$28,750,000

Estimated payment $171,225/month

Total Views 6,932
5 Beds
5 Baths
4,773 Sq Ft
$6,023 Price per Sq Ft

Highlights

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

About This Home

Bold design and modern features coalesce in this newly remodeled three-story beach house. Located in the guard-gated community of Malibu Colony, this 5 bedroom/5 bath home w/custom stone floors, fabric walls, and hand-selected designer elements. Perfect for grand or casual living, the home offers a custom aquarium entry that flows into a sleek, but inviting formal living room and dining area with raised fireplace and floor-to-ceiling wall of glass that opens to a logia covered entertainer's deck with a BBQ island, multiple seating areas and raised wood sun/viewing deck with direct beach access. Black granite, ocean view gourmet kitchen with custom stainless steel finishes and high-end appliances. Intimate family/media room with granite bar area. Gorgeous, ocean view owner's suite with sitting area, high ceilings, and double spa-like baths, plus a third-floor equipped gym that overlooks the suite. Four additional en-suite bedrooms, two-car garage with guest parking. Also for lease $75,000/month.

Listing Agent

Chris Cortazzo

Compass License #01190363 Listed on: 07/10/2025

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $167,007

Year Built

  • Built in 1973

Lot Details

  • 6,600 Sq Ft Lot
  • Beach Front
  • Home fronts a seawall
  • Property fronts a private road
  • Fenced Yard
  • Wood Fence
  • Landscaped
  • Rectangular Lot
  • Sprinklers on Timer
  • Property is zoned LCR16000*

HOA Fees

  • $657 Monthly HOA Fees

Property Views

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

Home Design

  • Turnkey
  • Stucco

Interior Spaces

  • 4,773 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Wired For Sound
  • Built-In Features
  • Bar
  • Chair Railings
  • Beamed Ceilings
  • High Ceiling
  • Gas Fireplace
  • Awning
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Living Room with Attached Deck
  • Dining Area
  • Home Theater

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone
  • Granite
  • Ceramic Tile
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • 5 Full Bathrooms
  • Granite Bathroom Countertops
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Steam Shower
  • Low Flow Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Outdoor Features

  • Property has ocean access
  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue
  • Rain Gutters

Location

  • Property is near public transit
  • City Lot

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Water Purifier
  • Septic Tank
  • Phone System
  • Cable TV Available

Community Details

  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 4458-004-055

Home Details

Home Type

Single Family

Est. Annual Taxes

$167,007

Year Built

Built in 1973

Lot Details

0

HOA Fees

$657 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Living Area: 4773
  • Stories: 2
  • Year Built: 1973
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Beamed Ceiling(s), Bidet, Built-Ins, Chair Railings, Detached/No Common Walls, Drywall Walls, High Ceilings (9 Feet+), Intercom, Living Room Deck Attached, Phone System, Pre-wired for surround sound, Turnkey, Wet Bar
  • Fireplace Rooms: Gas, Gas Starter, Living Room
  • Flooring: Carpet, Ceramic Tile, Granite, Stone, Travertine
  • Appliances: Built-In And Free Standing, Built-In BBQ, Built-In Gas, Cooktop - Gas, Double Oven, Gas Grill, Microwave, Oven-Gas, Range, Range Hood
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Bedroom Features: 2 Primary Bedrooms, All Bedrooms Up, Dressing Area, Primary Bedroom, Primary Suite, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Primary Baths, Bidet, Granite, Linen Closet, Low Flow Shower(s), Powder Room, Shower and Tub, Shower Over Tub, Shower Stall, Steam Shower, Tub With Jets
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Family Room, In Kitchen, Living Room
  • Kitchen Features: Granite Counters, Open to Family Room
  • Laundry: Inside, Room
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Intercom, Microwave, Network Wire, Phone System, Range/Oven, Refrigerator, Washer, Water Purifier
  • Fireplace: Yes
  • Price Per S Q F T: 6023.47

Exterior Features

  • Construction: Concrete, Detached/No Common Walls, Glass, Hard Coat, Stone, Stucco
  • Other Features: Balcony, Barbecue Private, Custom Built, High Ceilings (9 Feet+), Rain Gutters
  • Other Structures: None
  • Tennis Court Y/N: No
  • Fence: Wood
  • Patio: Awning, Balcony, Covered Porch, Living Room Deck Attached, Slab, Wood
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Coastline, Mountains, Ocean, Panoramic, White Water
  • View: Yes
  • Waterfront: Beach Rights, Ocean

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Door Opener, Driveway - Concrete, Garage - 2 Car, Parking for Guests, Private
  • Total Parking: 4

Utilities

  • TV Svcs: Cable TV
  • Volt 220: 220V Throughout
  • Water Heater: Instant Hot Water
  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central, Forced Air, Natural Gas
  • Security: 24 Hour, Gated Community with Guard, Owned
  • Sewer: Septic Tank
  • Water: District

Association/Amenities

  • Amenities: Gated Community Guard

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 657.25
  • HOA: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission, Flood
  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 4458-004-055
  • Lot Description: Fenced Yard, Gated with Guard, Landscaped, Lot Shape-Rectangular, Seawall, Single Lot, Storm Drains, Street Asphalt, Street Lighting, Street Paved, Walk Street
  • Lot Location: Beach Access, Beach Front, City, Near Public Transit, Ocean Access, Ocean Front, Private Road
  • Lot Size Area: 6600

Rental Info

  • Furnished: Furnished
  • Lease Option: 1

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Map

Range of Values:

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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 $167,007 $14,791,778 $13,653,951 $1,137,827
2024 $167,007 $14,501,744 $13,386,227 $1,115,517
2023 $163,918 $14,217,397 $13,123,752 $1,093,645
2022 $162,037 $13,938,625 $12,866,424 $1,072,201
2021 $158,322 $13,665,320 $12,614,142 $1,051,178
2020 $157,438 $13,525,200 $12,484,800 $1,040,400
2019 $155,266 $13,260,000 $11,730,000 $1,530,000
2018 $147,571 $13,000,000 $11,500,000 $1,500,000
2017 $62,997 $5,416,474 $4,899,997 $516,477
2016 $61,000 $5,310,269 $4,803,919 $506,350
2015 $60,153 $5,230,505 $4,731,760 $498,745
2014 $59,257 $5,128,048 $4,639,072 $488,976
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $28,750,000 0.0% $6,023 / Sq Ft
04/17/2025 04/17/25 For Rent $75,000 -16.7% --
02/16/2021 02/16/21 Rented $90,000 +38.5% --
02/02/2021 02/02/21 Price Changed $65,000 +8.3% $14 / Sq Ft
08/22/2020 08/22/20 For Rent $60,000 -36.8% --
08/19/2019 08/19/19 Rented $95,000 +72.7% --
07/17/2019 07/17/19 Price Changed $55,000 -15.4% $12 / Sq Ft
04/01/2019 04/01/19 For Rent $65,000 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Orange Coast Title Company
Grant Deed $13,000,000 Usa National Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Diversified Title Company
Grant Deed $4,790,000 United Title
Quit Claim Deed -- --
Gift Deed -- --
Gift Deed -- --
Interfamily Deed Transfer -- United Title Company
Gift Deed -- --
Gift Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000,000 New Conventional
Closed $10,000,000 New Conventional
Closed $10,000,000 New Conventional
Closed $10,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $6,500,000 New Conventional
Previous Owner $952,600 Unknown
Previous Owner $989,000 Purchase Money Mortgage
Previous Owner $1,000,000 Unknown
Previous Owner $2,400,000 No Value Available
Previous Owner $3,250,000 Unknown
Previous Owner $3,000,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25561575

The MLS

APN: 4458-004-055