NOT LISTED FOR SALE

Estimated Value: $3,445,000 - $6,783,000

5 Beds
7.5 Baths
9,659 Sq Ft
$583/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $10,161,150 $1,052 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $33,909/month

196 Days on Market

Highlights

  • Detached Guest House
  • Sound Studio
  • Home Theater
  • Lupin Hill Elementary Rated A
  • Wine Cellar
  • Pool House

About This Home

As of January 2021

Past the gate house and over a private bridge, a world-class private sanctuary awaits. Nestled in the hills above Malibu, and commanding 5 acres of verdant grounds, waterfalls, koi ponds and lush gardens, this one-of-a-kind property is truly a world unto itself. Anchoring the property is the main residence, which despite its grand 9,700 sq feet of living area, remains both warm and inviting with a fabulous home theater, family kitchen, wine cellar, and beautiful double-height library. This stunning offering is completed by a 5 star resort pool, massage/meditation house, recording studio, pool house with full gym and guest room, plus an additional private guest house.

Last Agent to Sell the Property

Jonah Wilson

Carolwood Estates License #01078809 Listed on: 06/11/2020

Carolwood Estates

Co-Listed By

Tomer Fridman

Christie's International Real Estate SoCal License #01750717

Last Buyer's Agent

Josh Myler

The Agency License #01443547

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,261

Year Built

  • Built in 1991

Lot Details

  • 1.06 Acre Lot
  • Gated Home
  • Property is zoned LCA11*

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 6 Car Garage
  • 6 Open Parking Spaces
  • Circular Driveway

Home Design

  • Spanish Architecture

Interior Spaces

  • 9,659 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 7 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Library with Fireplace
  • Bonus Room
  • Sound Studio
  • Home Gym
  • Wood Flooring
  • Park or Greenbelt Views
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Gas Oven
  • Gas and Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Alarm System

Pool

  • Pool House
  • Cabana
  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Open Patio
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Grill

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Phone System

Community Details

  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 4456-011-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,261

Year Built

Built in 1991

Lot Details

0

HOA Fees

$50 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 9659
  • Lot Acreage: 1.0585
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1991
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Living Room, Fire Pit, Patio, Exterior, Library
  • Flooring: Hardwood, Mixed
  • Appliances: Gas/Electric Range, Oven-Gas
  • Bedrooms: 5
  • Fireplaces: 7
  • Full Bathroom: 7
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area, Formal Dining Rm, Family Kitchen, In Kitchen
  • Laundry: Inside, Room
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Intercom, Microwave, Phone System, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1112.95

Exterior Features

  • Other Structures: Cabana, GuestHouse, Pool House
  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Garage Spaces: 6
  • Other Spaces: 6
  • Parking Garage: Circular Driveway, Driveway, Garage
  • Total Parking: 12

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 50.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4456-011-029
  • Geocode Override: No
  • Lot Size Area: 204294

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2023
Sold by
Ledgewood Trust
Bought by
Dcre Trust
Current Estimated Value
$5,629,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,556,250
Outstanding Balance
$7,345,369
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
-$768,297

Purchase Details

Listed on
Jun 11, 2020
Closed on
Dec 7, 2020
Sold by
Lxa Llc
Bought by
Mckoy Michael and The Ledgewood Trust
Seller's Agent
Jonah Wilson
Carolwood Estates
Buyer's Agent
Josh Myler
The Agency
List Price
$10,750,000
Sold Price
$10,161,150
Premium/Discount to List
-$588,850
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.99%
Original Mortgage
$6,150,000
Interest Rate
2.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2014
Closed on
Nov 13, 2015
Sold by
Monte Nido Llc
Bought by
Lxa Llc
Seller's Agent
Tracy Bunetta
Sotheby's International Realty
Buyer's Agent
Denise Moreno
Hilton Hilton
List Price
$13,500,000
Sold Price
$10,000,000
Premium/Discount to List
-$3,500,000
-25.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.31%

Purchase Details

Closed on
Aug 22, 2011
Sold by
Purwin Alan and Purwin Kathryn
Bought by
Monte Nido Llc

Purchase Details

Closed on
Sep 27, 2004
Sold by
The Calabasas Trust and Shaw John Curtis
Bought by
Purwin Alan and Purwin Kathryn

Purchase Details

Closed on
Sep 9, 2003
Sold by
Rouse Richard A and Rouse Iby M
Bought by
The Calabasas Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,800,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 1994
Sold by
Rouse Rick and Rouse Iby
Bought by
Rouse Richard A and Rouse Iby M
Source: Public Records

Range of Values:

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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
Dcre Trust $11,625,000 First American Title
Mckoy Michael $10,161,500 Equity Title Company
Lxa Llc $10,000,000 None Available
Monte Nido Llc $6,300,063 Equity Title Los Angeles
Purwin Alan $5,501,000 Equity Title
The Calabasas Trust $4,750,000 --
Rouse Richard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dcre Trust $7,556,250
Previous Owner Ledgewood Trust $6,150,000
Previous Owner Mckoy Michael $6,150,000
Previous Owner Lxa Llc $5,000,000
Previous Owner The Calabasas Trust $3,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $10,161,150 -5.5% $1,052 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $10,750,000 +7.5% $1,113 / Sq Ft
12/04/2015 12/04/15 Sold $10,000,000 -21.6% $1,035 / Sq Ft
04/02/2015 04/02/15 Price Changed $12,750,000 -5.6% $1,320 / Sq Ft
08/06/2014 08/06/14 For Sale $13,500,000 -- $1,398 / 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 $38,261 $3,420,315 $1,617,822 $1,802,493
2024 $38,261 $3,353,250 $1,586,100 $1,767,150
2023 $65,997 $5,874,254 $1,712,654 $4,161,600
2022 $63,984 $5,759,073 $1,679,073 $4,080,000
2021 $58,287 $5,140,134 $3,280,937 $1,859,197
2020 $57,564 $5,087,430 $3,247,296 $1,840,134
2019 $56,168 $4,987,677 $3,183,624 $1,804,053
2018 $55,862 $4,889,880 $3,121,200 $1,768,680
2016 $52,958 $4,700,000 $3,000,000 $1,700,000
2015 $50,027 $4,447,956 $1,626,179 $2,821,777
2014 $49,271 $4,360,828 $1,594,325 $2,766,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-589502

The MLS

APN: 4456-011-029