$50,000,000

Estimated payment $294,168/month

Total Views 18,839
4 Beds
7 Baths
8,632 Sq Ft
$5,792 Price per Sq Ft

Highlights

  • Beach Front
  • White Water Ocean Views
  • Bluff on Lot
  • Malibu Elementary School Rated A
  • In Ground Pool
  • Wood Flooring

About This Home

Located in Malibu and the highly desirable enclave of Pt Dume is May's Landing, a landmark development opportunity set at the end of a beautiful and lavish cul-de-sac on Cliffside Drive. Property recently received a Coastal Development Permit from the City of Malibu. This magnificent bluff site features over 1.4 acres with 237 feet of wrap-around ocean view frontage and just 50 steps to a private gate accessing Little Dume beach, the most exclusive beach in all of Malibu, home to world class surfing. Designed by renowned XTEN architecture is an impressive light filled modern designed estate containing a living space of approximately 8,632 SQFT, including four bedrooms, seven baths with a fitness and wellness floor. The grounds are gated and designed by Ground Studio Landscape Architecture featuring a tree lined driveway, beautiful outdoor entertaining areas and a handsome pool overlooking the ocean and the Queen's necklace at night. Geologically engineered and permitted piles have been installed along the bluff edge. What has taken over a decade to entitle will be delivered shovel ready and one of the most exciting opportunities in Malibu today.

Listing Agent

Barry Kinyon

Compass License #01097786 Listed on: 12/02/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $205,249

Lot Details

  • 1.37 Acre Lot
  • Beach Front
  • Cul-De-Sac
  • South Facing Home
  • Gated Home
  • Bluff on Lot
  • Tear Down
  • Property is zoned LCRA1*

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Property Views

  • White Water Ocean
  • Coastline
  • City Lights

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 8,632 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Wood Flooring
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 7 Full Bathrooms

Pool

  • In Ground Pool
  • Permits for Pool

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Property is located within a water district
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4466-009-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$205,249

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 8632
  • Lot Acreage: 1.3677
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Tear Down
  • Stories: 2
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 7
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 7.00
  • Den: 0
  • Price Per S Q F T: 5792.40

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: Permits
  • Pool: Yes
  • Roof: Flat
  • Spa Yn: No
  • View: Coastline, City Lights, Water, White Water, Ocean
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Multi/Zone
  • Heating: Forced Air
  • Security: Gated
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 1500.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4466-009-032
  • Lot Description: Bluff Front
  • Lot Location: Bluff Front, Beach Front, Ocean Front, Beach Access, Cul-De-Sac
  • Lot Size Area: 59578

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $205,249 $17,853,264 $16,646,400 $1,206,864
2023 $201,473 $17,503,200 $16,320,000 $1,183,200
2022 $183,428 $15,795,848 $15,242,088 $553,760
2021 $179,218 $15,486,126 $14,943,224 $542,902
2019 $170,975 $14,615,601 $14,505,711 $109,890
2018 $162,356 $14,329,022 $14,221,286 $107,736
2016 $156,648 $13,772,610 $13,669,057 $103,553
2015 $154,454 $13,565,734 $13,463,736 $101,998
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 For Sale $50,000,000 0.0% --
12/02/2024 12/02/24 For Sale $50,000,000 +275.9% $5,792 / Sq Ft
06/18/2014 06/18/14 Sold $13,300,000 +39.3% $8,036 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $9,550,000 -- $5,770 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed -- None Available
Grant Deed -- Fidelity
Grant Deed -- First American Title Co
Interfamily Deed Transfer -- --
Grant Deed -- --
Interfamily Deed Transfer -- --
Gift Deed -- --
Interfamily Deed Transfer -- --
Quit Claim Deed -- Stewart Title
Quit Claim Deed -- Stewart Title
Quit Claim Deed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000,000 New Conventional
Closed $10,000,000 New Conventional
Closed $10,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $10,000,000 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: The MLS

MLS Number: 25499293

The MLS

APN: 4466-009-032