$2,495,000
$400K PRICE DROP

Estimated payment $14,186/month

Total Views 4,374
3 Beds
3 Baths
1,628 Sq Ft
$1,533 Price per Sq Ft

Highlights

  • White Water Ocean Views
  • Detached Guest House
  • Art Studio
  • Webster Elementary School Rated A
  • Horses Allowed On Property
  • 2.03 Acre Lot

About This Home

Presenting the ocean view, private, gated compound of renowned Sculptor and Printmaker Eugene Sturman. First time on the market in almost 50 years. #Vintage70's! Located within a coveted gated neighborhood, this property features magnificent ocean views and magical sunsets overlooking Pt. Dume. Calling all Artists, Musicians, Writers, Filmmakers, Creative Visionaries & Car Collectors, to re-imagine this Diamond in the Rough with 3 separate structures. Live in one, rent out the other, and work in a huge, light filled 2-story art studio with high ceilings and concrete floors. Situated on 2.03 acres behind the gates of W. Saddle Peak Rd., the drought-tolerant landscape features succulents, cacti, pepper trees, eucalyptus, ash, oleander, live oaks, manzanita, acacia, toyon stone pines and ceanothus trees, yellow blooming desert broom along with an abundance of purple blooming, pride of madeira and many other succulents, accentuating the dramatic rock formations. The property consists of 3 separate Structures: STUDIO A (closest to Loma Metisse Rd.) is used as a sculpture studio and is open for interpretation and your imagination. Comprised of a "footprint" of approximately 1,450 sq. Ft., there are two floors. Main floor has an approx. 400 sq. ft. office / drawing room with an approx. 1,000 sq. ft. Studio with natural light. About 1,000 of "crawl space", 6-8' in height, currently used as storage and undeveloped, is beneath. Underneath the office / drawing room, is an approx. 400 sq. ft. Garage with concrete floors, for 2 cars. No bathroom, but the building does have water. MAIN HOUSE: 2 Beds, 2 baths, 2 stories. Features ocean views over Pt. Dume, approximately 1,628 sq. ft., per the Tax rolls. One bed and bath downstairs, 1+1 upstairs. The main floor comprises a kitchen, dining space, family room with fireplace, a great room also with fireplace, all opening to a charming garden patio with outdoor kitchen and seating area. You could potentially add a floor above the living room area to enclose a 3rd bedroom on the second floor. STUDIO B / Guest House (building at top of property) has approx. 1,800 sq. ft., 2 story living quarters, approx. 400 sq. ft. each floor, with kitchen & laundry on main floor and 1 bed, 1 bath upstairs, plus an attached studio which adds another approx. 1,000 sq. ft. of usable space. Could house a car collection for example, or be a sound studio, etc. Built in 1979, this mesmerizing property is a cosmetic "fixer" with a TON of potential, and HUGE income possibilities. Live your Malibu dream in nature and fresh air. 15 min. to Malibu Canyon with easy access to the 101 freeway, or go down Piuma to Rambla Pacifico, to Las Flores Canyon to Malibu beaches, Pacific Coast Hwy., Schools, Shops, Farmers Market. You can also cut through to Topanga Canyon by following W. Saddle Peak to Tuna Cyn to Fernwood Pacific. Great hiking nearby. Priced to sell!

Listing Agent

Lee LaPlante

Coldwell Banker Realty License #01225083 Listed on: 06/16/2025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,683

Year Built

  • Built in 1979

Lot Details

  • 2.03 Acre Lot
  • West Facing Home
  • Gated Home
  • Property is zoned LAC11*

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 5 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Skyline
  • Canyon
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Flat Roof Shape
  • Raised Foundation
  • Slab Foundation
  • Rolled or Hot Mop Roof

Interior Spaces

  • 1,628 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entryway
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Home Office
  • Loft
  • Bonus Room
  • Art Studio
  • Workshop

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Brick
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • Sunken Shower or Bathtub
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Cooling System Mounted In Outer Wall Opening
  • Vented Exhaust Fan
  • Heating System Mounted To A Wall or Window
  • Propane Water Heater
  • Septic Tank
  • Phone System
  • Cable TV Available

Additional Features

  • Detached Guest House
  • Horses Allowed On Property

Community Details

  • Security Service

Listing and Financial Details

  • Assessor Parcel Number 4453-025-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,683

Year Built

Built in 1979

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 1628
  • Lot Acreage: 2.0289
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Fixer, Repair Cosmetic
  • Stories: 1
  • Year Built: 1979
  • Number Of Photos: 48
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Dining, Wood Burning, Great Room, Family Room
  • Flooring: Cement, Brick
  • Appliances: Cooktop - Gas
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Sunken Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Counter Top, Open to Family Room
  • Laundry: Laundry Closet Stacked, Inside
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Barbeque, Ceiling Fan, Dryer, Dishwasher, Gas Dryer Hookup, Hood Fan, Microwave, Network Wire, Phone System, Propane Dryer Hookup, Range/Oven, Refrigerator, Stackable W/D Hookup, Vented Exhaust Fan, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1532.56

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Other Structures: GuestHouse, Other, Accessory Bldgs
  • Tennis Court Y/N: No
  • Foundation Details: Raised, Slab
  • Guest House: Detached
  • Patio: Patio Open, Rock/Stone
  • Pool: No
  • Roof: Flat, Rolled/Hot Mop
  • Spa Yn: No
  • View: Coastline, Canyon, Ocean, Green Belt, White Water, Skyline
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 5
  • Covered Parking: 4
  • Parking Garage: Driveway, Built-In Storage, Garage - 2 Car, Attached, Private Garage, Covered Parking
  • Total Parking: 11

Utilities

  • TV Svcs: Cable TV
  • Volt 220: Workshop
  • Water Heater: Propane
  • Cooling: Ceiling Fan, Central, Wall Unit(s), Gas
  • Heating: Wall, Wall Gas, Central
  • Security: Gated, Community
  • Sewer: Septic Tank
  • Water: In Street

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 200.00
  • HOA: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: Yes
  • Assessor Parcel Number: 4453-025-013
  • Lot Size Area: 88381

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 3

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,683 $308,865 $91,465 $217,400
2024 $4,683 $314,946 $99,634 $215,312
2023 $4,479 $308,772 $97,681 $211,091
2022 $4,438 $302,718 $95,766 $206,952
2021 $4,307 $296,784 $93,889 $202,895
2019 $4,209 $287,983 $91,105 $196,878
2018 $3,867 $282,337 $89,319 $193,018
2016 $3,701 $271,375 $85,851 $185,524
2015 $3,650 $267,300 $84,562 $182,738
2014 $3,655 $262,065 $82,906 $179,159
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Price Changed $2,495,000 -13.8% $1,533 / Sq Ft
06/16/2025 06/16/25 For Sale $2,895,000 -- $1,778 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Western Resources Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $218,000 New Conventional
Closed $110,000 New Conventional
Source: Public Records

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Source: The MLS

MLS Number: 24-400833

The MLS

APN: 4453-025-013