23356 aka 107 Malibu Colony Road
Malibu, CA, 90265
$20,495,000
MLS: 25610429
Beds
5
Baths
5
Sq Ft
3,786
Lot
0.18 ac
Year Built
1979
MLS #
25610429
Days on Market
8
Listed
Oct 28, 2025
Description
The Colony Malibu's Premier Guard-Gated Enclave for Over 90 Years. Welcome to 'The Old Joe's House'. Even within the prestigious Colony, location is everything and this warm, inviting beach home is ideally situated on the highly desirable sandy south end of the beach, directly in front of the renowned 'Old Joe's' surf break. Here, a natural reef helps preserve the sand, creating an exceptional setting for a true beachfront lifestyle. Tucked away from Pacific Coast Highway, this is the perfect retreat for enjoying the surf and sand with family and friends. The main residence features a spacious beachfront deck and is seamlessly connected to a charming tea house directly over the water. Sliding glass doors from both the living room and tea house open to a private, covered patio complete with a dining area, built-in BBQ, and spa ideal for casual coastal entertaining. The updated open-concept kitchen offers ocean views, butcher block countertops, and a center island, flowing easily into the dining area and tea house. A beautiful stacked stone fireplace in the living room provides cozy comfort on cooler coastal days.The primary suite opens onto its own private oceanfront deck, offering breathtaking views of the surf and the iconic 'Old Joe's' rock formation. The main home includes two additional bedrooms and bathrooms.Perfect for visiting friends and extended stays, a fully self-contained guest apartment is located above the garage, featuring a full kitchen and bathroom. Additionally, a separate bedroom and bathroom adjacent to the garage offers flexible use as staff quarters or a convenient beach changing room.Controlled pedestrian gates at both ends of The Colony offer easy access to Malibu's Cross Creek and Colony Plaza, making it simple to enjoy premier shopping, dining, and everyday conveniences without ever needing to drive. Buyer to cooperate with Seller's 1031 Exchange.
Location
Malibu, Los Angeles County, CA 90265
Open on Google Maps ↗Listed by: Andy Lyon · 4 Malibu Real Estate
Payment estimate
$142,667
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $2,049,500 · Loan: $18,445,500
- Principal & Interest
- $113,332
- Property tax (1.25%)
- $21,349
- Homeowners insurance
- $300
- Mortgage insurance
- $7,686
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Malibu home with as little as 3.5% down using an FHA loan — roughly $717,325 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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