NOT LISTED FOR SALE

28022 Sea Dr Malibu, CA 90265

Escondido Beach Neighborhood

Estimated Value: $6,080,000 - $9,733,000

4 Beds
6 Baths
2,800 Sq Ft
$2,998/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $8,000,000 $2,857 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $53,570/month

217 Days on Market

Highlights

  • Ocean View
  • Tennis Courts
  • Gourmet Kitchen
  • Webster Elementary School Rated A
  • In Ground Pool
  • Two Primary Bedrooms

About This Home

As of September 2020

Malibu Paradise Cove Beach Bluff Estate with Deeded Beach Rights/Access. Property is private, gated and located within the highly coveted gated Sea Lane Community. Chefs kitchen with top of the line appliances & opens into living & dining areas. Two other bedrooms downstairs with a shared bathroom. Separate bedroom and room with a shared bathroom for use as an office, study, art studio or bedroom. Two master suites upstairs with en-suite bathrooms & private balconies. One has an ocean view & the other has a pool view. Outdoor sitting & entertaining areas with pool, spa & built-in BBQ. Additional outdoor bath & shower. The property extends across the road to a shared tennis court and adjacent land. Deeded beach access down stairs to Paradise Cove Beach offers Malibu living at its best! All just a short distance to the Paradise Cove Pier & Restaurant. Property available for lease starting October 1, 2020.

Last Agent to Sell the Property

Lisa Laughlin

Sotheby's International Realty License #01245374 Listed on: 01/23/2020

Last Buyer's Agent

Kurt Rappaport

Westside Estate Agency Inc. License #01036061

Westside Estate Agency Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $98,185

Year Built

  • Built in 1973

Lot Details

  • 0.54 Acre Lot
  • Fenced
  • Property is zoned LCR1-20000

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Side by Side Parking
  • Guest Parking
  • Controlled Entrance

Property Views

  • Ocean
  • Woods
  • Peek-A-Boo

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Entryway
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Area
  • Bonus Room with Fireplace
  • Loft

Kitchen

  • Gourmet Kitchen
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa
  • Above Ground Spa

Outdoor Features

  • Tennis Courts
  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Community Details

  • No Home Owners Association
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 4460-033-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$98,185

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2800
  • Stories: 2
  • Year Built: 1973
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom, Wood Burning, Bonus Room
  • Flooring: Mixed
  • Appliances: Built-Ins, Cooktop - Gas, Built-In BBQ
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 2
  • Bedroom Features: 2 Master Bedrooms, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Family Kitchen, Kitchen Island
  • Kitchen Features: Island, Gourmet Kitchen
  • Laundry: Garage
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 2785.71

Exterior Features

  • Other Features: Balcony, Barbecue Private
  • Other Structures: Other
  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: Above Ground, In Ground
  • Spa Yn: Yes
  • View: Ocean, Peek-A-Boo, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Attached, Controlled Entrance, Garage - 2 Car, Garage Is Attached, Parking for Guests - Onsite, Side By Side
  • Total Parking: 6

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4460-033-021
  • Geocode Override: No
  • Lot Description: Fenced, Gated Community
  • Lot Size Area: 23519

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Sep 2, 2020
Sold by
Broccoli Christina and Christina Broccoli Management
Bought by
Rws Sea Lane Llc
Seller's Agent
Lisa Laughlin
Sotheby's International Realty
Buyer's Agent
Kurt Rappaport
Westside Estate Agency Inc.
List Price
$11,750,000
Sold Price
$8,000,000
Premium/Discount to List
-$3,750,000
-31.91%
Current Estimated Value
$8,394,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,990
Avg. Annual Appreciation
0.97%

Purchase Details

Closed on
Sep 23, 2005
Sold by
Kurasch Katharine
Bought by
Broccoli Christina and Davis Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$987,500
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 12, 2004
Sold by
Sills Gregory H and Sills Laureen N
Bought by
Kurasch Katharine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage
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
Rws Sea Lane Llc $8,000,000 First American Title
Broccoli Christina -- Equity Title
Kurasch Katharine $2,500,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rws Sea Lane Llc $4,000,000
Previous Owner Kurasch Katharine $987,500
Previous Owner Kurasch Katharine $500,000
Previous Owner Kurasch Katharine $370,000
Previous Owner Kurasch Katharine $1,750,000
Previous Owner Sills Gregory H $1,075,000
Previous Owner Sills Gregory H $650,000
Previous Owner Sills Gregory H $140,000
Previous Owner Sills Gregory H $840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $8,000,000 +2.6% $2,857 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/21/2020 08/21/20 Price Changed $7,800,000 -5.5% $2,786 / Sq Ft
06/16/2020 06/16/20 Price Changed $8,250,000 -7.3% $2,946 / Sq Ft
06/08/2020 06/08/20 Price Changed $8,900,000 -6.6% $3,179 / Sq Ft
02/24/2020 02/24/20 Price Changed $9,530,000 -18.9% $3,404 / Sq Ft
01/23/2020 01/23/20 For Sale $11,750,000 -- $4,196 / 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 $98,185 $8,659,455 $6,927,565 $1,731,890
2024 $98,185 $8,489,663 $6,791,731 $1,697,932
2023 $96,379 $8,323,200 $6,658,560 $1,664,640
2022 $95,234 $8,160,000 $6,528,000 $1,632,000
2021 $93,024 $8,000,000 $6,400,000 $1,600,000
2020 $60,102 $5,123,229 $4,623,407 $499,822
2019 $59,269 $5,022,774 $4,532,752 $490,022
2018 $56,228 $4,924,289 $4,443,875 $480,414
2016 $54,214 $4,733,075 $4,271,315 $461,760
2015 $53,485 $4,661,980 $4,207,156 $454,824
2014 $52,669 $4,570,659 $4,124,744 $445,915
Source: Public Records

Agents Affiliated with this Home

  • Lisa Laughlin

    Seller's Agent in 2020

    Lisa Laughlin

    Sotheby's International Realty

    (805) 390-5916

    2 in this area

    7 Total Sales

    Lisa Laughlin
    Section Image
  • Kurt Rappaport

    Buyer's Agent in 2020

    Kurt Rappaport

    Westside Estate Agency Inc.

    (310) 247-7770

    3 in this area

    101 Total Sales

    Kurt Rappaport
    Section Image
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Map

Source: The MLS

MLS Number: 20-546112

The MLS

APN: 4460-033-021

California Los Angeles County Malibu 90265 Escondido Beach

28022 Sea Dr, Malibu, CA

This home is located at 28022 Sea Dr, Malibu, CA 90265 since 23 January 2020 and is currently estimated at $8,394,990, approximately $2,998 per square foot. This property was built in 1973. 28022 Sea Dr is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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