NOT LISTED FOR SALE

23826 Malibu Rd Malibu, CA 90265

Malibu Road Neighborhood

Estimated Value: $4,483,000 - $22,011,129

5 Beds
5.5 Baths
4,500 Sq Ft
$2,944/Sq Ft Est. Value

Last Sold September 09, 2024

Last sale price $22,500,000 $5,000 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $90,651/month

62 Days on Market

Highlights

  • White Water Ocean Views
  • Detached Guest House
  • Heated Spa
  • Webster Elementary School Rated A
  • Home Theater
  • Fireplace in Primary Bedroom

About This Home

As of September 2024

An exceptional beachfront compound with the ambiance of a resort, this impressive Cape Cod contemporary has sweeping views of ocean, coastline, islands, sunsets, and the sparkling Queen's Necklace. Detached guest house, media suite, and spacious rooms with high, beamed ceilings, skylights, huge picture windows, finely crafted built-ins, and expansive art gallery walls. Many exquisite settings for splendid hospitality include a private courtyard and enormous oceanfront entertainer's deck. Great room with beautifully crafted living area, dining area, and gorgeous custom kitchen. Main floor also has an under-stair wet bar and bedroom/office suite that opens to the courtyard. Three bedrooms upstairs include a stunning ocean-view primary with balcony and office. Large media suite is a grand entertaining space with a powder room. One-bedroom ocean-view guest house has a full kitchen and living/dining area. Remarkable privacy plus light-filled openness create a residence of rare comfort and sophistication.

Last Agent to Sell the Property

Cooper Mount

Carolwood Estates License #01956287 Listed on: 05/28/2024

Carolwood Estates

Co-Listed By

Joyce Rey

Coldwell Banker Realty License #00465013

Last Buyer's Agent

Kurt Rappaport

Westside Estate Agency Inc. License #01036061

Westside Estate Agency Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 41x398
  • Property is zoned LCR16000*

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • On-Street Parking

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Courtyard

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Theater
  • Den
  • Alarm System
  • Laundry Room

Kitchen

  • Oven or Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Pool

  • Heated Spa
  • Above Ground Spa

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Purifier
  • Septic Tank

Additional Features

  • Open Patio
  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4458-007-025

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4500
  • Lot Acreage: 0.3389
  • Lot Dimensions: 41x398
  • Stories: 2
  • Year Built: 1975
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Stone Tile, Wood
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 6.00
  • Equipment: Alarm System, Built-Ins, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Range/Oven, Refrigerator, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 6665.56

Exterior Features

  • Other Structures: GuestHouse
  • Guest House: Detached
  • Pool: No
  • Spa: Heated, Private, Above Ground
  • Spa Yn: Yes
  • View: Catalina, City, City Lights, Coastline, Courtyard, Panoramic, White Water, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Parking Garage: Door Opener, Driveway, Garage - 3 Car, Private, On street, Parking for Guests, Uncovered
  • Total Parking: 6

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central, Zoned
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4458-007-025
  • Lot Size Area: 14761

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Aug 21, 2024
Sold by
17406 Los Alimos Llc
Bought by
Beach Tree Malibu Llc
Seller's Agent
Cooper Mount
Carolwood Estates
Buyer's Agent
Kurt Rappaport
Westside Estate Agency Inc.
List Price
$29,995,000
Sold Price
$22,500,000
Premium/Discount to List
-$7,495,000
-24.99%
Views
152
Current Estimated Value
$13,247,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,252,935
Avg. Annual Appreciation
-33.47%
Original Mortgage
$15,750,000
Outstanding Balance
$15,495,827
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
-$2,248,762

Purchase Details

Closed on
Aug 26, 2016
Sold by
17406 Los Alimos Llc
Bought by
17406 Los Alimos Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 28, 2012
Sold by
Garcia John A and The Garcia Living Trust
Bought by
Curran Malibu Llc

Purchase Details

Closed on
Oct 26, 2001
Sold by
Garcia John A
Bought by
Garcia John A and Garcia Living Trust

Purchase Details

Closed on
Aug 20, 1997
Sold by
Shoemaker Property Llc
Bought by
Garcia John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.95%

Purchase Details

Closed on
Jan 16, 1996
Sold by
Shoemaker Charles Grant and Shoemaker Scott Ralphs
Bought by
Shoemaker Charles Grant
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Beach Tree Malibu Llc $22,500,000 First American Title Company
17406 Los Alimos Llc -- North American Title Co Inc
Curran Malibu Llc $18,000,180 Fidelity National Title
Garcia John A -- --
Garcia John A -- --
Shoemaker Charles Grant -- --
Shoemaker Property Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beach Tree Malibu Llc $15,750,000
Previous Owner 17406 Los Alimos Llc $8,000,000
Previous Owner Garcia John A $1,100,000
Closed Garcia John A $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2024 09/09/24 Sold $22,500,000 -25.0% $5,000 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $29,995,000 0.0% $6,666 / Sq Ft
06/04/2019 06/04/19 Rented $80,000 0.0% --
06/04/2019 06/04/19 Under Contract -- -- --
06/04/2019 06/04/19 For Rent $80,000 -46.7% --
06/03/2019 06/03/19 Rented $150,000 +106.9% --
03/18/2015 03/18/15 For Rent $72,500 0.0% --
03/02/2014 03/02/14 Rented $72,500 0.0% --
03/02/2014 03/02/14 Under Contract -- -- --
01/15/2014 01/15/14 For Rent $72,500 -- --
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 $254,936 $22,500,000 $19,505,000 $2,995,000
2024 $254,936 $22,187,670 $19,343,098 $2,844,572
2023 $250,270 $21,752,619 $18,963,822 $2,788,797
2022 $247,391 $21,326,098 $18,591,983 $2,734,115
2021 $241,754 $20,907,940 $18,227,435 $2,680,505
2019 $237,092 $20,287,800 $17,686,800 $2,601,000
2018 $220,685 $19,480,705 $17,316,184 $2,164,521
2016 $212,924 $18,724,247 $16,643,776 $2,080,471
2015 $210,006 $18,442,992 $16,393,771 $2,049,221
2014 $206,772 $18,081,720 $16,072,640 $2,009,080
Source: Public Records

Agents Affiliated with this Home

  • Cooper Mount

    Seller's Agent in 2024

    Cooper Mount

    Carolwood Estates

    (310) 351-9002

    3 in this area

    51 Total Sales

    Cooper Mount
    Section Image
  • Joyce Rey

    Seller Co-Listing Agent in 2024

    Joyce Rey

    Coldwell Banker Realty

    (310) 273-3113

    1 in this area

    82 Total Sales

    Joyce Rey
    Section Image
  • Kurt Rappaport

    Buyer's Agent in 2024

    Kurt Rappaport

    Westside Estate Agency Inc.

    (310) 247-7770

    2 in this area

    99 Total Sales

    Kurt Rappaport
    Section Image
  • Madison Hildebrand

    Seller's Agent in 2019

    Madison Hildebrand

    Compass

    (310) 818-5788

    2 in this area

    56 Total Sales

    Madison Hildebrand
    Section Image
  • Jennifer Chrisman

    Seller Co-Listing Agent in 2019

    Jennifer Chrisman

    Compass

    (310) 818-5788

    2 in this area

    46 Total Sales

    Jennifer Chrisman
    Section Image

  • A

    Buyer's Agent in 2019

    Andy Lyon

    4 Malibu Real Estate

    (310) 924-9086

    9 Total Sales

    Andy Lyon
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-395063

The MLS

APN: 4458-007-025

California Los Angeles County Malibu 90265 Malibu Road

23826 Malibu Rd, Malibu, CA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.
Information is deemed reliable but not guaranteed.

Nearby Homes