NOT LISTED FOR SALE

20676 Rockpoint Way Malibu, CA 90265

Big Rock Neighborhood

Estimated Value: $3,940,000 - $4,645,000

3 Beds
2 Baths
1,764 Sq Ft
$2,477/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $4,425,000 $2,509 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $26,884/month

9 Days on Market

Highlights

  • Ocean View
  • Art Studio
  • Living Room with Fireplace
  • Webster Elementary School Rated A
  • Midcentury Modern Architecture
  • Recreation Room

About This Home

As of June 2022

On a cliffside perch situated in the chic Malibu enclave of Big Rock, this 1958 Mid-Century is anything but just modern and sterile. Unobstructed views of the Pacific are a total 180 of the entire L.A. coastline, Catalina and city lights. With almost nothing but native plants and the ocean in sight, this recently reimagined bluff side retreat is flooded with light with views something out of a dream sequence where maybe this backdrop just might be mistaken for a green screen. You are in total control amongst the eucalyptus, yucca and blue agave with over 3 coastal acres of unique old-growth vegetation planted over the many years this property has existed. This is the kind of experience you would find difficult to re-create in the modern world. Living in an exceptional California lifestyle, indoor flows to outdoor effortlessly with 3 bedrooms, bonus recreation room, art studio and outdoor dining room. Situated at the end of a private cul-de-sac, local hike trails, beaches and surf are very close by. Listing to be inclusive of both 20674 and 20676 Rockpoint Way. APN: 4450-017-014 and 4450-017-015. Bonus room and art studio, totaling 392 sq ft, not included in square footage.

Last Agent to Sell the Property

Eric Lavey

Sotheby's International Realty License #01511292 Listed on: 05/18/2022

Sotheby's International Realty

Last Buyer's Agent

Rochelle Maize

Nourmand & Associates-BH License #01365331

Nourmand & Associates-BH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,339

Year Built

  • Built in 1958

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 275x122
  • Property is zoned LCRA40000*

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Woods
  • Bluff

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,764 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Recreation Room
  • Art Studio
  • Alarm System
  • Oven or Range

Flooring

  • Brick
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Open Patio
  • Fire Pit

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4450-017-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,339

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 1764
  • Lot Acreage: 0.5485
  • Lot Dimensions: 275x122
  • Stories: 1
  • Year Built: 1958
  • Number Of Photos: 47
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Fire Pit
  • Flooring: Brick, Carpet
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Range/Oven, Refrigerator, Washer, Dryer, Alarm System
  • Price Per S Q F T: 2434.81

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Coastline, Ocean, Panoramic, Bluff, Water, Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4450-017-014
  • Lot Size Area: 137150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jun 10, 2022
Sold by
1080 Trust
Bought by
Malibu 20676 Holdings Llc
Seller's Agent
Eric Lavey
Sotheby's International Realty
Buyer's Agent
Rochelle Maize
Nourmand & Associates-BH
List Price
$4,295,000
Sold Price
$4,425,000
Premium/Discount to List
$130,000
3.03%
Total Days on Market
9
Current Estimated Value
$4,369,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,468
Avg. Annual Appreciation
-0.43%

Purchase Details

Closed on
Sep 11, 2018
Sold by
Rivett Mark Colin and Rivett Stacy Shay
Bought by
Tessler Craig and 1080 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 7, 2015
Sold by
Sindlinger Stacy
Bought by
Mc & Ss Rivett Family Trust

Purchase Details

Listed on
May 2, 2015
Closed on
May 28, 2015
Sold by
Elliott Janice and Love Martin
Bought by
Sindlinger Stacy
Seller's Agent
Lisa-Maree Carter
Compass
Buyer's Agent
Michael Irvine
Compass
List Price
$1,975,000
Sold Price
$1,850,000
Premium/Discount to List
-$125,000
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
Original Mortgage
$600,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2010
Sold by
Love Doris Holly and Love Charles Eugene
Bought by
Love Doris Holly and Love Charles Eugene
Source: Public Records

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Range of Values:

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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
Malibu 20676 Holdings Llc $4,425,000 First American Title Company O
Tessler Craig $3,250,000 Priority Title Company
Mc & Ss Rivett Family Trust -- None Available
Sindlinger Stacy $1,850,000 First American Title Company
Love Doris Holly -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tessler Craig $2,000,000
Previous Owner Rivett Mark Colin $237,000
Previous Owner Rivett Mark Colin $595,000
Previous Owner Sindlinger Stacy $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $4,425,000 +3.0% $2,509 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $4,295,000 +132.2% $2,435 / Sq Ft
07/15/2015 07/15/15 Sold $1,850,000 -6.3% $1,049 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
05/02/2015 05/02/15 For Sale $1,975,000 0.0% $1,120 / Sq Ft
04/29/2015 04/29/15 Rented $5,700 -8.1% --
04/29/2015 04/29/15 Under Contract -- -- --
02/21/2015 02/21/15 For Rent $6,200 -- --
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
2024 $44,339 $3,683,016 $2,601,000 $1,082,016
2023 $43,478 $3,610,800 $2,550,000 $1,060,800
2022 $33,680 $2,741,472 $1,919,451 $822,021
2021 $32,867 $2,687,718 $1,881,815 $805,903
2019 $32,210 $2,608,000 $1,826,000 $782,000
2018 $23,395 $1,924,740 $1,539,792 $384,948
2016 $26,560 $1,850,000 $1,480,000 $370,000
2015 $3,597 $180,100 $95,454 $84,646
2014 -- $176,573 $93,585 $82,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-157931

The MLS

APN: 4450-017-014