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About this home
Formerly owned by acclaimed filmmaker Robert Altman, this rare oceanfront residence sits directly on one of the most coveted stretches of Malibu Road. Located within the exclusive four-residence Ocean is enclave, the home offers an opportunity rarely available on Malibu's sandy shoreline. Spanning approximately 2,363 square feet, this two-story beachfront townhome combines the scale of a single-family residence with the convenience of lock-and-leave coastal living. Walls of glass frame panoramic coastline, whitewater, and sunset views, while expansive oceanfront decks create an effortless connection to the sand below. The primary suite serves as a private retreat, complete with skylights, fireplace, generous closets, and a large ocean-view terrace positioned above the surf. Open-concept living and dining spaces feature soaring ceilings, hardwood floors, built-ins, and a second fireplace that anchors the main entertaining area. Additional highlights include central air and heat, a gated entry, attached two-car side-by-side garage, additional parking, and direct beach access. For buyers seeking a true Malibu beachfront lifestyle, this is a rare combination of pedigree, privacy, scale, and value on iconic Malibu Road.
CondoProperty Type
1981Year Built
0.45 acresLot Size
$2,529Price/Sq.Ft.
$3,000/moHOA Dues
2 garage spacesParking
Listed by Enzo Ricciardelli•DRE #01097604• Sotheby's International Realty
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
25124 Malibu Rd · $5,975,000
DAYS ON MARKET
1 days
The average home goes pending in 70 days.
SALE-TO-LIST
98.5%
Most homes are selling 2% below list price.
LIST PRICE
$5,975,000
Median sale price in this area is $626,761. (90% lower than this home)
PRICE DROP
0 price drops
18% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Open floor plan
Recessed lighting
Sunken living room
Living room balcony / attached deck
Foyer entry
Bedrooms
All bedrooms on upper level
Walk-in closets
Bathrooms
Two full bathrooms
One half bathroom
Bathrooms include bidet and shower/tub combinations
Kitchen
Gourmet kitchen with countertops and built-ins
Kitchen island
Breakfast bar
Built-in range/oven
Dishwasher
Garbage disposal
Refrigerator
Laundry & utility
Washer and dryer included
Laundry located in garage
Flooring
Wood floors
Tile floors
Cement floors
Mixed flooring
Heating & cooling
Central heating
Central air conditioning
Exterior features
Oceanfront property with beach access
Panoramic ocean, coastline, white water and city lights views
Balconies (2)
Sliding glass doors
Patio / open patio
Home design
Attached residential condo / townhouse
Split-level, two-level design
Entry on first floor
Faces west
Updated / remodeled
Gated community
Parking
Attached 2-car garage with door opener and built-in storage
Auto driveway gate
Driveway (concrete) with two additional open spaces
Total of 4 parking spaces (2 covered)
Security
Gated
Construction
Attached construction
Common walls shared
Utilities
Septic sewer
Water to street
HOA & community
HOA fee $3,000 monthly
Complex of 4 units
Pets allowed per association rules
No community athletic courts listed
Financial info
Listing accepts cash or cash to existing loan
Other
Unit is the penultimate floor (unit floor 1 in building listing context)
Complex name: Oceanis
Electricity and solar
View estimated energy costs and solar savings for this home
The MFBF district provides standards for development on beach front lots in the city and is intended to provide for a variety of residential opportunities ranging from single-family to multiple-family.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Senior
Housing-Mobile home park
Local insights from Redfin agents
The real estate market is becoming more balanced. Buyers have more inventory, more data, and more time to make informed decisions than they did a year ago. Well-priced homes are still moving quickly, but today’s market rewards preparation, strategy,...