Luxury Malibu Estate with Bali-Inspired Design and Stunning Ocean Views Relisted at $41,500,000

24834 Pacific Coast Hwy, Malibu, CA 90265

Listed by Christopher Cortazzo & Basya Gradon at Compass.

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Property Photos Gallery

Photos provided by Christopher Cortazzo & Basya Gradon at Compass.

Property Description

With breathtaking views, Bali-inspired design, and every contemporary comfort, this magnificent estate is a serene sanctuary for exquisite living and impressive entertaining. The private, gated property of over 1.2 acres extends from PCH to Malibu Road, perfectly landscaped and commanding expansive ocean views. A long palm-lined drive leads past a two-story, two-bedroom guesthouse, a lighted north-south tennis court and pavilion, and a fountain, waterfall, and gardens before arriving at the enormous motor court and four-car garage. A dramatic gateway and long, serene palm-lined reflecting pool lead between the wings of the U-shaped house to the gorgeous double-door entry. With interiors designed by Martyn Lawrence Bullard and stunning sight-lines to the ocean, the house is detailed with ornate wood carving, very tall beamed ceilings, wood and stone floors, and full-width exterior doors that vanish to offer seamless flow between indoors and out. The entry steps down to the formal living room, which includes a generous dining area, a pair of facing fireplaces, and a wall of glass that opens onto a roomy patio with a fireplace, stunning ocean view, and a nearby fountain and barbecue island. Adjoining the living room is a spectacular ocean-view great room that includes a family room with fireplace, dining area, and a gourmet kitchen with a huge stone-topped island with seating, deeply recessed tray ceilings, beautiful cabinetry, and a pantry. One wing of the house has two bedrooms and a laundry room. The other wing features a majestic ocean-view owner’s retreat with high wood beamed ceilings, beautiful wall coverings, wood floors, and a wide glass doorway opening to a tranquil covered patio. A hallway leads to a luxurious bath, two very large closets/dressing areas, and, at the end of the hall, a resplendent Bali-inspired library/study with high coved ceilings, a wall of built-in book shelves and cabinets, a fireplace, and doors to the patio and to a private sitting area. The home’s lower level features a party-perfect bar room highlighted with ornate metalwork that encloses a large wine storage area. The bar extends into a spacious tiered home projection theater. A long hallway leads to a second powder room, a changing room, and another bar, which opens to the lower patio, spa, sitting areas, and lawns, as well as the infinity ozone pool, patio, cabana, and private steps to Malibu Road and access to the beach/ocean. With Crestron electronics and full-house water filtration, this remarkable estate is a livable legacy.

Property Features

Property Price History

Date	Event	Price	Price/Sqft	Source
10/30/2023	Listing Removed	–	–	TheMLSCLAW
10/25/2023	Listed	$41,500,000	$4,150	TheMLSCLAW
06/21/2023	Listed For Rent	$180,000	$18	TheMLSCLAW
05/26/2023	Listing Removed	–	–	TheMLSCLAW
05/24/2023	Listed	$45,000,000	$4,500	TheMLSCLAW
12/05/2022	Listed For Rent	$200,000	$20	TheMLSCLAW
11/30/2022	Listing Removed	–	–	TheMLSCLAW
05/24/2022	Listed For Rent	$200,000	$20	TheMLSCLAW
05/01/2022	Listing Removed	–	–	TheMLSCLAW
11/10/2021	Listed For Rent	$200,000	$20	TheMLSCLAW
09/25/2021	Listing Removed	–	–	TheMLSCLAW
04/30/2021	Listing Removed	–	–	TheMLSCLAW
03/25/2021	Listed For Rent	$200,000	$20	TheMLSCLAW
03/25/2021	Price Changed	$52,000,000	$5,200	TheMLSCLAW
07/08/2020	Listed	$65,000,000	$6,500	TheMLSCLAW
06/18/2010	Listing Removed	$13,900,000	$1,995	TheMLSCLAW
05/31/2010	Listing Removed	$13,900,000	$1,995	ITECH
03/23/2010	Listing Removed	$13,900,000	$1,995	SoCalMLS
02/09/2010	Price Changed	$13,900,000	$1,995	SoCalMLS
02/06/2010	Listing Removed	$13,900,000	$1,995	TheMLSCLAW
10/18/2009	Price Changed	$14,900,000	$2,139	TheMLSCLAW
08/29/2009	Price Changed	$17,900,000	$2,569	TheMLSCLAW
08/25/2009	Listed	$13,900,000	$1,995	TheMLSCLAW
08/25/2009	Listed	$14,900,000	$2,139	SoCalMLS
08/18/2009	Listed	$14,900,000	$2,139	TheMLSCLAW
08/17/2009	Listed	$13,900,000	$1,995	ITECH
06/30/2009	Listing Removed	$14,900,000	$2,139	ITECH
02/28/2009	Listing Removed	$14,900,000	$2,139	TheMLSCLAW
06/05/2008	Listed	$16,900,000	$2,426	TheMLSCLAW
05/14/2008	Listed	$14,900,000	$2,139	ITECH
05/23/2007	Sold	$10,000,000	$1,250	Public Record
06/23/2006	Listing Removed	$11,490,000	$1,649	ITECH
09/22/2005	Listed	$11,490,000	$1,649	ITECH
08/30/2004	Sold	$6,150,000	$769	Public Record
01/16/2002	Listing Removed	$5,995,000	$860	ITECH
07/31/2001	Listing Removed	$5,950,000	$854	ITECH
07/16/2001	Listed	$5,995,000	$860	ITECH
10/30/2000	Listed	$5,950,000	$854	ITECH
09/09/2000	Listing Removed	$6,750,000	$969	ITECH
03/08/2000	Listed	$6,750,000	$969	ITECH
09/15/1993	Sold	$4,950,000	$619	Public Record

Property Reference

Contact Christopher Cortazzo, Phone: 310-457-3995 & Basya Gradon, Phone: 323-447-7331 at Compass for more information. See the LISTING here.

Reminder: Above information of the property might be changed, updated, revised and it may not be on sale at the time you are reading this article. Please check current status of the property at links on Real Estate Platforms that are listed above.