RENTED FEB 14, 2025

23919 Malibu Rd Malibu, CA 90265

Estimated Value: $5,620,000 - $15,124,930

5 Beds
7 Baths
8,000 Sq Ft
$1,151/Sq Ft Est. Value

Last Sold March 30, 2017

Last sale price $3,600,000 $450 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $55,585/month

Highlights

  • Ocean View
  • Tennis Courts
  • In Ground Pool
  • Webster Elementary School Rated A
  • Home Theater
  • Contemporary Architecture

About This Home

As of February 2025

Located in the private, gated community, the Malibu Colony Estates, this gorgeous Richard Landry designed contemporary residence is available for lease. With breathtaking whitewater, coastline and city light views, this is the ultimate in luxury beach living. Spend the day lounging by the sparkling infinity pool, play pickle ball with friends or watch a movie in the state of the art home theater, the property is designed as a destination. Minutes away from the luxury shops at Cross Creek and Nobu and steps from the beach, enjoy the Malibu living at its finest. Price listed is for long term rentals, call listing agent for short term pricing.

Last Agent to Rent the Property

Samantha Nugent

Compass License #01966776 Listed on: 01/15/2025

Compass

Last Renter's Agent

Samantha Nugent

Compass License #01966776 Listed on: 01/15/2025

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022

Lot Details

  • 1.06 Acre Lot
  • West Facing Home
  • Gated Home
  • Property is zoned LCM1

Parking

  • 3 Car Garage
  • Auto Driveway Gate

Property Views

  • Ocean
  • Coastline

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 8,000 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Alarm System
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $136,000
  • Tenant pays for gas, water, special, electricity, trash collection
  • 12 Month Lease Term
  • Month-to-Month Lease Term
  • Assessor Parcel Number 4458-018-028

Home Details

Home Type

Single Family

Year Built

Built in 2022

Lot Details

0

Parking

3

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished Or Unfurnished
  • Lease Option: 1
  • Security Deposit: 136000
  • Tenant Pays: Gas, Water, Special, Electricity, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Single Family Or Apt: Single Family
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 8000
  • Lot Acreage: 1.0633
  • Monthto Month: Yes
  • Stories: 3
  • Year Built: 2022
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed, Hardwood, Stone Tile
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 7
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Kitchen Island, Formal Dining Rm
  • Laundry: On Upper Level, Room
  • Total Bathrooms: 7.00
  • Equipment: Alarm System, Barbeque, Washer, Dryer
  • Fireplace: Yes
  • Price Per S Q F T: 8.50

Exterior Features

  • Direction Faces: West
  • Tennis Court: Private
  • Tennis Court Y/N: Yes
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: Private, In Ground
  • Spa Yn: Yes
  • View: Ocean, Coastline
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car, Driveway Gate
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4458-018-028
  • Lot Size Area: 46318

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2022
Sold by
J Edward Smith Family Trust
Bought by
J Edward Smith Family Trust
Current Estimated Value
$9,205,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$628,442
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving
Estimated Equity
$8,576,868

Purchase Details

Closed on
Jun 8, 2017
Sold by
Malibu Road Estates Llc
Bought by
Smith J Edward and J Edward Smith Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,250,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2016
Sold by
Malibu Rd Project Owner Llc
Bought by
Malibu Road Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
3.45%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
J Edward Smith Family Trust -- Old Republic Title
Smith J Edward -- Old Republic Title
Malibu Road Estates Llc $3,200,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J Edward Smith Family Trust $650,000
Previous Owner Smith J Edward $6,250,000
Previous Owner Malibu Road Estates Llc $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2025 02/14/25 Rented $68,000 0.0% --
01/15/2025 01/15/25 For Rent $68,000 -43.3% --
03/01/2024 03/01/24 Rented $120,000 0.0% --
09/10/2023 09/10/23 For Rent $120,000 0.0% --
03/30/2017 03/30/17 Sold $3,600,000 -34.5% $480 / Sq Ft View Prior Sale
01/27/2015 01/27/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $5,500,000 -- $733 / 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 $89,977 $7,628,376 $3,713,873 $3,914,503
2024 $89,977 $5,948,428 $3,641,052 $2,307,376
2023 $88,421 $5,831,793 $3,569,659 $2,262,134
2022 $88,853 $5,717,445 $3,499,666 $2,217,779
2021 $87,770 $5,605,340 $3,431,046 $2,174,294
2019 $49,630 $3,329,280 $3,329,280 $0
2018 $48,131 $3,264,000 $3,264,000 $0
2016 $27,173 $2,279,113 $2,262,138 $16,975
2015 $26,866 $2,244,880 $2,228,159 $16,721
Source: Public Records

Agents Affiliated with this Home

  • Samantha Nugent

    Landlord's Agent in 2025

    Samantha Nugent

    Compass

    (310) 383-5319

    12 Total Sales

    Samantha Nugent
    Section Image
  • Christine Martin

    Buyer's Agent in 2024

    Christine Martin

    The Agency

    (424) 230-3700

    11 Total Sales

    Christine Martin
    Section Image
  • Paul Grisanti

    Seller's Agent in 2017

    Paul Grisanti

    Pinnacle Estate Properties

    (310) 505-5006

    13 Total Sales

    Paul Grisanti
    Section Image
  • Chris Cortazzo

    Seller Co-Listing Agent in 2017

    Chris Cortazzo

    Compass

    (310) 457-3995

    211 Total Sales

    Chris Cortazzo
    Section Image
  • Christopher Damon

    Buyer's Agent in 2017

    Christopher Damon

    Coldwell Banker Realty

    (213) 400-3060

    16 Total Sales

    Christopher Damon
    Section Image
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Map

Source: The MLS

MLS Number: 25-482277

The MLS

APN: 4458-018-028

California Los Angeles County Malibu 90263

23919 Malibu Rd, Malibu, CA

Not Listed for Sale

Detached

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