$5,400,000
SOLD OCT 2, 2018

11870 Ellice St Malibu, CA 90265

1 Acres
$5,398,391 Price per Acre
43,573 Sq Ft Lot

Recently Sold

8% Below List Price

351 Days on Market

About This Lot

As of July 2025

The finest ocean connection in Malibu on this ready to build 1 acre estate lot priced to sell - and with a $20 Million next door neighbor. 140 linear feet of unobstructed ocean white water, surfer and kite surfer views. Private beach bluff top. Build your dream estate with no Coastal or City of Malibu restrictions. Located in World Class Marisol Malibu community. Easy private jet access from Camarillo Airport less than 20 minutes away with no traffic. FINISHED ESTATE OFFERED AT $29,500,000, COMPLETION DECEMBER 2019. 3 LEVEL PRIVATE BLUFF TOP HOME, 20,000 SQFT, 9 BEDROOM , 12 BATH. SPORT COURT, GRAND, VIEWING PAVILLION, 2BD 2BA GUEST HOUSE, 6 CAR GARAGE, PARKING FOR 20, DRAMATIC MOTOR COURT, 70 FT POOL/SPA/CABANA, INDOOR POOL, SPA, THEATER, YOGA COURT, BAR, CELLAR, GAME ROOM, GYM.

Last Agent to Sell the Property

Rodrigo Iglesias

Hilton & Hyland License #00994039 Listed on: 07/24/2017

Hilton & Hyland

Co-Listed By

helenadeeds Deeds

Sotheby's International Realty License #01891088

Last Buyer's Agent

Donna Castaneda

Re/Max Coastal Homes License #01345775

Re/Max Coastal Homes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $285,264

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • White Water Ocean Views
  • 1 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 700-0-260-035

Property Details

Property Type

Land

Est. Annual Taxes

$285,264

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: White Water
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 700-0-260-035
  • Geocode Override: No
  • Lot Size Area: 43573
  • Tract Lot: Final

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Aug 18, 2023
Sold by
Maxandrocky Llc
Bought by
Malibu Properties Llc
Seller's Agent
Branden Williams
The Beverly Hills Estates
Buyer's Agent
Estel Hilton
The Beverly Hills Estates
List Price
$47,800,000
Sold Price
$28,090,000
Premium/Discount to List
-$19,710,000
-41.23%
Views
1718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-28.77%
Original Mortgage
$550,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2021
Sold by
Mkhellice Llc
Bought by
Maxandrocky Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2021
Sold by
Vancouver Mansions Inc
Bought by
Maxandrocky Llc

Purchase Details

Listed on
Jul 24, 2017
Closed on
Aug 21, 2018
Sold by
Chiu Gabriel and Chiu Christine Alexander
Bought by
11870 Ellice Street Llc
Seller's Agent
Rodrigo Iglesias
Hilton & Hyland
Buyer's Agent
Donna Castaneda
Re/Max Coastal Homes
List Price
$5,900,000
Sold Price
$5,400,000
Premium/Discount to List
-$500,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.60%
Original Mortgage
$3,240,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 24, 2017
Closed on
Aug 8, 2018
Sold by
11870 Ellice Street Llc
Bought by
Vancouver Mansions Inc
Seller's Agent
Rodrigo Iglesias
Hilton & Hyland
Buyer's Agent
Donna Castaneda
Re/Max Coastal Homes
List Price
$5,900,000
Sold Price
$5,400,000
Premium/Discount to List
-$500,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,240,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2016
Sold by
Crown Pointe Restates At Malibu Llc
Bought by
Chiu Gabriel and Chiu Christine Alexandra

Purchase Details

Closed on
Sep 21, 2016
Sold by
Smith Tim
Bought by
Crown Pointe Estates At Malibu Llc

Purchase Details

Listed on
May 15, 2015
Closed on
May 26, 2016
Sold by
Crown Pointe Estates At Malibu Llc
Bought by
Smith Tim
Seller's Agent
Rodrigo Iglesias
Hilton & Hyland
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$5,500,000
Sold Price
$4,000,000
Premium/Discount to List
-$1,500,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.60%

Purchase Details

Closed on
Oct 27, 2004
Sold by
Mahfar Abraham and Mahfar Abe
Bought by
Crown Pointe Estates At Malibu Llc
Source: Public Records

Range of Values:

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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 $26,500,000 Chicago Title Company
Grant Deed -- Pacific Coast Title Co
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed $5,400,000 Lawyers Title Co
Grant Deed $3,700,000 Chicago Title Company
Grant Deed $4,000,000 Chicago Title Company
Grant Deed $4,000,000 Chicago Title Company
Grant Deed $875,000 Chicago Title Co
Grant Deed $875,000 Chicago Title Co
Grant Deed $1,908,000 Chicago Title Co
Grant Deed $2,168,000 Chicago Title Co
Grant Deed $2,611,000 Chicago Title Co
Grant Deed $1,188,000 Chicago Title Co
Grant Deed $1,047,000 Chicago Title Co
Grant Deed -- Chicago Title Co
Grant Deed $771,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $15,000,000 New Conventional
Previous Owner $550,000 New Conventional
Previous Owner $5,000,000 New Conventional
Previous Owner $750,000 Construction
Previous Owner $25,000,000 New Conventional
Previous Owner $1,000,000 Commercial
Previous Owner $1,850,000 Unknown
Previous Owner $1,200,000 Unknown
Previous Owner $7,250,000 Commercial
Previous Owner $3,240,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Sold $19,000,000 0.0% $950 / Sq Ft
07/11/2025 07/11/25 Pending -- -- --
06/28/2025 06/28/25 Price Changed $19,000,000 -36.2% $950 / Sq Ft
01/27/2025 01/27/25 For Sale $29,800,000 +6.1% $1,490 / Sq Ft
08/21/2023 08/21/23 Sold $28,090,000 +8.0% $1,405 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
07/25/2023 07/25/23 Price Changed $26,000,000 -45.6% $1,300 / Sq Ft
06/23/2023 06/23/23 For Sale $47,800,000 +785.2% $2,390 / Sq Ft
10/02/2018 10/02/18 Sold $5,400,000 -8.5% --
06/04/2018 06/04/18 For Sale $5,900,000 +9.3% --
05/31/2018 05/31/18 Off Market $5,400,000 -- --
01/22/2018 01/22/18 For Sale $5,900,000 +9.3% --
01/18/2018 01/18/18 Off Market $5,400,000 -- --
07/24/2017 07/24/17 For Sale $5,900,000 +47.5% --
07/22/2016 07/22/16 Sold $4,000,000 -27.3% --
05/25/2016 05/25/16 Pending -- -- --
05/15/2015 05/15/15 For Sale $5,500,000 -- --
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 $285,264 $27,030,000 $17,569,500 $9,460,500
2024 $285,264 $26,500,000 $17,225,000 $9,275,000
2023 $86,120 $7,661,673 $5,789,890 $1,871,783
2022 $82,005 $7,511,445 $5,676,363 $1,835,082
2021 $80,619 $7,364,162 $5,565,062 $1,799,100
2020 $61,581 $5,508,000 $5,508,000 $0
2019 $59,684 $5,400,000 $5,400,000 $0
2018 $45,320 $4,080,000 $4,080,000 $0
2017 $43,883 $4,000,000 $4,000,000 $0
2016 $14,072 $1,295,591 $1,295,591 $0
2015 $14,021 $1,276,131 $1,276,131 $0
2014 $13,597 $1,251,135 $1,251,135 $0
Source: Public Records

Agents Affiliated with this Home

  • Estel Hilton

    Seller's Agent in 2025

    Estel Hilton

    The Beverly Hills Estates

    (310) 907-4900

    16 Total Sales

    Estel Hilton
    Section Image
  • Chris Cortazzo

    Seller Co-Listing Agent in 2025

    Chris Cortazzo

    Compass

    (310) 457-3995

    226 Total Sales

    Chris Cortazzo
    Section Image
  • Branden Williams

    Seller's Agent in 2023

    Branden Williams

    The Beverly Hills Estates

    (310) 278-3311

    196 Total Sales

    Branden Williams
    Section Image
  • Aaron Kirman

    Seller Co-Listing Agent in 2023

    Aaron Kirman

    Christie's International Real Estate SoCal

    (424) 249-7162

    276 Total Sales

    Aaron Kirman
    Section Image

  • R

    Seller's Agent in 2018

    Rodrigo Iglesias

    Hilton & Hyland

    Section Image

  • h

    Seller Co-Listing Agent in 2018

    helenadeeds Deeds

    Sotheby's International Realty

    Section Image
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Map

Source: The MLS

MLS Number: 17-254514

The MLS

APN: 700-0-260-035

California Ventura County Malibu 90265

11870 Ellice St, Malibu, CA

This home is located at 11870 Ellice St, Malibu, CA 90265 and is currently priced at $5,400,000. 11870 Ellice St is a home located in Ventura County with nearby schools including Channel Islands High School.

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The MLS © 2025 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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