$5,775,000
SOLD SEP 11, 2024
4 Beds
4 Baths
2,833 Sq Ft
0.36 Acres

Recently Sold

$2,038 Per Sq Ft

7% Below List Price

73 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Above Ground Spa
  • Webster Elementary School Rated A
  • Tennis Courts
  • Gourmet Kitchen

About This Home

As of September 2024

Welcome to your new sanctuary. This completely reimagined home is an exceptional blend of sophistication and comfort. The light filled spaces combined with breathtaking ocean views from every room beckon you to relax and enjoy coastal living at its finest. Two magnificent primary suites offer private retreats one perched on the top floor with 180 degree ocean views and an ocean view tub, and the other a ground floor zen retreat with tropical vibes leading directly out to the ocean view spa and firepit. The gourmet kitchen, artfully designed for maximum functionality, invites culinary exploration with its top-of-the-line appliances and seamless flow into the living spaces. Custom fireplaces provide a warm and intimate energy and expansive decks create an unparalleled indoor-outdoor living experience. This is more than a home; it's a promise of a lifestylean invitation to immerse yourself in the essence of Malibu's coastal allure. Come experience the emotional pull of this exquisite retreat firsthand. Schedule your private tour today and discover the serenity and grandeur that await you in this stunning Malibu oasis. Includes deeded rights to the La Costa Beach and Tennis Club.

Last Agent to Sell the Property

Gina Longo

Coldwell Banker Realty License #01817985 Listed on: 05/22/2024

Coldwell Banker Realty

Co-Listed By

Stacey Harper

Pinnacle Estate Properties License #02117330

Last Buyer's Agent

Diana Braun

Compass License #01362342

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,333

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 0.36 Acre Lot
  • Fenced
  • Landscaped
  • Sprinklers on Timer
  • Lawn
  • Property is zoned LCR110

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Catalina
  • Hills

Home Design

  • Turnkey
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,833 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Track Lighting
  • Drapes & Rods
  • Blinds
  • Sliding Doors
  • Family Room on Second Floor
  • Living Room with Fireplace
  • 2 Fireplaces
  • Living Room with Attached Deck
  • Dining Area
  • Home Office
  • Bonus Room
  • Alarm System

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • <<convectionOvenToken>>
  • Range<<rangeHoodToken>>
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • Powder Room
  • 4 Full Bathrooms
  • Double Vanity
  • Bidet
  • <<tubWithShowerToken>>
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Above Ground Spa
  • Beach Access
  • Tennis Courts
  • Living Room Balcony
  • Covered patio or porch
  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Zoned Heating and Cooling
  • Water Purifier
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4451-023-051

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,333

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Welcome to this tranquil, unparalleled, architectural ocean view masterpiece. Impeccably renovated with opulent upgrades, this contemporary sanctuary offers an effortless fusion of indoor and outdoor living. Enjoy ocean views from nearly every room in the house. There are two spacious primary suites and endless outdoor areas for relaxation. The main level showcases a chef's kitchen with panoramic ocean views, top of the line appliances, built-in wine fridge, and ample counter space. The dining area transitions to a luminous living room featuring a concrete fireplace leading out to a brand new Trex deck. On this level you will also find an inviting den that could be a theater or an additional bedroom with its adjoining full bath. There is an ocean view office space and guest bedroom on the second level. Lush landscaping surrounds. Includes deeded rights to the La Costa Beach + Tennis Club
  • Exclusions: 2 Moroccan hanging lights in both downstair bedroom, 2 Moroccan lights hanging in the upstairs primary bedroom. 2 Moroccan lights in the stair landings and 1 in the upper primary bathroom.
  • Living Area: 2833
  • Lot Acreage: 0.3622
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1960
  • Number Of Photos: 59
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Cathedral-Vaulted Ceilings, Detached/No Common Walls, Open Floor Plan, Living Room Deck Attached, Hot Tub, High Ceilings (9 Feet+), Pre-wired for surround sound, Recessed Lighting, Turnkey, Beamed Ceiling(s), Living Room Balcony, Track Lighting, Storage Space
  • Fireplace Rooms: Living Room, Master Retreat
  • Flooring: Wood, Tile, Stained Concrete
  • Appliances: Built-In BBQ, Convection Oven, Gas, Range
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: 2 Master Bedrooms, Ground Floor Master, Master Retreat, WalkInCloset, Master Suite, Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Bidet, Double Vanity(s), Remodeled, Tile, Shower and Tub, Powder Room, Linen Closet, Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: In Kitchen, Kitchen Island, Dining Area
  • Kitchen Features: Gourmet Kitchen, Island, Open to Family Room, Remodeled
  • Laundry: Garage, Laundry Area
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Dryer, Gas Dryer Hookup, Water Line to Refrigerator, Water Purifier, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 2082.60
  • Windows: Drapes/Curtains, Window Blinds

Exterior Features

  • Construction: Wood Siding
  • Other Features: Balcony, Custom Built, High Ceilings (9 Feet+), Rain Gutters, Sliding Glass Doors, Barbecue Private, Sprinkler System
  • Other Structures: None
  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Patio: Balcony, Concrete Slab, Deck(s), Living Room Balcony, Rock/Stone
  • Pool: No
  • Roof: Metal
  • Spa: Above Ground
  • Spa Yn: Yes
  • View: Ocean, Catalina, Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Private Garage, Garage - 2 Car, Direct Entrance, Door Opener, Driveway - Concrete, Garage Is Attached
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central
  • Security: Prewired for alarm system
  • Sewer: Septic Tank
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 4451-023-051
  • Lot Description: Landscaped, Lawn, Fenced
  • Lot Location: Beach Access
  • Lot Size Area: 15795

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Aug 20, 2024
Sold by
Vasquez Roberto Luis and Barron Lisa Ann
Bought by
Roberto L Vasquez & Lisa A Barron Revocable T and Vasquez
Seller's Agent
Gina Longo
Coldwell Banker Realty
Buyer's Agent
Diana Braun
Compass
List Price
$6,200,000
Sold Price
$5,775,000
Premium/Discount to List
-$425,000
-6.85%
Views
436
Current Estimated Value
$5,699,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,618
Avg. Annual Appreciation
-1.56%
Original Mortgage
$3,465,000
Outstanding Balance
$3,437,432
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$2,261,950

Purchase Details

Listed on
May 22, 2024
Closed on
Aug 7, 2024
Sold by
Timothy J Braheem Living Trust and Braheem Timothy J
Bought by
Vasquez Roberto Luis and Barron Lisa Ann
Seller's Agent
Gina Longo
Coldwell Banker Realty
Buyer's Agent
Diana Braun
Compass
List Price
$6,200,000
Sold Price
$5,775,000
Premium/Discount to List
-$425,000
-6.85%
Views
436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,465,000
Outstanding Balance
$3,437,432
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$2,261,950

Purchase Details

Closed on
Oct 27, 2021
Sold by
Braheem Timothy J
Bought by
Braheem Timothy J and Timothy J Braheem Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2015
Sold by
Bloorn William Dennis and William Dennis Bloom Gs Trust
Bought by
Braheem Timothy J and Timothy J Braheem Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 8, 2007
Sold by
Surprenant Dominic and Kell Jennifer L
Bought by
Bloom William Dennis and William Dennis Bloom Gs Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,695,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2004
Sold by
Villa La Costa Llc
Bought by
Surprenant Dominic and Kell Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2004
Sold by
Pierson Michael S and Smith Roberta Jean
Bought by
Villa La Costa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 1994
Sold by
Pierson Polly S
Bought by
Pierson Polly S
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 Type Sale Price Title Company
Quit Claim Deed -- Priority Title
Grant Deed $5,775,000 Priority Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Premium Title Of Ca Inc
Grant Deed $2,870,000 Fidelity National Title Co
Grant Deed $2,695,000 First American Title Co
Grant Deed $1,700,000 --
Grant Deed -- First American Title
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $485,400 Small Business Administration
Open $3,465,000 New Conventional
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $1,000,000 New Conventional
Previous Owner $765,600 New Conventional
Previous Owner $625,500 Adjustable Rate Mortgage/ARM
Previous Owner $2,695,000 Purchase Money Mortgage
Previous Owner $1,000,000 Purchase Money Mortgage
Closed $360,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2024 09/11/24 Sold $5,775,000 -2.1% $2,038 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
07/21/2024 07/21/24 Price Changed $5,900,000 -4.8% $2,083 / Sq Ft
05/22/2024 05/22/24 For Sale $6,200,000 -- $2,188 / 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
2024 $39,333 $3,330,876 $1,799,486 $1,531,390
2023 $38,585 $3,265,565 $1,764,202 $1,501,363
2022 $38,088 $3,201,535 $1,729,610 $1,471,925
2021 $37,191 $3,138,761 $1,695,697 $1,443,064
2019 $36,456 $3,045,665 $1,645,402 $1,400,263
2018 $34,615 $2,985,947 $1,613,140 $1,372,807
2016 $28,341 $2,426,000 $1,604,000 $822,000
2015 $28,376 $2,426,000 $1,604,000 $822,000
2014 $28,499 $2,426,000 $1,604,000 $822,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-394905

The MLS

APN: 4451-023-051