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31388 Broad Beach Rd, Malibu, CA 90265

List Price: $21,500,000On Market FlagOn market
Nov 4, 20243,191 sqft5 beds6 baths
Listed by: Christopher Cortazzo
License #: 01190363
Phone #: 310-457-3995
Compass
Source:
CRMLS Logo
MLS #: 24460179

Property Description

Welcome to a completely remodeled luxury estate where modern elegance meets panoramic ocean views on approximately 80 feet of beach frontage. This exquisite property retains its original configuration but has undergone a 95% renovation to deliver a sophisticated, updated living experience. As you arrive, gated parking welcomes you, along with a driveway that accommodates up to six vehicles, including a two-car garage. The secured entrance features a gated walkway equipped with a camera and intercom, offering both privacy and peace of mind. Steps lead you down from the main road into a serene setting with immediate ocean vistas.Upon entering the home through a large glass front door, you are greeted by an open floor plan designed to embrace natural light, thanks to skylights and floor-to-ceiling windows. The living area boasts limestone tile floors and wood-beamed ceilings with recessed lighting, all set against the stunning backdrop of the Pacific Ocean. Sliding glass doors open to both the oceanfront deck and the pool area, inviting you to enjoy seamless indoor-outdoor living. The dining area, adjacent to the living room, offers metered glass windows with coastline views, flowing naturally into the modern kitchen. The kitchen is a chef's dream, featuring black stone counters, a six-burner Thermador range with BBQ, double convection ovens, and a Gaggenau appliance suite, including a built-in coffee machine, dishwasher, fridge, and freezer. With floating illuminated shelves, a pot line, and a striking green tile backsplash, this kitchen combines functionality with style.Off the living room, a media room awaits, equipped with built-ins, illuminated shelving, a large television, and automatic shades. A glass door opens to the courtyard, where stone-tile floors frame an in-ground pool with ocean views. The courtyard also offers ample seating, including a covered area by the in-ground jacuzzi. For added convenience, the detached laundry room is located on the bottom deck, complete with stone counters, tons of storage, and limestone tile floors. This outdoor space also includes a covered outdoor shower, ideal for rinsing off after a day by the pool or beach.The home's layout offers four bedrooms downstairs and a master suite upstairs. Each bedroom features luxurious finishes, including wood or stone floors, en-suite bathrooms with stone counters, and skylights. One of the bedrooms is designed as an office with ocean views, while another offers automatic lights and custom-built storage. The master suite is accessed via a separate staircase, where a stunning light fixture sets the tone for luxury. With wood floors, views of both the ocean and pool, a walk-in closet with illuminated built-ins, and a state-of-the-art speaker system, the master suite is a private sanctuary. The master bath is equally indulgent, featuring waterfall stone counters, a freestanding tub, a stone shower stall with a steam function, and double shower heads.The home also includes modern amenities like central air conditioning, a full alarm system, and a tankless water heater. The lower deck is the perfect spot to relax and take in the coastline views or watch dolphins play in the surf. With its covered seating area and ample space for lounging, this outdoor oasis provides the perfect setting for unwinding or entertaining.This estate offers an unparalleled blend of luxury, privacy, and breathtaking natural beauty, making it a rare gem on the market. The house pays only 25% of the annual beach assessment, a rare benefit that results in significant yearly savings.
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

$303,012

TurboHome Estimated Value

$20,850,400

$6,534 sqft

High Valuation
$21,892,920
$6861/sqft
Normal Valuation
$20,850,400
$6534/sqft
Low Valuation
$19,807,880
$6207/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$6534/sqft$20,850,400

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