31240 Broad Beach Road

Malibu CA 90265

16086 sq. ft.

Single-Family

Last sold for $14,500,000

Christopher Cortazzo, last sold this property on 13 July 2023 after 153 days on market.

Overview

This stunning property has pleasant surprises throughout. A pedestrian gate leads immediately to a 2-car detached garage. Up a set of stairs is the first surprise--a living unit with a gym! The gym is equipped with a powder room, mat floors, and sliding glass doors to expand the workout area onto the deck overlooking the ocean. This is ideal for a personal trainer or professional athlete wanting a designated space. Descending to the lower balcony, you have the main unit. A private guest suite features a wood-beamed ceiling, French doors, and a balcony overlooking the ocean. The guest suite is complete with an ensuite bath, including a shower, sink, built-in cabinetry, a mini fridge, and generous closet space. Outside the guest suite, the courtyard displays a beautiful fountain before descending the final level to the main home. Upon entering the main foyer, you are greeted by ocean views before a tube elevator escorts you to the living area. The focal point of the living room is a large fireplace surrounded by plenty of built-in shelving. Plus, it has a 2-story beachfront deck with outdoor seating, a dining area with a fire pit, and a private beach. Ideal for indoor-outdoor entertaining! The kitchen features black stone countertops, accentuating the wood-beam ceiling and tile floors with modern elegance. Equipped with commercial-grade appliances, floating shelves, island seating, and an adjoining dining area, it's perfect for indulging in culinary delights. A stunning master suite showcases high ceilings, a skylight, fireplace, floating shelves, and a large walk-in closet with a laundry facility inside, plus glass French doors leading onto a private deck with a living area, wet bar, outdoor fireplace, and sweeping views of the coastline. If you're looking for a unique, luxurious property that allows you to live, work, and play, this is it! Available for lease $85,000 per month.

Features

4 bedrooms

5 bathrooms

4 carspaces

2 open car spaces

2 garage spaces

16086 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Malibu over the last 12 months, the estimated median property value of 31240 Broad Beach Road is $4.5m.

Median value

$4.5m

Estimated value range

$655k - $35m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Malibu. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 31240 Broad Beach Road

2023

Sold

$14,500,000

13 Jul 2023 by Christopher Cortazzo, of Compass

Happy sellers in Malibu

We have insufficient information to provide an overview of customer satisfaction for Malibu. Viewing the agent profiles, reviews and sales for Malibu can provide insights for this location.