With his ‘mansion in the sky’ penthouse in the Century building in downtown Los Angeles still for sale at the reduced price of $27 million, actor Matthew Perry—best known for his star turn on the iconic TV show Friends—has another L.A.-area property to offer on the open market: this Malibu oceanfront, which listed this month at $14.95 million.

The home is situated west of the Bluffs. It was built in 1960; revisions throughout the years have left it a 5,500 sq. ft. home with four bedrooms and four baths.

With interiors that find a sweet spot between rustic and beachy old Malibu and understated contemporary sensibilities, this house will appeal to a broad range of tastes. The satin-finished plank floors are finished pale; above, a raw ceiling with exposed beams, joists and hardware gives the living style a bit of history and substance. Wood-framed doors and windows, a fetching industrial-luxe staircase, and amenities that include a home theater with tiered seating and a spa room are other details of this home.

The outdoor living area includes upper and lower balcony decks. A fire feature is the centerpiece of the second-floor balcony, accessible via the home’s bedrooms, including the master. A large walk-in closet with beautiful hardwood cabinetry, a private lounge, and a bath with a soaking tub also feature in the sanctuary master, which offers meditative Pacific views.