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About this home
Completely remodeled by Babineau Construction, this contemporary oceanfront residence is ideally positioned on coveted Malibu Road with 60 feet of ocean frontage and sweeping coastline and island views. Thoughtfully designed with a refined coastal aesthetic, the four-bedroom, four-and-a-half-bath home features custom white oak cabinetry, plaster walls, and beautifully curated finishes throughout. The open-concept living and dining areas are oriented toward the ocean and complemented by a bespoke bar, creating an effortless setting for entertaining. An expansive primary suite extends the length of the home and features a spacious bath and generous walk-in closet. Outdoors, a 60-foot oceanfront deck spans the residence, offering an exceptional setting for dining, lounging, and taking in the Pacific views. Additional amenities include dedicated surfboard storage and an outdoor shower. Set directly along the sand in one of Malibu's most sought-after locations, the property is moments from Nobu and Soho House and within easy reach of Santa Monica.
Single-familyProperty Type
1990Year Built
6,934 sq ftLot Size
$6,210Price/Sq.Ft.
2 car garageParking
Listed by Christopher Cortazzo•DRE #01190363• Compass
•310-579-5887 (agent)
•chris@chriscortazzo.com (agent)
Listed by Michael Fahimian•DRE #02028482• The Beverly Hills Estates
Malibu Road, located between Carbon Beach and Malibu Lagoon State Beach, is a coastal and residential Malibu neighborhood with a narrow beachfront lane and a low-slung, oceanfront streetscape. The neighborhood’s character concentrates around the Malibu Pier, where surf breaks, a working pier, and small-market energy set the tone. The Malibu Farm Restaurant and Malibu Farm Cafe act as local pillars, pairing ocean views with a casual, polished dining scene. Along the road, mid-century beach cottages mix with contemporary glass-and-wood rebuilds, many set just above the sand. Mornings track with paddleboards and joggers, while afternoons bring sun-faded patios and the sound of shorebreak. The geography stays intimate: one ribbon of homes, the Pacific on one side and the Santa Monica Mountains rising behind.
Provided by Walk Score and Local Logic
Market insights
24818 Malibu Rd · $17,450,000
DAYS ON MARKET
1 days
The average home goes pending in 45 days.
SALE-TO-LIST
99.9%
Most homes are selling 0% below list price.
LIST PRICE
$17,450,000
Median sale price in this area is $1,016,665. (94% lower than this home)
PRICE DROP
0 price drops
17% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Built-in shelving/cabinets
Alarm system
Gas or electric range/oven
Garbage disposal
Has fireplace in the living room
Walk-in closet
Covered patio
Bedrooms
Multiple-level bedrooms (home has two stories)
Bathrooms
Four full bathrooms
One half bathroom
Kitchen
Dishwasher
Refrigerator
Freezer
Range/oven
Garbage disposal
Built-in storage
Laundry & utility
Laundry room inside the home
Flooring
Hardwood floors
Heating & cooling
Central heating
Central cooling
Exterior features
Panoramic views including ocean, coastline, Catalina, white water, mountains, city and city lights
Landscaped lot with modest dimensions (approximately 49 x 143)
No additional detached structures noted
Home design
Detached single-family home
Two total floors
Multi-level interior layout
Coastal Commission zoning/restrictions
Parking
2-car garage with door opener
Driveway parking
Uncovered and unassigned parking available
Private parking
Security
Alarm system
Construction
Detached construction with no common walls
Utilities
Standard municipal utilities (water/sewer/power not otherwise specified)
Financial info
Listing accepts cash or cash to new loan
Other
Property offered with Coastal Commission restrictions
Possession at close of escrow
Electricity and solar
View estimated energy costs and solar savings for this home
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
Climate risks
7/10 Flood Factor
Estimated 73-81% chance of a flood reaching the building in the next 30 years
6/10 Fire Factor
10% chance of being in a wildfire in next 30 years
4/10 Heat Factor
6 days above 83° expected this year, 16 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)
65
53
65
53
65
54
63
54
65
55
67
57
72
61
75
62
74
62
70
58
65
54
64
52
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
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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
Redfin Estimate for 24818 Malibu Rd
$17,059,926
$390K under list price of $17.5M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $2.7M to $31.3M.