Billionaire Rick Caruso Asks $40M for Oceanfront Retreat in Malibu, CA (PHOTOS)

Billionaire Rick Caruso Asks $40M for Oceanfront Retreat in Malibu, CA

$40,000,000 | Built 1964 | 7,264 Sq. Ft. | 5 Beds | 8 Baths | 0.29 Acres
21528 Pacific Coast Highway Malibu, California, United States, 90265

American billionaire, businessman and philanthropist Rick Caruso is looking to offload his custom-built oceanfront home in one of the most exclusive enclaves in Malibu, California for $40 million. Captivating with understated elegance and adorned for a lifestyle of leisure and beauty, Miramar House is the best beach house available in Malibu. It is a gracefully designed estate with over 7,264 square feet of beachfront living at its finest. Situated on Malibu’s highly coveted La Costa Beach, the home offers direct beach access. Bursting with natural light and masterfully curated, each bespoke detail of this outstanding five-bedroom, eight-bathroom estate tells a timeless and unique story.

Visitors enter through a columned doorway, surrounded by a handset stone driveway and pristine landscaping. Inside, the entrance is elegantly appointed with a black and white marble tiled foyer and a trickling fountain that lead guests into the striking courtyard, featuring a deck, pool, spa, outdoor bar, and greenery a perfect environment for indoor/outdoor entertaining. Through the living area, which includes a large painted brick fireplace and chandeliers, a wall of sliding doors allows for breathtaking views of the Pacific. Walk out onto the expansive hardwood deck, which overlooks the ocean—a perfect setting for lounging, outdoor dining and entertaining. A retractable black and white striped overhang offers shade when needed. A bright sunroom attaches to the beachfront deck, enclosed in wall-to-wall windows.

Every detail within the home is thoughtful and refined: a crystal chandelier is centered in the formal dining room; the kitchen echoes the black and white theme throughout the home, with a large black island floating in the middle of the room amidst the bright white surrounding cabinetry, marble countertops, and stainless steel Viking appliances; a circular stairwell features an artistic, geometric black railing. Upstairs, each bedroom offers its own spectacular glory; the primary bedroom has three sets of French doors that open to a private balcony patio with full ocean views on the horizon. The attached all-white bathroom is striking in its monochrome, featuring marble countertops, a clawfoot soaking tub, and a separate oversized shower. An upstairs theatre has dual balconies opening to both the ocean as well as the interior courtyard. Two walls of French doors open to create a grand, open space, with a fireplace adding ambiance. With dual two-car garages and additional parking in the driveway, the logistics of beachside living are made easy. This beachside haven is on the market for $40 million with Santiago Arana of The Agency. Photography by Cristopher Nolasco.

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