Sitting on the Pacific Coast Highway, this is the first time it's been on the market. It was listed by Madison Hildebrand and Jennifer Chrisman of Compass for $68.8 million.
The seller bought the property in 2003 for $2.1 million and asked Malibu architect Edward Niles to build the modern masterpiece. Niles is known as the "master of glass".
The main house (four bedrooms and 5.5 bathrooms) and separate guesthouse (one bedroom and one bathroom) total 8,206 square feet and were completed in 2010. Bedrooms are en suite and have sea views.
"It was thoughtful and very strategic," Hildebrand said of the hotel's layout and design. "It's really built for longevity... Keep maintenance costs as low as possible in an area that is very much in need of maintenance."
The listing says the design is inspired by feng shui and the concept of translucent shoji, a traditional Japanese architectural style.
Luxury amenities include a home theater, a soundproof music room, an elevator, a stainless-steel Japanese-style tub in the bathroom, a built-in sound system, a remotely monitored security system and an outdoor fire pit.
Kitchen with Gaggenau appliances, Bulthaup cabinets and Brazilian quartz countertops.
The grand entrance hall space can accommodate up to 100 guests, and 47 skylights flood the interior with natural light.
This uniquely designed property is a rarity in Malibu as it sits on 0.8 acres with 75 feet of beach and a lawn next to the beach.
That part of Malibu also appeals, Hildebrand said. "People like it because it's more rural. The ocean, trails and hillsides are more pristine."
Camarillo Airport, a 20-minute drive away, "caters to the private jet world," he added.
Hildebrand hopes to find an international buyer.
"COVID-19 has created a very local market, and now that people are investing in travel again, Malibu has become a hot spot," Hildebrand said. "It's the kind of architectural trophy any real estate collector would love to have in their portfolio."
Also representing the property are Wendy Wong and Katherine Quach of Treeline Realty & Investment.
