NOT LISTED FOR SALE

23530 Malibu Colony Rd Malibu, CA 90265

Malibu Area

Estimated Value: $10,267,491

4 Beds
4.5 Baths
3,695 Sq Ft
$2,779/Sq Ft Est. Value

Sale Details

Date Sold: July 9, 2018

Last sale price $12,650,000 $3,424 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $70,712 / mo

Highlights

  • Beach Front
  • White Water Ocean Views
  • 24-Hour Security
  • Webster Elementary School Rated A
  • Property has ocean access
  • Oceanside

About This Home

As of August 2019

Behind gates in Malibu Colony, this private beachfront home blends gracious design, beautiful details, and tremendous views. A walled courtyard entry features a raised patio for al fresco dining. The home invites comfortable entertaining, with an easy open-plan layout, high ceilings, glossy blond flooring, and wide windows and doors to decks, balconies, and ocean vistas. The chef's kitchen has clerestory windows, a lovely breakfast/lunch area, high-end appliances, and an eat-in wood-topped island. The spacious family/media room, dining area, and living room face the ocean and open to a brick patio as well as a wood platform deck just above the surf. There are two en-suite bedrooms on the main level and a spiral staircase winds up to the stunning master suite with sitting area, office area, and oceanfront deck, dual bathrooms, double walk-in closets, and non-stop views. Another en-suite bedroom faces serene Malibu mountain vistas. A peaceful sanctuary in a terrific Malibu location.

Last Agent to Rent the Property

Chris Cortazzo

Compass License #01190363 Listed on: 11/07/2018

Compass

Last Renter's Agent

Chris Cortazzo

Compass License #01190363 Listed on: 11/07/2018

Compass
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Home Details

Home Type

  • Single Family

Year Built

  • 1928

Lot Details

  • 6,986 Sq Ft Lot
  • Beach Front
  • Property fronts a private road
  • Fenced
  • Property is zoned LCR16000*

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Bungalow
  • Patio Home
  • Turnkey
  • Wood Product Walls

Interior Spaces

  • 3,695 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Dual Staircase
  • Wired For Data
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Skylights in Kitchen
  • Recessed Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • French Doors
  • Entryway
  • Family Room with Fireplace
  • Living Room with Attached Deck
  • Dining Area
  • Storage
  • Utility Room
  • Wood Flooring
  • Security System Owned

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Range with Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Two Primary Bathrooms
  • Powder Room
  • Maid or Guest Quarters
  • Bathtub with Shower
  • Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Uncovered Parking

Outdoor Features

  • Property has ocean access
  • Oceanside
  • Balcony
  • Wood Patio
  • Front Porch

Location

  • Property is near public transit
  • City Lot

Utilities

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

Community Details

  • 24-Hour Security

Listing and Financial Details

  • Security Deposit $100,000
  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Assessor Parcel Number 4458-004-040

Home Details

Home Type

Single Family

Year Built

1928

Lot Details

6,986 Sq Ft Lot

Rental Info

  • Furnished: Furnished
  • Security Deposit: 100000
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: California Bungalow
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Living Area: 3695
  • Stories: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Interior Amenities: 2 Staircases, Beamed Ceiling(s), Built-Ins, Detached/No Common Walls, Drywall Walls, High Ceilings (9 Feet+), Living Room Deck Attached, Open Floor Plan, Pre-wired for high speed Data, Recessed Lighting, Storage Space, Turnkey, Wood Product Walls
  • Fireplace Rooms: Family Room, Gas
  • Flooring: Wood
  • Appliances: Built-Ins, Continuous Clean Oven, Double Oven, Oven, Oven-Electric, Oven-Gas, Range, Range Hood
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Bedroom Features: Dressing Area, Master Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Linen Closet, Powder Room, Shower and Tub, Shower Over Tub, Shower Stall, Tile
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, Family Room, In Kitchen, Kitchen Island, Living Room
  • Kitchen Features: Gourmet Kitchen, Island, Pantry, Skylight(s), Tile Counters
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Network Wire, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 13.53
  • Windows: Custom Window Covering, Skylights

Exterior Features

  • Other Features: Balcony, French Doors, High Ceilings (9 Feet+)
  • Tennis Court Y/N: No
  • Patio: Balcony, Brick, Living Room Deck Attached, Patio Open, Porch - Front, Wood
  • Pool: No
  • Spa Yn: No
  • View: Catalina, City Lights, Coastline, Mountains, Ocean, Panoramic, White Water
  • View: Yes
  • Waterfront: Beach Rights, Ocean

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Built-In Storage, Door Opener, Garage - 2 Car, On street, Parking for Guests, Private, Uncovered
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Gated Community with Guard, Owned, Prewired for alarm system
  • Sewer: Septic Tank
  • Water: District

Association/Amenities

  • Amenities: Gated Community Guard
  • Pet Rules: Call

Lot Info

  • Special Zoning: Coastal Commission, Flood
  • Horses: No
  • Assessor Parcel Number: 4458-004-040
  • Geocode Override: No
  • Lot Description: Fenced, Gated with Guard, Street Lighting, Street Paved
  • Lot Location: Beach Access, Beach Front, City, Near Public Transit, Ocean Access, Ocean Front, Ocean Side Of Highway 1, Patio Home, Private Road
  • Lot Size Area: 6986

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

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

Closed on
Jun 14, 2022
Sold by
Bought by
Current Estimated Value
$10,267,491

Purchase Details

Closed on
Sep 26, 2018
Sold by
Bought by

Purchase Details

Listed on
Mar 29, 2018
Closed on
Jun 20, 2018
Sold by
Bought by
Seller's Agent
Drew Gitlin
Coldwell Banker Realty
Buyer's Agent
Chris Cortazzo
Compass
List Price
$13,950,000
Sold Price
$12,650,000
Premium/Discount to List
-$1,300,000
-9.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.55%

Purchase Details

Closed on
Nov 17, 2017
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 2011
Sold by
Bought by
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
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
-- None Available
-- Stewart Title Guaranty Compa
$12,650,000 Stewart Title Company
-- None Available
-- None Available
-- None Available
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 Prior Sale
08/19/2019 08/19/19 Rented $55,000 +10.0% --
11/07/2018 11/07/18 For Rent $50,000 0.0% --
07/09/2018 07/09/18 Sold $12,650,000 -6.3% $3,424 / Sq Ft View Prior Sale
05/31/2018 05/31/18 Price Changed $13,495,000 -3.3% $3,652 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $13,950,000 -- $3,775 / 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
2025 $171,994 $14,111,311 $12,270,708 $1,840,603
2024 $159,426 $13,834,619 $12,030,106 $1,804,513
2023 $156,474 $13,563,353 $11,794,222 $1,769,131
2022 $154,674 $13,297,406 $11,562,963 $1,734,443
2021 $151,128 $13,036,674 $11,336,239 $1,700,435
2020 $150,284 $12,903,000 $11,220,000 $1,683,000
2019 $148,211 $12,650,000 $11,000,000 $1,650,000
2018 $150,528 $13,260,000 $12,240,000 $1,020,000
2017 $56,540 $4,850,876 $3,233,923 $1,616,953
2016 $54,739 $4,755,762 $3,170,513 $1,585,249
2015 $54,007 $4,684,327 $3,122,889 $1,561,438
2014 $53,179 $4,592,568 $3,061,716 $1,530,852
Source: Public Records

Agents Affiliated with this Home

  • Chris Cortazzo Real Estate Agent - Compass

    Landlord's Agent in 2019

    Chris Cortazzo

    Compass

    (310) 489-7091

    194 Total Sales

    Chris Cortazzo
    Section Image
  • Drew Gitlin Real Estate Agent - Coldwell Banker Realty

    Seller's Agent in 2018

    Drew Gitlin

    Coldwell Banker Realty

    (310) 415-1968

    42 Total Sales

    Drew Gitlin
    Section Image
  • Sandro Dazzan Real Estate Agent - The Agency

    Seller Co-Listing Agent in 2018

    Sandro Dazzan

    The Agency

    (310) 435-7556

    82 Total Sales

    Sandro Dazzan
    Section Image
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Map

Source: The MLS

MLS Number: 18-405214

The MLS

APN: 4458-004-040

California Los Angeles County Malibu 90265

23530 Malibu Colony Rd, Malibu, CA

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