NOT LISTED FOR SALE

Estimated Value: $2,877,000 - $2,988,371

4 Beds
4 Baths
3,254 Sq Ft
$904/Sq Ft Est. Value

Sale Details

Date Sold: January 8, 2024

Last sale price $2,500,000 $768 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $18,335 / mo

267 Days on Market

Highlights

  • Ocean View
  • Heated Spa
  • Primary Bedroom Suite
  • Webster Elementary School Rated A
  • Gourmet Kitchen
  • Hilltop Location

About This Home

As of January 2024

Your private haven awaits at this recently remodeled gated estate on nearly one acre in the heart of Malibu. Located at the end of a cul-de-sac where nature surrounds you, this home boasts floor to ceiling windows throughout that capture breathtaking canyon and ocean views. The floor-plan seamlessly blends indoor and outdoor spaces for effortless entertaining with multiple verandas, a grassy yard and a hot tub niched into the hillside landscape. The inviting cook's kitchen is a chef's dream - featuring a Wolf Range, Subzero Refrigerator, and a 146-bottle, two-zone wine cooler. The adjacent family room is designed for relaxation, equipped with a large TV and Sonos speakers that extend to both the living room and a spacious deck. The upstairs features four spacious bedrooms - including an expansive primary bedroom with tons of natural light, beautiful views, and a huge closet. This light-filled residence boasts high ceilings and a warm atmosphere. Enjoy the ultimate privacy of your own sanctuary while being just minutes from the beautiful beaches of Malibu and 20 minutes from the heart of Santa Monica. This home is the perfect blend of tranquility and accessibility. Also available for lease.

Last Agent to Sell the Property

Paul Grisanti

Pinnacle Estate Properties License #00621552 Listed on: 04/06/2023

Pinnacle Estate Properties

Co-Listed By

Sara Grisanti

Pinnacle Estate Properties License #00955628

Last Buyer's Agent

Sami Housman

Nourmand & Associates-BH License #02216206

Nourmand & Associates-BH

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 43,475 Sq Ft Lot
  • Lot Dimensions are 254x204x96x244
  • Property fronts a private road
  • Cul-De-Sac
  • Rural Setting
  • South Facing Home
  • Gated Home
  • Chain Link Fence
  • Landscaped
  • Secluded Lot
  • Corners Of The Lot Have Been Marked
  • Irregular Lot
  • Sprinkler System
  • Hilltop Location
  • Wooded Lot
  • Property is zoned LCA11*

Parking

  • 2 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Side by Side Parking
  • Automatic Gate
  • Controlled Entrance

Property Views

  • Ocean
  • Woods
  • Trees
  • Canyon
  • Mountain

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Barrel Roof Shape
  • Clay Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,254 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Coffered Ceiling
  • Cathedral Ceiling
  • Double Pane Windows
  • Blinds
  • French Doors
  • Formal Entry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Workshop
  • Wood Flooring
  • Partial Basement
  • Fire Sprinkler System

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas and Electric Range
  • Range Hood
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Converted Bedroom
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Bathtub with Shower
  • Double Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Pool

  • Heated Spa
  • Fiberglass Spa

Outdoor Features

  • Living Room Balcony
  • Wood Patio
  • Outdoor Grill

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Underground Utilities
  • Overhead Utilities
  • Property is located within a water district
  • Tankless Water Heater
  • Gas Water Heater
  • Central Water Heater
  • Gravity Septic Field
  • Aerobic Septic System
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 4453-019-052

Home Details

Home Type

Single Family

Year Built

Built in 1986 | Remodeled

Lot Details

1.0 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Multi/Split, Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Reduced! Malibu's best buy. Also available for lease. Beautiful ocean view 4 bed + 3.5 bath on just under 1 acre. This peaceful gated retreat is situated at the end of a quiet cul-de-sac surrounded by nature, birdsong, and vistas. Complete perimeter fencing for your pets with native plants and multiple fruit trees. This home truly embraces the California lifestyle with a Scandinavian flair is ideal for entertaining with an effortless flow of indoor / outdoor living. The cheerful Cook's Kitchen boasts a Wolf Range, Subzero Refrigerator, 146 bottle 2-zone wine cooler. The adjacent Family room includes a large TV and Sonos speakers that extend to the Living Room and a spacious outdoor deck; perfect for BBQ or alfresco dining. You will enjoy the solitude and maximum privacy on the grand deck while taking in the spectacular canyon and Ocean Views.
  • Entry Floor: 1
  • Entry Location: Foyer
  • Exclusions: All of the Art is excluded. Spa
  • Living Area: 3254
  • Lot Acreage: 0.9981
  • Lot Dimensions: 254x204x96x244
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1986
  • Builders Tract Name: Live Oak Meadows
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Cathedral-Vaulted Ceilings, Coffered Ceiling(s), Basement - Partial
  • Fireplace Rooms: Living Room, Gas and Wood, Master Retreat
  • Flooring: Hardwood
  • Appliances: Built-In And Free Standing, Built-In Electric, Gas/Electric Range, Range Hood, Range, Double Oven, Free Standing Gas
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 2
  • Bedroom Features: All Bedrooms Up, Master Retreat, Master Suite, WalkInCloset, Master Bedroom, Converted Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tile, Shower and Tub, Powder Room, Double Shower, Double Vanity(s), Linen Closet
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Family Kitchen, Kitchen Island
  • Kitchen Features: Quartz Counters, Stone Counters, Island, Gourmet Kitchen
  • Laundry: In Closet, On Upper Level
  • Total Bathrooms: 4.00
  • Equipment: Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer, Water Line to Refrigerator
  • Fireplace: Yes
  • Inclusions: Includes Family Room TV and two Sonus Amplifiers and installed Speakers
  • Price Per S Q F T: 860.48
  • Windows: French Windows, Window Blinds, Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Construction: Hard Coat
  • Other Features: Balcony, Barbecue Private, Custom Built, French Doors, High Ceilings (9 Feet+)
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Concrete Perimeter
  • Fence: Chain Link
  • Patio: Living Room Deck Attached, Deck(s), Wood, Living Room Balcony
  • Pool: No
  • Roof: Barrel, Clay
  • Spa: Fiberglass, Heated with Electricity
  • Spa Yn: Yes
  • View: Canyon, Ocean, Mountains, Tree Top, Trees/Woods, Water
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 6
  • Parking Garage: Attached, Direct Entrance, Controlled Entrance, Covered Parking, Auto Driveway Gate, Garage Is Attached, Private Garage, Garage - 2 Car, Side By Side
  • Total Parking: 8

Utilities

  • TV Svcs: Tv Satellite Dish
  • Water District: Las Virgenes
  • Water Heater: Gas, Tankless, Central Water Heater
  • Cooling: Air Conditioning
  • Heating: Forced Air, Fireplace
  • Security: Automatic Gate, Fire and Smoke Detection System, Gated
  • Sewer: Aerobic Septic, Gravity Septic Field, Septic Tank
  • Water: Meter on Property, District, Water District

Association/Amenities

  • Pet Rules: Submit Pets

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 4453-019-052
  • Lot Description: Automatic Gate, Corners Established, Landscaped, Fenced, Lot Shape-Irregular, Secluded, Street Asphalt, Single Lot, Street Paved, Utilities - Overhead, Utilities Underground, Wooded, Yard
  • Lot Location: Cul-De-Sac, Greenbelt, Hillside, Hilltop, Private Road, Rural, Varied
  • Lot Size Area: 43475

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Jan 3, 2024
Sold by
Schultz Theodore Charles and Schultz Maria Koeck
Bought by
Kien Joshua and Kien Jessica
Seller's Agent
Paul Grisanti
Pinnacle Estate Properties
Buyer's Agent
Sami Housman
Nourmand & Associates-BH
List Price
$3,450,000
Sold Price
$2,500,000
Premium/Discount to List
-$950,000
-27.54%
Views
3018
Current Estimated Value
$2,941,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,124
Avg. Annual Appreciation
7.22%

Purchase Details

Listed on
Jun 19, 2018
Closed on
Sep 19, 2018
Sold by
Mccord Doriane and Skylight Ninety Nine 99 Living
Bought by
Schultz Theodore Charles and Schultz Maria Koeck
Seller's Agent
Dana Bird
Compass
Buyer's Agent
Paul Grisanti
Pinnacle Estate Properties
List Price
$1,950,000
Sold Price
$1,858,000
Premium/Discount to List
-$92,000
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$1,393,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 1, 2005
Sold by
Mccord Doriane
Bought by
Mccord Doriane and The Skylight Ninety Nine Living Trust

Purchase Details

Closed on
Jun 2, 2003
Sold by
Wuth Leopoldo O and Wuth Christine A
Bought by
Mccord Doriane
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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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

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
Kien Joshua $2,500,000 Priority Title Company
Schultz Theodore Charles $1,858,000 Lawyers Title Company
Mccord Doriane -- --
Mccord Doriane $1,200,000 Fidelity National Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner Schultz Theodore Charles $1,393,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2026 01/06/26 For Sale $2,988,000 +19.5% $918 / Sq Ft
01/08/2024 01/08/24 Sold $2,500,000 -10.7% $768 / Sq Ft
12/29/2023 12/29/23 Pending -- -- --
10/24/2023 10/24/23 Price Changed $2,800,000 -6.5% $860 / Sq Ft
08/10/2023 08/10/23 Price Changed $2,995,000 -7.8% $920 / Sq Ft
05/09/2023 05/09/23 Price Changed $3,250,000 -5.8% $999 / Sq Ft
04/06/2023 04/06/23 For Sale $3,450,000 +85.7% $1,060 / Sq Ft
10/29/2018 10/29/18 Sold $1,858,000 -4.7% $571 / Sq Ft View Prior Sale
09/14/2018 09/14/18 Pending -- -- --
05/28/2018 05/28/18 For Sale $1,950,000 -- $599 / 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 $31,802 $2,550,000 $2,039,184 $510,816
2024 $24,494 $2,050,583 $1,488,998 $561,585
2023 $23,941 $2,010,376 $1,459,802 $550,574
2022 $23,671 $1,970,958 $1,431,179 $539,779
2021 $23,087 $1,932,313 $1,403,117 $529,196
2020 $22,885 $1,912,500 $1,388,730 $523,770
2019 $22,627 $1,875,000 $1,361,500 $513,500
2018 $17,648 $1,499,471 $1,218,325 $281,146
2016 $16,978 $1,441,247 $1,171,017 $270,230
2015 $16,749 $1,419,599 $1,153,428 $266,171
2014 $16,525 $1,391,792 $1,130,834 $260,958
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-256883

The MLS

APN: 4453-019-052

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