NOT LISTED FOR SALE

Estimated Value: $5,644,000

4 Beds
4.5 Baths
3,847 Sq Ft
$1,467/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2024

Last sale price $16,550,000 $4,302 Per Sq Ft

Current estimated payment $35,567 / mo

306 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Heated Spa
  • Webster Elementary School Rated A
  • Detached Guest House
  • Oceanside

About This Home

As of May 2024

Nestled along the stunning Malibu coastline, this oceanfront estate is located in one of the most highly sought after beachfront communities in Malibu. Featuring a detached guest house complete with its own kitchenette, a lower-level office space, and a gorgeous deck overlooking the courtyard with unobstructed views. The primary en-suite bedroom features a private balcony, a soaking tub, and a large marble shower. The large sundeck has a heated spa and waterfall with direct access to Malibu's iconic beaches.

Last Agent to Sell the Property

Megan Husri

Keller Williams Studio City License #02089901 Listed on: 05/03/2023

Keller Williams Studio City

Co-Listed By

Phil Seymour

Keller Williams Studio City License #00630158

Last Buyer's Agent

Cooper Mount

Carolwood Estates License #01956287

Carolwood Estates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 10,563 Sq Ft Lot
  • Lot Dimensions are 31x402
  • Beach Front
  • South Facing Home
  • Gated Home
  • Privacy Fence
  • Wood Fence
  • Rectangular Lot
  • Property is zoned LCR16000*

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,847 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Skylights in Kitchen
  • Recessed Lighting
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Area
  • Home Office
  • Bonus Room
  • Atrium Room
  • Storage
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Kitchen Island
  • Marble Countertops

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Granite Bathroom Countertops
  • Double Vanity
  • Bidet
  • Bathtub
  • Double Shower
  • Shower Only
  • Steam Shower

Home Security

  • Prewired Security
  • Security Lights

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Oceanside
  • Living Room Balcony
  • Wood Patio
  • Rear Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window

Additional Features

  • Solar Power System
  • Detached Guest House

Community Details

  • No Home Owners Association
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 4458-006-025

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

10,563 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Entry Location: Other
  • Living Area: 3847
  • Lot Acreage: 0.2425
  • Lot Dimensions: 31x402
  • Stories: 2
  • Year Built: 1974
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Built-Ins, Living Room Balcony, Recessed Lighting, Storage Space, Sunken Living Room, High Ceilings (9 Feet+)
  • Fireplace Rooms: Living Room
  • Flooring: Marble, Hardwood, Mixed, Tile
  • Appliances: Cooktop - Gas, Oven
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Bedroom Features: 2 Master Bedrooms, Master Suite, WalkInCloset, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Granite, Tile, Steam Shower, Double Shower, Tub Only, Bidet, Double Vanity(s), Powder Room, Shower Stall
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, In Kitchen, Living Room, Kitchen Island
  • Kitchen Features: Skylight(s), Gourmet Kitchen, Marble Counters, Open to Family Room, Pantry, Island
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Equipment: Ceiling Fan, Built-Ins, Range/Oven, Refrigerator, Solar Panels
  • Fireplace: Yes
  • Price Per S Q F T: 5172.86
  • Windows: Skylights, Window Blinds, Drapes/Curtains, Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Other Structures: GuestHouse, Accessory Dwelling Unit
  • Fence: Wood, Privacy
  • Guest House: Detached
  • Patio: Patio Open, Deck(s), Balcony, Wood, Living Room Deck Attached, Porch - Rear
  • Pool: No
  • Spa: In Ground, Private, Heated
  • Spa Yn: Yes
  • View: Coastline, Ocean, Hills
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Parking Garage: Driveway, Garage Is Detached, Garage - 2 Car
  • Total Parking: 6

Utilities

  • Cooling: Central, Wall/Window, Ceiling Fan
  • Heating: Forced Air
  • Security: Card/Code Access, Exterior Security Lights, Gated, Prewired for alarm system

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4458-006-025
  • Lot Description: Lot Shape-Rectangular, Walk Street, Street Paved, Exterior Security Lights, Fenced
  • Lot Location: Ocean Front, Beach Front, Beach Access, Ocean Side Of Highway 1, Water Front
  • Lot Size Area: 10563

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2024
Sold by
Harmonia Malibu Llc
Bought by
23768 Mr Llc
Current Estimated Value
$5,644,000

Purchase Details

Listed on
Feb 5, 2019
Closed on
Feb 27, 2019
Sold by
Elizabeth S Luster Trust
Bought by
Harmonia Malibu Llc
Seller's Agent
Santiago Arana
The Agency
Buyer's Agent
Jordan Wright
Compass
List Price
$19,500,000
Sold Price
$19,100,000
Premium/Discount to List
-$400,000
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.13%
Original Mortgage
$15,000,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 14, 1995
Sold by
Guglielmo Joseph and Ba Properties Inc
Bought by
Ba Properties Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
23768 Mr Llc $16,550,000 Fidelity National Title
Harmonia Malibu Llc $19,100,000 Priority Title Company
Ba Properties Inc $1,638,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harmonia Malibu Llc $15,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $16,550,000 -16.8% $4,302 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
10/08/2023 10/08/23 For Sale $19,900,000 +20.2% $5,173 / Sq Ft
09/08/2023 09/08/23 Off Market $16,550,000 -- --
08/15/2023 08/15/23 Price Changed $19,900,000 -13.5% $5,173 / Sq Ft
08/15/2023 08/15/23 For Sale $23,000,000 0.0% $5,979 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $23,000,000 +39.0% $5,979 / Sq Ft
05/03/2023 05/03/23 Off Market $16,550,000 -- --
04/26/2019 04/26/19 Sold $19,100,000 -2.1% $4,965 / Sq Ft View Prior Sale
02/25/2019 02/25/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $19,500,000 -- $5,069 / Sq Ft
Source: The MLS

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 $239,461 $16,575,000 $12,750,000 $3,825,000
2024 $239,461 $20,833,955 $17,498,337 $3,335,618
2023 $235,073 $20,425,447 $17,155,233 $3,270,214
2022 $232,372 $20,024,949 $16,818,856 $3,206,093
2021 $227,064 $19,632,304 $16,489,075 $3,143,229
2019 $45,859 $3,857,148 $2,680,649 $1,176,499
2018 $43,572 $3,781,519 $2,628,088 $1,153,431
2016 $41,994 $3,634,680 $2,526,037 $1,108,643
2015 $41,432 $3,580,085 $2,488,094 $1,091,991
2014 $40,804 $3,509,957 $2,439,356 $1,070,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-266689

The MLS

APN: 4458-006-025

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