NOT LISTED FOR SALE

23858 Malibu Rd Malibu, CA 90265

Malibu Road Neighborhood

Estimated Value: $4,478,000 - $25,836,239

5 Beds
6 Baths
4,388 Sq Ft
$3,454/Sq Ft Est. Value

Last Sold February 10, 2021

Last sale price $24,000,000 $5,469 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $103,790/month

28 Days on Market

Highlights

  • Ocean Front
  • Detached Guest House
  • In Ground Spa
  • Webster Elementary School Rated A
  • Greenhouse
  • Sauna

About This Home

As of February 2021

A rare offering located on the deepest and most coveted stretch of Malibu Colony beach. A sense of luxury unfolds in this traditional treasure as you enter the gate and pass the beautiful tiled fountain leading to the courtyard comprised of lush gardens, flagstone walkways, artfully planted arbor and spacious greenhouse. A covered sunlit walkway inset with flowers leads to the entrance. The 5 bedroom, 6 bathroom home plus detached studio exudes sophistication. Amenities include an open living environment, cozy den and sunroom. Upstairs features a large formal oceanfront library with fireplace, sitting area, a luxurious master bedroom suite, walk-in closet, vanity, private patio and 3 guest rooms. There is a generous sized basement with a sauna, wine cellar space and storage. An oceanfront patterned-brick patio with spa and retractable awning creates a dream beach setting. The landscaping and lounging area on the grass overlooking the ocean amplify the allure of this unique location.

Last Agent to Sell the Property

Susan Monus

Coldwell Banker Realty License #00827409 Listed on: 12/08/2020

Coldwell Banker Realty

Last Buyer's Agent

Branden Williams

The Beverly Hills Estates License #01774287

The Beverly Hills Estates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 39x397
  • Ocean Front
  • Gated Home
  • Property is zoned LCR16000*

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Garage Apartment

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • 4,388 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Library with Fireplace
  • Sauna
  • Center Hall
  • White Water Ocean Views
  • Basement

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • 6 Full Bathrooms
  • Double Vanity
  • Bidet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Spa
  • Brick Porch or Patio
  • Greenhouse

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4458-007-016

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: A rare offering on the deepest part of Malibu Colony beach. This traditional treasure is being offered for the first time in 35 years. Located on the most coveted stretch of Malibu Rd. This luxury residence unfolds as you enter the gate and pass the beautiful tiled fountain leading to the courtyard comprised of lush gardens, flagstone walkways, artfully planted arbor and spacious greenhouse with potting area. Continue past the covered sunlit walkway inset with flowers to the entrance of the home. The 5 bedroom, 6 bath home plus detached studio exudes sophistication. The amenities feature an open living environment, cozy den and sunroom. Upstairs, there is a large formal oceanfront library with fireplace and sitting area, a luxurious master bedroom suite with walk-in closet, vanity, a private patio with whitewater ocean view and 3 guest rooms. There is a generous sized basement with a sauna, cellar space ample for the wine aficionado and additional storage. The oceanfront glass-enclosed patterned brick patio with spa and retractable awning create the perfect setting to relax and entertain. The landscaping and lounging area on the grass in front of the patio overlooking the ocean amplify the allure of this unique location. Malibu Colony beach at its best!
  • Entry Location: Foyer
  • Exclusions: The sculpture of the person in the courtyard is excluded from the sale.
  • Living Area: 4388
  • Lot Acreage: 0.3204
  • Lot Dimensions: 39x397
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1970
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases, Basement, Bidet
  • Fireplace Rooms: Library, Living Room
  • Flooring: Hardwood, Stone Tile
  • Appliances: Double Oven, Cooktop - Gas
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 6
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Bidet, Double Vanity(s), Powder Room
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, Breakfast Counter / Bar
  • Kitchen Features: Island, Pantry
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Equipment: Washer, Dryer, Refrigerator, Dishwasher, Garbage Disposal
  • Fireplace: Yes
  • Price Per S Q F T: 6039.20

Exterior Features

  • Construction: Stucco
  • Other Features: Sauna Private
  • Other Structures: Greenhouse, Other
  • Tennis Court Y/N: No
  • Guest House: Detached
  • Patio: Brick, Patio Open
  • Pool: No
  • Spa: In Ground
  • Spa Yn: Yes
  • View: White Water, Ocean
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 3
  • Parking Garage: Garage - 2 Car, Garage Is Detached
  • Total Parking: 2

Utilities

  • Heating: Central
  • Security: Gated
  • Sewer: Septic Tank
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4458-007-016
  • Lot Location: Ocean Front
  • Lot Size Area: 13955

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2019
Sold by
Sperber Charlene M and Sperber Burton
Bought by
Sperber Charlene M and Sperber Burton
Current Estimated Value
$15,157,120
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sperber Charlene M -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2021 02/10/21 Sold $24,000,000 -9.4% $5,469 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
12/08/2020 12/08/20 For Sale $26,500,000 -- $6,039 / 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 $292,514 $25,978,371 $22,731,075 $3,247,296
2024 $292,514 $25,468,992 $22,285,368 $3,183,624
2023 $287,176 $24,969,600 $21,848,400 $3,121,200
2022 $283,883 $24,480,000 $21,420,000 $3,060,000
2021 $23,718 $1,967,048 $1,006,540 $960,508
2020 $23,581 $1,946,880 $996,220 $950,660
2019 $23,255 $1,908,707 $976,687 $932,020
2018 $22,067 $1,871,283 $957,537 $913,746
2016 $21,234 $1,798,620 $920,355 $878,265
2015 $20,889 $1,771,604 $906,531 $865,073
2014 $20,650 $1,736,902 $888,774 $848,128
Source: Public Records

Agents Affiliated with this Home

  • Susan Monus

    Seller's Agent in 2021

    Susan Monus

    Coldwell Banker Realty

    (310) 663-1554

    3 in this area

    28 Total Sales

    Susan Monus
    Section Image
  • Branden Williams

    Buyer's Agent in 2021

    Branden Williams

    The Beverly Hills Estates

    (310) 278-3311

    2 in this area

    187 Total Sales

    Branden Williams
    Section Image
  • Rayni Williams

    Buyer Co-Listing Agent in 2021

    Rayni Williams

    The Beverly Hills Estates

    (310) 925-9281

    1 in this area

    162 Total Sales

    Rayni Williams
    Section Image
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Map

Source: The MLS

MLS Number: 20-667702

The MLS

APN: 4458-007-016

California Los Angeles County Malibu 90265 Malibu Road

23858 Malibu Rd, Malibu, CA

Not Listed for Sale

Detached

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