NOT LISTED FOR SALE

11624 Ellice St Malibu, CA 90265

Estimated Value: $4,091,000 - $4,992,000

1.28 Acres
$3,559,448 Price per Acre
55,578 Sq Ft Lot

Last Sold December 23, 2024

Last sale price $4,950,000

Est. 8% decrease in value since last sale

Current estimated payment $24,652/month

498 Days on Market

Highlights

  • White Water Ocean Views
  • Bluff on Lot
  • Rectangular Lot
  • Adolfo Camarillo High School Rated A-
  • Fenced Yard
  • Front Yard

About This Lot

As of December 2024

Just reduced for sale this is the last of the front row lots at MariSol. Ready-to-build 1.27-acre lot on the same street as multiple plus $20 Million sales, including the most recent $28.1 Millon sale. Break ground and build fast w/ quick and efficient permit processing. Not yet approved, but ready to submit concepts by world renowned architect Doug Burdge AIA included. Conceptual plans reveal stunning, unobstructed ocean views that will be the ultimate backdrop for any occasion. California outdoor living at its finest where you can find a warm outdoor pool, & comfortable sitting areas to enjoy. Homes up to 20k sq.ft. are possible at MariSol, Malibu's most exclusive, boutique residential community. This is the last of the front-row lots available in MariSol, so get it while you can.

Last Agent to Sell the Property

Patrick Boyle

Marisol Malibu Realty License #00548836 Listed on: 08/24/2023

Co-Listed By

Scott Morris

Marisol Malibu Realty License #01877292

Last Buyer's Agent

Todd Baker

Coldwell Banker Realty License #01446166

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

  • 1.28 Acre Lot
  • Fenced Yard
  • Bluff on Lot
  • Rectangular Lot
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Front Yard
  • Property is zoned Coastal Residential (CR-1)

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Bluff
  • Mountain

Utilities

  • Underground Utilities
  • Property is located within a water district
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 700-0-270-055

Property Details

Property Type

Land

Lot Details

1.28 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Marisol Malibu HOA
  • Lot Acreage: 1.2759
  • Probate: No
  • Builders Tract Name: MariSol Malibu
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fence Condition: Stone Perimiter Walls
  • Fenced: Yes
  • Public Street: Yes
  • Street Description: Public, Sidewalk, Curbed, Asphalt, Concrete
  • Street Lights: Yes
  • View: Mountains, Ocean, Bluff, Coastline, White Water, Water, Catalina, Panoramic
  • View: Yes

Utilities

  • Water District: Yerba Buena Water Co.
  • Cable: Yes
  • Electric: On Site
  • Sewer: Septic Tank
  • Telephone Service: In Street
  • Telephone: Yes
  • Water: On Site, District, Meter on Property, Public

Condo/Co-op/Association

  • HOA Fees: 600.00

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 700-0-270-055
  • Improvements: Stone Perimeter Walls, Graded Flat, Mature Trees, All Utilities In
  • Ingress Egress: Street Level
  • Lot Description: Bluff Front, Fenced, Lot-Level/Flat, Utilities Underground, Corners Established, Fenced Yard, Front Yard, Lot Shape-Rectangular, Sidewalks, Street Lighting
  • Lot Location: Bluff Front
  • Lot Size Area: 55577
  • Site Decription: Beach
  • Staked: Yes
  • Topography: Flat,Pad
  • Tract Lot: Final
  • Trees: Mature
  • Units Per Acre: 0-1 Unit/Acre
  • Water Well: No

Rental Info

  • Land Lease Type: Fee

Tax Info

  • Tax Total: 1361439.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Dec 10, 2024
Sold by
Crown Pointe Estates At Malibu Llc
Bought by
Sea & Sun Holdings Llc
Seller's Agent
Patrick Boyle
Marisol Malibu Realty
Buyer's Agent
Todd Baker
Coldwell Banker Realty
List Price
$5,750,000
Sold Price
$4,950,000
Premium/Discount to List
-$800,000
-13.91%
Views
86
Current Estimated Value
$4,540,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$410,000
Avg. Annual Appreciation
-6.93%
Original Mortgage
$11,400,000
Outstanding Balance
$11,269,010
Interest Rate
6.79%
Mortgage Type
Construction
Estimated Equity
-$6,727,510
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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Purchase History

Date Buyer Sale Price Title Company
Sea & Sun Holdings Llc $4,950,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sea & Sun Holdings Llc $11,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2024 12/23/24 Sold $4,950,000 -10.8% --
11/14/2023 11/14/23 Price Changed $5,550,000 +0.9% --
10/24/2023 10/24/23 Pending -- -- --
10/02/2023 10/02/23 Price Changed $5,500,000 -4.3% --
08/24/2023 08/24/23 For Sale $5,750,000 0.0% --
07/26/2023 07/26/23 Pending -- -- --
06/15/2023 06/15/23 Price Changed $5,750,000 -8.0% --
11/29/2022 11/29/22 Price Changed $6,250,000 -19.4% --
06/13/2022 06/13/22 For Sale $7,750,000 -- --
Source: The MLS

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 $15,442 $4,950,000 $4,950,000 --
2024 $15,442 $1,434,156 $1,434,156 --
2023 $15,805 $1,406,036 $1,406,036 $0
2022 $15,050 $1,378,467 $1,378,467 $0
2021 $14,796 $1,351,439 $1,351,439 $0
2020 $14,954 $1,337,583 $1,337,583 $0
2019 $14,497 $1,311,356 $1,311,356 $0
2018 $14,284 $1,285,644 $1,285,644 $0
2017 $13,831 $1,260,436 $1,260,436 $0
2016 $13,422 $1,235,722 $1,235,722 $0
2015 $13,371 $1,217,161 $1,217,161 $0
2014 $12,967 $1,193,319 $1,193,319 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Patrick Boyle

    Marisol Malibu Realty

    (818) 854-2663

    4 Total Sales

    Patrick Boyle
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Scott Morris

    Marisol Malibu Realty

    Section Image
  • Todd Baker

    Buyer's Agent in 2024

    Todd Baker

    Coldwell Banker Realty

    (310) 801-1475

    19 Total Sales

    Todd Baker
    Section Image
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Map

Source: The MLS

MLS Number: 22-163029

The MLS

APN: 700-0-270-055

California Ventura County Malibu 90265

11624 Ellice St, Malibu, CA

Not Listed for Sale

Lots

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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