Luxurious Oceanfront Malibu Estate to Auction via Sotheby’s Concierge Auctions

Redesigned by Nathan Turner, the coastal gem with direct beach access auctions next month as part of first-ever sale of luxury real estate with Sotheby’s London

NEW YORK, NEW YORK, UNITED STATES, May 17, 2024 /EINPresswire.com/ -- A stunning oceanfront property situated in the prestigious beach enclave of Sea Level Drive in Malibu, California, is set to hit the auction block next month via Sotheby’s Concierge Auctions in cooperation with Shen Schulz of Sotheby's International Realty - Malibu Brokerage. Listed for $17.9 million, starting bids are expected between $6 million and $11.75 million, with bidding set to open on 7 June and close on 20 June via the firm’s online marketplace.

Offered turnkey furnished, the property will be featured as part of Sotheby’s Concierge Auctions inaugural sale with Sotheby’s London coinciding with ‘The Luxury Sales’, a series spanning Hong Kong, London, Paris, and New York showcasing a specialist edit of the best watches, jewelry, real estate, wine and spirits, and its Modern British and Irish Art sales, with bidding closing this June.

The groundbreaking event is the first-ever exhibition of luxury real estate to view in Europe at Sotheby’s since its inception in 1744, setting a new benchmark for the industry.

Nestled at the base of a bluff, this three-level, 4,716-square-foot architectural gem, with its elegant contemporary design and sweeping ocean views, offers a retreat where luxury and serenity harmonize seamlessly. Malibu, with its legendary beaches and cinematic sunsets, sets the stage for a lifestyle of indulgence and relaxation.

With meticulously redesigned interiors by the renowned designer Nathan Turner, the home, located at 31721 Sea Level Drive, exudes the ambiance of a luxurious resort. Turner, who runs his eponymous shop in downtown Los Angeles, has long served as a faithful source for the country’s leading interior designers. His work has been featured in Architectural Digest, Domino, Vogue, Elle Decor, House Beautiful, Food & Wine, C Magazine, The New York Times, and the Los Angeles Times. The estate’s living space is designed to prioritize an inviting, open layout. The main level showcases a sun-drenched living room complemented by a fireplace, a chic bar, and expansive walls of glass framing captivating ocean panoramas. Adjacent, is a gourmet kitchen equipped with modern amenities. Upstairs, the ocean-view primary suite exudes opulence with an intimate fireplace, private deck, and a spa-inspired bathroom boasting a steam shower overlooking the beach and custom touches. Additional en-suite bedrooms offer secluded patios, while a lower-level media room and guest suite provide ample room for leisure and entertainment.

"This home presents an exceptional chance to own an exquisite estate in one of the world’s most coveted zipcodes," remarked Shulz. "With its meticulously redesigned interiors and breathtaking views, this retreat epitomizes the zenith of beachfront living. It's more than just a residence; it's a sanctuary crafted for those who cherish life's finer pleasures."

Outside, the allure of coastal living continues with a large entertainer's patio featuring a BBQ island and fire pit—an ideal setting for al fresco dining and gatherings. Ascend to the rooftop deck to soak in the panoramic ocean views from the hot tub or enjoy outdoor entertainment at the built-in center. Pristinely landscaped grounds offer a serene backdrop.

"At Sotheby’s Concierge Auctions, we excel at guiding discerning bidders into an exclusive realm of top-tier real estate offerings, where they discover homes perfectly tailored to their unique tastes. 31721 Sea Level is a prime example of elevated beachfront living," said Chad Roffers, CEO and co-founder of Sotheby’s Concierge Auctions. "As we unveil its next owner at our historic event with Sotheby’s London next month, we will once again showcase our ability to facilitate market value on a grand scale, connecting sellers and buyers of the finest real estate in the world in a transparent, open forum."

Malibu, a coastal city stretching along 21 miles of Southern California's coastline, is renowned as a haven for the affluent from nearby Los Angeles. Famed for its splendid hiking trails, delectable cuisine, and renowned surfing spots, Malibu seamlessly blends a quaint small-town atmosphere with easy access to upscale shopping, fine dining, and unforgettable experiences. Iconic landmarks like the Malibu Pier invite leisurely strolls, while the Malibu Country Mart offers a premier shopping destination. Indulge in waterfront dining experiences featuring fresh seafood and locally sourced produce.

Images of the property can be viewed here.

All photo credits should be provided to Sotheby’s Concierge Auctions. The property is available for private showings by appointment, in person or virtually.

As part of Sotheby’s Concierge Auctions' Key for Key^® giving program in partnership with Giveback Homes, the closing will result in funding towards new homes built for families in need.

Agents will be compensated according to the terms and conditions of the Listing Agreement. See Auction Terms and Conditions for full details.

For more information, including property details, diligence documents, and more, visit ConciergeAuctions.com or call +1.212.202.2940.

About Concierge Auctions
Concierge Auctions is the world’s largest luxury real estate auction marketplace, with a state-of-the-art digital marketing, property preview, and bidding platform. The firm matches sellers of one-of-a-kind homes with some of the most capable property connoisseurs on the planet. Sellers gain unmatched reach, speed, and certainty. Buyers receive curated opportunities. Agents earn their commission in 30 days. Acquired by Sotheby’s, the world’s premier destination for fine art and luxury goods, and Anywhere Real Estate, Inc (NYSE: HOUS), the largest full-service residential real estate services company in the United States, Concierge Auctions continues to operate independently, partnering with real estate agents affiliated with many of the industry's leading brokerages to host luxury auctions for clients. For Sotheby's International Realty listings and companies, Concierge Auctions provides Sotheby’s brand exclusivity as Sotheby's Concierge Auctions. Since inception in 2008, the firm has generated billions of dollars in sales, broken world records for the highest-priced homes ever sold at auction and conducted auctions in 46 U.S. states and 38 countries. The firm owns one of the most comprehensive and intelligent databases of high-net-worth real estate buyers and sellers in the industry, and it has committed to build more than 300 homes through its Key For Key^® giving program in partnership with Giveback Homes™, which funds new homes for families in need from every property the company sells. For more information, visit ConciergeAuctions.com.

About Sotheby's International Realty
Sotheby's International Realty was founded in 1976 as a real estate service for discerning clients of Sotheby's auction house. Today, the company's global footprint spans 1,115 offices located in 84 countries and territories worldwide, including 49 company-owned brokerage offices in key metropolitan and resort markets. In February 2004, Anywhere Real Estate Inc. entered a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a franchise system. The franchise system is comprised of an affiliate network, where each office is independently owned and operated. Sotheby’s International Realty supports its affiliates and agents with a host of operational, marketing, recruiting, educational and business development resources. Affiliates and agents also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com.

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Kari Hegarty
BerlinRosen
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