This $58,808,000 mansion overlooking the Pacific Ocean is one of the largest homes for sale in Malibu.
At 16,600 square feet, it’s the grandest single-structure residence in town and a whopping 4,100 square feet bigger than the next-largest home on the market.
The Bali-inspired residence at 11870 Ellice Street, named the Kaizen House after a Japanese term meaning “continuous improvement,” is perched above the Pacific Coast Highway at County Line Beach. The modern glass-and-concrete architecture is built around an open-air courtyard with lush palms and a koi pond.
While the newly developed residence on Ellice Street has a Malibu address and postal code, it’s located 2 miles outside of the city of Malibu, where four residences on the PCH have sold for $100 million or more —including the record-breaking compound purchased by billionaire Marc Andreessen in 2021 for $177 million.