NOT LISTED FOR SALE

Estimated Value: $6,000,000 - $17,268,080

4 Beds
4.5 Baths
4,699 Sq Ft
$2,476/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $17,450,000 $3,714 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $79,165/month

62 Days on Market

Highlights

  • White Water Ocean Views
  • Home Theater
  • Great Room
  • Webster Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of October 2021

An architectural triumph, 25160 Malibu Road showcases masterful craftsmanship and spectacular waterfront living. Envisioned by Scott Gillen of UnvarnishedCo., the home features a dramatic great room with 12-foot exposed beam ceilings, hand-scraped oak floors and grand Fleetwood sliding glass doors that open to the shoreline. Wood accents combine with the fresh white color scheme. The custom gourmet kitchen offers European Caesarstone counters and Wolf appliances. A floating stainless steel staircase leads to a second spacious media/living room. In the ultra-luxurious primary suite, walls of glass open to a private deck and dramatic sunset and Point Dume views and a large walk-in closet includes built-in wood cabinetry. Two additional spacious suites are located upstairs. Downstairs, a fourth bedroom can be used as an office or gym. With a two-car garage and proximity to fine dining and shopping, experience a Malibu lifestyle that is nothing short of extraordinary.

Last Agent to Sell the Property

Sandro Dazzan

The Agency License #01418033 Listed on: 06/18/2021

The Agency

Last Buyer's Agent

Steven Schaefer

Newmark Estates License #01958789

Home Details

Home Type

  • Single Family

Lot Details

  • 6,398 Sq Ft Lot
  • Gated Home
  • Property is zoned LCR3*

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Catalina
  • City Lights

Interior Spaces

  • 4,699 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Entryway
  • Great Room
  • Family Room
  • Living Room
  • Dining Area
  • Home Theater
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4459-015-011

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4699
  • Lot Acreage: 0.1469
  • Stories: 2
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit
  • Flooring: Carpet, Hardwood
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Network Wire, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 4256.22

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: Bay, Catalina, City Lights, Coastline, Ocean, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway - Concrete, Garage - 2 Car
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Owned
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4459-015-011
  • Lot Size Area: 6398

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Jun 20, 2016
Sold by
Lemkin Todd
Bought by
Mashbu Llc
Seller's Agent
Sandro Dazzan
The Agency
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$13,950,000
Sold Price
$13,350,000
Premium/Discount to List
-$600,000
-4.3%
Current Estimated Value
$11,634,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,715,960
Avg. Annual Appreciation
-1.42%

Purchase Details

Closed on
Jul 29, 2013
Sold by
C64829 Llc
Bought by
Lemkin Todd and Lemkin Kasey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,515,625
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 18, 2011
Sold by
25160 Bu Road Llc
Bought by
C64829 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
4.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 25, 2008
Sold by
Vk Smith Realty Llc
Bought by
25160 Bu Road Llc

Purchase Details

Closed on
Jun 16, 2003
Sold by
Smith Vera K
Bought by
Vk Smith Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 1993
Sold by
Smith Vera K
Bought by
Smith Vera K and Smith Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,400
Interest Rate
6.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mashbu Llc $13,085,000 Fatcola
Lemkin Todd $11,562,615 Equity Title
C64829 Llc $6,250,062 Equity Title
25160 Bu Road Llc -- Ticor Title Co Glendale
Vk Smith Realty Llc -- New Century Title Company
Smith Vera K -- New Century Title Company
Smith Vera K -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lemkin Todd $7,515,625
Previous Owner C64829 Llc $3,250,000
Previous Owner Smith Vera K $458,000
Previous Owner Smith Vera K $390,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2021 10/05/21 Sold $17,450,000 -12.8% $3,714 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $20,000,000 +49.8% $4,256 / Sq Ft
06/27/2016 06/27/16 Sold $13,350,000 -4.3% $4,159 / Sq Ft View Prior Sale
06/16/2016 06/16/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $13,950,000 -- $4,346 / 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 $225,020 $18,518,078 $12,962,655 $5,555,423
2024 $208,715 $18,154,980 $12,708,486 $5,446,494
2023 $204,998 $17,799,000 $12,459,300 $5,339,700
2022 $203,237 $17,450,000 $12,215,000 $5,235,000
2021 $166,431 $14,310,357 $12,030,106 $2,280,251
2019 $163,232 $13,886,226 $11,673,288 $2,212,938
2018 $155,159 $13,613,954 $11,444,400 $2,169,554
2016 $137,120 $11,973,368 $7,248,742 $4,724,626
2015 $135,290 $11,793,518 $7,139,860 $4,653,658
2014 $133,203 $11,562,500 $7,000,000 $4,562,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-749230

The MLS

APN: 4459-015-011