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One of the best-known homes on the Southern California coast is on the market for the first time in 36 years.
Designed by the architect Harry Gesner to emulate the motion of the Pacific surf, the “Wave House” epitomizes the Mid-Century Modern Malibu aesthetic. Tucked into a hidden grove at 33602 Pacific Coast Highway, the home has been listed for $49.5 million via Douglas Elliman agent Dena Luciano, alongside Chris Cortazzo and Zev Gesner of Compass and Drew Fenton of Carolwood Estates.
An avid surfer throughout his life, Gesner famously sketched plans while observing the property from his surfboard. The house was built in 1963 for Gesner’s friends and fellow surfers Gerry and Glenn Cooper, and later owned by Rod Stewart in the 1970s before it was bought by the legendary record executive Mo Ostin, in 1987.
The residence has two distinct levels. Three vaulted oceanfront public rooms and a stunning beachfront primary suite with hot tub and sauna make up the lower level, while the upper level offers ocean views from nearly all of the five bedrooms that span the width of the property.
Perhaps the most distinctive design theme is a series of overlapping circles, including three wraparound decks that echo the shape of the incoming surf, the sunken conversation pit that swirls around its central fireplace, and the hand-cut copper shingles on the roof that resemble the scales of a fish.
The home features an expansive, landscaped entry patio, plus wide, semicircular decks for dining, entertaining, lounging, and sea and stargazing. A separate garage/guest house structure offers additional bedrooms.
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