$4,854,000 - 31271 Bailard Road, Malibu

Malibu Home For Sale

OCEAN VIEW ESTATE ON PRIVATE ROAD WITH ADDITIONAL LOT FOR DEVELOPMENT! Luxury living meets limitless potential on this rare Malibu estate spanning over one acre. The property features a beautifully remodeled residence with panoramic ocean views, plus more than half an acre of flat, usable vacant land - an exceptional opportunity in one of Malibu's most desirable settings. The custom-built home offers three well-designed levels with wide-plank hardwood floors, soaring vaulted ceilings, and expansive windows framing sweeping Broad Beach views. The chef's kitchen is equipped with Viking appliances, a breakfast bar, ample storage, a large pantry, and a built-in desk. The main level also includes a wraparound balcony, a spacious bedroom, full bathroom, powder room, and direct access to the two-car garage. The lower level hosts an oversized primary suite with a fireplace, spa-inspired bath featuring marble finishes, soaking tub, separate shower, dual vanity, and a large walk-in closet, along with an additional bedroom, laundry room, and sunroom/flex space. The top level continues to showcase ocean views and offers a family room with wet bar, two bedrooms, and a full en-suite bathroom. A gated entrance leads to lush, landscaped grounds featuring a vegetable garden, private putting green, and a large water feature designed for soaking and relaxation, along with generous outdoor entertaining areas. Adjacent flat vacant land offers remarkable flexibility and creative potential for a future owner, with possibilities that may include gardens, a pool and spa, sports court, guest house, studio, or additional structures, subject to buyer due diligence and City of Malibu approvals regarding allowable uses, build-ability, and permits.