31271 Bailard RD Malibu CA 90265 MLS #26640747

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.