Billionaire investor Ron Burkle has put his meticulously restored oceanfront property in Malibu Colony on the market for an asking price just shy of $20 million. This marks a significant appreciation from the $13.5 million he paid for the residence in early 2022. The estate, originally belonging to the late artist and philanthropist Carol Moss, affectionately known as "The Mayor of Malibu," has undergone a thoughtful revitalization, blending its historic character with contemporary luxury, and is now being presented by Branden and Rayni Williams of The Beverly Hills Estates.

Constructed in the late 1920s, this distinguished Tudor A-frame home has been expertly renovated by preservation specialist Tim Gleason. The residence spans approximately 2,500 square feet, offering five bedrooms, four full bathrooms, and an additional powder room. Complementing the main house are separate accommodations for staff or guests, complete with a kitchenette, and an attached two-car garage. A notable feature of the property is its nearly 40 feet of private beach access, providing an exclusive oceanfront living experience.

Entry to the two-story dwelling is via a gated flagstone pathway adorned with vibrant bougainvillea. The ground floor is dominated by an expansive living room, distinguished by its original clinker brick fireplace and a panoramic wall of windows that frame stunning views of the Pacific Ocean. The adjacent kitchen is outfitted with sage green shaker-style cabinetry, dual islands, a wine rack, and high-end Wolf and Sub-Zero appliances. French doors lead from the kitchen to a terracotta-tiled sunroom, which doubles as a dining area, featuring sliding glass doors that open onto a wood deck—an ideal setting for outdoor entertaining. The upper level houses the primary bedroom, elegantly finished with grasscloth wallpaper and an updated, sky-lit bathroom that includes a glass-encased shower.

Despite its modest lot size of under a quarter-acre, the backyard maximizes its offerings with a spacious deck and an elevated platform that provides direct stair access to Malibu Beach. Residents also benefit from a homeowners association fee of $800 per month, which contributes to the upkeep and amenities of the exclusive community.

Ron Burkle, with an estimated net worth of around $3.4 billion, is renowned for his extensive collection of unique and historically significant properties. Beyond this Malibu gem, his portfolio includes his primary residence—a 22,000-square-foot "castle" on a private island in Montana’s Flathead Lake, originally built by real estate mogul Don Abbey. He also owns Bob Hope’s former John Lautner-designed home in Palm Springs, the El Arco estate in Pasadena designed by Sumner Hunt, the legendary Greenacres estate in Beverly Hills, and a beachfront mansion in La Jolla Farms, San Diego, famously known as a retreat for Michael Jackson during his legal challenges. This latest listing further solidifies Burkle's reputation as a connoisseur of exceptional real estate, each property telling a story of luxury, history, and architectural significance.

This Malibu Colony property represents a unique opportunity to acquire a meticulously restored oceanfront retreat, reflecting a harmonious blend of historical architecture and modern comforts. Its prime location, coupled with the legacy of its previous owners and the recent enhancements, makes it a desirable asset within the exclusive real estate market.