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24216 Malibu Rd
Single Family
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$7,350,000

$4385/sqft

24216 Malibu Rd, Malibu

Premium
3 bd·2 ba·1,676 sqft
Built 19585,724 sqft lotEastern Malibu

24216 Malibu Rd, Malibu, CA

3 bd · 2 ba · 1,676 sqft Single Family listed at $7,350,000, built in 1958 in the Eastern Malibu neighborhood.

About this home

Here is the perfect beach getaway on coveted Malibu Road: skylights, picture windows, full-width deck, and steps to the sand. You'll find sunrise-to-sunset views from here to Catalina, plus great beach-home styling: plank and beam wood ceilings, Saltillo tile floors, and a bright, open layout. Escape, relax, and entertain in true indoor-outdoor Malibu style in this lovely single-level home. A gated courtyard entry offers tantalizing ocean views, and the front door opens to expansive vistas from the living/dining/kitchen great room and the deck just outside. Perfect for comfort and congenial gatherings, the space has a fireplace and a chandelier dining area. French doors open onto the wraparound oceanfront deck, which offers room for entertaining, lounging, and pergola-shaded al fresco dining. The kitchen is lovely and bright, with white tilework, brick detailing, superb appliances, and a huge picture window looking out at the ocean. The home's three bedrooms are light-filled and peaceful, with large windows. Additional features include central heating and air conditioning, an outdoor shower, and a two-car garage. Watch for dolphins, seabirds, and even whales from your deck, or step down to the sand for a morning or evening stroll. This is beachfront living at its best.

What it's like to live here

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Property details

Price
$7,350,000
Bedrooms
3
Bathrooms
2
Interior
1,676 sqft
Price / sqft
$4385
Year built
1958
Lot size
5,724 sqft
Type
Single Family
Days on market
48
Est. property tax
$55,125/yr · $4,594/mo · 0.75% CA avg
Last sold
$1,412,510 · Jul 2001

Estimated monthly payment

Down payment20% ($1,470,000)
Interest rate6.75%
Principal & Interest$38,138
Property Tax$6,738
Insurance$150
Total$45,025/mo

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Price history

8.9%Most recent change on 2026-05-07: $7,350,000$6,695,000.

$9.29M$4.23M$-824K$1.57M on Jun 96 (Initial list)$1.57M on Jun 97 (Price change)$1.50M on Jul 97 (Initial list)$1.50M on Jun 98 (Price change)$1.57M on Nov 99 (Initial list)$1.59M on May 00 (Initial list)$1.59M on Jun 00 (Initial list)$1.59M on Nov 00 (Price change)$1.57M on Nov 00 (Price change)$1.41M on Jul 01 (Sold)$8.45M on Sep 23 (Initial list)$19K on Jan 24 (Price change)$7.75M on Apr 24 (Price change)$7.75M on Mar 25 (Initial list)$7.35M on Feb 26 (Initial list)$6.70M on May 26 (Price change)
$1.57M · Jun 96$6.70M · May 26
  1. May 7, 2026$6,695,000Price change
  2. Feb 25, 2026$7,350,000Initial list price
  3. Mar 10, 2025$7,750,000Initial list price
  4. Apr 23, 2024$7,750,000Price change
  5. Jan 25, 2024$18,750Price change
  6. Sep 4, 2023$8,450,000Initial list price
  7. Jul 19, 2001$1,412,500Sold
  8. Nov 13, 2000$1,575,000Price change
  9. Nov 3, 2000$1,595,000Price change
  10. Jun 16, 2000$1,595,000Initial list price
  11. May 2, 2000$1,595,000Initial list price
  12. Nov 12, 1999$1,575,000Initial list price
  13. Jun 28, 1998$1,495,000Price change
  14. Jul 2, 1997$1,495,000Initial list price
  15. Jun 4, 1997$1,575,000Price change
  16. Jun 17, 1996$1,575,000Initial list price

Location

This home is located in Malibu, CA, in the Los Angeles area. Browse more Malibu listings on the Malibu market page or explore the full Malibu market report.

About Malibu: Malibu is a beach city in the Santa Monica Mountains region of Los Angeles County, California, United States, about 30 miles (48 km) west of Los Angeles. It is known for its Mediterranean climate, its strip of beaches stretching 21 miles (34 km) along the Pacific coast, and for its longtime status as the home of numerous Hollywood celebrities and executives with several of its residents in the entertainment industry. The Pacific Coast Highway traverses the city, following along the South Coast of California. As of the 2020 census, the city's population was 10,654. The 2025 Palisades Fire devastated Malibu, with almost all of the beachfront homes in the east of the city being destroyed. (source: Wikipedia)

Climate: Average year-round temperature is 66°F with 305 dry days per year and 21.1 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 90265)

This neighborhood is predominantly owner-occupied (79%). Median age is 49.7; 36% hold a bachelor's degree; median household income is $186,264.

Median income
$186,264
Median age
49.7
Owner-occupied
79.2%
Bachelor's degree
35.8%

Source: US Census Bureau American Community Survey 5-year estimates.

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