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24818 Malibu Road, Malibu, CA 90265

$17.45M4bd · 5ba · 3,182 sqft
Lot 6,934 sqft•Single Family Residence•
Active
•16d on market•MLS# 00-26993335

Property Description

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.

Features & Amenities

FeeBuilt 1990

Property Details

Land Type
Fee
Year Built
1990
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
View
Catalina, City Lights, Coastline, Mountain(s), Ocean, Panoramic, White Water
Flooring
Wood
City
Malibu
Zip Code
90265
County
Los Angeles
Listed byUnknown Office, Christopher Cortazzo

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$88,236.70
Principal & Interest
Loan Amount
$13,960,000
Total Interest
$17,805,211
Total Payment Over 30 Years
$31,765,211
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

24818 Malibu Road, Malibu, CA 90265

Malibu · Single Family Residence

$17.45M
Luxury Tier
Beds
4
Baths
5
Sqft
3,182
Lot
6,934 sqft
Year
1990
$/Sqft
$5484
Pool: No✓
Spa: No✓
View: city✓

Listed 398.6% above the median closed sale of $3,500,000. Price per sqft ($5,484) is a 252% premium to closed comps ($1,560). Closed comps sold at 92% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 121 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $17.45M· $5,484/sqft
Total list price
Closed comps
vs closed median $3.50M
+$13.95M (+398.6%)
Active comps
vs active median $7.00M
+$10.46M (+149.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,286
+$3K (+139.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
26902 Malibu Cove Colony DriveMalibu1975452,6447,429$2,835$7.50M8783
3912 Spray LaneMalibu1963442,5879,275$1,660$4.29M8782
23351 Malibu Colony RoadMalibu1985442,8905,303$2,420$7.00M52578
6311 Tantalus DriveMalibu1964343,01731,340$1,566$4.72M5569
19824 Pacific Coast HighwayMalibu1948332,8803,825$2,951$8.50M31267
Total: 5 · Average3.64.02,803.611,434.4$2,286.4$6.40M213.2
Median2,880$7.00M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
24102 Malibu RoadMalibu197708/12/2026443,2424,194$6.95M$5.50M$1,6960.7915178
20207 Piedra Chica RoadMalibu196506/18/2026442,84611,066$3.10M$3.00M$1,0540.979970
31819 Cottontail Lane LaneMalibu197209/22/2026442,7447,377$3.69M$3.50M$1,2760.9512466
26508 Latigo Shore DriveMalibu199005/26/2026342,81727,938$8.95M$8.50M$3,0170.9512961
8400 Mipolomol RoadMalibu200407/10/2026342,899357,627$2.29M$2.20M$7590.9610460
Total: 5 · Average3.64.02,909.681,640.4$4.54M$4.54M$1,560.4—121.4
Median2,846$3.50M$3.50M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.