NOT LISTED FOR SALE

21535 Deerpath Ln Malibu, CA 90265

Malibu Area

Estimated Value: $1,531,000 - $1,640,000

1.18 Acres
$1,344,328 Price per Acre
51,375 Sq Ft Lot

Sale Details

Date Sold: April 22, 2026

Last sale price $1,600,000 $367 Per Sq Ft

Current estimated payment $8,910 / mo

About This Lot

As of April 2026

An exceptional opportunity to build your ocean-view Malibu dream home in a premier coastal setting. This expansive 1.17-acre property features a rare flat building pad and showcases sweeping views of the Pacific Ocean, Catalina Island, and the iconic Queen's Necklace.The lot previously housed a magnificent 4,357 sq ft two-story residence designed by architect Doug Rucker, providing valuable precedent for future development. With the ability to rebuild the prior footprint plus up to an additional 10%, the property offers flexibility to create a custom coastal retreat thoughtfully tailored to your vision. U.S. Army Corps of Engineers Phase 1 and Phase 2 clearances have been completed, further streamlining the development process.Perfectly positioned just minutes from Nobu Malibu, Soho House's ultra-private Little Beach House, and the upscale boutiques and restaurants of Malibu Country Mart, this address delivers effortless access to Malibu's most coveted lifestyle destinations. Enjoy proximity to private sands while remaining moments from the area's most iconic hotspots.Whether you envision a timeless legacy estate or a bespoke modern masterpiece, this prestigious setting combines privacy, convenience, and breathtaking coastal beauty an extraordinary opportunity to create a true legacy property in one of Malibu's most sought-after enclaves.

Last Agent to Sell the Property

Stephen Udoff

Coldwell Banker Realty License #01870835 Listed on: 04/15/2026

Coldwell Banker Realty

Co-Listed By

Kathryn Bentzen

Coldwell Banker Realty License #01091411

Last Buyer's Agent

Sandro Dazzan

The Agency License #01418033

The Agency

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 1.18 Acre Lot
  • Lot Dimensions are 153x358
  • Property is zoned LCR11*

Property Views

  • Ocean
  • Catalina
  • City
  • Trees
  • Canyon

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4451-016-016

Property Details

Property Type

Land

Lot Details

1.18 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Advertising Remarks: Rare chance to build your Malibu dream home on an expansive 1.17-acre lot with a flat building pad and sweeping views of the Pacific, Catalina Island, and the iconic Queen's Necklace. Previously home to a 4,357 sq ft two-story residence designed by architect Doug Rucker, offering valuable development precedent. Take advantage of Malibu's fast-tracked fire rebuild program with streamlined permitting and expedited approvals. Just minutes from Nobu, Little Beach House (Soho House), Malibu Country Mart, and nearby private sands. An extraordinary opportunity to create a legacy estate in one of Malibu's most coveted coastal enclaves.
  • Lot Acreage: 1.1794
  • Lot Dimensions: 153x358
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean, Canyon, Catalina, City, Tree Top
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4451-016-016
  • Lot Size Area: 51376

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2026
Closed on
Apr 29, 2026
Sold by
Palisades Cumbre Llc
Bought by
Seller's Agent
Stephen Udoff
Coldwell Banker Realty
Buyer's Agent
Sandro Dazzan
The Agency
List Price
$1,795,000
Sold Price
$1,600,000
Premium/Discount to List
-$195,000
-10.86%
Views
9
Current Estimated Value
$1,596,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,198
Avg. Annual Appreciation
-2.50%
Original Mortgage
$4,282,500
Outstanding Balance
$4,114,486
Interest Rate
6.23%
Mortgage Type
Construction
Estimated Equity
-$2,528,986

Purchase Details

Listed on
Apr 15, 2026
Closed on
Mar 30, 2026
Sold by
Rafeedie Fredrick and Rafeedie Elizabeth N
Bought by
Palisades Cumbre Llc
Seller's Agent
Stephen Udoff
Coldwell Banker Realty
Buyer's Agent
Sandro Dazzan
The Agency
List Price
$1,795,000
Sold Price
$1,600,000
Premium/Discount to List
-$195,000
-10.86%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,282,500
Outstanding Balance
$4,114,486
Interest Rate
6.23%
Mortgage Type
Construction
Estimated Equity
-$2,528,986

Purchase Details

Closed on
Apr 13, 2016
Sold by
Rafeedie Fred A
Bought by
Rafeedie Fredrick A and Rafeedie Family Trust

Purchase Details

Closed on
Jul 13, 2015
Sold by
Rafeedie Fred A
Bought by
Rafeedie Fred A and Rafeedie Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,500
Interest Rate
3.85%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 22, 2009
Sold by
Rafeedie Ruth and Ruth Rafeedie Survivors Trust
Bought by
Rafeedie Ruth and Edward Rafeedie Decedents Trust

Purchase Details

Closed on
Apr 25, 2008
Sold by
Rafeedie Ruth and Rafeedie Family Trust
Bought by
Rafeedie Ruth and Ruth Rafeedie Survivors Trust

Purchase Details

Closed on
Sep 5, 2001
Sold by
Rafeedie Edward and Rafeedie Ruth
Bought by
Rafeedie Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 13, 1995
Sold by
Rafeedie Edward and Rafeedie Ruth A
Bought by
Rafeedie Edward
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
$1,800,000 Lawyers Title Company
Palisades Cumbre Llc $1,600,000 Lawyers Title Company
Rafeedie Fredrick A -- None Available
Rafeedie Fred A -- None Available
Rafeedie Fred A -- None Available
Rafeedie Ruth -- None Available
Rafeedie Ruth -- None Available
Rafeedie Edward -- First American Title Ins Co
Rafeedie Edward -- First American Title Ins Co
Rafeedie Edward -- First American Title Ins Co
Rafeedie Edward -- --
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 $4,282,500
Previous Owner Rafeedie Fred A $623,500
Previous Owner Rafeedie Edward $100,000
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
04/22/2026 04/22/26 Sold $1,600,000 -10.9% $367 / Sq Ft
03/08/2026 03/08/26 Pending -- -- --
02/27/2026 02/27/26 For Sale $1,795,000 -- $412 / Sq Ft
Source: The MLS

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 $1,704 $48,742 $48,741 $1
2025 $1,704 $47,787 $47,786 $1
2024 $5,264 $341,251 $72,075 $269,176
2023 $5,129 $334,561 $70,662 $263,899
2022 $5,007 $328,002 $69,277 $258,725
2021 $4,863 $321,571 $67,919 $253,652
2019 $4,764 $312,035 $65,905 $246,130
2018 $4,455 $305,917 $64,613 $241,304
2016 $4,240 $294,040 $62,105 $231,935
2015 $4,186 $289,625 $61,173 $228,452
2014 -- $283,952 $59,975 $223,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 26657625

The MLS

APN: 4451-016-016

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