House of the Day: An Outpost of Cool in Malibu Colony

There is just a certain cache to Malibu Colony. In the world's mind, it's where the A-List celebrities frolic in the surf and play. Let's throw a bucket of ice water over that one right now. Most of Malibu Colony is owned by the guys who sign those A-Listers' paychecks. There are probably more business guys there than stars in bikinis for one simple reason: They can afford it.

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House of the Day: An Outpost of Cool in Malibu Colony

And this latest Malibu Colony listing is no exception. Owned by businessman Mike Weinstock who runs the multi-city restaurant chains, The Daily Grill and the Grill on the Alley, this four-bedroom architectural is listed at $27.5 million. It has 3,857 square feet and is located on the best part -- which is to say the sandiest part -- of Malibu Colony beach. There is a beachfront patio with a pool -- upping its value in Colony currency -- and pretty much gourmet and top-of-the-line everything.

Susan Monus of Coldwell Banker, Malibu West office, has the listing.

Click on the images below to view other Malibu Colony homes:

See more Houses of the Day and homes for sale in Malibu, Calif., on AOL Real Estate.

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