23611 Malibu Colony Road #58a Malibu CA 90265
$9,950,000 | 5 BD | 6 BA | 5326 SQFT
Located inside the highly sought after guard-gated community of Malibu Colony, this 3-story modern home was recently transformed with no expense spared. Dramatic architectural details throughout the residence compliment the open floor plan, creating a seamless indoor/outdoor flow. The first level includes a spacious living room and a state of the art chef's kitchen which opens up to the enormous grassy private Zen-like backyard. The expansive outdoor environment features a built-in BBQ setup and a relaxing fireplace lounge area under a romantic flower covered gazebo. The 2nd level includes 3 spacious guest bedrooms with ensuite bathrooms and a den/tv area overlooking the beautifully landscaped property. The 3rd level offers a lavish master suite with a fireplace, sitting area, and a 5th bedroom opening up to an oversized balcony for taking in the picturesque views of the Santa Monica Mountains. The spa-like master bathroom features an oversized shower and bathtub overlooking the majestic Pacific Ocean. This exceptional Colony residence is not to be missed. Deeded beach access through lot #87. Permits for a pool/spa have been requested and currently in process with the city.
Community Explore Malibu Real Estate
Long hailed as a jewel of Southern California’s gorgeous Pacific Coastline, the city of Malibu remains one of the most coveted destinations in Los Angeles. Along with its miles of breathtaking beaches, lush rolling hills, and an exclusive oceanfront lifestyle, this is home to a community that includes some of the wealthiest and most influential people in the region. Hilton & Hyland, the preeminent luxury Malibu real estate firm, is proving time and time again that it is the leading way to ensure the success of any transaction in this high-profile market.
Helmed by two prominent LA real estate figures – Rick Hilton and Jeff Hyland – the firm is not only one of the most distinguished, but also one of the most respected and reliable luxury real estate services available today. Hilton is instantly recognizable as an heir of the hotel clan and as an investor and developer who has fostered a successful career. Hyland, noted for his knowledge of architectural history along with his achievements as a real estate agent, has published volumes of architecture books that have received global acclaim. Together, they have built the company on a foundation of professional expertise and client services that has set the industry standard since 1993.
Over the years, Hilton & Hyland has also cultivated a team of gifted professionals that embodies the reputation of the firm and can deliver the results that well-heeled investors expect. And with the support of Christies International Real Estate, the renowned brokerage firm, the success of any venture is all but guaranteed. It is no wonder that the firm has worked with a coterie of high net worth clients in prestigious areas ranging from Malibu to the Platinum Triangle of Bel Air, Holmby Hills, and Beverly Hills real estate.
Hilton & Hyland cites the following qualities for why Malibu is an outstanding place to invest:
- Some of the most valuable real estate in Los Angeles, with an average price per-square foot of $845, a 34% increase since Q4 of 2014. The current average listing price is roughly $6 million.
- Growth is steady, despite the flagging national economy and slight volatility between quarters.
- Malibu is home to many affluent residents and the median income is $121,241.
- A mix of upscale properties including beautifully restored architectural works and award winning new construction.
- 21 miles of pristine beaches and a location that is close to the glamorous lifestyle of Los Angeles.
MALIBU REAL ESTATE AGENCY
For more information regarding Malibu real estate, connect with a representative at Hilton & Hyland today.
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