Perched in the heart of Malibu with sweeping ocean views, this exceptional modern residence is your chance to step into a nearly completed masterpiece and make it your own. All the heavy lifting has already been done—this home is fully permitted, with brand new plumbing, electrical, gas lines, septic system, and roofing already in place. Stucco installation is currently underway, adding the finishing touch to the sleek architectural lines. Originally built in 1975, the home has been reimagined with a clean, contemporary design featuring four spacious bedrooms and three and a half bathrooms. The open-concept layout is designed to maximize indoor-outdoor flow and take full advantage of the sweeping coastal views. A generously sized laundry and utility room adds convenience and function, while the brand-new, oversized drive-through two-car garage adds both value and flexibility. Set on a rolling hillside in the Malibu Knolls neighborhood, the 19,337 square foot lot provides privacy, ocean breezes, and a serene natural backdrop for modern living. With all major infrastructure completed, this project is ideal for an end-user or investor looking to bring their own vision to life without the challenges of permitting or structural groundwork. Designed for modern coastal living, the final plans showcase expansive glass walls, seamless transitions between indoor and outdoor spaces, and a bright, open layout that captures natural light throughout the day. The renderings provide a clear vision of the future—think luxury, light, and livability in one of Malibu’s most coveted neighborhoods. Whether you’re looking to build your dream home or develop a remarkable property in a premier location, this is a rare opportunity to take over a fully permitted, nearly finished residence and make it distinctly your own.
Off market
Listing Provided by:
$4,550,300
23916 Malibu Knolls Rd, Malibu, CA 90265
4beds
3,193sqft
Single Family Residence
Built in 1975
0.44 Acres Lot
$4,550,300 Zestimate®
$1,425/sqft
$16,249 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 23, 2025 at 10:40am
Source: CRMLS,MLS#: SR25067382
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 4
- Main level bedrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Laundry Room
Features
- Balcony, High Ceilings, Living Room Deck Attached, Open Floorplan, See Remarks, Primary Suite
- Flooring: See Remarks
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: See Remarks
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,193 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached Carport
- Attached garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: None
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Canyon, Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 0.44 Acres
- Features: Cul-De-Sac, Landscaped
Details
- Parcel number: 4458026008
- Zoning: LCR120000*
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Mid-Century Modern
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: See Remarks
Condition
- Repairs Cosmetic,Under Construction
- New construction: No
- Year built: 1975
Utilities & green energy
- Electric: Standard
- Sewer: Septic Type Unknown
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Not Available
Community & neighborhood
Community
- Community features: Foothills, Hiking, Preserve/Public Land
Location
- Region: Malibu
Other
Other facts
- Listing terms: Cash,Owner May Carry
- Road surface type: Paved
Services availability
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Estimated market value
$4,550,300