NOT LISTED FOR SALE

23936 Malibu Rd Malibu, CA 90265

Malibu Road Neighborhood

Estimated Value: $5,644,000 - $17,224,909

5 Beds
4.5 Baths
5,793 Sq Ft
$1,974/Sq Ft Est. Value

Last Sold February 22, 2017

Last sale price $15,725,000 $2,714 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $79,470/month

145 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Home Theater
  • Webster Elementary School Rated A
  • Detached Guest House
  • In Ground Spa

About This Home

As of February 2017

Stunning Malibu beach contemporary on 55 Feet of Beach frontage designed by Architect Ron Goldman. This two-story seaside compound sits on the west end of Malibu Colony Beach, benefiting from the exceptionally deep lots of Malibu Road. With four bedrooms in the main residence and a detached guest suite, this home provides space for a large family looking to have their summertime and weekend beach retreat, or a full time beach estate. In addition, to the large indoor and outdoor living areas, there is also a state of the art Media Room, interior courtyard entry and stunning oceanside patio and decks. This beautiful site also provides views looking down Malibu Colony Beach to the lights of the Queens Necklace beyond and Catalina Island in the distance. For the water enthusiast, Colony Point sits right in front providing a great wave for Surfing and Stand-up Paddle Boarding.

Last Agent to Sell the Property

Marcus Beck

Sotheby's International Realty License #00971376 Listed on: 08/17/2016

Last Buyer's Agent

Hania Ahmar

Ahmar Investment Inc License #01788773

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $206,007

Year Built

  • Built in 1986

Lot Details

  • 0.33 Acre Lot
  • Beach Front
  • Property is zoned LCR16000*

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • City Lights

Home Design

  • Contemporary Architecture

Interior Spaces

  • 5,793 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Den
  • Atrium Room
  • Sauna
  • Center Hall
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters

Parking

  • 6 Car Attached Garage
  • Garage Apartment
  • Garage Door Opener
  • Guest Parking
  • Off-Site Parking

Outdoor Features

  • In Ground Spa
  • Open Patio

Additional Homes

  • Detached Guest House

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Phone System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4458-008-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$206,007

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 5793
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1986
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Gas Starter, Living Room, Master Bedroom, Wood Burning
  • Flooring: Carpet, Mixed, Stone
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Phone System, Range/Oven, Refrigerator
  • Price Per S Q F T: 2977.73

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Patio: Patio Open
  • Pool: No
  • Spa: In Ground, Private
  • Spa Yn: Yes
  • View: Catalina, City Lights, Coastline, Ocean, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Door Opener, Garage - 2 Car, Garage Is Detached, Offsite, Parking for Guests, Parking for Guests - Onsite
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central, Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission, Flood
  • Assessor Parcel Number: 4458-008-013
  • Geocode Override: No
  • Lot Location: Beach Front
  • Lot Size Area: 14237

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2016
Closed on
Jan 12, 2017
Sold by
Robertson Richard T
Bought by
23936 Malibu Llc
Seller's Agent
Marcus Beck
Sotheby's International Realty
Buyer's Agent
Hania Ahmar
Ahmar Investment Inc
List Price
$17,250,000
Sold Price
$15,725,000
Premium/Discount to List
-$1,525,000
-8.84%
Current Estimated Value
$11,434,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,290,545
Avg. Annual Appreciation
-3.67%
Original Mortgage
$5,000,000
Outstanding Balance
$2,609,009
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$8,825,446

Purchase Details

Closed on
Jun 3, 1998
Sold by
Robertson Richard T
Bought by
Robertson Richard T and Richard T Robertson Trust
Source: Public Records

Range of Values:

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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
23936 Malibu Llc $15,725,000 Fidelity National Title Co
Robertson Richard T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 23936 Malibu Llc $5,000,000
Previous Owner Robertson Richard T $3,100,000
Previous Owner Robertson Richard T $1,000,000
Previous Owner Richard T Robertson Trust $1,100,000
Previous Owner Robertson Richard T $1,100,000
Previous Owner Robertson Richard T $1,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2017 02/22/17 Sold $15,725,000 -8.8% $2,714 / Sq Ft
01/09/2017 01/09/17 Pending -- -- --
08/17/2016 08/17/16 For Sale $17,250,000 -- $2,978 / 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 $206,007 $18,250,209 $16,248,202 $2,002,007
2024 $206,007 $17,892,362 $15,929,610 $1,962,752
2023 $202,222 $17,541,532 $15,617,265 $1,924,267
2022 $199,880 $17,197,582 $15,311,045 $1,886,537
2021 $195,315 $16,860,376 $15,010,829 $1,849,547
2019 $191,548 $16,360,290 $14,565,600 $1,794,690
2018 $182,031 $16,039,500 $14,280,000 $1,759,500
2016 $41,209 $3,557,299 $2,587,133 $970,166
2015 $40,597 $3,503,866 $2,548,272 $955,594
2014 $40,047 $3,435,231 $2,498,355 $936,876
Source: Public Records

Agents Affiliated with this Home

  • Marcus Beck

    Seller's Agent in 2017

    Marcus Beck

    Sotheby's International Realty

    (310) 456-9405

    2 in this area

    30 Total Sales

    Marcus Beck
    Section Image

  • H

    Buyer's Agent in 2017

    Hania Ahmar

    Ahmar Investment Inc

    (310) 435-7368

    Hania Ahmar
    Section Image
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Map

Source: The MLS

MLS Number: 16-154090

The MLS

APN: 4458-008-013

California Los Angeles County Malibu 90265 Malibu Road

23936 Malibu Rd, Malibu, CA

This home is located at 23936 Malibu Rd, Malibu, CA 90265 since 17 August 2016 and is currently estimated at $11,434,455, approximately $1,973 per square foot. This property was built in 1986. 23936 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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