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Sold for $7,250,000 · Feb 2024

SOLD

Listed at $7,890,000

Sold

20542 Seaboard Road, Malibu, CA 90265

Malibu, CA

MLS# 23313293

3,499 Sq Ft • Single Family Home4bd • 4ba
116 days on market

Listing Agent

Mark Douglas

Listing Agent

Douglas Elliman

DRE #: 01067493

Brokerage: Douglas Elliman

Property Details

4

Bedrooms

4

Bathrooms

3,499 sqft

Square Feet

1966

Year Built

1.28 acres

Lot Size

$2,072

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

New price offering! Very motivated - ready to review offers. Located on a coveted bluff in the Big Rock niche of Malibu, this amazing opportunity offers breathtaking, head-on ocean views, complete privacy, and a recently remodeled beach house with all the modern amenities. The home exudes a hip, beach chic vibe with an open floor plan, featuring a fabulous kitchen, living room, dining room, and a den (or family room). EVERY room on the main floor offers panoramic views of the Pacific Ocean, including a full-length deck where you can relax on comfortable couches while enjoying sunrises, sunsets, dolphins playing, and views of Dume, Catalina, the South Bay, and the beautiful Queen's Necklace stretching to Palos Verdes. The lower level features the Primary suite, 3 additional bedrooms and an office. The primary suite feels like a spa with a cozy fireplace, two walk-in closets, and a luxurious bath with dual vanities. A special glass steam-shower with ocean views opens privately to the impressive patio area with an 8-foot cedar tub and custom fire pit overlooking the Pacific. Steps leading down to a romantic patio with a coral tree providing a perfect canopy for outdoor dining and entertaining. There is a gigantic, grassy lawn for sports or just relaxing. Also includes ample parking for multiple cars - unique for Malibu! Not only does this property offer a tranquil escape, but it also provides the advantage of being close to Pacific Palisades, Santa Monica, and other Westside areas, while still being just minutes away from central Malibu. What sets this property apart is the absence of any neighboring homes in sight. As an added bonus, this property comes with current plans for expanding the size and style if desired. The visionary design by Architect Doug Burdge ensures that every detail is thoughtfully considered. Property is available for Lease fully furnished at $35,000. a month.

Listing description from the February 2024 sale, as reported to CRMLS.

Facts & Features

Details

Cooling
None
Heating
Central
View
Mountains, Ocean, Panoramic

Sale history for 20542 Seaboard Road

1 recorded sale

$7,250,000
Sold February 2024 · listed $7,890,000, orig. $9,750,000, on market September 2023, 116 days on market · MLS #23313293 · Source: CRMLS
Listing Agent: Mark Douglas · Listing Office: Douglas Elliman · Contact: 310-595-3888 · Bought with: Susan Cosentino · Compass

How this sale compares

20542 Seaboard Road sold for $7,250,000 in February 2024, 8.1% under its $7,890,000 list price, after 116 days on the market. It was first listed at $9,750,000. That works out to $2,072 per square foot on 3,499 square feet. Across 186 closed sales in 90265 over the last 12 months, the median sold price is $1,985,250 and the median is $1,136 per square foot, 45% below this sale's $2,072. 4-bedroom rentals in 90265 currently list at a median of $38,750 a month (111 listings).

$2,072
This sale, per sq ft
$1,136
90265 median per sq ft (12 mo)
$1,985,250
90265 median sold price (12 mo)
186
Closed sales in 90265 (12 mo)
116
Days on market
−8.1%
Sold vs. list price
QuarterClosed sales in 90265Median sold price
Q1 202620$1,812,000
Q2 202690$2,162,500
Q3 202666$1,875,000
Q4 202610$3,430,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Malibu · Homes for sale in 90265

Recent sales near 20542 Seaboard Road

Closed sales reported in 90265, nearest first, last 12 months. All recent sales in Malibu →

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