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23356 Aka 107 Malibu Colony Road, Malibu, California 90265, Malibu, 90265 - 5 bed, 5 bath

23356 Aka 107 Malibu Colony Road, Malibu, California 90265 home-pic-0
ACTIVE$20,495,000
23356 Aka 107 Malibu Colony Road, Malibu, California 90265
5Beds
5Baths
3,786Sqft
7,728Lot
Year Built
1979
Close
-
List price
$20.5M
Original List price
$20.5M
Price/Sqft
$5,413
HOA
-
Days on market
-
Sold On
-
MLS number
25610429
Home ConditionGood
Features
Excellent View: City Lights, Coastline, Ocean
Deck
Spa
Patio
ViewCity Lights,Coastline,Ocean

About this home

Great Deal:The estimated price is 12% above the list price. We found 3 Cons,5 Pros. Rank: price - $20.50M(93th), sqft - 3786(65th), beds - 5(78th), baths - 5(64th).

The Colony Malibu's Premier Guard-Gated Enclave for Over 90 Years. Welcome to 'The Old Joe's House'. Even within the prestigious Colony, location is everything and this warm, inviting beach home is ideally situated on the highly desirable sandy south end of the beach, directly in front of the renowned 'Old Joe's' surf break. Here, a natural reef helps preserve the sand, creating an exceptional setting for a true beachfront lifestyle. Tucked away from Pacific Coast Highway, this is the perfect retreat for enjoying the surf and sand with family and friends. The main residence features a spacious beachfront deck and is seamlessly connected to a charming tea house directly over the water. Sliding glass doors from both the living room and tea house open to a private, covered patio complete with a dining area, built-in BBQ, and spa ideal for casual coastal entertaining. The updated open-concept kitchen offers ocean views, butcher block countertops, and a center island, flowing easily into the dining area and tea house. A beautiful stacked stone fireplace in the living room provides cozy comfort on cooler coastal days.The primary suite opens onto its own private oceanfront deck, offering breathtaking views of the surf and the iconic 'Old Joe's' rock formation. The main home includes two additional bedrooms and bathrooms.Perfect for visiting friends and extended stays, a fully self-contained guest apartment is located above the garage, featuring a full kitchen and bathroom. Additionally, a separate bedroom and bathroom adjacent to the garage offers flexible use as staff quarters or a convenient beach changing room.Controlled pedestrian gates at both ends of The Colony offer easy access to Malibu's Cross Creek and Colony Plaza, making it simple to enjoy premier shopping, dining, and everyday conveniences without ever needing to drive. Buyer to cooperate with Seller's 1031 Exchange.

Price History

Date
Event
Price
10/28/25
Listing
$20,495,000
Condition Rating
Good
Built in 1979, this property has undergone significant and tasteful updates, particularly in the kitchen which features modern navy shaker cabinets, stainless steel appliances, butcher block countertops, and an open-concept design. The living areas also show contemporary updates with built-in bookshelves and a stacked stone fireplace. While the home is move-in ready with no immediate renovations required and appears well-maintained, its age suggests that some underlying systems may not be brand new, preventing an 'Excellent' rating. However, the extensive visible updates and overall condition clearly place it in the 'Good' category.
Pros & Cons

Pros

Unrivaled Beachfront Location: Situated in Malibu's exclusive guard-gated Colony, directly on the sandy south end with access to the 'Old Joe's' surf break and protected by a natural reef, offering a truly premier coastal lifestyle.
Exceptional Oceanfront Amenities: Features a spacious beachfront deck, a unique tea house directly over the water, and a private covered patio with a built-in BBQ and spa, perfect for entertaining and enjoying panoramic ocean views.
Versatile Guest/Staff Accommodations: Includes a fully self-contained guest apartment above the garage with a full kitchen and bath, plus an additional separate bedroom and bath, providing significant flexibility for visitors or staff.
Updated Living Spaces: The open-concept kitchen boasts ocean views, butcher block countertops, and a center island, seamlessly connecting to dining and living areas, complemented by a cozy stacked stone fireplace.
Exclusive Community Access: Controlled pedestrian gates provide convenient, car-free access to Malibu's Cross Creek and Colony Plaza for premier shopping, dining, and daily necessities.

Cons

Property Age & Potential System Updates: Built in 1979, the property may have original systems (e.g., plumbing, electrical, HVAC) that, while not explicitly mentioned as needing repair, could require future investment beyond cosmetic updates.
1031 Exchange Requirement: The buyer's cooperation with the seller's 1031 Exchange could introduce complexities or specific timing requirements into the transaction process.
High Maintenance for Beachfront Exposure: Direct beachfront location and over-water structures (tea house) are susceptible to accelerated wear from salt air and ocean elements, potentially leading to higher ongoing maintenance and repair costs.

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