NOT LISTED FOR SALE

18308 Wakecrest Dr Malibu, CA 90265

Topanga Area

Estimated Value: $3,125,677

3 Beds
2 Baths
1,922 Sq Ft
$1,626/Sq Ft Est. Value

Sale Details

Date Sold: October 29, 2024

Last sale price $4,000,000 $2,081 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $20,934 / mo

About This Home

Discover this stunning, one-of-a-kind Rustic Spanish home with panoramic ocean views at 18308 Wakecrest Dr. in the highly sought-after community of Sunset Mesa. This exquisite residence offers breathtaking vistas of the ocean, the iconic Queen's Necklace from Malibu to Palos Verdes, and Catalina Island. With meticulously designed outdoor spaces that seamlessly extend the indoor living area, every corner of this property is maximized, giving the impression of a significantly larger interior. The interior boasts a living room with American clay plaster walls and a stunning Eldorado stone fireplace, complemented by built-in surround sound system. The kitchen is a chef's dream, equipped with an AGA range, custom matching hood, distressed Douglas fir cabinets, granite countertops, hammered copper farm sink, and custom copper bar countertop. The primary bedroom includes an Eldorado stone accent wall, Ralph Lauren suede paint, and sliding door access to the front patio, while the guest rooms feature similar luxurious finishes. Both full baths are adorned with imported slate countertops and showers, Eldorado stone accent walls, hammered copper sinks, custom antique pine vanities, and oil-rubbed bronze fixtures.Outdoor features include a 530 sq. ft. central courtyard acting as an outdoor living room with seating, dining area, fountain, fire pit, and retractable Sunbrella canvas awnings. The 300 sq. ft. front courtyard features a custom fire pit and fountain combo with seating. The backyard includes a pool/spa combo with a waterfall, swim jets, motorized cover, built-in entertaining area with BBQ, and a fireplace. The area is surrounded by Eldorado stone walls, pavers, a solid wood overhang, and custom cedar wood fencing.Enjoy unmatched ocean views, year-round indoor/outdoor living, and single-level convenience. Nestled in the coveted Sunset Mesa neighborhood, this property is just minutes away from the beach and Santa Monica, offering the perfect blend of tranquility and convenience. It's just ten minutes to Palisades Village and fifteen minutes to Nobu. Revel in the convenience of a walkable neighborhood, private trail access to Topanga State Park, and an exclusive Getty Villa access card. This exceptional residence is not just a home; it's a lifestyle, offering a seamless blend of design and coastal elegance.

Range of Values:

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Collateral Analytics

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ICE

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Mardanpour Morteza $4,000,000 First American Title Company
Mccoy Spencer $665,000 Equity Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $473,200
Previous Owner Mardanpour Morteza $2,300,000
Previous Owner Mccoy Spencer $563,800
Previous Owner Mccoy Spencer $592,000
Previous Owner Mccoy Spencer $682,000
Previous Owner Mccoy Spencer $100,000
Previous Owner Mccoy Spencer $680,000
Previous Owner Mccoy Spencer $100,000
Previous Owner Mccoy Spencer $585,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2024 10/29/24 Sold $4,000,000 -4.8% $2,081 / Sq Ft View Prior Sale
09/16/2024 09/16/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $4,200,000 -- $2,185 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $39,340 $4,080,000 $3,264,000 $816,000
2025 $39,340 $3,160,000 $2,560,000 $600,000
2024 $13,058 $1,041,008 $832,814 $208,194
2023 $12,729 $1,020,597 $816,485 $204,112
2022 $12,570 $1,000,586 $800,476 $200,110
2021 $12,262 $980,968 $784,781 $196,187
2019 $12,020 $951,874 $761,505 $190,369
2018 $11,389 $933,211 $746,574 $186,637
2016 $10,963 $896,976 $717,585 $179,391
2015 $10,817 $883,504 $706,807 $176,697
2014 $10,670 $866,198 $692,962 $173,236
Source: Public Records

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