NOT LISTED FOR SALE

Estimated Value: $6,695,000 - $9,832,000

3 Beds
3.5 Baths
2,438 Sq Ft
$3,553/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $9,000,000 $3,692 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $55,772/month

33 Days on Market

Highlights

  • 24-Hour Security
  • Mountain View
  • Living Room with Fireplace
  • Malibu Elementary School Rated A
  • Property is near public transit
  • Double Shower

About This Home

As of August 2023

Set amidst an acre of gardens, this charming home has all the privacy of a country estate set in the convenient heart of Point Dume. Built on a single level with soaring, beamed ceilings and enormous windows, the garden property is beautifully detailed inside and out. Hand-chiseled hickory floors, Ann Sacks tiles, and exceptionally comfortable furnishings create a lovely setting for tranquil living and lively indoor-outdoor entertaining. Off the foyer, the light-filled, double-height living/dining great room, with a large fireplace, opens to a large flagstone patio through three sets of folding glass doors topped by clerestory windows. The patio, surrounded by flower beds, fountain, and lawn, has a large fireplace and is furnished for al fresco dining and casual lounging. Adjacent to the dining room, the chef's kitchen features soapstone countertops, an island topped with Carrera marble, top-quality appliances, a breakfast bar, desk space, abundant cabinets, a farmhouse sink, and an additional refrigerator and freezer drawers. The spacious family room, with a wall of shelving and a large flatscreen, is roomy enough for large gatherings and cozy enough for quiet escape. A hallway off the living room leads to a wing with an office with a built-in desk and a window seat, plus three bedrooms. Here, the primary suite is gorgeous and charming, with a sunroom that opens onto the backyard, a walk-in closet, and a large tiled bath with dual vanities. The grounds of this enchanting home suggest relaxing strolls, long naps, and bucolic entertaining. The back patio has an outdoor kitchen complete with Lynx barbecue and bluestone counter bar. At one edge of the lawn is a small flower bed and a curved bench built of massive stones. From the patio, a flagstone path extends past rose beds to a footbridge that leads to a huge irrigated flower, vegetable, and herb garden complete with raised beds, chicken coop, garden sheds, a bench, and productive 15 types of fruit trees, which include citrus, apricot, mulberry, and pomegranate trees. Throughout this gated property, hedges and mature trees emphasize privacy. The home has a two-car garage, with a gym setup, plus additional guest parking. Equipped with security, built-in sound, radiant heat, heated outdoor shower, and a variety of smart-home features, this non-toxic home is a peaceful sanctuary in one of Southern California's most desirable communities.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 06/22/2023

Compass

Last Buyer's Agent

Davina O'Donnell

Berkshire Hathaway HomeServices California Propert License #01000976

Berkshire Hathaway HomeServices California Propert

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $103,969

Year Built

  • Built in 1956

Lot Details

  • 1.01 Acre Lot
  • Fenced Yard
  • Gated Home
  • Landscaped
  • Sprinkler System
  • Lawn
  • Back and Front Yard
  • Property is zoned LCRA1*

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • Guest Parking
  • On-Street Parking
  • Off-Site Parking
  • Unassigned Parking

Property Views

  • Mountain
  • Hills

Home Design

  • Traditional Architecture
  • Turnkey

Interior Spaces

  • 2,438 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • French Doors
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Office
  • Alarm System
  • Laundry Room

Kitchen

  • Double Convection Oven
  • Range with Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Bathtub with Shower
  • Double Shower

Outdoor Features

  • Open Patio
  • Outdoor Fireplace
  • Shed
  • Built-In Barbecue

Location

  • Property is near public transit

Utilities

  • Radiant Heating System
  • Property is located within a water district
  • Water Purifier
  • Septic Tank

Community Details

  • No Home Owners Association
  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 4466-018-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$103,969

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Living Area: 2438
  • Lot Acreage: 1.0105
  • Stories: 1
  • Year Built: 1956
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Built-Ins, Detached/No Common Walls, Cathedral-Vaulted Ceilings, Beamed Ceiling(s), Turnkey, Recessed Lighting
  • Fireplace Rooms: Gas and Wood, Living Room, Exterior
  • Flooring: Wood, Tile, Stone Tile
  • Appliances: Built-In BBQ, Built-Ins, Built-In Gas, Convection Oven, Double Oven, Range Hood, Range
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Double Vanity(s), Shower Stall, Shower and Tub, Powder Room, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Kitchen Island, In Kitchen, Living Room, Dining Area
  • Kitchen Features: Island, Stone Counters, Marble Counters
  • Laundry: Inside, Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Freezer, Built-Ins, Garbage Disposal, Hood Fan, Ceiling Fan, Water Filter, Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 3689.50

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Sprinkler System, French Doors, Barbecue Private
  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Patio: Patio Open, Rock/Stone
  • Pool: No
  • Spa Yn: No
  • View: Mountains, Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Private, Door Opener, Driveway, Covered Parking, Offsite, On street, Parking for Guests, Parking for Guests - Onsite, Parking Space, Uncovered, Unassigned
  • Total Parking: 6

Utilities

  • Heating: Radiant
  • Security: 24 Hour, Automatic Gate, Prewired for alarm system, Gated
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 4466-018-021
  • Lot Description: Automatic Gate, Back Yard, Fenced Yard, Fenced, Landscaped, Lawn, Street Paved, Front Yard
  • Lot Location: Near Public Transit
  • Lot Size Area: 44017

Rental Info

  • Furnished: Furnished

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Aug 8, 2023
Sold by
Donat Family Trust and Donat Lucas
Bought by
Estrella Trust and Cattalini
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Davina O'Donnell
Berkshire Hathaway HomeServices California Propert
List Price
$8,995,000
Sold Price
$9,000,000
Premium/Discount to List
$5,000
0.06%
Views
836
Current Estimated Value
$8,662,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$337,571
Avg. Annual Appreciation
-1.90%
Original Mortgage
$5,850,000
Outstanding Balance
$5,721,685
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$2,940,744

Purchase Details

Closed on
Oct 13, 2021
Sold by
Donat Lucas and Donat Traci
Bought by
Donat Lucas and Donat Traci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,375
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2005
Sold by
Donat Lucas and Donat Traci
Bought by
Donat Lucas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2004
Sold by
Donat Lucas and Donat Traci
Bought by
Donat Lucas

Purchase Details

Closed on
Aug 12, 1994
Sold by
Cozen Kevin and Cozen Carolynn
Bought by
Donat Lucas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,000
Interest Rate
3.37%
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
Estrella Trust $9,000,000 Consumers Title Company
Donat Lucas -- Title Connect Inc
Donat Lucas -- Title Connect Inc
Donat Lucas -- --
Donat Lucas -- --
Donat Lucas -- --
Donat Lucas $747,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrella Trust $5,850,000
Previous Owner Donat Lucas $822,375
Previous Owner Donat Lucas $800,000
Previous Owner Donat Lucas $1,100,000
Previous Owner Donat Lucas $1,100,000
Previous Owner Donat Lucas $900,000
Previous Owner Donat Lucas $1,100,000
Previous Owner Donat Lucas $559,000
Previous Owner Donat Lucas $557,500
Previous Owner Donat Lucas $571,000
Previous Owner Donat Lucas $598,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $9,000,000 +0.1% $3,692 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $8,995,000 -- $3,689 / 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 $103,969 $9,180,000 $8,267,100 $912,900
2024 $103,969 $9,000,000 $8,105,000 $895,000
2023 $17,209 $1,420,757 $791,574 $629,183
2022 $16,949 $1,392,900 $776,053 $616,847
2021 $16,534 $1,365,589 $760,837 $604,752
2019 $16,206 $1,325,087 $738,271 $586,816
2018 $15,344 $1,299,106 $723,796 $575,310
2016 $14,766 $1,248,662 $695,691 $552,971
2015 $14,567 $1,229,907 $685,242 $544,665
2014 $14,379 $1,205,816 $671,820 $533,996
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-283581

The MLS

APN: 4466-018-021