$11 million — Malibu

A newly built contemporary-style home in the 24000 block of Malibu Road sold after coming on the market in February for $13.5 million. More recently, it had been listed at $11.995 million, records show.

The newly built oceanfront home in the 24000 block of Malibu Road features retractable walls of glass, an elevator and a glass-and-steel floating staircase.

Entered through a courtyard with a fountain, the 3,188-square-foot home has retractable walls of glass, an elevator and a glass- and steel-enclosed staircase. Three floors of living take in unobstructed ocean views.

Public areas done in wide-plank oak floors include an open-plan living room with a wall fireplace, a formal dining room and a kitchen with a large center island. There are four bedrooms and five bathrooms in all.

Exterior features include a wide patio with a raised spa and a rooftop deck with an outdoor fireplace and living room. Private access to the beach below completes the coastal setting.

Sandro Dazzan and Irene Dazzan-Palmer of Coldwell Banker, represented the buyer.