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Sold for $15,500,000
  • $15,500,000

    23921 Malibu Rd, Malibu, CA 90265

    6beds
    7,334sqft
    Residential
    Built in 2023
    1 Acres Lot
    $15,921,700 Zestimate®
    $2,113/sqft
    $74,491 Estimated rent

    Home value

    $15,921,700

    $14.33M - $17.83M

    $74,491/mo

    Zestimate® history
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    What's special

    Welcome to Malibu Colony Estates on one of Malibu's most sought-after streets, Malibu Road. This brand new construction warm Contemporary compound sits behind double gates on just over an acre and is surrounded by some of Malibu's most prestigious beach homes and the Pacific Ocean. Extremely private and just a stone's throw from the Malibu Country Mart this home is conveniently located for you to enjoy the safety and privacy of a small gated community with access to the best food and shopping that Malibu has to offer! This one-of-a-kind architectural compound features 6 bedrooms, 8 bathrooms with 7,334 sq ft of luxurious living space. This home has been built with the most high-end construction and finished with the finest materials that were hand-picked and imported from Italy. Upon entering through a beautiful oversized custom wood pivot door you are immediately greeted by the feeling of a warm yet grand modern beach house with a huge yard and stunning exterior views. The open floor plan consists of a perfect balance of indoor/outdoor flow overlooking the infinity pool, spa, and ocean views. Poliform cabinetry, Miele appliances and a porcelain center island complete the kitchen with all top-of -the-line materials and appliances. The grand living and dining rooms sit adjacent to the kitchen allowing the perfect space for family gatherings or entertaining. The primary suite includes a small bar, a private balcony, custom-made Poliform walk-in wardrobe and breathtaking ocean views. The floor-to-ceiling neolith slabs in the primary bathroom engulf you in true Italian opulence. The serene primary bathroom consists of a double sink, grand tub and a large open shower all finished in Cea plumbing. This lower level features a media room with a pool table and private bar completed with state-of-the-art furniture from Minotti, Molteni, B&B Italia and Bonaldo, which are available to be sold with the property. The outdoor living space is truly amazing featuring a huge grassy backyard, guest house, a 45x22 infinity-edge pool with an outdoor BBQ, dining area and private seating area from renowned brands Kettal and Roda.

    Zillow last checked: 7 hours ago

    Listing updated: August 30, 2024 at 05:27am

    Listed by:

    Jade Mills DRE # 00526877 310-285-7508,

    Coldwell Banker Realty 310-777-6200,

    Zach Quittman DRE # 01380277 310-892-0225,

    Coldwell Banker Realty

    Bought with:

    Christopher Cortazzo, DRE # 01190363

    Compass

    Source: CLAW,MLS#: 24-402339MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 8
    • Full bathrooms: 6
    • 1/2 bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Washer, Refrigerator, Range/Oven, Freezer, Disposal, Ice Maker, Dryer
    • Laundry: Inside, Laundry Room
    Features
    • Built-Ins
    • Flooring: Hardwood, Stone, Stone Tile, Other
    • Has fireplace: Yes
    • Fireplace features: Other, Living Room
    Interior area
    • Total structure area: 7,334
    • Total interior livable area: 7,334 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Garage - 2 Car, Garage, Gated, Private
    • Garage spaces: 2
    • Uncovered spaces: 10
    Features
    • Levels: Three Or More,Multi/Split
    • Stories: 3
    • Has private pool: Yes
    • Pool features: Infinity, In Ground, Private
    • Has spa: Yes
    • Spa features: In Ground, Private
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 1.00 Acres
    Details
    • Additional structures: Guest House
    • Parcel number: 4458018029
    • Zoning: LCM1
    • Special conditions: Standard
    • Other equipment: Network Wire, Other

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Residential
    Condition
    • Year built: 2023

    Community & neighborhood

    Security
    • Security features: Gated, Secured Community
    Location
    • Region: Malibu

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,830 monthly

    Price history

    DateEventPrice
    8/30/2024Sold$15,500,000-8.8%$2,113/sqft
    Source: CLAW #24-402339 Report a problem
    8/20/2024Pending sale$16,995,000$2,317/sqft
    Source: CLAW #24-402339 Report a problem
    6/28/2024Price change$16,995,000-10.5%$2,317/sqft
    Source: CLAW #24-402339 Report a problem
    6/10/2024Listed for sale$18,995,000$2,590/sqft
    Source: CLAW #24-402339 Report a problem
    4/19/2024Listing removed--
    Source: CLAW #23-327923 Report a problem
    1/5/2024Price change$18,995,000-13.7%$2,590/sqft
    Source: CLAW #23-327923 Report a problem
    11/2/2023Listed for sale$21,999,000+547%$3,000/sqft
    Source: CLAW #23-327923 Report a problem
    10/16/2023Sold$3,400,000-35.8%$464/sqft
    Source: Public Record Report a problem
    7/2/2021Sold$5,300,000+63.1%$723/sqft
    Source: Public Record Report a problem
    4/12/2019Sold$3,250,000$443/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$210,228 +330%$15,500,000 +355.9%
    2024$48,887 -32%$3,400,000 -37.1%
    2023$71,918 +1%$5,406,000 +2%
    2022$71,206 +44.5%$5,300,000 +58.2%
    2021$49,263 +0.6%$3,349,343 +1%
    2020$48,957 $3,315,000 +104.5%
    2019$48,957 +67.4%$1,621,415 +2%
    2018$29,248 $1,589,623 +2%
    2017$29,248 +58.5%$1,558,454 +2%
    2016$18,457 -1.3%$1,527,897 +1.5%
    2015$18,703 $1,504,947

    Find assessor info on the county website

    Neighborhood: 90265

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $15,921,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $15,921,700