Designed by acclaimed architect Ron Goldman, FAIA, the oceanfront compound boasts direct beach access, a premier coastal location and a rare, grandfathered pool and spa.
MALIBU, Calif. — June 21, 2026 — The rare beachfront Malibu Colony former home of music legend Joni Mitchell is being sold by a former Walt Disney Company board director who purchased it from Mitchell and has listed it for $26,995,000 with Joyce Rey and Nanette Iggulden of Coldwell Banker Realty, Beverly Hills, and Jody Katz and Leona Katz of Estates and Trusts Realty. The Ron Goldman, FAIA-designed residence features direct beach access and a grandfathered oceanfront pool and spa, which is a rarity under today’s coastal regulations. Located on Malibu’s most coveted road at 23758 Malibu Rd in Malibu Colony #17, the over 4,000-square-foot, five-bedroom, five-bathroom home offers privacy and Pacific Ocean views.
“This property is magnificent in every respect, from its refined architectural design and beautifully considered interiors to its rare beachfront amenities and irreplaceable Malibu setting,” said Rey. “The grandfathered pool and spa would be extraordinarily difficult to recreate under today’s coastal regulations, making this a truly exceptional offering within the luxury coastal market.”
Designed to maximize its beach frontage, the Cape Cod-inspired home opens to panoramic ocean views and direct access to one of Malibu's most celebrated sandy beaches. Sun-filled interiors blend warmth and sophistication through vaulted wood-beamed ceilings, expansive walls of glass and an airy open floor plan that seamlessly connects the living spaces to the shoreline. The central great room and ocean-facing kitchen are designed for both relaxed daily living and elegant entertaining, all framed by the constant backdrop of the Pacific. The residence includes an oceanfront primary suite, additional guest bedrooms and flexible office space, along with a detached guest house. Outdoors, the beachfront terrace leads to an extraordinary private pool and spa positioned just steps from the sand, an amenity no longer permitted under current Malibu coastal development regulations, making this offering exceptionally rare and virtually impossible to replicate today. A gated entry introduces a serene retreat where timeless architecture, irreplaceable beachfront features and an unmatched Malibu lifestyle converge.
“Malibu buyers consistently seek properties that deliver both privacy and convenience, and this residence offers the exclusivity of Colony Beach with effortless access to everything Malibu has to offer,” said Iggulden. “What makes it especially compelling is the combination of design heritage, oceanfront setting, and irreplaceable features, which create a rare opportunity to acquire a true legacy estate in one of the world’s most recognized beachfront communities.”
To view the property, click here or contact Joyce Rey at 310-291-6646 or joyce@joycerey.com, or Nanette Iggulden at 310-433-9908 or nanette@joycerey.com or Jody Katz at 310-930-9200 or jody@estatesandtrustsrealty.com or Leona Katz at 310-430-5117 or lshapiro@katzshapirolaw.com.
About Coldwell Banker Realty Coldwell Banker Realty is one of the top brokerages in Southern California and operates 61 offices with approximately 4,159 affiliated agents. Real estate agents affiliated with the company are independent contractor agents and are not employees of the company. Coldwell Banker Realty is a part of Compass International Holdings (NYSE: COMP), a global real estate services company with a presence in every major U.S. city and in approximately 120 countries and territories.For more information, visit ColdwellBankerHomes.com. CalDRE #00616212.
