Property listed by Compass, Alison MacCracken 310-499-2020
$19,750,000
Ever-new Joy! This property is an experience where one transcends the "real world" and enters a life of inspiration as one is embraced with the ultimate beauty of Mother Nature. Set in one of the most coveted locations along Broad Beach in Malibu, 31454 Broad Beach Road is more than… Read More a home, it's a foundation for a life well lived, where luxury is defined not just by design, but by the daily experiences it enables. Originally designed by acclaimed architect Marshall Lewis, AIA, this +/-8,800SF beachfront residence offers something increasingly scarce: scale, pedigree, and a layout designed for effortless living (including connection to city sewer and low, fixed BBGHAD assessment). The home features extraordinary bones with volumetric ceilings, expansive oceanfront views, pristine beach frontage (50ft), three-car garage, open entertaining spaces to private retreats. Significant capital has already been deployed by ownership into lifestyle-driven enhancements, including structurally opening up the main living areas, kitchen and dining room. A state-of-the-art home theater, dedicated wine tasting room, a temperature-controlled 2,300 bottle wine cellar, bonus room with bar connecting out to the pool, large primary retreat complete with sitting room, private balcony overlooking the ocean, dual walk-in closets, massive primary bathroom, and more. This home inspires one to thrive, love and enjoy it with your closest friends and family. The property is currently leased to a high quality tenant providing reliable income and can remain or relocate. The lease provides a wonderful and rare opportunity to enter Malibu beachfront real estate in a "Buyers Market" and ride the upside while carrying costs are covered! Read Less
Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.
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