NOT LISTED FOR SALE

23916 Malibu Rd Malibu, CA 90265

Malibu Road Neighborhood

Estimated Value: $5,999,000 - $37,849,106

3 Beds
3.5 Baths
3,640 Sq Ft
$6,023/Sq Ft Est. Value

Last Sold August 06, 2014

Last sale price $20,000,000 $5,495 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $142,013/month

42 Days on Market

Highlights

  • White Water Ocean Views
  • Fireplace in Primary Bedroom
  • Bonus Room
  • Webster Elementary School Rated A
  • Contemporary Architecture
  • Laundry Room

About This Home

As of August 2014

Extremely rare offering on one of the deepest and sandiest parts of Malibu's famous Colony Beach. This beautiful modern home has wide dry beach during most every tide, and has a grassy yard with a deck, hot tub, and outdoor shower. The center of the home itself is a stunning living area with head-on whitewater views, and the house has a secondary living area with a remodeled open kitchen and family room. The home also features three generously sized bedrooms, each with its own bath. The beautiful master has views, a fireplace, and dual-closets. The extremely sought-after Colony Beach offers easy in-and-out access on Malibu Road, so there is no backing on to Pacific Coast Highway and no PCH noise. Walking distance to Cross Creek, the Malibu Country Mart, and the Village. The Colony is one of the closest beaches into town, allowing for an easy commute to Silicon Beach, Venice, Beverly Hills, and the Valley. A truly unique trophy property on one of the most exclusive beaches in the US.

Last Agent to Sell the Property

Alex Brunkhorst

Compass License #01457282 Listed on: 06/16/2014

Compass

Last Buyer's Agent

Tiffany Martin

The Agency License #01794840

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $270,669

Year Built

  • Built in 1968

Lot Details

  • 10,578 Sq Ft Lot
  • Property is zoned LCR16000*

Property Views

  • White Water Ocean
  • Coastline
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,640 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Bonus Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Phone System

Listing and Financial Details

  • Assessor Parcel Number 4458-008-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$270,669

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 3640
  • Stories: 2
  • Year Built: 1968
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Mixed
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Phone System, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 4119.51

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights, Coastline, Mountains, Ocean, Water, White Water
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4458-008-017
  • Geocode Override: No
  • Lot Size Area: 10578

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2014
Closed on
Jul 30, 2014
Sold by
Codega Katherine A and Kwaheri Charitable Trust
Bought by
Dkjm Investments Llc
Seller's Agent
Alex Brunkhorst
Compass
Buyer's Agent
Tiffany Martin
The Agency
List Price
$14,995,000
Sold Price
$20,000,000
Premium/Discount to List
$5,005,000
33.38%
Current Estimated Value
$21,924,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,924,053
Avg. Annual Appreciation
0.74%

Purchase Details

Listed on
Jun 16, 2014
Closed on
Jul 21, 2014
Sold by
Codega Katherine
Bought by
Codega Katherine A and Kwaheri Charitable Trust
Seller's Agent
Alex Brunkhorst
Compass
Buyer's Agent
Tiffany Martin
The Agency
List Price
$14,995,000
Sold Price
$20,000,000
Premium/Discount to List
$5,005,000
33.38%

Purchase Details

Closed on
Jul 7, 1999
Sold by
Montanaro John D and Montanaro Susan E
Bought by
Codega Katherine

Purchase Details

Closed on
May 30, 1997
Sold by
Luster Trust Luster Elizabeth S Tr Elizabeth
Bought by
Montanaro John D and Montanaro Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,462,500
Interest Rate
8.55%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dkjm Investments Llc $20,000,200 First American Title Company
Codega Katherine A -- None Available
Codega Katherine -- Equity Title Company
Montanaro John D -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dkjm Investments Llc $9,450,000
Previous Owner Montanaro John D $1,462,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2014 08/06/14 Sold $20,000,000 +33.4% $5,495 / Sq Ft
06/16/2014 06/16/14 For Sale $14,995,000 -- $4,120 / 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 $270,669 $24,037,004 $22,354,418 $1,682,586
2024 $270,669 $23,565,692 $21,916,097 $1,649,595
2023 $265,721 $23,103,620 $21,486,370 $1,617,250
2022 $262,681 $22,650,609 $21,065,069 $1,585,540
2021 $256,675 $22,206,480 $20,652,029 $1,554,451
2019 $251,724 $21,547,826 $20,039,479 $1,508,347
2018 $239,257 $21,125,321 $19,646,549 $1,478,772
2016 $230,838 $20,305,000 $18,883,650 $1,421,350
2015 $227,692 $20,000,000 $18,600,000 $1,400,000
2014 $54,568 $4,713,039 $4,012,169 $700,870
Source: Public Records

Agents Affiliated with this Home

  • Alex Brunkhorst

    Seller's Agent in 2014

    Alex Brunkhorst

    Compass

    (424) 230-3700

    36 Total Sales

    Alex Brunkhorst
    Section Image

  • T

    Buyer's Agent in 2014

    Tiffany Martin

    The Agency

    (310) 696-9612

    1 in this area

    6 Total Sales

    Tiffany Martin
    Section Image
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Map

Source: The MLS

MLS Number: 14-769929

The MLS

APN: 4458-008-017

California Los Angeles County Malibu 90265 Malibu Road

23916 Malibu Rd, Malibu, CA

This home is located at 23916 Malibu Rd, Malibu, CA 90265 since 16 June 2014 and is currently estimated at $21,924,053, approximately $6,023 per square foot. This property was built in 1968. 23916 Malibu 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.
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