$2,850,000
SOLD JAN 6, 2025
3 Beds
2.5 Baths
2,320 Sq Ft
10,782 Sq Ft Lot

Recently Sold

$1,228 Per Sq Ft

5% Below List Price

92 Days on Market

Highlights

  • Ocean View
  • New Construction
  • Gourmet Kitchen
  • Webster Elementary School Rated A
  • Solar Power System
  • Engineered Wood Flooring

About This Home

As of January 2025

MALIBU, BRAND-NEW CONSTRUCTION, OCEAN VIEWS, 3 MINUTES TO THE SAND. Approx. 3133sf under roof, with absolutely spectacular ocean and Malibu views from virtually every room. Situated on a double lot consisting of just under a 1/4 acre, this modern gem has been architecturally designed to take full advantage of forever views and privacy. FLOOR PLAN AND FEATURES ARE IN DOCUMENTS ATTACHED TO MLS LISTING. Volume ceilings, walls of glass, and an open concept that flows seamlessly from indoors to the outside. Constructed with energy efficient and smart features. Off-street parking for up to 6 cars, rich custom finishes throughout. The real stars of this property are the views, and the brilliant design that captures every facet of the vistas from Paradise Cove to Solstice Canyon. The gourmet kitchen is richly appointed with Viking and Bosch appliances, custom white oak cabinetry, pantry, wine refrigerator and large island. Grand style living room with 12ft ceilings, 80" FP and spectacular views. All the spaces are married through the extensive use of wrap-around decking, continuous clean lines, with ocean and mountain views as the backdrop. Centrally located approx. 2 min. drive to the sand, 5 minutes to Pepperdine University, Webster Elementary, downtown Malibu shops and dining. Builder's list of features and plans are available. 3 photos of mature landscaping have been digitally enhanced. FROM A SELLER THAT VALUES BUYERS AND THEIR AGENTS!

Last Agent to Sell the Property

kelly Pessis

Compass License #01254996 Listed on: 11/08/2024

Compass

Last Buyer's Agent

Cara Steele

Coastal Premier Properties License #01972978

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,053

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 10,782 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Lawn
  • Property is zoned LCA11*

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Driveway

Property Views

  • Ocean
  • Mountain

Home Design

  • Turnkey
  • Stucco

Interior Spaces

  • 2,320 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Center Hall
  • Engineered Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Bidet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer

Home Security

  • Prewired Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Living Room Balcony
  • Open Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Septic Tank

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4457-017-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,053

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: New Project
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Brand New construction of approximately 3133sqft under roof, 3 minutes to the beach, with absolutely spectacular ocean and Malibu views from virtually every space of this home and yard. Situated on an almost 1/4 acre double lot, this modern gem has been architecturally designed to take full advantage of forever views and privacy, with volume ceilings, walls of glass, and an open concept that flows seamlessly from indoors to the outside. Energy efficient features, including solar, 4 car parking and rich finishes, all enhance this new build. But the real star of this property is the view, and the brilliant design that captures every facet of that view, from Paradise Cove to Solstice Canyon. Call LISTING AGENT, KELLY PESSIS 310.980.5373 for APPOINTMENT, and the most up to date, accurate information.
  • Entry Location: Main Level
  • Living Area: 2320
  • Lot Acreage: 0.2475
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: New Construction
  • Year Built: 2024
  • Number Of Photos: 65
  • State Abbrv: CA
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Interior Amenities: Built-Ins, High Ceilings (9 Feet+), Living Room Balcony, Turnkey, Pre-wired for surround sound, Recessed Lighting, Bidet
  • Fireplace Rooms: Living Room
  • Flooring: Engineered Hardwood
  • Appliances: Built-In And Free Standing, Microwave, Built-Ins, Oven
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Primary Suite, WalkInCloset, Main Floor Primary Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Formal Dining Rm
  • Kitchen Features: Island, Gourmet Kitchen, Pantry
  • Laundry: On Upper Level, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Garbage Disposal, Freezer, Gas Dryer Hookup, Range/Oven, Refrigerator, Solar Panels, Washer, Dishwasher, Gas Or Electric Dryer Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 1292.03
  • Windows: Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, Custom Built, Energy Efficient, High Ceilings (9 Feet+), Sprinkler System, Sliding Glass Doors, Service Entrance, Rain Gutters
  • Other Structures: None
  • Patio: Living Room Balcony
  • Pool: No
  • Spa Yn: No
  • View: Ocean, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Side By Side, Garage - 2 Car, Driveway - Concrete
  • Total Parking: 4

Utilities

  • Volt 220: In Garage, In Kitchen, In Laundry
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Fire and Smoke Detection System, Carbon Monoxide Detector(s), Smoke Detector, Fire Sprinklers, Prewired for alarm system
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report, Coastal Commission
  • Assessor Parcel Number: 4457-017-021
  • Lot Description: Landscaped, Yard, Lawn, 2-4 Lots, Gutters
  • Lot Size Area: 10782

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Jan 2, 2025
Sold by
Perrin Richard K
Bought by
Wilson Samuel and Wilson Susan
Seller's Agent
kelly Pessis
Compass
Buyer's Agent
Cara Steele
Coastal Premier Properties
List Price
$2,997,500
Sold Price
$2,850,000
Premium/Discount to List
-$147,500
-4.92%
Views
63
Current Estimated Value
$2,879,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,500
Avg. Annual Appreciation
-14.49%
Original Mortgage
$500,000
Outstanding Balance
$497,426
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$2,101,074

Purchase Details

Listed on
Nov 8, 2024
Closed on
Dec 31, 2024
Sold by
Wilson Samuel L and Wilson Susan M
Bought by
Samuel And Susan Wilson Family Trust and Wilson
Seller's Agent
kelly Pessis
Compass
Buyer's Agent
Cara Steele
Coastal Premier Properties
List Price
$2,997,500
Sold Price
$2,850,000
Premium/Discount to List
-$147,500
-4.92%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$497,426
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$2,101,074
Source: Public Records

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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 Type Sale Price Title Company
Grant Deed $2,850,000 Lawyers Title
Grant Deed $2,850,000 Lawyers Title
Quit Claim Deed -- Lawyers Title
Quit Claim Deed -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Closed $500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold $2,850,000 -4.9% $1,228 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
11/08/2024 11/08/24 For Sale $2,997,500 +5.2% $1,292 / Sq Ft
10/31/2024 10/31/24 Off Market $2,850,000 -- --
09/08/2024 09/08/24 For Sale $3,125,000 +9.6% $1,347 / Sq Ft
09/08/2024 09/08/24 Off Market $2,850,000 -- --
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 $4,053 $306,455 $306,455 --
2024 $4,053 $300,447 $300,447 --
2023 $3,954 $294,556 $294,556 $0
2022 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-437247

The MLS

APN: 4457-017-021