31388 Broad Beach Rd Malibu, CA 90265

$21,500,000
5 beds
5 full, 1 partial
3,191 sqft
0.6 acres
$6,738 / sqft
House

Property details

About 31388 Broad Beach Rd

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.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size3,191 sqft
Lot size0.559 Acres
Year built1961
ParkingCovered, Door-Multi, Driveway, Garage, Garage Door Opener, Guest, Private, On Street, Unassigned, Uncovered
MLS #24460179
Garage2 spaces
WaterfrontOcean Front
ViewIsland, City Lights, Other, Hills, Mountain(s), Ocean, Pool, Water
Private poolYes

Summary

  • MLS Number: 24460179
  • MLS Name: CRMLS
  • Office Name: Compass
  • Office Phone: (310) 230-5744
  • Listing Agent: Christopher Cortazzo

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/9/2025, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of water feature with a view of the beach

$21,500,000

31388 Broad Beach Rd

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Price information

Property sales

DateEventPrice
Apr 04, 2012
Home Sold
$7,000,000

Tax history

YearAssessmentProperty Tax
2024$8,619,991$116,708
2023$8,450,973$114,826
2022$8,285,268$112,998
2021$8,122,813$109,520
2020$8,039,524$107,115
2019$7,881,888$102,184
2018$7,727,342$99,891
2017$7,575,827$99,891

History based on county public records data.

Nearby schools

8

Point Dume Marine Science School

Public District KG-5

3.5 mi

6955 Fernhill Dr

7

Westlake Elementary School

Public District KG-5

7.5 mi

1571 E Potrero Rd

9

White Oak Elementary School

Public District KG-5

7.9 mi

31761 Village School Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $121,429. The most common annual income of people living in Malibu, CA is between $100k-200k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

13%
<35k
25%
35k-100k
41%
100k-200k
21%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

40%
Single, No Kids
7%
Single, with Kids
39%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
8%
12-17 yrs old
13%
18-34 yrs old
47%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 31388 Broad Beach Rd

This home is located at 31388 Broad Beach Rd in Malibu, CA and zip code 90265 in the Broad Beach neighborhood. This 3,191 square foot home, which was built in 1961, sits on a 0.56 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 5, 2024 and is currently priced at $21,500,000.

Malibu, CA housing market in January 2025 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 12 sold below. Between December and January 2025, Malibu, CA real estate market has seen increase in the number of listings by 44.1%. The median list price of listings available in January 2025 was $3,250,000, while the average time on the real estate market was 155 days.

From Rocket Homes Real Estate and based on county public records data.

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