One of the only new beach homes built from the ground up and located on a very sandy section of Malibu Road. Designed by Michael Barsochini, this stunning Contemporary home features floor to ceiling glass with all three stories allowing unobstructed ocean views from every room. The master bedroom with fireplace and bath encompass the top floor and leads to the largest private deck on Malibu Road. The main floor combines living, dining and kitchen all into one spacious room allowing for easy flow from one to the next. The lower floor includes three additional ocean front bedroom suites- each with separate baths, retractable staircase that leads to the sand. Home has new million dollar plus modern concrete pilings/foundation, new sea wall system and new septic system. This is the best valued beach home on the market on the most private beaches in Malibu. Also for lease for $50,000 for summer months and $29,000 off season.
Listed by Bill Moss•DRE #00860010• Coldwell Banker Realty
Listed by Daniel Moss•DRE #01929872• Coldwell Banker Realty
Bought with Don Richstone•DRE #00814460• Coldwell Banker Realty
Redfin checked: 2 minutes ago (Sept 28, 2023 at 4:00am)
•Source:TheMLS #15-911439
Home facts
Property Type
Single Family, Residential Single-Family
Year Built
2010
Style
Contemporary
Community
Malibu Beach
Lot Size
6,262 Sq. Ft.
Price insights
Redfin Estimate
$14,711,866
Price/Sq.Ft.
$4,141
Buyer’s Agent Commission
2%
Redfin Estimate for 24420 Malibu Rd
Redfin has the most accurate online home estimate
$14,711,866
$3.1M since sold in June 2016
$610K since August
1 year
5 year
Historical Redfin Estimate Graph ChartGraph chart of this property's Redfin Estimate over time20192020202120222023$6.0M$8.0M$10.0M$12.0M$14.0M$16.0M$18.0M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.9M to $11.6M..
School data is provided by GreatSchools, a nonprofit organization. Redfin recommends buyers and renters use GreatSchools information and ratings as a first step, and conduct their own investigation to determine their desired schools or school districts, including by contacting and visiting the schools themselves. Redfin does not endorse or guarantee this information. School service boundaries are intended to be used as a reference only; they may change and are not guaranteed to be accurate. To verify school enrollment eligibility, contact the school district directly.
Around this home
Transportation near 24420 Malibu Rd
17/100
Car-dependent
Walk Score®
11/100
Somewhat bikeable
Bike Score®
Climate risks
About climate risks
Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels.
Risk Factor
Flood Factor - Extreme
99% chance of flooding in next 30 years
Fire Factor - Moderate
0.93% chance of being in a wildfire in next 30 years
Heat Factor - Moderate
5 days above 83° expected this year, 14 days in 30 years
Wind Factor - Minimal
Minimal risk of severe winds over next 30 years
Provided by First Street Foundation
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Estimated sale price
$13.98M – $16.63M
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Nearby similar homes
Homes similar to 24420 Malibu Rd are listed between $995K to $35M at an average of $2,010 per square foot.
24420 Malibu Rd is a 3,553 square foot house on a 6,262 square foot lot with 4 bedrooms and 4.5 bathrooms. This home is currently off market - it last sold on June 22, 2016 for $11,572,222
How many photos are available for this home?
Redfin has 23 photos of 24420 Malibu Rd.
How much is this home worth?
Based on Redfin's Malibu data, we estimate the home's value is $14,711,866
When was this home built and last sold?
24420 Malibu Rd was built in 2010 and last sold on June 22, 2016 for $11,572,222.
What is the rental estimate for this home?
We estimate that 24420 Malibu Rd would rent for between $16,023 and $20,466.
How competitive is the market for this home?
Based on Redfin's market data from the past 3 months, we calculate that market competition in 90265, this home's neighborhood, is not-very competitive. Homes sell for about 3% below list price and go pending in around 67 days. Hot homes can sell for around list price and go pending in around 36 days. Compared to nearby markets, 90265 is more competitive than Malibu Colony and more competitive than Eastern Malibu.