NOT LISTED FOR SALE

23649 Malibu Colony Rd Malibu, CA 90265

Malibu Colony Neighborhood

Estimated Value: $8,514,000 - $18,487,690

4 Beds
4 Baths
3,653 Sq Ft
$3,294/Sq Ft Est. Value

Last Sold December 07, 2022

Last sale price $11,100,000 $3,039 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $76,910/month

117 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Heated In Ground Pool
  • Webster Elementary School Rated A
  • Gated with Attendant
  • Fireplace in Primary Bedroom

About This Home

As of December 2022

Seclusion, peace, and tranquility define this Malibu Colony retreat. Located within the most sought after, exclusive guard-gated community in Malibu, this spacious contemporary home with coveted private beach key access allows for easy coastal living. On the main level, soaring high ceilings and French doors welcome in plenty of natural light throughout the open living and dining areas. From here, glass pocket doors open to an expansive backyard complete with an outdoor kitchen, pool and spa, sauna, and ice bath. Upstairs, the second level mezzanine wraps around to two additional bedrooms as well as the primary wing. The primary suite includes everything from a private deck and fireplace to an en-suite bathroom outfitted with a custom oversized shower, tub, and sauna. On the third level, an impressive ocean view roof deck, an idyllic setting for outdoor entertaining right on the coast.

Last Agent to Sell the Property

Justin Feil

Berkshire Hathaway HomeServices California Properties License #01843291 Listed on: 08/02/2022

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Chris Feil

Berkshire Hathaway HomeServices California Properties License #01739001

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $130,751

Year Built

  • Built in 1980

Lot Details

  • 7,610 Sq Ft Lot
  • Property is zoned LCR16000*

HOA Fees

  • $441 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • City Lights
  • Peek-A-Boo
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,653 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • High Ceiling
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Dining Area
  • Concrete Flooring
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Beach Access
  • Balcony
  • Enclosed Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating
  • Septic Tank
  • Cable TV Available

Community Details

  • Gated with Attendant

Listing and Financial Details

  • Assessor Parcel Number 4458-003-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$130,751

Year Built

Built in 1980

Lot Details

0

HOA Fees

$441 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 3653
  • Lot Acreage: 0.1747
  • Stories: 3
  • Year Built: 1980
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Master Bedroom, Patio
  • Flooring: Cement
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 3831.10

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Balcony
  • Other Structures: None
  • Pool Description: Heated And Filtered, In Ground
  • Pool: Yes
  • Spa: In Ground, Heated
  • Spa Yn: Yes
  • View: City, City Lights, Mountains, Ocean, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated Community with Guard
  • Sewer: Septic Tank

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

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

Lot Info

  • Special Zoning: Coastal Commission, Flood
  • Assessor Parcel Number: 4458-003-029
  • Lot Description: Gated Community, Gated with Guard
  • Lot Location: Beach Access
  • Lot Size Area: 7610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Nov 18, 2022
Sold by
Laurel Loft Trust
Bought by
Wasko Hartley
Seller's Agent
Justin Feil
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$13,995,000
Sold Price
$11,100,000
Premium/Discount to List
-$2,895,000
-20.69%
Views
311
Current Estimated Value
$12,034,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$934,563
Avg. Annual Appreciation
3.04%
Original Mortgage
$11,000,000
Outstanding Balance
$10,688,420
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$1,346,143

Purchase Details

Closed on
Jan 7, 2021
Sold by
Bellejackblue Llc
Bought by
Feldstein Richard and The Laurel Loft Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,300,000
Interest Rate
2.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2017
Sold by
Kelly Michael A
Bought by
Bellejackblue Llc

Purchase Details

Closed on
May 2, 2016
Sold by
Kelly Michael A
Bought by
Michael & Bonnie Kelly Revocable Trust

Purchase Details

Closed on
Sep 10, 2014
Sold by
Wyly Samuel E
Bought by
Kelly Michael A and Kelly Bonnie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,717,500
Interest Rate
2.96%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 12, 2011
Sold by
Brown Stephen M
Bought by
Wyly Samuel E and Wyly Christiana Parker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,665,600
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2003
Sold by
Price William Francis and Price Katherine Huggins
Bought by
Ashwell Rachel and Ashwell 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
$950,000
Interest Rate
5.12%

Purchase Details

Closed on
Jul 26, 2002
Sold by
Wood Dawn
Bought by
Brown Stephen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
5.12%
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
Wasko Hartley $11,100,000 Equity Title
Feldstein Richard $9,000,000 Equity Title Company
Bellejackblue Llc $7,250,000 California Title Company
Michael & Bonnie Kelly Revocable Trust -- None Available
Kelly Michael A -- California Title Company
Wyly Samuel E $5,184,051 Chicago Title Co
Ashwell Rachel $1,950,000 Fidelity
Brown Stephen M $2,100,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wasko Hartley $11,000,000
Previous Owner Feldstein Richard $6,300,000
Previous Owner Kelly Michael A $4,717,500
Previous Owner Wyly Samuel E $4,586,491
Previous Owner Wyly Samuel E $4,665,600
Previous Owner Brown Stephen M $3,200,000
Previous Owner Brown Stephen M $250,000
Previous Owner Brown Stephen M $2,250,000
Previous Owner Ashwell Rachel $950,000
Previous Owner Brown Stephen M $1,470,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $11,100,000 -20.7% $3,039 / Sq Ft
11/27/2022 11/27/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $13,995,000 -- $3,831 / 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 $130,751 $11,548,440 $8,536,482 $3,011,958
2024 $130,751 $11,322,000 $8,369,100 $2,952,900
2023 $92,002 $7,928,933 $6,561,876 $1,367,057
2022 $90,956 $7,773,464 $6,433,212 $1,340,252
2021 $88,842 $7,621,044 $6,307,071 $1,313,973
2020 $88,344 $7,542,900 $6,242,400 $1,300,500
2019 $87,126 $7,395,000 $6,120,000 $1,275,000
2018 $67,077 $5,862,275 $4,806,009 $1,056,266
2016 $64,681 $5,634,637 $4,619,387 $1,015,250
2015 $63,815 $5,550,000 $4,550,000 $1,000,000
2014 $62,564 $5,417,918 $4,703,055 $714,863
Source: Public Records

Agents Affiliated with this Home

  • Justin Feil

    Seller's Agent in 2022

    Justin Feil

    Berkshire Hathaway HomeServices California Properties

    (310) 963-8219

    3 in this area

    115 Total Sales

    Justin Feil
    Section Image
  • Chris Feil

    Seller Co-Listing Agent in 2022

    Chris Feil

    Berkshire Hathaway HomeServices California Properties

    (310) 422-0102

    2 in this area

    102 Total Sales

    Chris Feil
    Section Image

  • S

    Buyer's Agent in 2022

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 22-185647

The MLS

APN: 4458-003-029

California Los Angeles County Malibu 90265 Malibu Colony

23649 Malibu Colony Rd, Malibu, CA

This home is located at 23649 Malibu Colony Rd, Malibu, CA 90265 since 02 August 2022 and is currently estimated at $12,034,563, approximately $3,294 per square foot. This property was built in 1980. 23649 Malibu Colony Rd is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

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The MLS © 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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