$5,250,000
SOLD OCT 8, 2025
3 Beds
3 Baths
1,470 Sq Ft
8,234 Sq Ft Lot

Recently Sold

$3,571 Per Sq Ft

19% Below List Price

42 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Wood Flooring
  • Webster Elementary School Rated A
  • Detached Guest House
  • Living Room with Attached Deck

About This Home

As of October 2025

This charming Malibu Road beach cottage, a timeless gem, is now available for the first time in 15 years. Nestled on nearly 50 feet of pristine beach frontage, this single-story residence boasts a secure entry leading to a picturesque and secluded courtyard. Off the courtyard you will find a short staircase to the sand below. The main home features 2 bedrooms, 2 bathrooms and a large deck above the sand for outdoor dining or to watch the waves roll in. A detached guest suite offers an additional bedroom and bathroom. Maintained with care, the property provides ample parking. Whether you desire to embrace the coastal lifestyle immediately in this pied-a-terre or envision crafting your dream beach estate by exploring the exceptional development opportunities, this is an unparalleled chance to be on one of Malibu's most coveted streets. Seize the chance to make this your beachfront haven!

Last Agent to Sell the Property

Madison Hildebrand

Compass License #01413280 Listed on: 07/18/2025

Compass

Co-Listed By

Jennifer Chrisman

Compass License #01325526

Last Buyer's Agent

Madison Hildebrand

Compass License #01413280 Listed on: 07/18/2025

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 8,234 Sq Ft Lot
  • Lot Dimensions are 50x167
  • Beach Front
  • South Facing Home
  • Property is zoned LCR3*

Home Design

  • Cottage

Interior Spaces

  • 1,470 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Family Room
  • Living Room with Attached Deck
  • Dining Area
  • White Water Ocean Views

Kitchen

  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 3 Bathrooms
  • Shower Only

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway
  • Guest Parking

Outdoor Features

  • Living Room Balcony
  • Open Patio
  • Front Porch

Additional Homes

  • Detached Guest House

Utilities

  • Air Conditioning
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4459-017-016

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 1470
  • Lot Acreage: 0.1890
  • Lot Dimensions: 50x167
  • Stories: 1
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Living Room Balcony, Living Room Deck Attached, Recessed Lighting
  • Flooring: Hardwood, Tile
  • Appliances: Built-Ins, Cooktop - Gas, Oven, Microwave
  • Bedrooms: 3
  • Full Bathroom: 0
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Ground Floor Primary, Primary Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Shower Stall
  • Three Quarter Bathrooms: 3
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Granite Counters
  • Laundry: In Closet, Outside
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Dishwasher, Microwave, Washer, Dryer, Ceiling Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 4421.77

Exterior Features

  • Direction Faces: South
  • Other Features: Balcony
  • Other Structures: GuestHouse
  • Guest House: Detached
  • Patio: Balcony, Deck(s), Patio Open, Porch - Front, Porch - Rear
  • Pool: No
  • Spa Yn: No
  • View: Ocean, White Water
  • View: Yes

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Driveway, Parking for Guests
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4459-017-016
  • Lot Location: Beach Front, Ocean Front
  • Lot Size Area: 8234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2025
Closed on
Sep 29, 2025
Sold by
W Randolph Schlegel Separate Property Tr and Zia Trust Inc
Bought by
Weiner Perrie M and Weiner Candice M
Seller's Agent
Madison Hildebrand
Compass
Buyer's Agent
Madison Hildebrand
Compass
List Price
$6,500,000
Sold Price
$5,250,000
Premium/Discount to List
-$1,250,000
-19.23%
Views
519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.89%
Original Mortgage
$3,937,500
Outstanding Balance
$3,937,500
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$1,822,471

Purchase Details

Closed on
Nov 26, 2013
Sold by
Gelt Llc
Bought by
Schlegel W Randolph and W Randolph Schlegel Separate Property Tr

Purchase Details

Closed on
Mar 9, 2010
Sold by
Griffin Lynn
Bought by
Gelt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Sold by
Griffin Lynn
Bought by
Griffin Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 1998
Sold by
Griffin Lynn
Bought by
Griffin Lynn and Lynn Griffin Living Trust
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 Type Sale Price Title Company
Grant Deed $5,250,000 Lawyers Title Company
Grant Deed -- None Available
Grant Deed $4,400,000 Equity Title Los Angeles
Interfamily Deed Transfer -- Investors Title Company
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,937,500 New Conventional
Previous Owner $3,000,000 Purchase Money Mortgage
Previous Owner $225,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2025 10/08/25 Sold $5,250,000 -19.2% $3,571 / Sq Ft
08/29/2025 08/29/25 Pending -- -- --
07/18/2025 07/18/25 For Sale $6,500,000 0.0% $4,422 / Sq Ft
07/15/2025 07/15/25 Pending -- -- --
04/03/2025 04/03/25 Price Changed $6,500,000 -7.0% $4,422 / Sq Ft
12/12/2024 12/12/24 For Sale $6,988,000 -- $4,754 / 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 $66,654 $6,885,000 $5,921,100 $963,900
2024 $66,654 $5,738,715 $5,528,401 $210,314
2023 $65,362 $5,626,192 $5,420,001 $206,191
2022 $64,579 $5,515,876 $5,313,727 $202,149
2021 $63,121 $5,407,723 $5,209,537 $198,186
2019 $61,899 $5,247,328 $5,055,020 $192,308
2018 $58,831 $5,144,440 $4,955,902 $188,538
2016 $56,761 $4,944,677 $4,763,459 $181,218
2015 $55,999 $4,870,404 $4,691,908 $178,496
2014 $55,138 $4,633,166 $4,580,519 $52,647
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-471805

The MLS

APN: 4459-017-016