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24604 Malibu Road, Malibu, CA 90265

$9.99M3bd · 4ba · 2,351 sqft
Lot 7,124 sqft•Single Family Residence•
Active
•84d on market•MLS# 00-26869369

Property Description

Beautiful, turnkey beachfront retreat in the coveted Malibu Road enclave, offering a seamless blend of classic Cape Cod charm and refined, modern interiors. Fully remodeled with a clean, coastal aesthetic, the home captures sweeping ocean views from nearly every angle. Expansive Fleetwood doors open to a sun-drenched oceanfront deck, creating effortless indoor-outdoor living. Vaulted, wood-beamed ceilings anchor the open-concept living spaces, which include a gourmet kitchen outfitted with top-of-the-line appliances, along with generous dining and living areas designed for both everyday comfort and elevated entertaining. The thoughtfully designed floor plan features a serene primary suite and two additional bedrooms, providing both functionality and flexibility in an exceptional beachfront setting.

Features & Amenities

FeeBuilt 1954

Property Details

Land Type
Fee
Year Built
1954
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
View
Coastline, Ocean, Panoramic, White Water
Flooring
Carpet, Tile, Wood
City
Malibu
Zip Code
90265
County
Los Angeles
Listed byCarolwood Estates, Cooper Mount

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$50,540.16
Principal & Interest
Loan Amount
$7,996,000
Total Interest
$10,198,457
Total Payment Over 30 Years
$18,194,457
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 · 4 closed

24604 Malibu Road, Malibu, CA 90265

Malibu · Single Family Residence

$9.99M
Luxury Tier
Beds
3
Baths
4
Sqft
2,351
Lot
7,124 sqft
Year
1954
$/Sqft
$4251
Pool: No✓
Spa: No✓
View: city✓

Listed in line with the median closed sale of $9,886,000. Price per sqft ($4,251) is a 80% premium to closed comps ($2,368). Closed comps sold at 86% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 191 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $9.99M· $4,251/sqft
Total list price
Closed comps
vs closed median $11.27M
−$1.28M (−11.3%)
Active comps
vs active median $10.20M
−$205K (−2.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $5,171
−$920 (−17.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
24742 Malibu RoadMalibu1951221,2507,499$7,036$8.79M6877
24956 Malibu RoadMalibu1959231,4998,086$7,305$10.95M10363
25006 Malibu RoadMalibu1957443,3058,169$2,965$9.80M16263
23561 Malibu Colony RoadMalibu1949453,8006,649$2,882$10.95M9759
27044 Malibu Cove Colony DriveMalibu1961321,8007,208$5,667$10.20M8458
Total: 5 · Average3.03.22,330.87,522.2$5,171$10.14M102.8
Median1,800$10.20M

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
25002 Malibu RoadMalibu196910/06/2026344,3587,783$13.00M$8.50M$1,9500.6524670
26508 Latigo Shore DriveMalibu199005/26/2026342,81727,938$8.95M$8.50M$3,0170.9513049
26814 Malibu Cove Colony DriveMalibu198809/14/2026564,6406,059$12.45M$11.27M$2,4290.9118641
3511 Cross Creek LaneMalibu197211/19/2025465,50553,936$12.50M$11.44M$2,0780.9220122
Total: 4 · Average3.85.04,33023,929$9.93M$9.93M$2,368.5—190.75
Median4,640$11.27M$11.27M

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.