$1,205,000
SOLD SEP 4, 2025
3 Beds
2.5 Baths
1,950 Sq Ft
5,480 Sq Ft Lot

Recently Sold

$618 Per Sq Ft

36% Below List Price

73 Days on Market

Highlights

  • Ocean View
  • Spa
  • Living Room with Fireplace
  • Webster Elementary School Rated A
  • Cape Cod Architecture
  • Bonus Room

About This Home

As of September 2025

BRING ALL OFFERS! LOWEST PRICED HOME IN ALL OF MALIBU! Offer deadline is Wednesday, June 25, 2025. Set on a promontory with breathtaking views of the ocean and Solstice Canyon, this home presents a rare opportunity to own a piece of Malibu paradise! With tasteful recent updates, this 3-bedroom, 2.5-bath home exudes idyllic indoor-outdoor living with peaceful canyon charm. The main level features airy, light-filled living spaces, updated flooring and finishes, a refreshed kitchen with stainless steel appliances, and remodeled bathrooms. An extra large bonus room adds flexibility for a media and game room, home office, gym, or creative space. Sliding glass doors lead to a massive 950 SF entertainment deck with awe-inspiring mountain views as your backdrop, an ideal setting for relaxing in the built-in spa or hosting gatherings. Upstairs, the primary suite opens to a beautiful large upper deck with panoramic canyon and ocean views, also accessible from the main floor. Two additional guest bedrooms complete the upper level. Just minutes from PCH and the beach, experience the best of both worlds: peaceful, nature-filled living with easy access to Malibu's best restaurants, schools, and coastline. Whether you're seeking a full-time residence or weekend retreat, this ocean and mountain view property is an incredible value in an unbeatable setting.

Last Agent to Sell the Property

Ryan Jancula

Compass License #01904981 Listed on: 04/15/2025

Compass

Co-Listed By

Dasha Iarikova

Compass License #02181248

Last Buyer's Agent

Ryan Jancula

Compass License #01904981 Listed on: 04/15/2025

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 5,479 Sq Ft Lot
  • Property is zoned LCR17500*

Property Views

  • Ocean
  • Canyon
  • Mountain

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Laminate Flooring
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room

Parking

  • 4 Parking Spaces
  • Carport
  • Driveway

Additional Features

  • Spa
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4457-009-013

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

5,479 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 1950
  • Lot Acreage: 0.1258
  • Stories: 2
  • Year Built: 1984
  • State Abbrv: CA
  • Special Features: 1028

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Refrigerator, Range/Oven, Microwave
  • Price Per S Q F T: 512.31

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: Canyon, Ocean, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway, Carport, Covered Parking
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4457-009-013
  • Lot Size Area: 5479

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2025
Closed on
Jul 7, 2025
Sold by
Shafai John Z
Bought by
Haines Matthew Brad
Seller's Agent
Ryan Jancula
Compass
Buyer's Agent
Ryan Jancula
Compass
List Price
$1,895,000
Sold Price
$1,205,000
Premium/Discount to List
-$690,000
-36.41%
Views
238
Current Estimated Value
$1,399,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,752
Avg. Annual Appreciation
32.67%
Original Mortgage
$964,000
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2005
Sold by
Brokaw Joel S and Brokaw Mette F
Bought by
Shafai John Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$788,250
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2005
Sold by
Shafai Kymberley R
Bought by
Shafai John Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$788,250
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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 $1,205,000 Chicago Title Company
Grant Deed $1,051,000 Equity Title
Interfamily Deed Transfer -- Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $964,000 New Conventional
Previous Owner $788,250 Purchase Money Mortgage
Closed $52,550 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2025 09/04/25 Sold $1,205,000 +20.6% $618 / Sq Ft
06/27/2025 06/27/25 Pending -- -- --
06/20/2025 06/20/25 Price Changed $999,000 -41.1% $512 / Sq Ft
05/07/2025 05/07/25 Price Changed $1,695,000 -15.3% $869 / Sq Ft
04/22/2025 04/22/25 Price Changed $2,000,000 +5.5% $1,026 / Sq Ft
04/15/2025 04/15/25 For Sale $1,895,000 -- $972 / Sq Ft
Source: The MLS

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 $16,315 $1,370,864 $1,151,228 $219,636
2024 $16,315 $1,343,985 $1,128,655 $215,330
2023 $15,950 $1,317,633 $1,106,525 $211,108
2022 $15,727 $1,291,798 $1,084,829 $206,969
2021 $15,332 $1,266,469 $1,063,558 $202,911
2019 $14,970 $1,228,907 $1,032,013 $196,894
2018 $15,207 $1,287,537 $1,011,778 $275,759
2016 $14,640 $1,237,542 $972,491 $265,051
2015 $14,442 $1,218,954 $957,884 $261,070
2014 $14,236 $1,195,077 $939,121 $255,956
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25525537

The MLS

APN: 4457-009-013

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