LA
03/01/2012 07:54 pm ET | Updated Mar 02, 2012

Dick Clark's Malibu Retreat Listed For $3.5 Million (PHOTOS)

Dick Clark's Malibu hideaway makes crawling under a rock seem like an attractive proposition.

The home, which looks as if it were carved from one massive megalith, sits atop a mountain and almost 23 acres of land (zoned, of course, for horses and a pool).

The property's vantage point boasts 360-degree views of the surrounding ocean, mountains and city, which can be taken in through the home's wide glass panel windows.

The one-bedroom, two-bathroom retreat went on the market Thursday for a cool $3.5 million -- a far cry from the $500 it took to purchase the land in 1991.

Clark is best-known for the show "American Bandstand," which he hosted in the 50s and 60s. He is also the ever-youthful face of New Year's Eve in America. He's produced and hosted the "Dick Clark's New Year's Rockin' Eve" countdown every year since 1972 -- except for 2004, the year he suffered a massive stroke. When he returned in 2005, he co-hosted the New Year's Eve countdown with Ryan Seacrest, which he's done every year since then.

Photos by Everett Fenton Gidley, courtesy of the official listing with Diane Carter of Coldwell Banker.

Dick Clark Malibu Home

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