NOT LISTED FOR SALE

23111 Mariposa de Oro St Malibu, CA 90265

Serra Retreat Neighborhood

Estimated Value: $7,504,000 - $12,704,420

5 Beds
7 Baths
7,480 Sq Ft
$1,429/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $11,690,000 $1,563 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $68,579/month

137 Days on Market

Highlights

  • Detached Guest House
  • 24-Hour Security
  • Cabana
  • Webster Elementary School Rated A
  • Home Theater
  • Sauna

About This Home

As of May 2021

A complete masterful renovation of an iconic Mediterranean estate in Serra Retreat, Villa Mariposa sits in an Eden of manicured tropical landscaping. Rich with Moorish accents & exquisite materials/finishes, the residence invites lavish entertaining & sublime sanctuary. Stunning architectural details & fine imported materials include high ceilings with massive beams, arched windows/doorways, numerous skylights, & French doors opening onto courtyards, patios, the verdant grounds, & pool/spa. At the heart of the home is a huge family-style kitchen that adjoins an impressive dining room featuring an antique brick vaulted ceiling. There is a shelf-lined library/office, state-of-the-art theater room, & a guest wing with a professional gym, infrared sauna, & steam room. A staff apartment is above one of two double-car garages. This glamorous, destination-style gated estate also features whole-home water filtration, guest parking for up to 23 cars, & new A/C. Offered furnished or unfurnished.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 12/11/2020

Compass

Co-Listed By

Laura Kalb

Compass License #00872948

Last Buyer's Agent

Santiago Arana

The Agency License #01492489

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $119,837

Lot Details

  • 1.24 Acre Lot
  • Property fronts a private road
  • Fenced Yard
  • Wrought Iron Fence
  • Landscaped
  • Corner Lot
  • Sprinklers on Timer
  • Lawn
  • Back Yard
  • Property is zoned LCRA20000*

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • 23 Open Parking Spaces
  • Circular Driveway
  • Brick Driveway
  • Automatic Gate
  • Guest Parking

Property Views

  • Woods
  • Mountain
  • Pool

Home Design

  • Mediterranean Architecture
  • Turnkey

Interior Spaces

  • 7,480 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Dry Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • French Doors
  • Sliding Doors
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 5 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Utility Room
  • Laundry Room
  • Sauna
  • Home Gym

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Range with Range Hood
  • Warming Drawer
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Maid or Guest Quarters
  • Double Vanity
  • Bathtub with Shower
  • Linen Closet In Bathroom

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Cabana
  • Heated In Ground Pool
  • Pool Tile
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Open Patio
  • Fire Pit
  • Built-In Barbecue

Additional Homes

  • Detached Guest House

Location

  • Property is near public transit
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Water Purifier
  • Septic Tank
  • Cable TV Available

Community Details

  • Service Entrance
  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 4452-015-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$119,837

Lot Details

0

HOA Fees

$350 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Entry Location: Foyer
  • Living Area: 7480
  • Lot Acreage: 1.2400
  • Stories: 2
  • Number Of Photos: 52
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Built-Ins, Cathedral-Vaulted Ceilings, Detached/No Common Walls, Dry Bar, High Ceilings (9 Feet+), Recessed Lighting, Turnkey
  • Fireplace Rooms: Dining, Family Room, Fire Pit, Gas and Wood, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Stone Tile, Tile
  • Appliances: Built-In BBQ, Built-Ins, Convection Oven, Double Oven, Oven, Range, Range Hood, Warmer Oven Drawer, Gas
  • Bedrooms: 5
  • Fireplaces: 5
  • Full Bathroom: 4
  • Half Bathroom: 3
  • Bedroom Features: WalkInCloset, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Linen Closet, Powder Room, Shower Over Tub, Shower Stall, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Family Room, Formal Dining Rm, In Kitchen, Kitchen Island, Living Room
  • Kitchen Features: Island, Marble Counters, Pantry
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Bar Ice Maker, Cable, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Range/Oven, Refrigerator, Water Filter, Water Purifier
  • Fireplace: Yes
  • Price Per S Q F T: 1870.99
  • Windows: French Windows, Skylights

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Balcony, Barbecue Private, French Doors, Sauna Private, Sliding Glass Doors, Sprinkler System
  • Other Structures: GuestHouse, Cabana
  • Tennis Court Y/N: No
  • Fence: Wrought Iron
  • Guest House: Detached
  • Patio: Balcony, Patio Open, Rock/Stone, Tile
  • Pool Description: Heated, In Ground, Tile, Private
  • Pool: Yes
  • Spa: Heated, In Ground, Private
  • Spa Yn: Yes
  • View: Mountains, Pool, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 23
  • Parking Garage: Circular Driveway, Covered Parking, Driveway - Brick, Garage - 4+ Car, Attached, Gated, Parking for Guests, Private, Uncovered
  • Total Parking: 27

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Gated Community with Guard, Owned, Smoke Detector
  • Sewer: Septic Tank
  • Water: District

Association/Amenities

  • Amenities: Gated Community Guard

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 4200.00
  • HOA: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 4452-015-014
  • Lot Description: Automatic Gate, Back Yard, Fenced Yard, Gated with Guard, Gated Community, Landscaped, Lawn, Street Paved, Yard
  • Lot Location: City, Corner Lot, Near Public Transit, Park Nearby, Patio Home, Private Road
  • Lot Size Area: 53820

Rental Info

  • Furnished: Furnished Or Unfurnished

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2024
Sold by
Villa Mariposa Llc
Bought by
Smith Shane
Current Estimated Value
$10,689,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$742,037
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$9,008,904

Purchase Details

Listed on
Dec 11, 2020
Closed on
May 5, 2021
Sold by
Malzoni Susan Heeren and Malzoni Victor
Bought by
Villa Mariposa Llc
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Santiago Arana
The Agency
List Price
$14,995,000
Sold Price
$11,690,000
Premium/Discount to List
-$3,305,000
-22.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.14%

Purchase Details

Listed on
Dec 5, 2017
Closed on
Jun 11, 2018
Sold by
Mariposa De Oro Llc
Bought by
Malzoni Susan Heeren and Malzoni Victor
Seller's Agent
Wailani O'Herlihy
Sotheby's International Realty
Buyer's Agent
Lisa-Maree Carter
Compass
List Price
$9,599,000
Sold Price
$8,450,000
Premium/Discount to List
-$1,149,000
-11.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.38%

Purchase Details

Closed on
Mar 31, 2017
Sold by
Hughes B Wayne and Hughes Wendy M
Bought by
Mariposa De Oro Llc

Purchase Details

Closed on
Feb 8, 1995
Sold by
Covington Hilburn and The Hilburn Covington 1985 Liv
Bought by
Hughes B Wayne and Hughes Wendy M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Smith Shane -- None Listed On Document
Villa Mariposa Llc $11,690,000 Lawyers Title
Malzoni Susan Heeren $8,450,000 Fidelity National Title Comp
Mariposa De Oro Llc -- None Available
Hughes B Wayne $2,610,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Shane $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $11,690,000 -16.5% $1,563 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
02/26/2021 02/26/21 Price Changed $13,995,000 -6.7% $1,871 / Sq Ft
01/25/2021 01/25/21 For Sale $14,995,000 +28.3% $2,005 / Sq Ft
01/25/2021 01/25/21 Off Market $11,690,000 -- --
12/11/2020 12/11/20 For Sale $14,995,000 +77.5% $2,005 / Sq Ft
08/01/2018 08/01/18 Sold $8,450,000 -4.3% $1,056 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
04/20/2018 04/20/18 Price Changed $8,830,000 -1.8% $1,104 / Sq Ft
03/05/2018 03/05/18 Price Changed $8,995,000 -1.2% $1,124 / Sq Ft
01/11/2018 01/11/18 Price Changed $9,100,000 -1.6% $1,138 / Sq Ft
12/20/2017 12/20/17 Price Changed $9,250,000 -3.6% $1,156 / Sq Ft
12/05/2017 12/05/17 For Sale $9,599,000 -- $1,200 / 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
2025 $119,837 $10,555,876 $8,391,012 $2,164,864
2024 $119,837 $10,348,899 $8,226,483 $2,122,416
2023 $117,650 $10,145,980 $8,065,180 $2,080,800
2022 $116,266 $9,947,040 $7,907,040 $2,040,000
2021 $68,273 $5,818,581 $4,072,801 $1,745,780
2020 $67,887 $5,758,920 $4,031,040 $1,727,880
2019 $66,953 $5,646,000 $3,952,000 $1,694,000
2018 $87,324 $7,650,000 $5,712,000 $1,938,000
2016 $39,622 $3,419,614 $2,000,690 $1,418,924
2015 $39,093 $3,368,249 $1,970,638 $1,397,611
2014 $38,515 $3,302,270 $1,932,036 $1,370,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-669956

The MLS

APN: 4452-015-014