NOT LISTED FOR SALE

Estimated Value: $6,864,937 - $8,330,000

5 Beds
4 Baths
3,016 Sq Ft
$2,526/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $7,000,000 $2,321 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $49,091/month

384 Days on Market

Highlights

  • Guest House
  • RV Access or Parking
  • View of Trees or Woods
  • Malibu Elementary School Rated A
  • Oceanside
  • Midcentury Modern Architecture

About This Home

As of November 2022

Set behind gates at the end of a long driveway is a tranquil single-level, four bed, three bath mid-century home with exclusive deeded Riviera III beach key ownership, one bed, one bath guest house, and a detached structure ideal for creating an office, art studio, or yoga room, amidst over an acre of park-like lawns and mature trees. Located on a cul-de-sac road in the most desirable community of Point Dume, the well-appointed home is perfectly designed for indoor-outdoor living and entertaining. The serene and spacious interior features recessed lighting, Saltillo tile floors, neutral tones, and premium wood-framed French doors opening onto beautiful tree-shaded patios that extend the width of the entire home and wrap around both sides to a peaceful and private backyard. A large foyer opens to the sun-filled living room featuring high ceilings, fireplace, and French doors on three sides providing ample natural light in the adjacent dining room as well as the open kitchen just beyond. The fully equipped kitchen offers custom butcher block countertops, farmhouse sink, subway tile, custom island, custom cabinets, and premium Bertazzoni appliances with French doors opening onto the landscaped front patio with an al fresco dining area. A spacious, minimalist family room offers a wall of windows and French doors opening to trees and views, effectively bringing nature indoors and creating a retreat ideal for lounging. The main home has four beautifully appointed bedrooms, including the owner's suite with a custom walk-in closet, a luxe bath with a private courtyard, and French doors opening to manicured grounds. The modern, well-designed and light-filled one bed, one bath guest house features a living/dining area, full kitchen, walk-in closet, and an en-suite bedroom with a large patio and bucolic seating areas for outdoor entertaining. A paradise for privacy, entertaining and more. This residence, just moments away from the surf and sand, inspires a lifestyle of casual California living at its best.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 10/29/2021

Compass

Last Buyer's Agent

Kim Mac Donald

No Firm Affiliation License #01166310

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $82,747

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 123x360
  • Fenced Yard
  • Landscaped
  • Sprinklers on Timer
  • Lawn
  • Back and Front Yard
  • Property is zoned LCRA1*

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 3,016 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Double Door Entry
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Views of Woods
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Clay
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters
  • 4 Full Bathrooms
  • <<tubWithShowerToken>>
  • Linen Closet In Bathroom

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Private Parking
  • Gravel Driveway
  • Automatic Gate
  • RV Access or Parking

Outdoor Features

  • Room in yard for a pool
  • Oceanside
  • Brick Porch or Patio

Additional Homes

  • Guest House

Utilities

  • Central Heating
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4466-011-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$82,747

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Living Room
  • Living Area: 3016
  • Lot Acreage: 1.0192
  • Lot Dimensions: 123x360
  • Stories: 1
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, High Ceilings (9 Feet+), Drywall Walls, Recessed Lighting, Living Room Deck Attached, Detached/No Common Walls
  • Fireplace Rooms: Living Room
  • Flooring: Clay, Tile
  • Appliances: Range Hood, Built-Ins, Free Standing Gas, Microwave
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset, Dressing Area, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tile, Linen Closet, Shower Over Tub, Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Formal Dining Rm, In Kitchen, Living Room, Family Room, Kitchen Island, Breakfast Counter / Bar
  • Kitchen Features: Pantry, Island
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 2650.86

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Sliding Glass Doors, Double Door Entry, Sprinkler System
  • Other Structures: Other
  • Tennis Court: Room For
  • Tennis Court Y/N: No
  • Patio: Brick, Patio Open
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: Trees/Woods
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

  • Other Spaces: 10
  • Parking Garage: Auto Driveway Gate, RV Access, Driveway - Gravel, Uncovered, Private
  • Total Parking: 10

Utilities

  • Water Heater: Water Heater Unit
  • Heating: Central, Fireplace
  • Security: Smoke Detector, Owned
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 4466-011-022
  • Lot Description: Fenced Yard, Landscaped, Lawn, Automatic Gate, Street Paved, Back Yard, Front Yard, Yard
  • Lot Location: Ocean Side Of Highway 1, Patio Home, Park Nearby
  • Lot Size Area: 44396

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Nov 9, 2022
Sold by
St Phillip Trust
Bought by
Malibu Bison Single Llc
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Kim Mac Donald
No Firm Affiliation
List Price
$8,450,000
Sold Price
$7,000,000
Premium/Discount to List
-$1,450,000
-17.16%
Views
105
Current Estimated Value
$7,618,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$618,234
Avg. Annual Appreciation
4.28%

Purchase Details

Closed on
Jun 28, 2004
Sold by
Stphillip Thomas Peter
Bought by
Stphillip Thomas Peter and Cardenas Stphillip Erica Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,065,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2003
Sold by
Stphillip Thomas Peter
Bought by
Stphillip Thomas Peter and Cardenas Stphillip Erica Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2003
Sold by
Stphillip Thomas Peter
Bought by
Stphillip Thomas Peter and Cardenas Stphillip Erica Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 30, 2002
Sold by
Stphillip Thomas Peter
Bought by
Stphillip Thomas Peter and Cardenas Stphillip Erica Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.29%

Purchase Details

Closed on
Jun 30, 2000
Sold by
Cardenas Stphillip Erica Lyn
Bought by
Stphillip Thomas Peter and Cardenas Stphillip Erica Lyn

Purchase Details

Closed on
Jan 5, 1999
Sold by
Szentfulopi Tamas
Bought by
Stphillip Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 21, 1996
Sold by
Thiel Szentfulopi Renee
Bought by
Szentfulopi Thomas
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
Malibu Bison Single Llc $7,000,000 Equity Title
Stphillip Thomas Peter -- Lawyers Title Company
Stphillip Thomas Peter -- Lawyers Title Company
Stphillip Thomas Peter -- Lawyers Title Company
Stphillip Thomas Peter -- Lawyers Title Company
Stphillip Thomas Peter -- Lawyers Title Company
Stphillip Thomas Peter -- Lawyers Title Company
Stphillip Thomas Peter -- --
Stphillip Thomas Peter -- --
Stphillip Erica -- Progressive Title Company
Szentfulopi Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillip Thomas Peter St $3,100,000
Previous Owner Phillip Thomas Peter St $500,000
Previous Owner Phillip Thomas Peter St $125,000
Previous Owner St Phillip Thomas Peter $275,000
Previous Owner St Phillip Thomas Peter $2,700,000
Previous Owner St Phillip Thomas Peter $400,000
Previous Owner St Phillip Thomas Peter $2,250,000
Previous Owner St Phillip Thomas Peter $1,815,000
Previous Owner St Phillip Thomas Peter $1,694,000
Previous Owner St Phillip Thomas Peter $142,000
Previous Owner Stphillip Thomas Peter $500,000
Previous Owner Stphillip Thomas Peter $1,065,000
Previous Owner Stphillip Thomas Peter $750,000
Previous Owner Stphillip Thomas Peter $322,000
Previous Owner Stphillip Thomas Peter $750,000
Previous Owner Stphillip Erica $50,000
Previous Owner Stphillip Erica $699,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold $7,000,000 -12.4% $2,321 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
10/07/2022 10/07/22 Price Changed $7,995,000 -5.4% $2,651 / Sq Ft
04/16/2022 04/16/22 For Sale $8,450,000 +20.7% $2,802 / Sq Ft
04/15/2022 04/15/22 Off Market $7,000,000 -- --
10/29/2021 10/29/21 For Sale $8,450,000 -- $2,802 / 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
2024 $82,747 $7,140,000 $6,324,000 $816,000
2023 $81,218 $7,000,000 $6,200,000 $800,000
2022 $13,238 $1,060,992 $803,005 $257,987
2021 $12,914 $1,040,189 $787,260 $252,929
2019 $12,660 $1,009,338 $763,910 $245,428
2018 $11,907 $989,548 $748,932 $240,616
2016 $11,458 $951,125 $719,851 $231,274
2015 $11,304 $936,840 $709,039 $227,801
2014 $11,168 $918,489 $695,150 $223,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-799098

The MLS

APN: 4466-011-022