Ed Niles

Industrial-Chic Meets Striking Ed Niles-Design in Malibu

This is not your typical beach house. Although the home can be found in the seaside enclave of Malibu and does indeed offer sweeping ocean views from every room, that’s where any resemblance to a “beach house” ends.

Instead, this visionary structure designed and built by contemporary architect Ed Niles in 1999 looks as if it was plopped atop a canyon from the next millennium, dazzling with its sheer size, geometric shapes, and eye-catching glass and steel façade.

“This home was completed 15 years ago, but it feels like it is from the future or outer space and is one of the most architecturally timeless designed homes I have ever seen,” says Sandro Dazzan of The Agency, who is listing the property for $5.795 million. The most interesting aspect, according to Sandro Dazzan? The way the home is made up of five separate structures that are linked together, but inside flows seamlessly all on one level.

Found at 21757 Castlewood Drive—accessible via a private gate at Rambla Pacifico and Pacific Coast Highway—the three-bedroom estate was updated in 2004. Expect almost 3,000 square feet of open living space rife with refined touches throughout, including limestone flooring, custom Ed Niles-designed cabinetry and furniture, an elevator, and an exquisite stainless-steel Bulthaup kitchen.

Yet other standout features include a sumptuous master suite featuring ocean views, a two-story skylight, fireplace, spacious walk-in closet, luxurious bath and an office, plus an additional junior suite in the main house and a detached third bedroom with its own entrance. Outdoors, the 41,145-square-foot grounds are highlighted by numerous seating areas, a private swimmer’s pool and spa, and fully equipped kitchen. A gated motor court and two-car garage round out the home’s unique appeal.

Presented by

SANDRO DAZZAN
OF THE AGENCY
LIST PRICE $5.795 MILLION

Photographs: courtesy of The Agency

Real Estate Market Influencer: Sandro Dazzan

Sandro Dazzan Made in Malibu

There are about 30 listings on Sandro Dazzan’s docket. All are in Malibu and range from an $85 million mansion on Malibu Crest Drive—known as the “New Castle”—to a $5.8 million Modernist stunner by architect Ed Niles.

Dazzan has an equal number of leases too, for the person who wants to lounge at the Malibu Colony for $100,000 per month, or stretch poolside at a villa overlooking La Costa Beach for about $30,000 per month. Ask him how he does it, and the answer is as easygoing as the man himself. “It just kind of falls into place,” he says with a laugh before turning serious. “It’s about having a good team, and being responsive and always being available.”

“When you sell a $50 million dollar piece of dirt, once you look back at it, you realize, ‘yeah, it was a pretty huge accomplishment.”


RECORD

Sandro set a Malibu sales record in in 2011 for the highest residential sale, and again in 2017 for the highest land sale in Malibu history

SALES TAB

Has closed more than $750 million in home sales

LISTED

Included among Forbes’ “30 Under 30” Real Estate list in 2011


The last two are natural to the Malibu native, who was raised in real estate (his mother is super agent Irene Dazzan-Palmer) and chose the profession after leaving UCLA, economics degree in hand, and understanding that the world of finance might not be his cup of tea. “I realized if I went down the banking path, being in a cubicle 10 or 12 hours a day wasn’t really a good fit for me, ” says Dazzan, an outdoorsman who counts surfing and hiking among his favorite pastimes.

Real estate turned out to be a sage career move. Dazzan’s track record includes last year’s record-breaking sale of 24 ocean-bluff Malibu acres to developer Scott Gillen—a sale that felt like business as usual while it was happening. “When you sell a $50 million dollar piece of dirt,” he says, “Once you look back at it, you realize, ‘Yeah, it was a pretty huge accomplishment.’”

Despite having plenty of options, Dazzan chooses to live and work in Malibu, a place he refers to as “a passion of mine.” It’s also a place that has changed mightily in the past five years or so. Among the changes are increased amenities catering to and beckoning newcomers from all over the world, like the forthcoming Whole Foods and recently opened Soho House. “I travel all over the world,” says Dazzan. “You mention Malibu and it’s a global brand. Everybody knows it. That’s pretty exciting coming from the little sleepy beach town that I grew up in.”

“The Lake House” at 3350 Serra Road in Malibu

It’s a town where Dazzan grew up playing Little League at Malibu Bluffs Park overlooking the ocean, and where he’s now raising his own family. It’s also an area he knows like the back of his hand. “Malibu is a very technical market,” he points out. “About 27 miles of coastline, and every half mile is completely different than the next.” There’s coastline, canyons and bluffs, and a slew of different neighborhoods. “You need somebody who understands every single nook and cranny,” says Dazzan, who knows how wind and sand will move on a specific property, or the position of the sunlight throughout the year.

“I’m very grateful for what I have, and where I live,” says Dazzan, whose appreciation for the place has been reinforced by his global travels, particularly to locations much less Malibu-like. Working with younger agents at The Agency—a collaborative firm that Dazzan describes as “a refreshing environment”—who are hungry and have a similar yen for Malibu is one of the ways he looks to shape its future. “I want to help them grow so they can continue this legacy of our special little beach town.”

Sandro Dazzan  |  The Agency

22601 Pacific Coast Hwy #103,  Malibu, CA 90265

424.249.7040   |  theagencyre.com

32453 Pacific Coast Highway, Malibu 90265

Total Closed Sales Volume Up ▲$77 million in Malibu Beach

The average sales price for single family homes in Malibu Beach was $7,166,448 in July 2018, that’s up 2.2% from a year earlier, and up 40% from July 2013 when the average sale price was $5,113,051.

The record sale in Malibu was recorded this year when hotelier Peter Morton sold his Carbon Beach home for $110,000,000.  A total of (11) single family homes have sold in Malibu Beach for over $10,000,000 thus far in 2018, with a total closed sales volume of $315,894,519, which is far above the total closed sales volume of $238,059,450 for the same period last year.

MALIBU BEACH MARKET SNAPSHOT

Current Market Snapshot | Single Family Residence
*As of 8.14.18

MALIBU BEACH | Active

Active listings: 63
Minimum list price: $2,195,000
Maximum list price: $11,633,603
Average list price: $3,726.33
Median list price: $7,842,500
Average days on market: 135
Months of inventory: 22

 MALIBU BEACH | Sold

Closed Sales Y-T-D: 36
Minimum close price: $1,879,500
Maximum close price: $45,000,000
Average close price: $8,774,848
Median close price: $5,800,000
Average days on market: 159
Average sales discount: -11.32% Under list


View the Full MLS Listing

Currently on the market for $65,200,000, 6962 Wildlife Road in Malibu sits on over (4) acres behind gates and has beach access.  Designed by Ed Niles, this secluded 5-bedroom, 11-bathroom, 7,083 square feet home has incredible ocean views and (2) acres of manicured gardens, tennis court, pavilion with (2) bedrooms and affords the ultimate Southern California lifestyle.

Listing Agent: Christopher Cortazzo, Coldwell Banker Residential
Co-Listing Agent: Linda May, Coldwell Banker Residential

Offered at $65,200,000

“Every man is a volume if you know how to read him.”— William Ellery Channing