$4,590,000

Estimated payment $28,095/month

Total Views 5,319
2 Beds
2 Baths
1,700 Sq Ft
$2,700 Price per Sq Ft

Highlights

  • Ocean View
  • RV Access or Parking
  • 9.3 Acre Lot
  • Horses Allowed On Property
  • Gated Parking
  • 4-minute walk to Lois Ewen Overlook

About This Home

Exceptional Santa Monica Mountains Opportunity. THIS IS A FIRE REBUILD, INCLUDED IN THIS OFFERING IS A LARGE GUEST HOUSE to live in while you rebuild the fabulous estate on 9.29 acres. A Dual Parcel Estate with panoramic views perched high on coveted E. Saddle Peak, this rare offering presents a truly unique opportunity to own TWO STUNNING PARCELS TOTALING NEARLY 90 ACRES in the heart of the Santa Monica Mountains. With fabulous panoramic views stretching from rolling canyons to the Pacific Ocean, this is a dream setting for building your legacy estate. The primary parcel includes fire rebuild rights and is already improved with a well-appointed guest house of approximately 3,000 sq ft under roof. This includes a spacious, approx. 1,700 sq bottom story room garage with high ceilings ideal for a car collection, expansive workshop or other uses. Live comfortably here while you design and construct your dream home. Infrastructure is already in place for an approx. 7,000 sq ft main residence, including an existing foundation and septic system, plus original plans, helping to streamline your rebuild process. Adding unmatched value, this offering also includes a separate 79.34-acre unimproved parcel featuring its own expansive ocean view from the potential building sites. This second parcel gives you the flexibility to protect your views, create a private retreat or build another large single-family home. A rare chance to control and customize your surroundings in one of Southern California's most desirable locations. Whether you're seeking a peaceful escape, an investment with incredible potential or a canvas for your architectural vision, this dual parcel property offers endless possibilities. With natural beauty, privacy, and pre-existing infrastructure, APN #4438-039-042 at 9.29 acres is at 23000 E Saddle Peak, and APN#4438-033-074 at 79.34 acres is at 23010 E Saddle Peak

Listing Agent

Chris Frost

Sotheby's International Realty License #00499287 Listed on: 08/15/2025

Co-Listing Agent

Shen Schulz

Sotheby's International Realty License #01327630

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,126

Year Built

  • Built in 1996

Lot Details

  • 9.3 Acre Lot
  • Hilltop Location
  • Property is zoned LCA11*

Parking

  • 3 Car Attached Garage
  • Circular Driveway
  • Gated Parking
  • RV Access or Parking

Property Views

  • Ocean
  • Panoramic

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 1,700 Sq Ft Home
  • 3-Story Property
  • Great Room
  • Home Office
  • Workshop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Property is located within a water district
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4438-039-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,126

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 1700
  • Lot Acreage: 9.2976
  • Year Built: 1996
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Mixed
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 2700.00

Exterior Features

  • Construction: Combination
  • Other Structures: None
  • Pool: No
  • Roof: Barrel
  • Spa Yn: No
  • View: Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Garage: Circular Driveway, Attached, RV Access, Gated, Driveway - Concrete, Garage - 3 Car

Utilities

  • Sewer: Septic Tank
  • Water: Water District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Special Study
  • Horses: Yes
  • Assessor Parcel Number: 4438-039-042
  • Lot Location: Hilltop
  • Lot Size Area: 405005

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $47,126 $1,205,198 $1,205,198 --
2024 $47,126 $3,858,934 $2,363,133 $1,495,801
2023 $46,055 $3,783,270 $2,316,798 $1,466,472
2022 $43,885 $3,709,089 $2,271,371 $1,437,718
2021 $43,475 $3,636,363 $2,226,835 $1,409,528
2019 $42,047 $3,528,509 $2,160,787 $1,367,722
2018 $41,519 $3,459,323 $2,118,419 $1,340,904
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 For Sale $4,590,000 -- $2,700 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,100,000 None Available
Quit Claim Deed $3,100,000 None Available
Interfamily Deed Transfer -- First American Title
Quit Claim Deed -- None Available
Grant Deed $3,100,000 California Title Company
Grant Deed $2,200,000 California Title Company
Interfamily Deed Transfer -- --
Grant Deed $1,020,500 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,500,000 Credit Line Revolving
Previous Owner $1,650,000 Negative Amortization
Previous Owner $1,195,000 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25579327

The MLS

APN: 4438-039-042