23450 Malibu Colony Rd Malibu, CA 90265
Malibu Colony Neighborhood
4
Beds
6
Baths
4,959
Sq Ft
7,076
Sq Ft Lot
Highlights
- White Water Ocean Views
- 24-Hour Security
- Living Room with Fireplace
- Webster Elementary School Rated A
- Home Theater
- Traditional Architecture
About This Home
As of October 2024On the market for the first time in over 20 years, this beachfront hideaway boasts beautiful natural light, an open concept, ocean views and a rich Hollywood history. Make your way through the 24-hour guarded gate of Malibu Colony to find a charming tri-level home with warm hardwood and interiors by famed White House designer Michael Smith. Ready for cooking and entertaining, the kitchen features an island, Wolf range and two sinks. The adjacent living room abounds with architectural details, including built-in arched bookshelves. A wall of French doors opens to a sunny deck for easy indoor/outdoor living. Enjoy a built-in barbecue and direct beach access. Upstairs, discover two primary suites overlooking the Pacific and additional bedrooms with mountain views. The two-car garage and driveway provide ample parking. Right in the heart of Malibu, youre only moments from highly desirable shopping and dining, including Nobu and SoHo House.
Last Agent to Sell the Property
Carolwood Estates License #01956287 Listed on: 08/27/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $203,046
Year Built
- Built in 1992
Lot Details
- 7,076 Sq Ft Lot
- Lot Dimensions are 30x236
- Property is zoned LCR16000*
HOA Fees
- $441 Monthly HOA Fees
Parking
- 3 Open Parking Spaces
- 2 Car Garage
- Brick Driveway
- Assigned Parking
Property Views
- White Water Ocean
- Coastline
- Mountain
Home Design
- Traditional Architecture
Interior Spaces
- 4,959 Sq Ft Home
- 1-Story Property
- Built-In Features
- Living Room with Fireplace
- Home Theater
- Wood Flooring
Kitchen
- Oven or Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 6 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Additional Features
- Outdoor Grill
- Central Heating and Cooling System
Community Details
- 24-Hour Security
Listing and Financial Details
- Assessor Parcel Number 4452-009-020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2024
Closed on
Sep 20, 2024
Sold by
Cig Property Holdings Llc
Bought by
Schreiner Karst Family Trust and Schreiner
Seller's Agent
Christine Martin
The Agency
Buyer's Agent
Alex Duk
Harcourts Property Management
List Price
$24,500,000
Sold Price
$22,500,000
Premium/Discount to List
-$2,000,000
-8.16%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,569,965
Avg. Annual Appreciation
-45.50%
Purchase Details
Listed on
Aug 27, 2021
Closed on
Nov 4, 2021
Sold by
Shapiro George and The George Shapiro Trust
Bought by
Cig Property Holdings Llc
Seller's Agent
Cooper Mount
Carolwood Estates
Buyer's Agent
Christine Martin
The Agency
List Price
$19,995,000
Sold Price
$16,950,000
Premium/Discount to List
-$3,045,000
-15.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Purchase Details
Closed on
Jun 20, 2002
Sold by
Shapiro George L
Bought by
Shapiro George and The George Shapiro Trust
Purchase Details
Closed on
Mar 27, 1998
Sold by
Weldon Lee G and Weldon Judith W
Bought by
Shapiro George 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
6.87%
Purchase Details
Closed on
Jul 6, 1995
Sold by
Lukas Fredric and Lukas Joyce E
Bought by
Weldon Lee G
Similar Homes in Malibu, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $22,500,000 | California Best Title | |
| Grant Deed | $16,950,000 | Equity Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | Equity Title | |
| Grant Deed | $4,000,000 | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,000,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/08/2024 10/08/24 | Sold | $22,500,000 | 0.0% | $4,537 / Sq Ft |
| 10/01/2024 10/01/24 | Off Market | $22,500,000 | -- | -- |
| 05/01/2024 05/01/24 | For Sale | $24,500,000 | +44.5% | $4,941 / Sq Ft |
| 12/02/2021 12/02/21 | Sold | $16,950,000 | -2.9% | $3,418 / Sq Ft |
| 11/02/2021 11/02/21 | Price Changed | $17,450,000 | -12.7% | $3,519 / Sq Ft |
| 08/27/2021 08/27/21 | For Sale | $19,995,000 | -- | $4,032 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $203,046 | $17,644,143 | $13,525,200 | $4,118,943 |
| 2023 | $199,312 | $17,298,180 | $13,260,000 | $4,038,180 |
| 2022 | $197,034 | $16,959,000 | $13,000,000 | $3,959,000 |
| 2021 | $85,947 | $7,368,508 | $6,483,412 | $885,096 |
| 2019 | $84,286 | $7,149,956 | $6,291,111 | $858,845 |
| 2018 | $80,102 | $7,009,761 | $6,167,756 | $842,005 |
| 2016 | $77,233 | $6,737,565 | $5,928,255 | $809,310 |
| 2015 | $76,199 | $6,636,362 | $5,839,208 | $797,154 |
| 2014 | $75,020 | $6,506,365 | $5,724,826 | $781,539 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Martin
Seller's Agent in 2024
Christine Martin
The Agency
(424) 230-3700
2 in this area
13 Total Sales
-
Samira Gores
S
Seller Co-Listing Agent in 2024
Samira Gores
The Agency
(310) 405-9244
1 in this area
4 Total Sales
-
A
Buyer's Agent in 2024
Alex Duk
Harcourts Property Management
-
Deanna D'Egidio
Buyer Co-Listing Agent in 2024
Deanna D'Egidio
Harcourts Plus
(424) 245-9700
1 in this area
113 Total Sales
-
Cooper Mount
Seller's Agent in 2021
Cooper Mount
Carolwood Estates
(310) 351-9002
1 in this area
52 Total Sales
-
Tiffany Martin
T
Buyer Co-Listing Agent in 2021
Tiffany Martin
The Agency
(310) 696-9612
1 in this area
7 Total Sales
Map
Source: The MLS
MLS Number: 21-777206
APN: 4452-009-020
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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