$20,495,000

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.