NOT LISTED FOR SALE

18436 Wakecrest Dr Malibu, CA 90265

Estimated Value: $1,932,000 - $3,226,715

4 Beds
4 Baths
2,414 Sq Ft
$981/Sq Ft Est. Value

Highlights

  • White Water Ocean Views
  • Beach Access
  • Primary Bedroom Suite
  • Webster Elementary School Rated A
  • Filtered Pool
  • Bluff on Lot

About This Home

As of January 2024

Nestled in the quiet family neighborhood of Sunset Mesa on the border of Malibu and Pacific Palisades, this exceptional 4 bed, 4 bath residence offers luxury coastal living at its best. Panoramic ocean and city views greet you as you enter this sprawling single-level home, continuing through the living room, dining room, kitchen and primary suite. Each of the four bedrooms include a full ensuite bathroom. The kitchen features gleaming marble counters, a Viking stove, top-of-the-line stainless appliances, and built-in bar. Outside, you can entertain in style with a heated ocean-facing pool, complete with a water feature, ambient lighting, and built-in spa tub. A barbecue and fire pit allow for an ideal space to celebrate with friends and family day or night. This well-appointed property also includes an attached 2-car garage with storage, plus a privately walled courtyard offering additional outdoor space. This home offers its inhabitants a peaceful retreat while remaining close to vibrant energies of surrounding beach communities, including near by Santa Monica. Explore the local hiking trails of Topanga Canyon, indulge in fine dining at Mastro's Ocean Club, or unwind at the sandy beach, all within easy reach. Imagine waking up everyday to the breathtaking views of the Queen's Necklace, spanning from Los Angeles to Palos Verdes and beyond. This property encapsulates the essence of Southern California coastal living, where tranquility meets luxury, making it the perfect place to call home.

Last Agent to Rent the Property

Shamon Shamonki

Sotheby's International Realty License #01455034 Listed on: 01/10/2024

Sotheby's International Realty

Last Renter's Agent

Shamon Shamonki

Sotheby's International Realty License #01455034 Listed on: 01/10/2024

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 7,504 Sq Ft Lot
  • Lot Dimensions are 65x111
  • South Facing Home
  • Fenced Yard
  • Stucco Fence
  • Bluff on Lot
  • Corners Of The Lot Have Been Marked
  • Front Yard Sprinklers
  • Hilltop Location
  • Back Yard
  • Property is zoned LCR106

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Roof
  • Stucco
  • Stone

Interior Spaces

  • 2,414 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Sliding Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Office
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Kitchen Island
  • Marble Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire Sprinkler System

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Waterfall Pool Feature
  • Fence Around Pool

Outdoor Features

  • Beach Access
  • Slab Porch or Patio
  • Fire Pit
  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Security Deposit $28,000
  • $42,000 Move-In Fee
  • Tenant pays for gas, electricity, water, cable TV
  • Rent includes pool, gardener, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 4443-007-025

Home Details

Home Type

Single Family

Year Built

Built in 1962 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Control: No
  • Rent Excludes: Utilities
  • Rent Includes: Pool, Gardener, Trash Collection
  • Security Deposit: 28000
  • Tenant Pays: Gas, Electricity, Water, Cable TV
  • Total Move In Costs: 42000.00

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary Mediterranean
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Disability Access: No Interior Steps, Doors - Swing In, Doors w/Lever Handles
  • Entry Location: Foyer
  • Lease Terms: 1+Year
  • Living Area: 2414
  • Lot Acreage: 0.1723
  • Lot Dimensions: 65x111
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-Ins, Detached/No Common Walls
  • Fireplace Rooms: Living Room, Fire Pit
  • Flooring: Wood
  • Appliances: Built-In And Free Standing, Built-In BBQ, Built-In Gas, Cooktop - Gas, Gas Grill, Microwave
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Master Bedroom, Master Suite, Master Retreat, Ground Floor Master
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Breakfast Area, Dining Area, Kitchen Island, In Kitchen
  • Kitchen Features: Marble Counters, Remodeled
  • Laundry: Garage
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Refrigerator, Ceiling Fan, Dryer, Washer, Range/Oven, Microwave, Garbage Disposal, Barbeque
  • Fireplace: Yes
  • Price Per S Q F T: 5.80
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Construction: Stone, Stucco
  • Other Features: Barbecue Private, High Ceilings (9 Feet+), Slab, Rain Gutters, Sliding Glass Doors
  • Foundation Details: Slab
  • Exposure: south
  • Fence: Stucco Wall, Privacy
  • Patio: Rock/Stone, Concrete Slab
  • Pool Description: Waterfall, In Ground, Heated, Safety Fence, Gunite, Filtered, Private
  • Pool: Yes
  • Roof: Asphalt
  • Spa: In Ground, Hot Tub
  • Spa Yn: Yes
  • View: Ocean, Coastline, Catalina, City Lights, Panoramic, City, White Water, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Fire and Smoke Detection System, Prewired for alarm system
  • Sewer: In Street Paid
  • Water: District, In Street, Meter on Property

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Front
  • Horses: No
  • Assessor Parcel Number: 4443-007-025
  • Lot Description: Back Yard, Bluff Front, Corners Established, Fenced Yard, Curbs
  • Lot Location: Beach Access, Bluff Front, Hilltop
  • Lot Size Area: 7504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2018
Sold by
Thakor Nitin
Bought by
Thakor Nitin and Thakor Edith Salas
Current Estimated Value
$2,369,238

Purchase Details

Closed on
May 6, 2014
Sold by
Harker Kimberlin
Bought by
Thakor Nitin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,660,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2003
Sold by
Harker Dennis
Bought by
Harker Kimberlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,850
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Sold by
Schoellkopf Kristi
Bought by
Harker Dennis and Harker Kimberlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,850
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2003
Sold by
Weissmuller Helmut
Bought by
Schoellkopf Kristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,250
Interest Rate
5.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 3, 2003
Sold by
Schoellkopf Kristi and Schoellkopf Robert T
Bought by
Schoellkopf Kristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,250
Interest Rate
5.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 10, 2002
Sold by
Schoellkopf Kristi
Bought by
Schoellkopf Kristi and Schoellkopf Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1998
Sold by
Schoellkopf Kristi
Bought by
Schoellkopf Kristi and Schoellkopf Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
6.93%

Purchase Details

Closed on
Jan 15, 1998
Sold by
Schoellkopf Robert Thompson and Greenhut Schoellkopf Kristi
Bought by
Schoellkopf Robert T and Schoellkopf Kristi

Purchase Details

Closed on
May 28, 1997
Sold by
Bernold Charles I and Bernold Catharina
Bought by
Schoellkopf Robert Thompson and Greenhut Schoellkopf Kristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,200
Interest Rate
7.87%
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 Buyer Sale Price Title Company
Thakor Nitin -- None Available
Thakor Nitin $2,075,000 Lawyers Title
Harker Kimberlin -- Equity Title Company
Harker Dennis $1,229,000 Equity Title Company
Schoellkopf Kristi -- --
Schoellkopf Kristi -- Equity Title
Schoellkopf Kristi -- Fidelity Title
Schoellkopf Kristi -- Fidelity Title
Schoellkopf Kristi -- Fidelity Title
Schoellkopf Kristi -- Fidelity National Title Co
Schoellkopf Kristi -- Equity Title
Schoellkopf Robert T -- --
Schoellkopf Robert Thompson $729,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thakor Nitin $1,660,000
Previous Owner Harker Dennis $798,850
Previous Owner Schoellkopf Kristi $82,250
Previous Owner Schoellkopf Kristi $82,250
Previous Owner Schoellkopf Kristi $650,000
Previous Owner Schoellkopf Kristi $615,000
Previous Owner Schoellkopf Robert Thompson $583,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2024 01/29/24 Rented $14,000 0.0% --
01/26/2024 01/26/24 Under Contract -- -- --
01/10/2024 01/10/24 For Rent $14,000 +75.0% --
07/22/2013 07/22/13 Rented $8,000 -11.1% --
07/22/2013 07/22/13 Under Contract -- -- --
07/09/2013 07/09/13 For Rent $9,000 -- --
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 $29,189 $1,296,794 $1,296,794 --
2024 $29,189 $2,444,931 $1,955,949 $488,982
2023 $28,572 $2,396,993 $1,917,598 $479,395
2022 $28,236 $2,349,995 $1,879,999 $469,996
2021 $27,567 $2,303,918 $1,843,137 $460,781
2019 $27,031 $2,235,584 $1,788,469 $447,115
2018 $25,618 $2,191,750 $1,753,401 $438,349
2016 $24,687 $2,106,643 $1,685,315 $421,328
2015 $24,357 $2,075,000 $1,660,000 $415,000
2014 $17,500 $1,456,715 $1,140,344 $316,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-345209

The MLS

APN: 4443-007-025