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23758 Malibu Road, Malibu, CA 90265

$24.9M5bd · 5ba · 4,016 sqft
Lot 11,557 sqft•HOA $311.25/mo•Single Family Residence•
Active
•135d on market•MLS# 00-26840151

Property Description

Sunday 10/11 OPEN HOUSE CANCELLED FANTASTIC price adjustment! Located along the most desirable stretch of Malibu Road is Colony #17, an architecturally significant beachfront residence by Ron Goldman, FAIA capturing the essence of refined and relaxed coastal living. Part of the coveted Malibu Colony enclave, outside the gates for effortless access, this beachfront home pairs the prestige of Colony Beach with immediate proximity to Malibu's premier restaurants, boutiques, cafes and everyday conveniences. Designed to maximize its beach frontage, the 4,000+ sf Cape Cod-inspired home opens to panoramic ocean views and direct access to one of Malibu's most celebrated sandy beaches. Sun-filled interiors blend warmth and sophistication through vaulted wood-beamed ceilings, expansive walls of glass, and an airy open floor plan that seamlessly connects the living spaces to the shoreline. The central great room and ocean-facing kitchen are designed for both relaxed daily living and elegant entertaining, all framed by the constant backdrop of the Pacific. The residence, rumored to have belonged to famed singer songwriter Joni Mitchell, includes an oceanfront primary suite, additional guest bedrooms and flexible office space, along with a detached guest house. Outdoors, the beachfront terrace leads to an extraordinary private pool and spa positioned just steps from the sand, an amenity no longer permitted under current Malibu coastal development regulations, making this offering exceptionally rare and virtually impossible to replicate today. A gated entry introduces a serene retreat where timeless architecture, irreplaceable beachfront features, and an unmatched Malibu lifestyle converge. Offering the exclusivity of Colony Beach with the convenience of direct access in and out, this is a rare opportunity to own a legacy property on one of the finest beaches in California.

Features & Amenities

FeeBuilt 1982

Property Details

Land Type
Fee
Year Built
1982
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central, Forced Air
Cooling
Central Air
View
Coastline, Ocean, Panoramic, White Water
Flooring
Carpet
Roof
Composition
City
Malibu
Zip Code
90265
County
Los Angeles
Listed byUnknown Office, Nanette S Iggulden

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$125,907.95
Principal & Interest
Loan Amount
$19,920,000
Total Interest
$25,406,862
Total Payment Over 30 Years
$45,326,862
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

23758 Malibu Road, Malibu, CA 90265

Malibu · Single Family Residence

$24.9M
Luxury Tier
Beds
5
Baths
5
Sqft
4,016
Lot
11,557 sqft
Year
1982
$/Sqft
$6200
Pool: Yes✓
Spa: Yes✓
View: city✓

Listed 120.9% above the median closed sale of $11,272,000. Price per sqft ($6,200) is a 182% premium to closed comps ($2,202). Closed comps sold at 86% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 177 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $24.90M· $6,200/sqft
Total list price
Closed comps
vs closed median $11.27M
+$13.63M (+120.9%)
Active comps
vs active median $12.99M
+$11.90M (+91.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $5,017
+$1K (+23.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
27228 Escondido Beach RoadMalibu1984464,0909,985$4,400$18.00M22277
27086 Malibu Cove Colony DriveMalibu1972453,4096,286$3,812$12.99M42876
6375 Gayton PlaceMalibu1981454,45513,958$1,054$4.70M17176
28026 Sea Lane DriveMalibu1982453,79518,864$15,810$60.00M34469
20288 Pacific Coast HighwayMalibu1955333,31710,226$8$25,000129964
Total: 5 · Average3.84.83,813.211,863.8$5,016.8$19.14M492.8
Median3,795$12.99M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
24146 Malibu RoadMalibu197607/08/2026554,3206,940$14.75M$13.75M$3,1830.9318175
24928 Malibu RoadMalibu—10/02/2026664,2506,693$13.25M$11.75M$2,7650.8921071
25002 Malibu RoadMalibu196910/06/2026344,3587,783$13.00M$8.50M$1,9500.6524571
26814 Malibu Cove Colony DriveMalibu198809/14/2026564,6406,059$12.45M$11.27M$2,4290.9118570
3449 Cloudcroft DriveMalibu196508/14/2026543,73511,515$2.79M$2.55M$6830.916565
Total: 5 · Average4.85.04,260.67,798$9.56M$9.56M$2,202—177.2
Median4,320$11.27M$11.27M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.