$5,550,000
SOLD APR 28, 2025

24611 Plover Way Malibu, CA 90265

4 Beds
3.5 Baths
3,396 Sq Ft
0.58 Acres

Recently Sold

$1,634 Per Sq Ft

3% Below List Price

56 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Traditional Architecture
  • Webster Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of April 2025

Experience resort-style living overlooking the ocean in this luxurious home in the heart of Malibu. Tucked away at the end of a cul-de-sac with a private drive and expansive motor court. This newly renovated 4-bedroom, 3.5-bathroom home offers unparalleled privacy and elegance in this beautiful Malibu enclave. With private retreat amenities and breathtaking ocean views, this home includes a pool with a cascading waterfall, spa, lush gardens, palm trees, and manicured lawns. Inside the home, experience the open concept living spaces with stunning ocean views from the kitchen, dining area, living room, and one of the two spacious primary bedroom suites. The lower of the two primary bedroom suites offers both steam and an outdoor shower. Plenty of room for morning workouts, including a media room. Ideal and perfect for entertaining, as the home also includes a large outdoor patio open to the living room that features the best ocean views the property has to offer, with spacious outdoor dining and seating areas, BBQ, cold storage and pizza oven. Take the staircase to the lower area and enjoy an outdoor, covered family room with a large TV and fire pit complimenting the lawn and pool area. Enjoy a serene pathway from the home leading through Bluffs Park to Malibu Road and the beach, as well as close proximity to Malibu's premier shopping, dining and weekly farmers' market. For added convenience, Pepperdine's nearby club membership offers access to am Olympic pool, track and tennis courts. This exceptional property combines privacy, luxury and the best of Malibu's coastal lifestyle.

Last Agent to Sell the Property

Marcus Beck

Sotheby's International Realty License #00971376 Listed on: 01/30/2025

Co-Listed By

Barry Kinyon

Compass License #01097786

Last Buyer's Agent

Jodi Bell Ticknor

Compass License #01918079

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,054

Year Built

  • Built in 1976

Lot Details

  • 0.58 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Fenced Yard
  • Fenced
  • Landscaped
  • Irregular Lot
  • Lawn
  • Back Yard
  • Property is zoned LCR12000*

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Side by Side Parking
  • Garage Door Opener
  • Driveway
  • Guest Parking

Property Views

  • Ocean
  • Catalina
  • City Lights
  • Pool

Home Design

  • Traditional Architecture
  • Split Level Home
  • Turnkey

Interior Spaces

  • 3,396 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Living Room
  • Dining Area
  • Center Hall
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Waterfall Pool Feature

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch
  • Fire Pit
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4458-017-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,054

Year Built

Built in 1976

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Mid Level
  • Living Area: 3396
  • Lot Acreage: 0.5792
  • Probate: No
  • Stories: 2
  • Year Built: 1976
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Turnkey
  • Fireplace Rooms: Fire Pit, Primary Bedroom
  • Flooring: Carpet, Hardwood, Mixed, Tile
  • Appliances: Built-In BBQ, Built-Ins, Oven, Range
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: Primary Retreat
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 1693.17

Exterior Features

  • Direction Faces: South
  • Other Features: Balcony, Barbecue Private, Custom Built
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Covered, Deck(s), Patio Open
  • Pool Description: Heated And Filtered, In Ground, Waterfall, Private
  • Pool: Yes
  • Spa: Heated with Gas, In Ground, Private
  • Spa Yn: Yes
  • View: Catalina, City Lights, Ocean, Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Attached, Driveway, Door Opener, Direct Entrance, Driveway - Concrete, Garage - 2 Car, Garage Is Attached, Parking for Guests, Private Garage, Side By Side
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Sewer: Paid
  • Water: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 250.00
  • HOA: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4458-017-011
  • Lot Description: Back Yard, Curbs, Fenced, Fenced Yard, Landscaped, Lawn, Lot Shape-Irregular, Single Lot, Yard
  • Lot Location: Cul-De-Sac
  • Lot Size Area: 25230

Rental Info

  • Land Lease Purchase Yn: No

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Apr 25, 2025
Sold by
Malibu Journey Llc
Bought by
Khazai Bahram
Seller's Agent
Marcus Beck
Sotheby's International Realty
Buyer's Agent
Jodi Bell Ticknor
Compass
List Price
$5,750,000
Sold Price
$5,550,000
Premium/Discount to List
-$200,000
-3.48%
Total Days on Market
56
Views
910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.57%
Original Mortgage
$4,160,000
Outstanding Balance
$4,160,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$1,543,882

Purchase Details

Closed on
Jan 21, 2025
Sold by
Wexler Alan and Wexler Marie
Bought by
Malibu Journey Llc

Purchase Details

Closed on
Feb 9, 2012
Sold by
Wexler Alan and Wexler Marie
Bought by
Wexler Alan M and Wexler Marie

Purchase Details

Closed on
May 24, 2010
Sold by
Greenup Campbell Hugh and Greenup Teresa Lynn
Bought by
Wexler Alan and Wexler Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,744,090
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2008
Sold by
Greenup Campbell Hugh and Greenup Teresa Lynn
Bought by
Greenup Campbell Hugh and Greenup Teresa Lynn

Purchase Details

Closed on
Jul 25, 2000
Sold by
Hess R Anthony
Bought by
Greenup Campbell Hugh and Greenup Teresa Lynn

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
Interest Rate
8.29%
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 Type Sale Price Title Company
Grant Deed $5,550,000 Lawyers Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Grant Deed $2,195,000 Ticor Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $1,200,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,160,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,744,090 New Conventional
Previous Owner $1,000,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Previous Owner $801,000 Unknown
Previous Owner $805,000 Unknown
Previous Owner $805,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $800,000 Unknown
Previous Owner $650,000 No Value Available
Closed $300,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Sold $5,550,000 -3.5% $1,634 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $5,750,000 -- $1,693 / 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
2024 $34,054 $2,794,236 $1,644,910 $1,149,326
2023 $33,416 $2,739,448 $1,612,657 $1,126,791
2022 $32,986 $2,685,735 $1,581,037 $1,104,698
2021 $32,222 $2,633,075 $1,550,037 $1,083,038
2019 $31,612 $2,554,978 $1,504,063 $1,050,915
2018 $30,002 $2,504,881 $1,474,572 $1,030,309
2016 $28,773 $2,393,445 $1,417,313 $976,132
2015 $28,400 $2,357,494 $1,396,024 $961,470
2014 $27,999 $2,311,315 $1,368,678 $942,637
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25492049

The MLS

APN: 4458-017-011