Seller's Agent in 2024
Jade Mills
Coldwell Banker Realty
(949) 723-4633
148 Total Sales
23921 Malibu Rd Malibu, CA 90265
Estimated Value: $5,167,000 - $19,002,015
6
Beds
8
Baths
7,334
Sq Ft
$1,388/Sq Ft
Est. Value
Highlights
- Ocean View
- Guest House
- Home Theater
- Webster Elementary School Rated A
- Wine Cellar
- Infinity Pool
About This Home
As of August 2024Welcome to Malibu Colony Estates on one of Malibu's most sought-after streets, Malibu Road. This brand new construction warm Contemporary compound sits behind double gates on just over an acre and is surrounded by some of Malibu's most prestigious beach homes and the Pacific Ocean. Extremely private and just a stone's throw from the Malibu Country Mart this home is conveniently located for you to enjoy the safety and privacy of a small gated community with access to the best food and shopping that Malibu has to offer! This one-of-a-kind architectural compound features 6 bedrooms, 8 bathrooms with 7,334 sq ft of luxurious living space. This home has been built with the most high-end construction and finished with the finest materials that were hand-picked and imported from Italy. Upon entering through a beautiful oversized custom wood pivot door you are immediately greeted by the feeling of a warm yet grand modern beach house with a huge yard and stunning exterior views. The open floor plan consists of a perfect balance of indoor/outdoor flow overlooking the infinity pool, spa, and ocean views. Poliform cabinetry, Miele appliances and a porcelain center island complete the kitchen with all top-of -the-line materials and appliances. The grand living and dining rooms sit adjacent to the kitchen allowing the perfect space for family gatherings or entertaining. The primary suite includes a small bar, a private balcony, custom-made Poliform walk-in wardrobe and breathtaking ocean views. The floor-to-ceiling neolith slabs in the primary bathroom engulf you in true Italian opulence. The serene primary bathroom consists of a double sink, grand tub and a large open shower all finished in Cea plumbing. This lower level features a media room with a pool table and private bar completed with state-of-the-art furniture from Minotti, Molteni, B&B Italia and Bonaldo, which are available to be sold with the property. The outdoor living space is truly amazing featuring a huge grassy backyard, guest house, a 45x22 infinity-edge pool with an outdoor BBQ, dining area and private seating area from renowned brands Kettal and Roda.
Last Agent to Sell the Property
Coldwell Banker Realty License #00526877 Listed on: 06/10/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 2023
Lot Details
- 1 Acre Lot
- Gated Home
- Property is zoned LCM1
HOA Fees
- $1,830 Monthly HOA Fees
Parking
- 2 Car Garage
- 10 Open Parking Spaces
- Gated Parking
Home Design
- Contemporary Architecture
- Split Level Home
Interior Spaces
- 7,334 Sq Ft Home
- 3-Story Property
- Built-In Features
- Bar
- Entryway
- Wine Cellar
- Family Room
- Living Room with Fireplace
- Dining Area
- Home Theater
- Home Office
- Ocean Views
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 6 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Powder Room
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Infinity Pool
- In Ground Spa
Additional Features
- Open Patio
- Guest House
- Central Heating and Cooling System
Community Details
- Security Service
Listing and Financial Details
- Assessor Parcel Number 4458-018-029
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 12, 2023
Sold by
Colony Estate Malibu Llc
Bought by
Alta Standard One Llc
Current Estimated Value
Purchase Details
Listed on
Dec 8, 2016
Closed on
Apr 5, 2019
Sold by
Malibu Rd Project Owner Llc
Bought by
Malibu Colony Estates Lot 3 Llc
Seller's Agent
Rodrigo Iglesias
Hilton & Hyland
Buyer's Agent
Debra Dietrich
No Firm Affiliation
List Price
$4,495,000
Sold Price
$3,250,000
Premium/Discount to List
-$1,245,000
-27.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.54%
Original Mortgage
$1,625,000
Interest Rate
4.3%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alta Standard One Llc | $3,400,000 | Fidelity National Title | |
| Malibu Colony Estates Lot 3 Llc | $3,250,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Malibu Colony Estates Lot 3 Llc | $1,625,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $15,500,000 | -8.8% | $2,113 / Sq Ft | |
| 08/20/2024 08/20/24 | Pending | -- | -- | -- | |
| 06/28/2024 06/28/24 | Price Changed | $16,995,000 | -10.5% | $2,317 / Sq Ft | |
| 06/10/2024 06/10/24 | For Sale | $18,995,000 | +484.5% | $2,590 / Sq Ft | |
| 04/12/2019 04/12/19 | Sold | $3,250,000 | -27.7% | $486 / Sq Ft | View Prior Sale |
| 04/25/2018 04/25/18 | For Sale | $4,495,000 | 0.0% | $672 / Sq Ft | |
| 04/05/2018 04/05/18 | Pending | -- | -- | -- | |
| 10/17/2017 10/17/17 | Price Changed | $4,495,000 | -8.2% | $672 / Sq Ft | |
| 12/08/2016 12/08/16 | For Sale | $4,895,000 | -- | $732 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $48,887 | $15,500,000 | $11,505,000 | $3,995,000 |
| 2024 | $48,887 | $3,400,000 | $3,400,000 | -- |
| 2023 | $71,918 | $5,406,000 | $5,406,000 | $0 |
| 2022 | $71,206 | $5,300,000 | $5,300,000 | $0 |
| 2021 | $49,263 | $3,349,343 | $3,349,343 | $0 |
| 2020 | $48,957 | $3,315,000 | $3,315,000 | $0 |
| 2019 | $29,816 | $1,621,415 | $1,621,415 | $0 |
| 2018 | $29,248 | $1,589,623 | $1,589,623 | $0 |
| 2016 | $18,703 | $1,527,897 | $1,527,897 | $0 |
| 2015 | $18,479 | $1,504,947 | $1,504,947 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jade Mills
-
Zach Quittman
Z
Seller Co-Listing Agent in 2024
Zach Quittman
Coldwell Banker Realty
(310) 273-3113
13 Total Sales
-
Chris Cortazzo
Buyer's Agent in 2024
Chris Cortazzo
Compass
(310) 457-3995
213 Total Sales
-
R
Seller's Agent in 2019
Rodrigo Iglesias
Hilton & Hyland
-
Rick Hilton
R
Seller Co-Listing Agent in 2019
Rick Hilton
Hilton Hilton
(310) 777-1317
10 Total Sales
-
D
Buyer's Agent in 2019
Debra Dietrich
No Firm Affiliation
Map
Source: The MLS
MLS Number: 24-402339
APN: 4458-018-029
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© 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.
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