$14,500,000
SOLD FEB 21, 2025
4 Beds
4 Baths
3,100 Sq Ft
6,808 Sq Ft Lot

Recently Sold

$4,677 Per Sq Ft

13% Below List Price

235 Days on Market

Highlights

  • Ocean Front
  • Gated with Attendant
  • Living Room with Fireplace
  • Webster Elementary School Rated A
  • Above Ground Spa
  • Engineered Wood Flooring

About This Home

As of February 2025

Experience unparalleled coastal living in this exceptional beachfront residence, nestled within the prestigious guard-gated enclave of Malibu Colony. Enjoy sweeping ocean vistas and private access to the beach just beyond the doorstep. The entry is framed by lush greenery that blends with the hunter green shingled exterior. A private gated entry leads to the main living area, where impressive vaulted ceilings, a curved fireplace, and rounded archways create a seamless flow. The expansive floor-to-ceiling windows allow natural light to fill the space. The cozy den, framed by a Dutch door, welcomes the refreshing coastal breeze and creates an idyllic spot for reading and relaxation. An adjacent secondary living room provides abundant living and entertaining space on the main level. The dining room, accented by a bespoke light fixture, connects to the kitchen adorned with elegant hand-selected tile and matching hardware. Enhanced with a spacious pantry, this kitchen is designed for effortless cooking. Completing the main level are two guest bedrooms and a large two-car garage. Ascending the tiled stairwell reveals an in-home movie theater with soaring vaulted ceilings, a full projector and screen, and surround sound. The additional loft is a peaceful setting to work or enjoy the ocean views from the spacious upper-level deck. In both guest bedrooms, natural sunlight streams through large windows, illuminating the space, alongside a beautifully tiled bathroom. From the primary suite, gorgeous vaulted ceilings provide incredible scale while French doors open to a private deck boasting panoramic views of the Pacific from every angle. Additional features include an integrated office, expansive closet, and an intricately tiled ensuite bathroom. Enjoy everyday life here, with the benefits of community privacy and direct beach access from your patio. The patio amenities include a sauna, outdoor shower, Cedar soaking tub, built-in barbecue and dining area, a stunning beachfront lounge deck, and exclusive private ocean access - truly the pinnacle of living in Malibu Colony. This property epitomizes the coastal beauty of the Pacific, complemented by charm and a stunning architectural interior, and offers total privacy in the heart of Malibu.

Last Agent to Sell the Property

Justin Feil

Berkshire Hathaway HomeServices California Properties License #01843291 Listed on: 06/28/2024

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Chris Cortazzo

Compass License #01190363

Last Buyer's Agent

Irene Dazzan

The Agency License #00597226

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $184,936

Year Built

  • Built in 1931

Lot Details

  • 6,808 Sq Ft Lot
  • Lot Dimensions are 29x241
  • Ocean Front
  • Property is zoned LCR16000*

HOA Fees

  • $441 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Coastline

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 3,100 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Engineered Wood Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Side by Side Parking
  • Brick Driveway

Additional Features

  • Above Ground Spa
  • Central Heating and Cooling System

Community Details

  • Gated with Attendant

Listing and Financial Details

  • Assessor Parcel Number 4458-005-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$184,936

Year Built

Built in 1931

Lot Details

0

HOA Fees

$441 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Farm House
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 3100
  • Lot Acreage: 0.1563
  • Lot Dimensions: 29x241
  • Stories: 3
  • Year Built: 1931
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Engineered Hardwood
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Price Per S Q F T: 4837.10

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa: Hot Tub, Above Ground
  • Spa Yn: Yes
  • View: Water, Ocean, White Water, Coastline
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Parking Garage: Garage - 2 Car, Side By Side, Driveway - Brick
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated Community with Guard

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 441.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4458-005-038
  • Lot Size Area: 6808

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Feb 18, 2025
Sold by
Laurel Loft Trust and Neuman Harley J
Bought by
23622 Colony Llc
Seller's Agent
Justin Feil
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Irene Dazzan
The Agency
List Price
$16,700,000
Sold Price
$14,500,000
Premium/Discount to List
-$2,200,000
-13.17%
Views
2138
Current Estimated Value
$10,760,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,739,320
Avg. Annual Appreciation
-38.93%
Original Mortgage
$10,150,000
Outstanding Balance
$10,090,105
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$911,195

Purchase Details

Closed on
Dec 27, 2017
Sold by
Almond Joan
Bought by
Almond Joan and Joan Almond Revocable Trust

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
3.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 12, 2007
Sold by
Almond Joan
Bought by
Almond Joan and Joan Almond Revocable Trust

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
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 30, 1996
Sold by
Almond Joan E and Almond Joan Elkins
Bought by
Almond Joan
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $14,500,000 Equity Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,150,000 New Conventional
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $417,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $417,000 New Conventional
Previous Owner $600,000 Credit Line Revolving
Previous Owner $600,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $14,500,000 -3.3% $4,677 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
10/29/2024 10/29/24 Price Changed $14,995,000 -3.3% $4,837 / Sq Ft
09/11/2024 09/11/24 Price Changed $15,500,000 -2.8% $5,000 / Sq Ft
08/22/2024 08/22/24 Price Changed $15,950,000 -4.5% $5,145 / Sq Ft
06/28/2024 06/28/24 For Sale $16,700,000 +8.1% $5,387 / Sq Ft
06/10/2022 06/10/22 Sold $15,449,345 -8.6% $4,984 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
11/24/2021 11/24/21 For Sale $16,900,000 -- $5,452 / 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 $184,936 $16,394,601 $14,856,912 $1,537,689
2024 $184,936 $16,073,139 $14,565,600 $1,507,539
2023 $181,524 $15,757,980 $14,280,000 $1,477,980
2022 $7,320 $545,453 $378,885 $166,568
2021 $6,718 $534,758 $371,456 $163,302
2019 $6,594 $518,899 $360,440 $158,459
2018 $6,243 $508,725 $353,373 $155,352
2016 $6,383 $488,972 $339,652 $149,320
2015 $5,892 $481,629 $334,551 $147,078
2014 $5,849 $472,195 $327,998 $144,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-409229

The MLS

APN: 4458-005-038