$255,000
SOLD OCT 8, 2025

10150 Cotharin Rd Malibu, CA 90265

40 Acres
$6,375 Price per Acre
1,742,400 Sq Ft Lot

Recently Sold

63% Below List Price

489 Days on Market

Highlights

  • Ocean View
  • Horse Property
  • 40 Acre Lot
  • Adolfo Camarillo High School Rated A-

About This Lot

As of October 2025

40 ACRE OCEAN VIEW PROPERTY located in the foothills of the Santa Monica Mountains. This is the view that you are looking for in the Malibu Hills. Just over the county line in Ventura County, there is plenty of useable ground at the end of this private road. The beautiful ocean views are matched with vistas of the surrounding parkland and rolling hills. Pastures on the distant hillsides dot the landscape. Water well on the property with report that estimates approximately 20 gallons per minute (GPM). Well report is included in the photo section. Western Malibu has become a hidden gem and zoning laws have kept the developers away. This will always be a rural neighborhood of large parcels and big views. Must see if you want privacy and views. As in the case of all vacant land, agents and buyers viewing this property do so at their own risk.

Last Agent to Sell the Property

Chris Frost

Sotheby's International Realty License #00499287 Listed on: 02/28/2024

Last Buyer's Agent

Chris Frost

Sotheby's International Realty License #00499287 Listed on: 02/28/2024

Property Details

Property Type

  • Land

Lot Details

  • 40 Acre Lot
  • Property fronts a private road
  • Property is zoned RA5AC

Property Views

  • Ocean
  • Panoramic
  • Hills
  • Park or Greenbelt

Outdoor Features

  • Horse Property

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 700-0-150-485

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 40.0000
  • Survey: Buyer Pays
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: No
  • Street Description: Dirt/Gravel
  • Street Lights: No
  • View: Ocean, Green Belt, Hills, Panoramic
  • View: Yes

Utilities

  • Cable: No
  • Gas: Propane
  • Sewer: Septic Tank
  • Telephone: No
  • Water: Well

Lot Info

  • Special Zoning: Coastal Commission, Special Study
  • Horses: Yes
  • Assessor Parcel Number: 700-0-150-485
  • Lot Description: Horse Property
  • Lot Location: Private Road, Varied
  • Lot Size Area: 1742400
  • Site Decription: Rural, Varied
  • Staked: No
  • Topography: Varied
  • Water Well: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Sep 16, 2025
Sold by
Brandt Nicholas and Brady Orla
Bought by
Hermis Matthew
Seller's Agent
Chris Frost
Sotheby's International Realty
Buyer's Agent
Chris Frost
Sotheby's International Realty
List Price
$685,000
Sold Price
$255,000
Premium/Discount to List
-$430,000
-62.77%
Views
251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9472.12%
Original Mortgage
$150,000
Outstanding Balance
$149,866
Interest Rate
6.58%
Mortgage Type
Seller Take Back
Estimated Equity
$514,721

Purchase Details

Listed on
Nov 20, 2012
Closed on
Apr 26, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Brandt Nicholas and Brady Orla
Seller's Agent
Jennifer Chrisman
Compass
Buyer's Agent
Jennifer Chrisman
Compass
List Price
$288,750
Sold Price
$230,000
Premium/Discount to List
-$58,750
-20.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.83%

Purchase Details

Closed on
Oct 4, 2012
Sold by
Keyes Tameron
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jul 15, 2010
Sold by
Keyes Tameron
Bought by
Capital Asset Group Inc

Purchase Details

Closed on
Oct 22, 2004
Sold by
Snair Christopher Allan and Hutton Snair Patricia
Bought by
Keyes Tameron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 12, 1997
Sold by
Deer Creek Inc
Bought by
Snair Christopher Allan and Hutton Snair Patricia

Purchase Details

Closed on
Oct 18, 1996
Sold by
Deer Creek Inc
Bought by
Avondale Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.67%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $255,000 Equity Title Company
Quit Claim Deed -- Equity Title Company
Grant Deed $230,000 Fidelity National Title
Trustee Deed $332,444 Servicelink
Grant Deed $444,500 Fidelity Natl Title Co Vn
Grant Deed $550,000 Equity Title Company
Grant Deed $35,500 Investors Title Company
Grant Deed $500 Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Seller Take Back
Previous Owner $385,000 Unknown
Previous Owner $58,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2025 10/08/25 Sold $255,000 -53.6% --
05/19/2025 05/19/25 Pending -- -- --
08/21/2024 08/21/24 Price Changed $550,000 -19.7% --
02/28/2024 02/28/24 For Sale $685,000 0.0% --
01/17/2024 01/17/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $685,000 +197.8% --
04/30/2013 04/30/13 Sold $230,000 -20.3% -- View Prior Sale
12/29/2012 12/29/12 Pending -- -- --
11/20/2012 11/20/12 For Sale $288,750 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,989 $283,222 $283,222 --
2024 $2,989 $277,669 $277,669 --
2023 $3,059 $272,225 $272,225 $0
2022 $2,913 $266,888 $266,888 $0
2021 $2,864 $261,655 $261,655 $0
2020 $2,895 $258,973 $258,973 $0
2019 $2,806 $253,896 $253,896 $0
2018 $2,765 $248,917 $248,917 $0
2017 $2,677 $244,037 $244,037 $0
2016 $2,598 $239,252 $239,252 $0
2015 $2,588 $235,659 $235,659 $0
2014 $2,510 $231,044 $231,044 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-348897

The MLS

APN: 700-0-150-485