Frontage Feet: 310
  • Total Building Area: 3,847
  • Building Area: 3,847
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,847
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: TOPANGA MALIBU SEQUIT RHO
  • Land Acres: 0.243
  • Legal Description 1: LAND OF MATTHEW KELLER IN THE RANCHO TOPANGA MALIBU SEQUIT LOT COM S 6 50 30 E 40 FT FROM ENGR STA 923 + 24.44 IN C/L OF MALIBU RD (PER O R 9434-338) TH S 83 0930 W 30.7 FT TH S 5 2430 AND PART OF LOT/SEC 3

Ownership

  • Current Owner : HARMONIA MALIBU LLC
  • Previous Owner : ELIZABETH S LUSTER TRUST
  • Owner Before Previous Owner: GUGLIELMO JOSEPH
  • Owner Before Previous Owner 2: BA PROPERTIES INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 800504

Zoning

  • Zoning: LCR16000*

Geography

  • Assessors Map Reference: 114-A5
  • Parcel: 4458-006-025
  • Lot: 3
  • Municipality: WEST /MAL. BEACHES N.
  • Latitude: 34.0329
  • Longitude: -118.694

    Address

  • Full Address: 23768 Malibu Rd
  • Address - House Number: 23768
  • Address - Street Name: Malibu
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Malibu
  • Carrier Code: C002
  • 4-Digit Zip Code: 4603
  • Zip Code: 90265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $232,372
  • Tax Rate Code Area: 10-865

    Appraisal Valuation

  • Standard Deviation: 0.2294
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 68
  • Final Value: 3,869,658
  • High Value: 4,757,394
  • Low Value: 2,981,923

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $15,000,000
  • First Open Lien Mortgage Lender: AXOS BANK
  • First Open Lien Mortgage Recording Date: Apr 26, 2019
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $15,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: May 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,425,447
  • Assessed Land Value: $17,155,233
  • Assessed Improvements Value: $3,270,214

    Sales

  • Current Sale Contract Date: Feb 27, 2019
  • Current Sale Recording Date: Apr 26, 2019
  • Current Sale Transaction ID: 11601651086
  • Current Sale Price: $19,100,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 19-0375316
  • Previous Sale Recording Date: Nov 17, 1995
  • Previous Sale Contract Date: Nov 14, 1995
  • Previous Sale Amount: $1,638,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: AXOS BANK
  • First Mortgage Transaction Date: Apr 26, 2019
  • First Mortgage Loan Amount: $15,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: May 01, 2049

    Financing

  • First Mortgage Financing Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Eastern Malibu


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Unit for rent at 22626 Pacific Coast Hwy, Malibu, CA, 90265

$7,850 /mo

  • 2 Beds
  • 2 Baths
  • 1,155 ft²
22626 Pacific Coast Hwy #21, Malibu, CA, 90265 Listing by Jeffrey Chertow


Frequently Asked Questions

When was property at 23768 Malibu Road built and last sold?
The property at 23768 Malibu Road was built in 1974 and last sold on Feb 27, 2019 for $19,100,000.
How much is this home worth?
The estimated value of the home located at 23768 Malibu Road is $19,491,479.
What are some comparable homes to 23768 Malibu Road?
There are currently no comparable homes to 23768 Malibu Road.

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