31388 Broad Beach Road, Malibu, CA 90265

$21,500,000 Asking Price

5 beds
6 baths
3,191  sqft
Built in 1961

Welcome to a completely remodeled luxury estate where modern elegance meets panoramic ocean views on approximately 80 feet of beach frontage. This exquisite property retains its original configuration but has undergone a 95% renovation to deliver a sophisticated, updated living experience. As you arrive, gated parking welcomes you, along with a driveway that accommodates up to six vehicles, including a two-car garage. The secured entrance features a gated walkway equipped with a camera and intercom, offering both privacy and peace of mind. Steps lead you down from the main road into a serene setting with immediate ocean vistas.Upon entering the home through a large glass front door, you are greeted by an open floor plan designed to embrace natural light, thanks to skylights and floor-to-ceiling windows. The living area boasts limestone tile floors and wood-beamed ceilings with recessed lighting, all set against the stunning backdrop of the Pacific Ocean. Sliding glass doors open to both the oceanfront deck and the pool area, inviting you to enjoy seamless indoor-outdoor living. The dining area, adjacent to the living room, offers metered glass windows with coastline views, flowing naturally into the modern kitchen. The kitchen is a chef's dream, featuring black stone counters, a six-burner Thermador range with BBQ, double convection ovens, and a Gaggenau appliance suite, including a built-in coffee machine, dishwasher, fridge, and freezer. With floating illuminated shelves, a pot line, and a striking green tile backsplash, this kitchen combines functionality with style.Off the living room, a media room awaits, equipped with built-ins, illuminated shelving, a large television, and automatic shades. A glass door opens to the courtyard, where stone-tile floors frame an in-ground pool with ocean views. The courtyard also offers ample seating, including a covered area by the in-ground jacuzzi. For added convenience, the detached laundry room is located on the bottom deck, complete with stone counters, tons of storage, and limestone tile floors. This outdoor space also includes a covered outdoor shower, ideal for rinsing off after a day by the pool or beach.The home's layout offers four bedrooms downstairs and a master suite upstairs. Each bedroom features luxurious finishes, including wood or stone floors, en-suite bathrooms with stone counters, and skylights. One of the bedrooms is designed as an office with ocean views, while another offers automatic lights and custom-built storage. The master suite is accessed via a separate staircase, where a stunning light fixture sets the tone for luxury. With wood floors, views of both the ocean and pool, a walk-in closet with illuminated built-ins, and a state-of-the-art speaker system, the master suite is a private sanctuary. The master bath is equally indulgent, featuring waterfall stone counters, a freestanding tub, a stone shower stall with a steam function, and double shower heads.The home also includes modern amenities like central air conditioning, a full alarm system, and a tankless water heater. The lower deck is the perfect spot to relax and take in the coastline views or watch dolphins play in the surf. With its covered seating area and ample space for lounging, this outdoor oasis provides the perfect setting for unwinding or entertaining.This estate offers an unparalleled blend of luxury, privacy, and breathtaking natural beauty, making it a rare gem on the market. The house pays only 25% of the annual beach assessment, a rare benefit that results in significant yearly savings.

Features & Amenities

Interior

General:
Beamed Ceilings,Separate/Formal Dining Room,High Ceilings,Living Room Deck Attached,Open Floorplan,Recessed Lighting,Walk-In Closet(s)
Appliances:
Barbecue,Built-In,Convection Oven,Double Oven,Dishwasher,Disposal,Microwave,Range,Refrigerator,Range Hood
Laundry:
Laundry Room
Flooring:
Wood
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
None
Disability Feature:
None

Exterior

General:
In Ground,Private
Style:
Mid-Century Modern
Pool:
Heated,In Ground,Private
Parking:
Covered,Door-Multi,Driveway,Garage,Garage Door Opener,Guest,Private,On Street,Unassigned,Uncovered, Parking spaces: 4

Construction

Windows:
Skylight(s)
General:
2

Location

Originating MLS:
CRMLS
School District:
Santa Monica-Malibu Unified
County:
Los Angeles

Lot

Zoning:
LCR110000*, 4470016025
View:
Catalina,City Lights,Coastline,Courtyard,Hills,Mountain(s),Ocean,Pool,Water, View

Utilities

Water:
Public
Sewer:
Unknown Sewer

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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