23614 Malibu Colony Road, Malibu, California 90265, Malibu, 90265 - 5 bed, 5 bath

23614 Malibu Colony Road, Malibu, California 90265 home-pic-0
ACTIVE$28,750,000
23614 Malibu Colony Road, Malibu, California 90265
5Beds
5Baths
4,773Sqft
6,600Lot
Year Built
1973
Close
-
List price
$28.75M
Original List price
$28.75M
Price/Sqft
$6,023
HOA
$657.25
Days on market
-
Sold On
-
MLS number
25561575
Home ConditionExcellent
Features
Excellent View: City Lights, Coastline, Mountain(s), Ocean, Panoramic
Deck
Patio
ViewCity Lights,Coastline,Mountain(s),Ocean,Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $28.75M(94th), sqft - 4773(76th), beds - 5(78th), baths - 5(64th).

Bold design and modern features coalesce in this newly remodeled three-story beach house. Located in the guard-gated community of Malibu Colony, this 5 bedroom/5 bath home w/custom stone floors, fabric walls, and hand-selected designer elements. Perfect for grand or casual living, the home offers a custom aquarium entry that flows into a sleek, but inviting formal living room and dining area with raised fireplace and floor-to-ceiling wall of glass that opens to a logia covered entertainer's deck with a BBQ island, multiple seating areas and raised wood sun/viewing deck with direct beach access. Black granite, ocean view gourmet kitchen with custom stainless steel finishes and high-end appliances. Intimate family/media room with granite bar area. Gorgeous, ocean view owner's suite with sitting area, high ceilings, and double spa-like baths, plus a third-floor equipped gym that overlooks the suite. Four additional en-suite bedrooms, two-car garage with guest parking. Also for lease $75,000/month.

Price History

Date
Event
Price
07/10/25
Listing
$28,750,000
11/28/17
Sold
$13,000,000
04/11/00
Sold
$4,790,000
Condition Rating
Excellent

Despite being built in 1973, the MLS description explicitly states the property is a 'newly remodeled three-story beach house' with 'bold design and modern features.' The images confirm a high-end, extensive renovation, showcasing custom stone floors, high-end kitchen appliances with black granite and custom stainless steel finishes, and 'spa-like' bathrooms that appear pristine and modern. All visible components, including flooring, fixtures, and overall aesthetics, are consistent with a property that has been extensively renovated within the last 5 years, meeting current quality standards with no signs of deferred maintenance.
Pros & Cons

Pros

Prime Malibu Colony Location: Situated within the exclusive, guard-gated Malibu Colony, offering unparalleled privacy, security, and direct beach access, which is a premium in this market.
Extensive High-End Remodel: Recently remodeled with bold design, modern features, custom stone floors, fabric walls, and hand-selected designer elements, ensuring a luxurious and move-in ready experience.
Panoramic Ocean & Coastline Views: Boasts stunning panoramic views of the ocean, coastline, city lights, and mountains, maximizing the quintessential Malibu beach house experience from multiple vantage points.
Exceptional Entertainment Amenities: Features a loggia-covered entertainer's deck with BBQ island, multiple seating areas, a raised wood sun/viewing deck, custom aquarium entry, and an equipped third-floor gym, ideal for lavish entertaining and lifestyle.
Significant Income Potential: The property's high desirability is underscored by its stated lease potential of $75,000/month, indicating strong investment and income-generating capabilities.

Cons

Exorbitant Price Point: The list price of $28.75 million significantly narrows the potential buyer pool to an extremely niche market, potentially extending market time.
Original Construction Year: Despite being newly remodeled, the property was originally built in 1973, which may raise questions about the condition of underlying structural elements or systems not explicitly updated.
Compact Lot Size: At 6600 sqft, the lot size is relatively modest for a property of this caliber and price point in Malibu, potentially limiting expansive outdoor landscaping or additional structures.

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