OFF MARKET

Off market aug 2020 for $17M

$16,511,611

Est. refi paymentEst. refi $91,021/mo

•

4,800

sq ft

23950 Malibu Rd, Malibu, CA 90265

About this home

Completely reimagined & rebuilt custom home built from the sand up. This three-level home is equipped with the highest quality finishes & no expense spared. Quality construction, fully integrated Crestron smart system, & remarkable ocean views from every level. The sophisticated light-infused open-plan layout includes apx. 4,800sf of living space, 1,300sf of ocean view decks, plus a 400sf sand level entry/deck, boat house, & storage. Main level living area flows seamlessly between family room, chef's kitchen, & living room opening onto an ocean view deck spanning the width of the house. On the lower level, a large exercise suite (or bedroom) opens onto another wide deck. The upper level, with very high ceilings, has two family bedrooms, an office/den, plus the spectacular master suite, with one fireplace inside & another outside on the private ocean view deck w/ hot tub. With toes in the sand on one of Malibu's most desirable beaches & prime location, this is coastal living at its best.

Single-familyProperty Type

7,737 sq ftLot Size

$3,440Est. Price/Sq.Ft.

2 garage spacesParking

Listed by Christopher Cortazzo •DRE #01190363 • Compass

•310-579-5887 (agent)

•chris@chriscortazzo.com (agent)

Listed by Tiffany Martin •DRE #01794840 • The Agency

•310-696-9612 (agent)

•TiffanyRealEstate@gmail.com (agent)

Bought with Jennifer Santulan •DRE #01914509

Bought with Marty Azoulay •DRE #01234131

•818-822-2422 (agent)

Redfin checked: 2 minutes ago

•Source:TheMLS #20-584318

Redfin Estimate

$16,511,611

$1.3M since sold in August 2020$587K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 89.1% higher than the average sale price ($8.73M) of 6 comparable homes.

SOLD OCT 6, 2026
$8,500,000
A
3 beds4 baths4,358 sq ft
25002 Malibu Rd, Malibu, CA 90265
SOLD OCT 2, 2026
$11,750,000
B
6 beds6 baths4,250 sq ft
24928 Malibu Rd, Malibu, CA 90265
SOLD JUL 8, 2026
$13,750,000
C
5 beds5 baths4,320 sq ft
24146 Malibu Rd, Malibu, CA 90265
SOLD SEP 17, 2026
$1,630,000
D
Land— sq ft
21400 Rambla Vis, Malibu, CA 90265
SOLD AUG 12, 2026
$5,500,000
E
4 beds4 baths3,242 sq ft
24102 Malibu Rd, Malibu, CA 90265
SOLD SEP 14, 2026
$11,272,000
F
5 beds6 baths4,640 sq ft
26814 Malibu Cove Colony Dr, Malibu, CA 90265

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Earn from this home

Sell

$3,100,396

Est. take-home

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Est. cash available

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Rent

$10,583/mo

Redfin rental estimate

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Market trends in 90265, CA

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

92.5%

0.8% MoM

Median sale price

$2.5M

$312K MoM

Avg. days on market

114d

20 days MoM

Recently sold homes

0 MoM

New listings for sale

NEW 12 HRS AGO
$45,000,000
6 beds8 baths11,000 sq ft
27715 Pacific Coast Hwy, Malibu, CA 90265
NEW 15 HRS AGO
$12,900,000
5 beds7.5 baths6,782 sq ft
29623 Cuthbert Rd, Malibu, CA 90265
VIDEO TOUR
$12,500,000
5 beds6 baths5,784 sq ft
32636 Pacific Coast, Malibu, CA 90265
$14,500,000
6 beds10 baths9,032 sq ft
27549 Pacific Coast Hwy, Malibu, CA 90265
$26,500,000
6 beds6 baths7,562 sq ft
6625 Zumirez Dr, Malibu, CA 90265
$975,000
1 bed1 bath— sq ft
52 Paradise Cove Hwy, Malibu, CA 90265
$850,000
1 bed2 baths721 sq ft
11934 Whalers Ln, Malibu, CA 90265
$35,000,000
4 beds6 baths6,445 sq ft
27960 Sea Lane Dr, Malibu, CA 90265
$1,199,000
3 beds2 baths1,327 sq ft
11964 Whalers Ln, Malibu, CA 90265
(805) 844-6257
$4,999,999
4 beds3 baths3,650 sq ft
24624 Blue Dane Ln, Malibu, CA 90265
See all

Provided by Redfin

Sale history for 23950 Malibu Rd

Date

Event

Price

Greater Lansing AoR #20584318

Aug 24, 2020

Sold

$17,800,000

$3,708/sq ft

May 29, 2020

Listed

$18,995,000

$3,957/sq ft

Completely reimagined & rebuilt custom home built from the sand up. This three-level home is equipped with the highest quality finishes & no expense spared. Quality construction, fully integrated Crestron smart system, & remarkable ocean views from every level. The sophisticated light-infused open-plan layout includes apx. 4,800sf of living space, 1,300sf of ocean view decks, plus a 400sf sand level entry/deck, boat house, & storage. Main level living area flows seamlessly between family room, chef's kitchen, & living room opening onto an ocean view deck spanning the width of the house. On the lower level, a large exercise suite (or bedroom) opens onto another wide deck. The upper level, with very high ceilings, has two family bedrooms, an office/den, plus the spectacular master suite, with one fireplace inside & another outside on the private ocean view deck w/hot tub. With toes in the sand on one of Malibu's most desirable beaches & prime location, this is coastal living at its best.

TheMLS #20-584318

Aug 24, 2020

Sold

$17,800,000

$3,708/sq ft

Aug 13, 2020

Pending

—

Jul 30, 2020

Contingent

—

Jul 7, 2020

Price Changed

$18,995,000

$3,957/sq ft

May 29, 2020

Listed

$20,000,000

$4,167/sq ft

SDMLS #302473537

Mar 23, 2020

Listing Removed

—

Mar 9, 2020

Listed

$20,000,000

$4,167/sq ft

SDMLS #301616297

Feb 20, 2020

Listing Removed

—

Aug 22, 2019

Listed

$20,000,000

$4,167/sq ft

SDMLS #300916901

Jul 12, 2019

Listing Removed

—

Feb 4, 2019

Listed

$22,900,000

$4,771/sq ft

TheMLS #14-730429

Jul 17, 2014

Sold

$7,010,000

$1,460/sq ft

Apr 27, 2014

Price Changed

$8,950,000

$1,865/sq ft

Apr 27, 2014

Pending

—

Jan 17, 2014

Listed

$9,750,000

$2,031/sq ft

Public Records

Oct 19, 1994

Sold

$1,500,000

$313/sq ft

Public Records

Dec 29, 1988

Sold

$1,930,000

$402/sq ft

Public Records

Sep 22, 1987

Sold

$1,065,000

$222/sq ft

Public Records

Mar 22, 1982

Sold

$237,500

$49/sq ft

Public Records

Mar 22, 1982

Sold

$475,000

$99/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$234,220 (+7.9%)

$17,665,292 + $1,987,344

$19,652,636

2024

$217,163 (+1.9%)

$17,318,914 + $1,948,377

$19,267,291

2023

$213,173 (+1.2%)

$16,979,328 + $1,910,174

$18,889,502

2022

$210,737 (+2.3%)

$16,646,400 + $1,872,720

$18,519,120

2021

$205,902 (+121.7%)

$16,320,000 + $1,836,000

$18,156,000

2020

$92,860 (+1.4%)

$16,000,000 + $1,800,000

$17,800,000

2019

$91,580 (+5.2%)

$6,162,849 + $1,772,350

$7,935,199

2018

$87,016 (+0.4%)

$6,042,009 + $1,737,599

$7,779,608

2017

$86,661 (+6.4%)

$5,807,392 + $1,670,127

$7,477,519

2016

$81,484 (+1.4%)

$5,807,392 + $1,670,127

$7,477,519

2015

$80,392 (+21.6%)

$5,693,522 + $1,423,380

$7,116,902

2014

$66,138 (+3.1%)

$4,584,070 + $1,146,071

$5,730,141

2012

$64,180 (+2.3%)

$4,563,353 + $1,140,892

$5,704,245

2011

$62,751 (+0.4%)

$4,473,876 + $1,118,522

$5,592,398

2010

$62,532 (+2.6%)

$4,386,153 + $1,096,591

$5,482,744

2009

$60,942 (+2.3%)

$4,353,373 + $1,088,396

$5,441,769

2008

$59,562

$4,363,716 + $1,090,982

$5,454,698

Tax history for 23950 Malibu Rd

Year

Property tax

Land + Additions

Assessment*

2025

$234,220 (+7.9%)

$17,665,292 + $1,987,344

$19,652,636

2024

$217,163 (+1.9%)

$17,318,914 + $1,948,377

$19,267,291

2023

$213,173 (+1.2%)

$16,979,328 + $1,910,174

$18,889,502

2022

$210,737 (+2.3%)

$16,646,400 + $1,872,720

$18,519,120

2021

$205,902 (+121.7%)

$16,320,000 + $1,836,000

$18,156,000

2020

$92,860 (+1.4%)

$16,000,000 + $1,800,000

$17,800,000

2019

$91,580 (+5.2%)

$6,162,849 + $1,772,350

$7,935,199

2018

$87,016 (+0.4%)

$6,042,009 + $1,737,599

$7,779,608

2017

$86,661 (+6.4%)

$5,807,392 + $1,670,127

$7,477,519

2016

$81,484 (+1.4%)

$5,807,392 + $1,670,127

$7,477,519

2015

$80,392 (+21.6%)

$5,693,522 + $1,423,380

$7,116,902

2014

$66,138 (+3.1%)

$4,584,070 + $1,146,071

$5,730,141

2012

$64,180 (+2.3%)

$4,563,353 + $1,140,892

$5,704,245

2011

$62,751 (+0.4%)

$4,473,876 + $1,118,522

$5,592,398

2010

$62,532 (+2.6%)

$4,386,153 + $1,096,591

$5,482,744

2009

$60,942 (+2.3%)

$4,353,373 + $1,088,396

$5,441,769

2008

$59,562

$4,363,716 + $1,090,982

$5,454,698

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

7,739 Sq. Ft.

Year renovated

1990

Sq. Ft.

4,076

Year built

1953

Style

Single Family Residential

County

Los Angeles County

APN

4458008003

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 5, 2026.

SFM

Single Family Density Residential District

The SF district will serve the majority of the city’s single-family residential parcels. The intent of the district is to enhance the rural characteristics of the community by maintaining low density residential development in a manner which respects surrounding property owners and the natural environment.

Permitted uses

Include but are not limited to:

Equestrian facility
Day care facility
Housing-Single unit
Housing-Senior
Housing-Mobile home park

Property details

Parking

Garage
Attached, Door Opener, Driveway - Brick, 2 Car Garage, On street, Parking for Guests, Private, Uncovered

Parking
# of Parking Spaces (Total): 8
# of Covered Parking Spaces: 2

Interior

Bedroom Information
All Bedrooms Up, Dressing Area, Master Suite, WalkInCloset

Bathroom Information
# of Baths (Full): 6
Double Vanity(s), Linen Closet, Powder Room, Shower Over Tub, Shower Stall, Tile, Tub Only

Kitchen Information
Built-Ins, Convection Oven, Double Oven, Free Standing Gas, Microwave, Oven-Gas, Range, Range Hood
Gourmet Kitchen, Island, Marble Counters, Open to Family Room, Pantry

Laundry Information
Laundry Inside, Laundry on Upper Level, Laundry Room

Additional Rooms
Breakfast Counter / Bar, Dining Area, Family Room, In Kitchen, Living Room, Other - See Remarks
Family Room
Basement, Bonus Room, Breakfast Bar, Dining Area, Dressing Area, Family Room, Gym, Living Room, Master Bedroom, Pantry, Powder Room, Utility Room, Walk-In Closet, Walk-In Pantry, Wine Cellar, Other Room

Interior Features
Basement - Partial, Built-Ins, Detached/No Common Walls, Drywall Walls, High Ceilings (9 Feet+), Intercom, Living Room Deck Attached, Open Floor Plan, Phone System, Pre-wired for high speed Data, Pre-wired for surround sound, Recessed Lighting, Turnkey
Ground Level - no steps
Windows: Custom Window Covering, Double Pane Windows

Fireplace Information
Exterior, In Family Room, Gas Fireplace, In Master Bedroom
# of Fireplaces: 3

Flooring Information
Marble Floors, Tile Floors, Wood Floors

Equipment
Alarm System, Built-Ins, Cable, Garbage Disposal, Hood Fan, Ice Maker, Intercom, Microwave, Network Wire, Phone System, Range/Oven, Refrigerator
Cable TV

Heating & Cooling
A/C
Central Heat
Water Heater Features: Instant Hot Water

Exterior

Building Information
Total Floors: 3
Three Or More Levels
Detached
Detached/No Common Walls
Security Features: Owned, Prewired for alarm system, Smoke Detector, T.V.

Exterior Features
Patio Features: Balcony, Deck(s), Tile
Other Structural Features: Balcony, High Ceilings (9 Feet+), Sliding Glass Doors

Pool Information
Above Ground Spa, Heated Spa, Hot Tub, Private Spa

Property Information
Property Type: Residential Single-Family

Land Information
Other Structures: None

Lot Information
Lot Size (Sq. Ft.): 7,737
Zoning: LCR16000*
Special Zoning: Coastal Commission, Flood
Lot Location: Bay Front, Beach Access, Near Public Transit, Ocean Access, Ocean Front, Ocean Side Of Highway 1
Lot Description: Lot Shape-Irregular, Street Paved
Waterfront: Beach Rights, Ocean

Property Features
None
Has View
View: Catalina

Financial

Assessment Information
Assessor Parcel Number: 4458-008-003

Financial Information
Listing Terms: Cash, Cash To New Loan

Utilities

Utility Information
Sewer: Septic
Water: District/Public

Location

HOA Information
Amenities: None

Community Information
# of Units in Complex (Total): 1
Athletic Court: None

School Information
School District: Santa Monica-Malibu Unified School District

Location Information
Directions: PCH to Webb Way. Left on Web Way. Right on Malibu Road to Address.

Public facts

Beds: 5
Baths: 6.0
Sq. Ft.: 4,076
Stories: —
Lot Size: 7,739 square feet
Style: Single Family Residential
Year Built: 1953
Year Renovated: 1990
County: Los Angeles County
APN: 4458008003

Home facts updated by county records on Oct 5, 2026

Other

Documents & Disclosures
Disclosures: As Is, Beach Rights, Coastal Commission Restrictions, Flood Zone

Listing Information
Possession: Close Of Escrow
Listing Terms: Cash, Cash To New Loan

Co Selling Agent Information
First Name: Marty
Last Name: Azoulay
License #: 01234131

Around this home

Schools

Webster Elementary School

Public K-5 • Assigned • 0.4mi

10/10

Malibu Middle

Public 6-8 • Assigned • 7.5mi

7/10

Malibu High School

Public 9-12 • Assigned • 7.4mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

6/10 Fire Factor

12% chance of being in a wildfire in next 30 years

4/10 Heat Factor

5 days above 83° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

5/10 Air Factor

6 unhealthy days expected this year, 8 days in 30 years

Provided by First Street

Historical weather

Malibu, CA • 90265

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 6.4 hours in December, placing it above the U.S. average for solar exposure.

9.6 hrs

6.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$15.69M – $18.99M

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Nearby similar homes

$1,100,000

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4117 Lost Springs Dr, Agoura Hills, CA 91301

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Land— sq ft

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6 beds5 baths6,119 sq ft

6805 Wildlife Rd, Malibu, CA 90265

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Land— sq ft

3870 Puerco Canyon Rd, Malibu, CA 90265

VIDEO TOUR

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3536 Malibu Country Dr, Malibu, CA 90265

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$7,250,000

4 beds4 baths3,495 sq ft

3400 Coast View Dr, Malibu, CA 90265

New listings for sale in 90265

NEW 12 HRS AGO

$45,000,000

6 beds8 baths11,000 sq ft

27715 Pacific Coast Hwy, Malibu, CA 90265

NEW 15 HRS AGO

$12,900,000

5 beds7.5 baths6,782 sq ft

29623 Cuthbert Rd, Malibu, CA 90265

VIDEO TOUR

$12,500,000

5 beds6 baths5,784 sq ft

32636 Pacific Coast, Malibu, CA 90265

$14,500,000

6 beds10 baths9,032 sq ft

27549 Pacific Coast Hwy, Malibu, CA 90265

$26,500,000

6 beds6 baths7,562 sq ft

6625 Zumirez Dr, Malibu, CA 90265

$975,000

1 bed1 bath— sq ft

52 Paradise Cove Hwy, Malibu, CA 90265

$850,000

1 bed2 baths721 sq ft

11934 Whalers Ln, Malibu, CA 90265

$35,000,000

4 beds6 baths6,445 sq ft

27960 Sea Lane Dr, Malibu, CA 90265

$1,199,000

3 beds2 baths1,327 sq ft

11964 Whalers Ln, Malibu, CA 90265

(805) 844-6257

Home values near 23950 Malibu Rd

Data from public records.

Address	Redfin Estimate
23910 Malibu Road, Malibu, CA 3 Beds \| 6 Baths \| 6696 Sq. Ft.	$39,540,769
23868 Malibu Road, Malibu, CA 5 Beds \| 6 Baths \| 3476 Sq. Ft.	—

Address	Redfin Estimate
23900 Malibu Road, Malibu, CA 3 Beds \| 2 Baths \| 1599 Sq. Ft.	$5,248,150
23956 Malibu Road, Malibu, CA 5 Beds \| 5 Baths \| 1605 Sq. Ft.	$13,853,045

Address	Redfin Estimate
23872 Malibu Road, Malibu, CA 5 Beds \| 8 Baths \| 3903 Sq. Ft.	$31,560,455
23952 Malibu Road, Malibu, CA 3 Beds \| 3 Baths \| 2612 Sq. Ft.	$8,186,740

Property information provided by TheMLS when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 90265, CA

Sale history for 23950 Malibu Rd

Tax history for 23950 Malibu Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 90265

Home values near 23950 Malibu Rd

More real estate resources