The Contemporary Malibu masterpiece is set to auction in July via Concierge Auctions.
Indulge in the epitome of luxury living at 'The Kaizen Home,' a contemporary Malibu masterpiece nestled along the stunning coastline of the Pacific. Originally listed for $74.8 million, now currently listed for $47.8 million, the palatial estate is set to auction via Concierge Auctions in cooperation with multibillion-dollar producing international real estate agent Aaron Kirman and Daniel Milstein of AKG Christie's International Real Estate and Branden Williams, Rayni Williams, and Anthony Barsocchini of The Beverly Hills Estates. The auction firm and renowned real estate agents team will collaborate once again, on the heels of the world-record sale of ‘The One’ in Bel Air last year. Bidding in the No Reserve auction is scheduled to be held 25–31 July via Concierge Auctions’ online marketplace, conciergeauctions.com, allowing buyers to bid digitally from anywhere in the world.
A Once-in-a-Lifetime Property
Kaizen, located at 11870 Ellice Street, was constructed entirely from super engineered concrete to last several centuries with a unique and ageless design and architectural style. Completed in 2022, this unique work of art embodies the singular vision by property owner Kris Halliday of MKH Developments from concept, architecture, and design to construction and bespoke furnishings, designed to provide a modern luxury sanctuary with an ultimate beach vibe. The home was influenced by ancient civilizations, meticulously incorporating Feng Shui and nature throughout. Take in panoramic views of the Pacific Ocean from the capacious living area, which overlooks a 95-foot tiled infinity pool. This entertainers' dream home is perfect for hosting events, functions, and pool parties in excess of 200 guests. Six bedrooms, each with their own private outdoor terrace, ten lavish bathrooms, and two spacious four-car garages equipped with electric car charging are just the start. A gated entrance ensures maximum seclusion and ultimate privacy on this expansive one-acre lot. With resort-inspired living, it features European floor-to-ceiling motorized frameless glass walls, custom finishes, hand-carved natural stone and wood walls, a 2,000-gallon aquarium, a 20,000-gallon koi pond, interior green walls, and a professional Dolby Atmos home theater. Two serene primary suites offer Pacific views. Ideal for locals and out-of-towners, the home boasts a prime location across from the Pacific Coast Highway, nestled just steps away from the soft golden sand and pristine waters of world-famous County Line Beach and Leo Carrillo Beach and just 15 minutes from the Camarillo private airport.
Premiere Malibu Location
Malibu, renowned for its idyllic coastal beauty and exclusive neighborhoods, has become a magnet for stars and celebrities seeking the ultimate retreat. Numerous Hollywood A-Listers, entrepreneurs, business titans, and celebrities, including Leonardo DiCaprio, Jennifer Aniston, Larry Ellison, David Geffen, and Kim Kardashian, are among the ranks of esteemed homeowners in this coastal haven. In recent months, music icons Beyoncé and Jay-Z have also claimed their own slice of paradise in Malibu, further adding to its star-studded reputation. With its unparalleled beauty, sweeping ocean views, and an atmosphere of privacy, Malibu offers the perfect backdrop to find solace and respite. The luxe living doesn’t stop there: discover an array of renowned restaurants such as Nobu Malibu and Geoffrey's Malibu, indulge in entertainment at the famous Getty Villa, or seek retail therapy at the boutique Malibu Country Mart for high-end shopping and cultural experiences. Find Downtown L.A. at a moment’s notice, or head to the skies with convenient proximity to LAX. As the magnetic allure of Malibu's luxury real estate persists, it solidifies its position as a premier destination for the elite seeking the pinnacle of coastal splendor.
The Auction Method vs. Traditional Market
As the leading luxury real estate auction firm, Concierge Auctions has demonstrated the power and effectiveness of luxury auctions. In a series of recent successful sales, among those being ‘The One’—America’s largest private residence and a world-record setting property for highest price of any real estate listing in 2022, savvy sellers are recognizing the value of a time-oriented sale and the importance of global reach in the luxury realm. Last year, an exclusive River Oaks estate in Houston sold for $12.32M in just 41 days, garnering 14 bidders across the nation, including Texas, California, New Jersey, New Hampshire, and beyond. The Bahamian property, Elisium, a premier Ocean Club Estate, followed suit, selling for $15.68 million in just 35 days. The auction trend has proven successful world-wide, including the sale of an Amanpuri luxury ocean villa in Phuket, Thailand—gaveling in just 44 days. The auction method creates a sense of urgency among potential buyers, effectively bringing them off the sidelines to compete for ownership at market-value with a transparent process, while the seller's proactive strategy allows them to capitalize on international exposure.
QUOTES
"I believe in pushing the boundaries of innovation, and that extends to all aspects of my work. By proactively choosing a luxury auction for the sale of my home, I am embracing a time guaranteed solution that allows me to concentrate my energy on my next project without compromising on the quality or efficiency of the sales process.
—Kris Halliday, Current Home Owner & President of MKH Developments
"The Kaizen House is one of the finest pieces of contemporary architecture in Southern California. This Malibu estate is a once in a generation opportunity that epitomizes organic design with modern amenities and is the definition of California living."
—Aaron Kirman, Founder & CEO of AKG | Christie's International Real Estate
“We are thrilled to have the opportunity to represent the remarkable Kaizen property in Malibu and bring it to auction with the esteemed team at Concierge Auctions. After our phenomenal success with the sale of The One, partnering with Concierge Auctions again is truly exhilarating. The Kaizen property is a masterpiece of design and craftsmanship, offering unparalleled luxury and breathtaking views. Together, we are poised to create another historic moment in the real estate world. I am excited to embark on this journey and exceed expectations once again."
—Rayni Williams, Co-Founder The Beverly Hills Estates
“Kaizen in Malibu, a true gem of luxury, is now heading to auction with Concierge Auctions. This exclusive opportunity allows discerning buyers to seize the moment and secure a world-class property nestled amidst the breathtaking beauty of Malibu's coastline. This is a once in a lifetime chance to claim a piece of paradise and live a life of unrivaled elegance and coastal splendor in the heart of Malibu.”
—Branden Williams, Co-Founder The Beverly Hills Estates
“The Kaizen Home exemplifies the type of exclusive, one-of-a-kind properties that are perfectly suited to the luxury auctions that have become our hallmark. We’re looking forward to another successful auction with this phenomenal agent team.”
—Chad Roffers, President of Concierge Auctions.
The Kaizen Home is now available for showings daily 1-4PM and by appointment, in person or virtually.
As part of our Key for Key® giving program in partnership with Giveback Homes, the closing will result in the funding towards a new home built for a family in need.
Agents will be compensated according to the information listed on the property page. See Auction Terms and Conditions for full details.