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24572 Malibu Rd, Malibu, CA 90265

List Price: $180,000On Market FlagOn market
May 7, 20244,916 sqft4 beds5 baths
Listed by: Christopher Cortazzo
License #: 01190363
Phone #: 310-457-3995
Compass
Source:
CRMLS Logo
MLS #: 24387285

Property Description

Both a private beachfront retreat and a majestic setting for grand entertaining, this elegant architectural estate is filled with natural light and sensational ocean, island, and coastline views. With approximately 81 feet of beach frontage on prestigious Malibu Road, the residence has been gorgeously updated for comfort, quality, and architectural integrity. Complete with pool, full-width balconies on two levels, walls of glass, and luxurious indoor-outdoor entertaining spaces, this is a year-round getaway convenient to Pepperdine University, beaches, trails, and all the attractions that Malibu has to offer. Gated and private, the home is built around a tranquil ocean-view courtyard, which has an expansive deck, a firepit lounge area, an outdoor kitchen and barbecue, and a waterfall swimming pool and spa. A door from the courtyard provides stairway access to the pristine beach below. The home's bold lines are emphasized by a long, ocean-view hallway with skylights overhead and up-lit glass insets in the floor. Along this hallway is a modernist wet bar with views of both the pool and the ocean, plus bar seating, a stone trough sink, and cabinets and counter space for spirits and storage. The end of the hall opens into two dramatic, oceanfront spaces with soaring barrel-vault ceilings, clerestory windows, and huge glass doors that open to the upper-level deck. On one side, the handsomely furnished living room has a linear fireplace, a built-in display bench, and glass doors opening to both the pool and the deck. On the other side, also opening to the deck, is the impressive kitchen/dining area. The kitchen is spacious both for food preparation and for entertaining. A large island with bar seating has a gorgeous live-edge countertop. Top-quality Miele appliances, generous storage and counter space, including lighted glass-front cabinets, and an over-sink picture window with views of Point Dume will please the most demanding chef or host. Adjoining the kitchen, with another barrel-vaulted ceiling, is the dining area with ample space for large gatherings that can extend easily to the deck just outside. Completing the home's main level is an ocean-view bedroom suite, a laundry room, and a powder room. On the lower level are three bedrooms, all opening to another beachfront deck. The primary suite is a private haven, with beautiful wood finishes, a platform bed, a sitting area separated by a double-sided fireplace, a wet bar, a walk-in closet with a magnificent burl bench, and a romantic spa-style bath with a sauna. In addition to the main deck, the primary suite opens to a pergola-shaded deck at the side of the house, where a hot tub, hammock, and lounge chairs offer a private, ocean-view oasis. A two-car garage, smart-home systems, and generous storage complete this sublime beachfront estate.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$635,535

TurboHome Estimated Value

$21,274,500

$4,328 sqft

High Valuation
$22,338,225
$4544/sqft
Normal Valuation
$21,274,500
$4328/sqft
Low Valuation
$20,210,775
$4111/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$4328/sqft$21,274,500

Neighborhood

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Comparative Value

$180K

$22.50M

24572 Malibu Rd, Malibu, CA 90265

List Price: $180,000

Subject Property

23450 Malibu Colony Rd, Malibu, CA 90265

Sale Price: $22,500,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
24572 Malibu Rd, Malibu, CA 90265

24572 Malibu Rd, Malibu, CA 90265

List: $180,000

Listed: 5/7/2024

Area:4,916 sqft
Price/sqft:$37
Beds:4
Baths:5
Year Built:
Lot Size:11,739

Comparable Properties

COMPARABLE
Choose comps
23450 Malibu Colony Rd, Malibu, CA 90265

23450 Malibu Colony Rd, Malibu, CA 90265

Sale: $22,500,000

10/8/20241.43 mi

Area:4,959 sqft
Price/sqft:$4,537
Beds:4
Baths:6
Year Built:
Weight:100.0%

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