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31340 Broad Beach Road, Malibu, California 90265, Malibu, 90265 - 2 bed, 3 bath

31340 Broad Beach Road, Malibu, California 90265 home-pic-0
ACTIVE$10,750,000
31340 Broad Beach Road, Malibu, California 90265
2Beds
3Baths
1,948Sqft
16,841Lot
Year Built
1953
Close
-
List price
$10.75M
Original List price
$10.75M
Price/Sqft
$5,518
HOA
-
Days on market
-
Sold On
-
MLS number
25564359
Home ConditionPoor
Features
Excellent View: City Lights, Coastline, Mountain(s), Ocean, Panoramic, Water
Deck
ViewCity Lights,Coastline,Mountain(s),Ocean,Panoramic,Water

About this home

We found 3 Cons,6 Pros. Rank: price - $10.75M(78th), sqft - 1948(21th), beds - 2(11th), baths - 3(46th).

An exceptional opportunity on the prestigious and highly sought-after Broad Beach Road. This classic mid-century home, built in 1953, offers breathtaking ocean views and direct access to one of Malibu's most iconic stretches of coastline. The main level welcomes you with exposed brick, rustic hardwood floors, soaring beamed ceilings, and expansive floor-to-ceiling windows that bathe the interior in natural light. A wood-burning fireplace adds warmth and charm, while the lush backyard, adorned with mature succulents, invites you to unwind in a serene coastal setting.Upstairs, the primary bedroom is complemented by a secondary living area featuring another wood-burning fireplace and opening onto a generous deck with sweeping views of the Pacific. With approximately 50 feet of beach frontage and nearly 2,000 square feet of living space, this property presents the perfect canvas to create your dream Malibu retreat.

Nearby schools

7/10
Juan Cabrillo Elementary School
Public,•K-5•1.7mi
8/10
Malibu High School
Public,•6-12•1.8mi

Price History

Date
Event
Price
07/11/25
Listing
$10,750,000
09/28/18
Sold
$5,380,000
Condition Rating
Poor
Built in 1953, this property is over 70 years old and explicitly described as a 'perfect canvas to create your dream Malibu retreat,' indicating a need for significant renovation. The listing's weakness analysis notes its age suggests it 'may require significant renovation and modernization to meet contemporary luxury standards.' Images show an aged exterior, weathered decking, and a dated carport, consistent with a lack of recent major updates. While it possesses 'classic mid-century' architectural charm, the kitchen and bathrooms, though not pictured, are highly likely to be original or last updated decades ago, requiring complete overhaul. Major systems (electrical, plumbing, HVAC) would also require substantial upgrades to meet modern standards, placing it in the 'poor' category due to the extensive rehabilitation needed.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16841, living area = 1948.
Prime Beachfront Location: Situated on the prestigious and highly sought-after Broad Beach Road, offering direct access to one of Malibu's most iconic stretches of coastline with approximately 50 feet of beach frontage.
Breathtaking Ocean Views: The property boasts breathtaking ocean views, including sweeping views of the Pacific from multiple vantage points and a generous deck.
Classic Mid-Century Charm: A classic mid-century home built in 1953, featuring exposed brick, rustic hardwood floors, soaring beamed ceilings, and expansive floor-to-ceiling windows that provide unique character and abundant natural light.
Exceptional Outdoor Living: Includes a lush backyard adorned with mature succulents and a generous deck off the primary bedroom, perfect for enjoying the coastal setting and panoramic views.
Renovation Potential: Described as 'the perfect canvas to create your dream Malibu retreat,' offering an exceptional opportunity for a discerning buyer to customize and modernize a prime beachfront asset.

Cons

Age and Condition: Built in 1953, the property's age suggests it may require significant renovation and modernization to meet contemporary luxury standards, which could entail substantial additional investment.
Limited Interior Space: With approximately 1,948 square feet of living space and only 2 bedrooms, the interior footprint is relatively modest for a property in this exclusive Malibu beachfront market and price point.
High Price Point: The $10.75 million list price, combined with the potential need for extensive renovations, represents a significant financial commitment that may narrow the pool of prospective buyers.

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