NOT LISTED FOR SALE

26860 Malibu Cove Colony Dr Malibu, CA 90265

Estimated Value: $6,831,000 - $9,542,000

4 Beds
4.5 Baths
2,746 Sq Ft
$3,101/Sq Ft Est. Value

Highlights

  • Ocean View
  • 24-Hour Security
  • Furnished
  • Webster Elementary School Rated A
  • Two Primary Bedrooms
  • Den with Fireplace

About This Home

As of November 2013

This is your unique opportunity to lease a magnificent Malibu Beach Front home for a year in a private/24 hr. gated & guarded street. Wonderful architectural design with spectacular surrounding beauty of the Paradise Cove bay capturing panoramic views up & down the coast from almost every room. A model of functional beauty & simplicity, the home offers 4 bedrooms, two of which are master suites on the ocean with private balconies. The home is split into 2 wings brought together by a central bridge & foyer overlooking the ocean & deck. The social wing features a dramatic 2 story wall of glass that frames view of the Point Dume Peninsula. Your guests will enjoy fascinating sunsets from all living areas. An open kitchen strategically placed for easy entertainment looks onto a beautiful private front courtyard & the living areas that spill onto the large ocean front deck and the steps to the ocean. A truly amazing Malibu lifestyle!

Last Agent to Rent the Property

Rita Simpson

Sotheby's International Realty License #01705752 Listed on: 10/14/2013

Last Renter's Agent

Chris Cortazzo

Compass License #01190363

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,831

Year Built

  • Built in 1973

Lot Details

  • 7,521 Sq Ft Lot
  • Property is zoned LCR1*

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline

Interior Spaces

  • 2,746 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room
  • Dining Room
  • Den with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Association fees include security
  • 24-Hour Security

Listing and Financial Details

  • Security Deposit $46,500
  • Tenant pays for cable TV, electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4460-025-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,831

Year Built

Built in 1973

Lot Details

0

Parking

2

Rental Info

  • Credit Report Required: Yes
  • Furnished: Furnished
  • Lease Option: 1
  • Not Included In Rent: utilities, internet, trash
  • Rent Control: No
  • Security Deposit: 46500
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Single Family Or Apt: Single Family
  • Street Number Display: No
  • Complex Name: Malibu Cove Colony
  • Entry Floor: 1
  • Lease Terms: 1+Year
  • Living Area: 2746
  • Stories: 2
  • Unit Floor In Building: 1
  • Water Filled Furn Ins Required: No
  • Year Built: 1973
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 2
  • Fireplace Rooms: Den
  • Flooring: Carpet, Tile
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Garage
  • Maids Room: 1
  • Total Bathrooms: 4.50
  • Den: 1
  • Equipment: Cable, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 5.64

Exterior Features

  • Balcony: 4
  • Tennis Court Y/N: No
  • Exposure: South
  • Pool: No
  • View: Coastline, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Association/Amenities

  • Amenities: Security
  • Pet Rules: Call

Condo/Co-op/Association

  • Association Fees Include: Security

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4460-025-015
  • Geocode Override: No
  • Lot Size Area: 7521

Multi Family

  • Number Of Units: 1

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2020
Sold by
Buy Lease Or Rent Re Merger Co Inc
Bought by
26860 Malibu Cove Colony Llc
Current Estimated Value
$8,515,798

Purchase Details

Closed on
Mar 23, 2005
Sold by
Buy Lease Or Rent Real Estate Nv
Bought by
Buy Lease Or Rent Real Estate Merger Co
Source: Public Records

Range of Values:

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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
26860 Malibu Cove Colony Llc $6,250,000 Stewart Title Company Of Ca
Buy Lease Or Rent Real Estate Merger Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buy Lease Or Rent Real Estate Merger Com $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2013 11/21/13 Rented $15,000 -3.2% --
11/21/2013 11/21/13 Under Contract -- -- --
10/14/2013 10/14/13 For Rent $15,500 -- --
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 $76,831 $6,765,200 $5,412,160 $1,353,040
2024 $76,831 $6,632,550 $5,306,040 $1,326,510
2023 $75,406 $6,502,500 $5,202,000 $1,300,500
2022 $75,225 $6,441,045 $5,152,836 $1,288,209
2021 $73,503 $6,314,750 $5,051,800 $1,262,950
2020 $22,445 $1,870,724 $1,415,500 $455,224
2019 $22,131 $1,834,045 $1,387,746 $446,299
2018 $21,006 $1,798,085 $1,360,536 $437,549
2016 $20,227 $1,728,264 $1,307,705 $420,559
2015 $19,923 $1,702,305 $1,288,063 $414,242
2014 $19,663 $1,668,960 $1,262,832 $406,128
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2013

    Rita Simpson

    Sotheby's International Realty

    Section Image
  • Chris Cortazzo

    Tenant's Agent in 2013

    Chris Cortazzo

    Compass

    (310) 457-3995

    226 Total Sales

    Chris Cortazzo
    Section Image
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Map

Source: The MLS

MLS Number: 13-711367

The MLS

APN: 4460-025-015

California Los Angeles County Malibu 90265

26860 Malibu Cove Colony Dr, Malibu, CA

This home is located at 26860 Malibu Cove Colony Dr, Malibu, CA 90265 since 14 October 2013 and is currently priced at $8,515,798. This property was built in 1973. 26860 Malibu Cove Colony Dr is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

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