$1,500,000
SOLD JUL 10, 2025

18254 Wakecrest Dr Malibu, CA 90265

0.14 Acre
$10,541,110 Price per Acre
6,197 Sq Ft Lot

Recently Sold

$702 Per Sq Ft

17% Below List Price

13 Days on Market

About This Lot

As of July 2025

Unmatched Ocean Views in Coveted Sunset Mesa! Perched in one of Malibu's most sought-after neighborhoods, this 6,197-square-foot lot offers a rare opportunity to build your dream home with sweeping, unobstructed ocean views that rank among the best in all of Sunset Mesa. Located in a prime position on Wakecrest Drive, the property boasts panoramic vistas that truly must be seen to be believed sunsets, coastline, and horizon views that are nothing short of breathtaking. Phase I and II debris removal has already been completed, streamlining the path for new construction. Don't miss your chance to create a stunning custom residence in one of Los Angeles' most beloved coastal communities.

Last Agent to Sell the Property

N. Lili Geller

Compass License #01938836 Listed on: 06/12/2025

Compass

Co-Listed By

Scott Gibson

Compass License #00692787

Last Buyer's Agent

Lola Ross

Rodeo Realty - Pacific Palisades License #01451829

Rodeo Realty - Pacific Palisades

Property Details

Property Type

  • Land

Lot Details

  • 6,197 Sq Ft Lot
  • Lot Dimensions are 58x126
  • Property is zoned LCR106

Property Views

  • Ocean
  • Coastline
  • Mountain

Listing and Financial Details

  • Assessor Parcel Number 4443-008-008

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1423
  • Lot Dimensions: 58x126
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Coastline, Ocean, Mountains
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 4443-008-008
  • Lot Size Area: 6197

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2025
Closed on
Jun 24, 2025
Sold by
Katherine Snyder May Trust and May Katherine Snyder
Bought by
18254 Wakecrest Llc
Seller's Agent
N. Lili Geller
Compass
Buyer's Agent
Lola Ross
Rodeo Realty - Pacific Palisades
List Price
$1,799,000
Sold Price
$1,500,000
Premium/Discount to List
-$299,000
-16.62%
Views
15
Current Estimated Value
$1,972,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,340
Avg. Annual Appreciation
74.84%

Purchase Details

Closed on
Sep 27, 2022
Sold by
May Katherine
Bought by
Katherine Snyder May Trust
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 $1,500,000 Consumers Title Company
Quit Claim Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2025 07/10/25 Sold $1,500,000 -16.6% $702 / Sq Ft
06/25/2025 06/25/25 Pending -- -- --
06/13/2025 06/13/25 Price Changed $1,799,000 0.0% $842 / Sq Ft
06/13/2025 06/13/25 For Sale $1,799,000 -10.0% $842 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $1,999,000 -- $936 / Sq Ft
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 $7,305 $170,404 $170,404 --
2024 $7,305 $537,257 $256,846 $280,411
2023 $7,129 $526,723 $251,810 $274,913
2022 $6,983 $516,396 $246,873 $269,523
2021 $6,802 $506,272 $242,033 $264,239
2019 $6,665 $491,257 $234,855 $256,402
2018 $6,309 $481,625 $230,250 $251,375
2016 $6,057 $462,925 $221,310 $241,615
2015 $5,977 $455,972 $217,986 $237,986
2014 $5,907 $447,041 $213,716 $233,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25534253

The MLS

APN: 4443-008-008