Malibu Road is one of Malibu’s most prestigious and well-known beach communities. From old-school Malibu beach homes to sprawling, multi-lot mansions, there is a variety of options for those seeking the Malibu Beach lifestyle.
Here are 6 things to know about living on Malibu Road.
1. Why the locals call it “The Old Road”
Malibu Road was originally part of the Pacific Coast Highway before the PCH was moved inland in 1948.
This was the part of the highway that took you right by the ocean and dropped you off at the weekend houses for Hollywood stars of the 1940s and ’50s. Locals who have been around for years or grew up in the area will refer to Malibu Road as “the Old Road,” because of its former affiliation with the PCH.
These days, Malibu Road is a two-lane road that runs east and west– parallel with both the Pacific Ocean and with the PCH. In order to enter Malibu Road westbound, you have to use Webb Way. Heading eastbound, Malibu Roads exits onto the PCH. Malibu Road is approximately 2.5 miles that run along the coastline with homes and beaches dotting the way.
2. What Are Homes Like on Malibu Road?
Malibu Road features more than 250 living units stretching along the coast, most of which are two-story, single-family homes on the ocean side. Beach fronts lots span 60 feet wide by 100 feet deep.
Styles vary widely here and include many Modern, Cape Cod, Mediterranean, and Contemporary properties. Many homes have been re-imagined multiple times, while other original builds have stood the test of time.
There are also homes located on Malibu Road’s Landside. These are also mainly two-story homes but the lots are more spacious– some ranging in size from 1.25 acres up to four acres. You can also find several luxury condominiums and apartment complexes with units for rent on the north end of Malibu Road.
3. Who Lives on Malibu Road?
Just like the rest of Malibu, this area is mostly inhabited by a mix of long-time locals and successful businessmen, celebrities, and people who are high up in the entertainment industry (producers, directors, executives, etc).
Many occupants here are also tenants, leasing for the beach lifestyle. Some are year-round while others only come for the summer months when lease prices are at their highest, often above $100,000/month.
4. What does it cost to live on Malibu Road?
In the Fall of 2020, Malibu Road home prices range from $5.6 million for a 3,434 square foot home on the Lanside of Malibu Road to $22.7 million for a 4,361 square foot beach home with plans and permits. The average list price Malibu Road home price is $12.2 million for the beachside and the average sale price is $9.6 million in 2020.
For comparison and a look at growth in value, in 2005 three properties on Malibu Road sold for $6 million, $7 million, and $13 million.
5. What’s Close to Malibu Road?
Malibu Road is situated near the center of Malibu, and near restaurants with stunning ocean views. You’ll be able to shop and dine minutes away at the Malibu Country Mart or at the Malibu Colony Plaza. For entertainment, you can visit the amazing J. Paul Getty Museum, which is about a ten-minute drive south on PCH.
Families and picnickers will enjoy the large Bluffs Park, located above Malibu Road. Bluffs Park has a community center, large open fields, and trails that wander down to Malibu Road below, with spectacular ocean views the whole way down. In the summer, outdoor movies are featured in the park.
The Malibu Lagoon is a recently completed project located at Cross Creek Road behind The Malibu Colony. Here, you will find countless birds and wandering paths will take you through a plethora of native plants and the history of the native animals and peoples of the area.
Great hiking is also moments away at Puerco Canyon and Solstice Canyon.
6. What else is there?
You mean, besides the cool ocean breezes and perfect coastal views?
Malibu Colony Beach, located near the eastern end of Malibu Road, is the widest sandy beach in this stretch of coastline. There is a surf break here and a short walk from world-famous waves at Surfrider beach. Corral beach lies at the western end of Malibu Road and offers plenty of sandy beach and great views out to Point Dume.
Malibu Road is a Mediterranean-like oasis, with palm trees, scrub brush,h and rocky mountains meeting the sea. The surf is spectacular. If you like to snorkel or scuba dive, there are many varieties of sea life to explore.
Malibu is home to some fairly wealthy individuals, but it’s first and foremost a relaxed beach community. People come here from all over the world to unwind and enjoy the great outdoors.
If you’re looking for sun and sand with stunning views in a location unlike any other, you should check out Malibu Road. You won’t be disappointed!
Want to learn more about Malibu Real Estate? Contact our team for more information!
310.230.5771 | russellandtony@compass.com