23950 Malibu Rd

4,800 Sq. Ft.
$3,708 / Sq. Ft.
4,800
Sq. Ft.
$3,708
per Sq. Ft.

Description

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...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.

Listing Agent

  1. Chris Cortazzo

    Chris Cortazzo

    Listing Agent

    Compass

    DRE #01190363

Property Details for 23950 Malibu Road

Water Front
Beach Rights, Ocean
Zoning
LCR16000*
Style
Modern
Accessibility Features
None
Property Attached YN
false
Parcel Number
4458008003
Total Units
1.0
Living Area
4800
LISTING UPDATED: 08/24/2020 01:31 PM

Property Details for 23950 Malibu Road

StatusSold
MLS #20-584318
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built-
Lot Size0.18 AC / 7,737 SF
CountyLos Angeles County
Buyer's Agent Compensation2.5%

Location

Listing Courtesy of Compass, Chris Cortazzo, DRE #01190363; The Agency, Tiffany Martin, DRE #01794840

Sold By Keller Williams Encino-Sherman Oaks, Jennifer Santulan, DRE #01914509; Keller Williams Encino-Sherman Oaks, Marty Azoulay, DRE #01234131

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Building Information for 23950 Malibu Road

Stories3Year Built-Building Size-Lot Size0.18 AC / 7,737 SF

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$106,272 per month

30 year fixed, 6.15% Interest

Principal and Interest

$86,754

Property Taxes

$19,518

HOA Dues

$0

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Property Information for 23950 Malibu Road

Community / Development
Community / Development
  • HOA: No
  • Number Of Units: 1
  • Amenities: None
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Number Of Stories: 3
  • View: Yes
  • View Description: Catalina
  • View: Catalina
  • Guest House: None
  • Security Features: Owned, Prewired for alarm system, Smoke Detector, T.V.
  • Maids Room: false
  • Water: District
  • Sewer: Septic Tank
  • Water Heater Features: Instant Hot Water
Contract Info
Contract Info
  • Lease Considered: No
  • Available For Lease: No
  • Lease Option: false
  • Financing: Cash, Cash To New Loan
  • Disclosures: As Is, Beach Rights, Coastal Commission Restrictions, Flood Zone
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Special Zoning: Coastal Commission, Flood
  • Additional Parcel Number: No
  • Lot Size Square Feet: 7737
  • Lot Features: Irregular Lot
  • Lot Description: Lot Shape-Irregular, Street Paved
  • Lot Location: Bay Front, Beach Access, Near Public Transit, Ocean Access, Ocean Front, Ocean Side Of Highway 1
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Attached, Door Opener, Driveway - Brick, Garage - 2 Car, On street, Parking for Guests, Private, Uncovered
  • Total Parking: 8
  • Covered Parking: 2
  • Parking Features: Garage Door Opener, Driveway - Brick, Garage - Two Door, Street, Guest, Private, Uncovered
  • Attached Garage: Yes
Interior Features
Interior Features
  • Room Type: Basement, Bonus Room, Dressing Area, Family Room, Living Room, Master Bathroom, Utility Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Rooms: Basement, Bonus Room, Breakfast Bar, Dining Area, Dressing Area, Family Room, Gym, Living Room, Master Bedroom, Pantry, Powder, Utility Room, Walk-In Closet, Walk-In Pantry, Wine Cellar, Other
  • Levels: Three Or More
  • Fireplace: Yes
  • Fireplaces: 3
  • Fireplace Features: Family Room, Gas, Master Bedroom
  • Fireplace Rooms: Exterior, Family Room, Gas, Master Bedroom
  • Den: No
  • Family Room: 1
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Flooring: Marble, Tile, Wood
  • Equipment: Alarm System, Built-Ins, Cable, Garbage Disposal, Hood Fan, Ice Maker, Intercom, Microwave, Network Wire, Phone System, Range/Oven, Refrigerator
  • 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
  • Room Kitchen Features: Kitchen Island, Kitchen Open to Family Room, Walk-In Pantry
  • Kitchen Features: Gourmet Kitchen, Island, Marble Counters, Open to Family Room, Pantry
  • Room Bathroom Features: Vanity area, Linen Closet/Storage, Shower, Tile Counters
  • Bathroom Features: Double Vanity(s), Linen Closet, Powder Room, Shower Over Tub, Shower Stall, Tile, Tub Only
  • Bedroom Features: All Bedrooms Up, Dressing Area, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Built-Ins, Convection Oven, Double Oven, Free Standing Gas, Microwave, Oven-Gas, Range, Range Hood
  • Laundry: Inside, On Upper Level, Room
  • Disability Access: None
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Family Room, In Kitchen, Living Room, Other - See Remarks
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Family Room, In Kitchen, In Living Room, See Remarks
  • TV Services: Cable TV
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: Yes
  • Spa: Above Ground, Heated, Hot Tub, Private
  • Tennis: No
  • Tennis Court: None
  • Sprinklers: None
  • Patio Features: Balcony, Deck(s), Tile
  • Entry Location: Ground Level - no steps
  • Windows: Custom Window Covering, Double Pane Windows
  • New Construction: No
  • Other Structural Features: Balcony, High Ceilings (9 Feet+), Sliding Glass Doors
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-29-2020
  • Listing Terms: Cash, Cash To New Loan

Property History for 23950 Malibu Road

DateEvent & SourcePriceAppreciation
Aug 24, 2020

Sold

CLAW #20-584318

$17,800,000—
Aug 24, 2020

Sold

CRMLS #20584318

$17,800,000—
Aug 21, 2020

Expired

CRMLS #20562498

$20,000,000—
Aug 20, 2020

Expired

CLAW #20-562498

$20,000,000—
Aug 14, 2020

Sold (Public Record)

Public Record #675648570

$17,800,000

+16.6% / yr

Aug 13, 2020

Pending

CRMLS #20584318

—
Jul 30, 2020

Accepting Backup Offers

CRMLS #20584318

—
Jul 29, 2020

Pending

CRMLS #20584318

—
Jul 29, 2020

Pending

CLAW #20-584318

—
Jul 7, 2020

Price Change

CRMLS #20584318

$18,995,000—
Jul 7, 2020

Price Change

CLAW #20-584318

$18,995,000—
May 29, 2020

Listed (Active)

CLAW #20-584318

$20,000,000—
May 29, 2020

Listed (Active)

CRMLS #20584318

$20,000,000—
Mar 23, 2020

Withdrawn / Cancelled

CRMLS #20562498

—
Mar 23, 2020

Expired

SDMLS #20562498

—
Mar 9, 2020

Listed (Active)

CLAW #20-562498

$20,000,000—
Mar 9, 2020

Listed (Active)

SDMLS #20562498

$20,000,000—
Mar 9, 2020

Listed (Active)

CRMLS #20562498

$20,000,000—
Feb 20, 2020

Expired

CRMLS #19502636

$20,000,000—
Feb 20, 2020

Expired

SDMLS #19502636

—
Feb 19, 2020

Expired

CLAW #19-502636

$20,000,000—
Aug 22, 2019

Listed (Active)

CLAW #19-502636

$20,000,000—
Aug 22, 2019

Listed (Active)

CRMLS #19502636

$20,000,000—
Aug 22, 2019

Listed (Active)

SDMLS #19502636

$20,000,000—
Jul 24, 2019

Expired

CRMLS #19430206

$22,900,000—
Jul 23, 2019

Expired

CLAW #19-430206

$22,900,000—
Jul 12, 2019

Expired

SDMLS #19430206

—
Feb 4, 2019

Listed (Active)

CLAW #19-430206

$22,900,000—
Feb 4, 2019

Listed (Active)

CRMLS #19430206

$22,900,000—
Feb 4, 2019

Listed (Active)

SDMLS #19430206

$22,900,000—
Jul 17, 2014

Sold

CLAW #14-730429

$7,010,000—
Jul 17, 2014

Sold

CRMLS #14730429

$7,010,000—
Jul 15, 2014

Sold (Public Record)

Public Record #419584059

$7,010,000—
Jun 6, 2014

Pending

CRMLS #14730429

—
Jun 6, 2014

Pending

CLAW #14-730429

—
Apr 27, 2014

Price Change

CRMLS #14730429

$8,950,000—
Jan 17, 2014

Listed (Active)

CRMLS #14730429

$9,750,000—
Jan 17, 2014

Listed (Active)

CLAW #14-730429

$9,750,000—
Sep 2, 2004

Sold

CLAW #04-040938

—
Aug 5, 2004

Pending

CLAW #04-040938

—
Jun 4, 2004

Listed (Active)

CLAW #04-040938

$7,495,000—
Dec 4, 2002

Expired

CLAW #02-031783

$3,895,000—
Jun 4, 2002

Listed (Active)

CLAW #02-031783

$3,895,000—
Jan 3, 2002

Expired

CLAW #01-040535

$3,895,000—
Jul 3, 2001

Listed (Active)

CLAW #01-040535

$3,895,000—
Nov 19, 1999

Expired

CLAW #99-022362

$2,995,000—
May 13, 1999

Sold

CLAW #630553

$1,690,000—
May 13, 1999

Sold

CRMLS #630553

$1,690,000—
May 12, 1999

Pending

CLAW #630553

—
May 12, 1999

Pending

CRMLS #630553

—
May 10, 1999

Listed (Active)

CLAW #99-022362

$2,595,000—
Nov 3, 1998

Listed (Active)

CLAW #630553

$2,495,000—
Oct 16, 1998

Listed (Active)

CRMLS #630553

$1,795,000—
DateEvent & SourcePrice
08/24/2020

Sold

CLAW #20-584318

$17,800,000
08/24/2020

Sold

CRMLS #20584318

$17,800,000
08/21/2020

Expired

CRMLS #20562498

$20,000,000
08/20/2020

Expired

CLAW #20-562498

$20,000,000
08/14/2020

Sold (Public Record)

Public Record #675648570

$17,800,000

+16.6% / yr

08/13/2020

Pending

CRMLS #20584318

—
07/30/2020

Accepting Backup Offers

CRMLS #20584318

—
07/29/2020

Pending

CRMLS #20584318

—
07/29/2020

Pending

CLAW #20-584318

—
07/07/2020

Price Change

CRMLS #20584318

$18,995,000
07/07/2020

Price Change

CLAW #20-584318

$18,995,000
05/29/2020

Listed (Active)

CLAW #20-584318

$20,000,000
05/29/2020

Listed (Active)

CRMLS #20584318

$20,000,000
03/23/2020

Withdrawn / Cancelled

CRMLS #20562498

—
03/23/2020

Expired

SDMLS #20562498

—
03/09/2020

Listed (Active)

CLAW #20-562498

$20,000,000
03/09/2020

Listed (Active)

SDMLS #20562498

$20,000,000
03/09/2020

Listed (Active)

CRMLS #20562498

$20,000,000
02/20/2020

Expired

CRMLS #19502636

$20,000,000
02/20/2020

Expired

SDMLS #19502636

—
02/19/2020

Expired

CLAW #19-502636

$20,000,000
08/22/2019

Listed (Active)

CLAW #19-502636

$20,000,000
08/22/2019

Listed (Active)

CRMLS #19502636

$20,000,000
08/22/2019

Listed (Active)

SDMLS #19502636

$20,000,000
07/24/2019

Expired

CRMLS #19430206

$22,900,000
07/23/2019

Expired

CLAW #19-430206

$22,900,000
07/12/2019

Expired

SDMLS #19430206

—
02/04/2019

Listed (Active)

CLAW #19-430206

$22,900,000
02/04/2019

Listed (Active)

CRMLS #19430206

$22,900,000
02/04/2019

Listed (Active)

SDMLS #19430206

$22,900,000
07/17/2014

Sold

CLAW #14-730429

$7,010,000
07/17/2014

Sold

CRMLS #14730429

$7,010,000
07/15/2014

Sold (Public Record)

Public Record #419584059

$7,010,000
06/06/2014

Pending

CRMLS #14730429

—
06/06/2014

Pending

CLAW #14-730429

—
04/27/2014

Price Change

CRMLS #14730429

$8,950,000
01/17/2014

Listed (Active)

CRMLS #14730429

$9,750,000
01/17/2014

Listed (Active)

CLAW #14-730429

$9,750,000
09/02/2004

Sold

CLAW #04-040938

—
08/05/2004

Pending

CLAW #04-040938

—
06/04/2004

Listed (Active)

CLAW #04-040938

$7,495,000
12/04/2002

Expired

CLAW #02-031783

$3,895,000
06/04/2002

Listed (Active)

CLAW #02-031783

$3,895,000
01/03/2002

Expired

CLAW #01-040535

$3,895,000
07/03/2001

Listed (Active)

CLAW #01-040535

$3,895,000
11/19/1999

Expired

CLAW #99-022362

$2,995,000
05/13/1999

Sold

CLAW #630553

$1,690,000
05/13/1999

Sold

CRMLS #630553

$1,690,000
05/12/1999

Pending

CLAW #630553

—
05/12/1999

Pending

CRMLS #630553

—
05/10/1999

Listed (Active)

CLAW #99-022362

$2,595,000
11/03/1998

Listed (Active)

CLAW #630553

$2,495,000
10/16/1998

Listed (Active)

CRMLS #630553

$1,795,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 23950 Malibu Road

Taxable ValueLand$17,318,914Additions$1,948,377Total$19,267,291
Tax Record2025$234,220 ($19,518 / month)
Home Facts
Beds5Total Finished SqFt4,076 SqFtAbove Grade Finished SqFt4,076 SqFtStories2Lot Size7,737 SqFtStyleSingle Family ResidenceYear Built1953ZoningLCR16000*CountyLOS ANGELESAPN4458-008-003

Schools near 23950 Malibu Road

This home is within Santa Monica-Malibu Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Webster Elementary School
PublicK to 5

Malibu Middle
Public6 to 8

Malibu High School
Public9 to 12

Santa Monica Alternative (K-8) School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Compass, Chris Cortazzo, DRE #01190363; The Agency, Tiffany Martin, DRE #01794840

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.