Hockey legend Chris Chelios has returned to the Malibu market with his stunning Paradise Cove oceanfront home, now listed for just under $60 million, down from the $75 million asking price in 2023. Sitting atop a picturesque bluff with approximately 90 feet of direct ocean frontage, this nearly half-acre estate offers a rare combination of privacy, panoramic water views, and classic California beach living.
Chelios and his wife Tracee purchased the property in 2003 for $6 million, envisioning it as a serene vacation retreat. Over the past two decades, the home has been carefully maintained and updated, combining the charm of its early 1980s construction with modern comforts. The 3,800-square-foot main residence features four bedrooms, five bathrooms, and walls of glass that bring the Pacific Ocean into every room.
A spokesperson for Chelios told californialuxuryhouses that the property has been a cherished family retreat and that the couple hopes the next owners will appreciate its unique blend of privacy and elegance.
A Malibu Estate Perfectly Designed for Coastal Living
Tucked at the end of a secluded cul-de-sac, the property is accessed via a long, gated driveway, ensuring privacy from the world. The three-story main house opens with an inviting foyer that flows seamlessly into the fireside living room, where collapsible glass doors extend to an alfresco deck overlooking the ocean. Expansive decks, multiple seating areas, and outdoor spaces make entertaining or relaxing an effortless experience.
Carl Gambino and John Bercsi of the Gambino Group at Compass, the listing agents, shared with californialuxuryhouses that “this Malibu estate is the epitome of oceanfront living. The combination of privacy, breathtaking views, and seamless indoor-outdoor design makes it a rare offering in the market today.”
Luxurious Interiors for Comfort and Style
The main residence features a loft-style bedroom upstairs alongside three additional bedrooms. The primary suite serves as a private sanctuary, complete with a fireplace, sitting area, private balcony, and expansive walk-in closet. Its bathroom is outfitted with dual vanities, a soaking tub, and a glass-enclosed shower. Additional spaces include a media room and a game room, providing both relaxation and entertainment for family and guests.
A Malibu-based interior designer shared with californialuxuryhouses that “the Chelios home embodies understated luxury. Every space, from the kitchen’s eat-in island to the ocean-facing decks, is designed to embrace the coastal environment while supporting comfortable daily living.”
Guesthouse and Outdoor Amenities
A short flight of stairs leads to a beachside guesthouse featuring a bedroom, living area, and kitchen, offering privacy for visitors. The estate includes a rooftop deck, hot tub, and barrel sauna, all designed to complement the oceanfront lifestyle. The property’s generous size allows for intimate gatherings and larger entertaining, while maintaining discretion from neighboring homes.
A local real estate analyst told californialuxuryhouses that “homes like the Chelios estate rarely appear on the market. The combination of oceanfront exposure, architectural charm, and private outdoor amenities makes it highly desirable to buyers seeking both prestige and lifestyle.”
A Home Steeped in History
Built in the early 1980s, the Chelios Malibu Home has undergone careful renovations to retain its classic character while updating it for contemporary living. Chris Chelios, a three-time Stanley Cup champion with a 27-year NHL career, acquired the estate as a vacation getaway. Over the years, it has become a family sanctuary, hosting countless memories for the couple.
In a statement to californialuxuryhouses, a spokesperson for Chelios said, “Chris and Tracee are now grandparents and are seeking a vacation property closer to their children. The home has been a beloved family retreat, and they hope its next owners will cherish it as much as they have.”
Lifestyle and Community Amenities
Paradise Cove is one of Malibu’s most sought-after neighborhoods, offering a serene coastal environment while maintaining convenient access to city amenities. Residents enjoy pristine beaches, boutique dining, wellness facilities, and private yacht clubs. Nearby Malibu Country Mart offers cafés, artisanal shops, and lifestyle amenities, while the region’s highly regarded schools and healthcare options make it suitable for families.
A local community representative told californialuxuryhouses that “the Chelios estate raises the bar for Malibu oceanfront living. Its combination of classic architecture, private outdoor spaces, and panoramic views sets a benchmark for future luxury developments in the area.”
An Iconic Opportunity on Malibu’s Coast
With a listing price of $60 million, the Chris Chelios Malibu Home represents a rare chance to acquire a fully realized oceanfront estate in one of Southern California’s most coveted locations. Its unique combination of privacy, luxury, and breathtaking views distinguishes it among Malibu’s elite properties.
Chelios’ residence is more than a home; it is a symbol of the quintessential Malibu lifestyle, offering both tranquility and proximity to the region’s finest attractions. californialuxuryhouses notes that estates of this caliber, with direct beach access and thoughtfully curated amenities, are exceedingly rare on the market.
Whether for entertaining, family gatherings, or quiet coastal retreats, this Malibu home offers a lifestyle that few can access, making it a once-in-a-generation opportunity for discerning buyers.