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An architectural masterpiece. One of the most iconic properties on the California coast. The Wave House is the design of visionary architect Harry Gesner. Offered for sale for the first time in nearly 36 years. An avid surfer throughout his life, Gesner famously designed the house to emulate cresting waves. The house was completed in 1963 and exudes a mid-century modern aesthetic throughout emphasizing open space and natural light. Tucked into a hidden cove in Western Malibu, the home commands majestic views of the ocean waves, distant islands and surrounding landscape. The residence has two distinct parts. Three enormous oceanfront vaulted public rooms and a stunning beachfront primary suite with hot tub and sauna, plus a five-bedroom upper level that stretches the width of the property to offer ocean views from nearly every room. Architectural elements include enormous beams, wood-plank ceilings rest above hardwood floors and walls of glass with ocean beyond. Perhaps the most distinctive design theme is a series of overlapping circles. Three wraparound decks echo the shape of the incoming surf. The sunken conversation pit swirls around its central fireplace. Even the shape of the hand-cut copper shingles that cover the roof resemble the scales of a fish. A separate garage/guest house structure offers additional bedrooms. Providing the very essence of coastal living, the home features an expansive, landscaped entry patio, plus wide, semicircular decks for dining, entertaining, lounging, and sea and stargazing. Shown only to prequalified buyers.
Listing agent: Christopher Cortazzo DRE #01190363 chris@chriscortazzo.com, Listing office: Compass
MLS data updated 11/2/2026, 12:01:16 AM PT
Source: CRMLS, MLS #: 23274217
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 26, 2024
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$29,500,000Closed sale · Aug 26, 2024ZIP 90265 · Aug 2024
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.