31271 Bailard Road, Malibu, CA 90265

$3,999,000 Asking Price

5 beds
4 baths
3,462  sqft
Built in 1988

This custom built and recently remodeled residence sits on 1+acre of land in Malibu with panoramic ocean views. The main residence offers three distinct levels that deliver a complimentary blend of beach life and modern functionalities. Warm wide planked floors cover the expansive living and dining areas beaming with vaulted ceilings and an array of windows that frame the iconic Broad Beach views. The chef's kitchen is equipped with Viking appliances, a seated breakfast bar and spacious pantry. The main level showcases views on all sides with a wrap-around balcony that takes you along the kitchen, living room, and main floor bedroom. Downstairs, the spacious primary suite awaits, fit with a built-in fireplace, luxurious spa-like bathroom with a marbled shower, gold accents, a separate soaking tub, vanity and a massive walk-in closet. An additional bedroom, laundry room, and flex space sunroom complete the lower level. Big views continue from the top floor, offering a constant reminder of the unparalleled beauty of Malibu! This level offers it's own family room and wet bar, accompanied by two bedrooms and one full bathroom en-suite. Beyond the residence, a secure gated entrance welcomes you to lush gardens and ample entertainment space, perfect for hosting gatherings or adding a pool. Adjacent to the main house and yard lies an expansive portion of vacant land, presenting endless opportunities for expansion and/or customization. Whether envisioning a guest house, pool and spa oasis, sports field, or recording studio, the options are boundless! Explore income-generating opportunities such as solar farms, rentals, or construction parking, and elevate your investment to new heights. Don't miss this extraordinary chance to claim a piece of Malibu paradise. Additional recent upgrades to the property include a 17 camera security system, all new bathrooms, appliances, floors, doors, new garage doors, HVAC and a full re-stucco of the homes exterior. The property is also plumbed with a manual exterior roof fire sprinkler system, which can be fed by city water or from a dedicated 750 gallon water storage tank and powered by a 7500 kW propane generator and pressured controlled lift pump.


Features & Amenities

Interior

General:
Walk-In Closet(s)
Appliances:
Dishwasher,Refrigerator,Dryer,Washer
Laundry:
Laundry Room
Flooring:
Tile,Wood
A/C:
true, Central Air
Heating:
true, Forced Air
Fireplace:
Primary Bedroom, Fireplace

Exterior

General:
Shed(s)
Style:
Traditional
Other Structures:
Shed(s)
Pool:
None
Parking:
Door-Multi,Driveway,Garage, Parking spaces: 4

Construction

General:
Stucco, 3

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LCRA1Y, 4470011021
View:
Coastline,Ocean, View

Financial

Source:
CRMLS

This listing courtesy of:
Compass, Christopher Cortazzo

About Malibu, CA

Housing

Number of Units
8,740
Median Home Value
$1,161,111
Median Rent
$2,093

23.35% of housing units are renter occupied.

27.42% are vacant.

Commute

Car
48.36%
Public Transportation
1.25%
Walk to Work
5.23%
Work from Home
43.76%
Other
1.13%

The median travel time to work is 19 minutes.

People

Population
17,795
Median Age
45.40
Median Household Size
2.59

Education

High School
7.40%
Associate’s Degree
5.69%
Bachelor’s Degree
37.03%
Graduate Degree
30.94%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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