Seller's Agent in 2019
Chris Cortazzo
Compass
(310) 457-3995
36 in this area
226 Total Sales
28868 Cliffside Dr Malibu, CA 90265
Point Dume NeighborhoodEstimated Value: $5,791,000 - $36,921,628
3
Beds
3
Baths
2,273
Sq Ft
$9,396/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Attached Guest House
- Heated Spa
- Malibu Elementary School Rated A
- Home Theater
- Sauna
About This Home
As of March 2019On Malibu's prestigious Point Dume bluff top, this mid-century Ranch-style home w/contemporary interiors is located on a quiet cul-de-sac road w/beach access. Unstoppable 180 ocean views from every rm & wood flrs throughout features a huge great rm w/flr to ceiling glass windows w/high ceilings & wd burning FP. The dining area & gourmet kitchen of Caesarstone countertops is tied into the open floor plan. A wraparound wd deck & boardwalk lead to a cliffside lounge deck surrounded by a grassy lawn & drought tolerant low water consumption landscaping. The home offers a sun-filled owner's suite w/corner glass sliders & a luxe bath as well as a 2nd bdrm & separate GR w/private entrance. The front yard has a bocce ball court & a free-standing air-conditioned private office. The exterior architectural polycarbonate awnings block 90% of suns UV rays & decreases the heat index for comfortable outdoor living year round. Full site security includes laser beam technology & full camera coverage.
Co-Listed By
Kevin Augunas
Compass License #02033446
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $417,443
Lot Details
- 1.01 Acre Lot
- Gated Home
- Block Wall Fence
- Chain Link Fence
- Bluff on Lot
- Landscaped
- Irregular Lot
- Sprinklers on Timer
- Back and Front Yard
- Property is zoned LCRA1*
Property Views
- White Water Ocean
- Catalina
- Panoramic
- City Lights
Home Design
- Updated or Remodeled
- Turnkey
- Slab Foundation
- Metal Roof
Interior Spaces
- 2,273 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Wired For Sound
- Wired For Data
- Built-In Features
- High Ceiling
- Skylights
- Recessed Lighting
- Track Lighting
- Raised Hearth
- Gas Fireplace
- Awning
- Custom Window Coverings
- Sliding Doors
- Entryway
- Great Room with Fireplace
- 2 Fireplaces
- Living Room with Attached Deck
- Dining Area
- Home Theater
- Sauna
- Wood Flooring
Kitchen
- Gourmet Kitchen
- Convection Oven
- Gas Oven
- Gas Cooktop
- Range Hood
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Stone Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Powder Room
- 3 Full Bathrooms
- Granite Bathroom Countertops
- Bathtub with Shower
Laundry
- Laundry in Garage
- Dryer
- Washer
Home Security
- Security System Owned
- Security Lights
- Carbon Monoxide Detectors
- Fire Sprinkler System
Parking
- 22 Car Attached Garage
- Parking Storage or Cabinetry
- Garage Door Opener
- Gravel Driveway
- Automatic Gate
- Guest Parking
- RV Access or Parking
Pool
- Heated Spa
- Above Ground Spa
- Room in yard for a pool
Outdoor Features
- Oceanside
- Covered Patio or Porch
- Fire Pit
- Outdoor Grill
Additional Homes
- Attached Guest House
Utilities
- Central Heating and Cooling System
- Property is located within a water district
- Water Purifier
- Septic Tank
- Phone System
- Satellite Dish
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4466-009-008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 14, 2021
Sold by
Zumo Properties Llc
Bought by
28868 Cliffslde Llc
Current Estimated Value
Purchase Details
Listed on
Feb 6, 2019
Closed on
Feb 28, 2019
Sold by
Bear Button One Llc
Bought by
Zumo Properties Llc
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$21,750,000
Sold Price
$21,750,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.04%
Purchase Details
Listed on
Aug 29, 2017
Closed on
Apr 25, 2018
Sold by
Skyview Holdings Llc
Bought by
Bear Button One Llc
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Kevin Augunas
Compass
List Price
$22,500,000
Sold Price
$20,000,000
Premium/Discount to List
-$2,500,000
-11.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%
Purchase Details
Listed on
Nov 16, 2016
Closed on
Jan 19, 2017
Sold by
Simons Gliena M
Bought by
Skyview Holdings Llc
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$16,750,000
Sold Price
$16,000,000
Premium/Discount to List
-$750,000
-4.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.21%
Purchase Details
Closed on
Feb 2, 2016
Sold by
Simons Gilena M
Bought by
Simons Gilena M and Gilena Simons Living Trust
Purchase Details
Closed on
Nov 1, 2013
Sold by
Simons Gary C
Bought by
28868 Cliffside Llc
Purchase Details
Closed on
Feb 13, 2012
Sold by
Silshee Robert H and Jones Julie
Bought by
Simons Gary C and Simons Gilena M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 26, 2001
Sold by
Simons Gary C
Bought by
Simons Gary C and Simons Gilena M
Purchase Details
Closed on
Mar 20, 1995
Sold by
Silsbee Joan M and Malloy Dorothy G
Bought by
Silsbee Joan M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 28868 Cliffslde Llc | $35,000,000 | Usa National Title | |
| Zumo Properties Llc | $21,750,000 | Usa National Title Co | |
| Bear Button One Llc | $20,000,000 | Usa National Title Company | |
| Skyview Holdings Llc | $16,000,000 | Usa National Title | |
| Simons Gilena M | -- | Accommodation | |
| Simons Gilena M | -- | Accommodation | |
| Simons Gary C | -- | Accommodation | |
| 28868 Cliffside Llc | -- | None Available | |
| Simons Gary C | $10,000,100 | Fidelity Van Nuys | |
| Simons Gary C | -- | Accommodation | |
| Silsbee Joan M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 28868 Cliffside Llc | $5,000,000 | |
| Previous Owner | Simons Gary C | $5,000,000 | |
| Previous Owner | Silsbee Joan M | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2019 03/07/19 | Sold | $21,750,000 | 0.0% | $9,569 / Sq Ft |
| 02/25/2019 02/25/19 | Pending | -- | -- | -- |
| 02/06/2019 02/06/19 | For Sale | $21,750,000 | +8.8% | $9,569 / Sq Ft |
| 05/01/2018 05/01/18 | Sold | $20,000,000 | -7.0% | $8,799 / Sq Ft |
| 12/05/2017 12/05/17 | Price Changed | $21,500,000 | -4.4% | $9,459 / Sq Ft |
| 08/29/2017 08/29/17 | For Sale | $22,500,000 | +40.6% | $9,899 / Sq Ft |
| 01/23/2017 01/23/17 | Sold | $16,000,000 | -4.5% | $7,039 / Sq Ft |
| 12/30/2016 12/30/16 | Pending | -- | -- | -- |
| 11/16/2016 11/16/16 | For Sale | $16,750,000 | -- | $7,369 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $417,443 | $37,142,280 | $36,081,072 | $1,061,208 |
| 2024 | $417,443 | $36,414,000 | $35,373,600 | $1,040,400 |
| 2023 | $409,909 | $35,700,000 | $34,680,000 | $1,020,000 |
| 2022 | $405,187 | $35,000,000 | $34,000,000 | $1,000,000 |
| 2021 | $258,982 | $22,414,836 | $21,641,911 | $772,925 |
| 2020 | $257,538 | $22,185,000 | $21,420,000 | $765,000 |
| 2019 | $15,227 | $20,400,000 | $19,890,000 | $510,000 |
| 2018 | $184,835 | $16,320,000 | $13,770,000 | $2,550,000 |
| 2016 | $120,852 | $10,610,405 | $10,185,990 | $424,415 |
| 2015 | $119,230 | $10,451,027 | $10,032,987 | $418,040 |
| 2014 | $117,384 | $10,246,307 | $9,836,455 | $409,852 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Cortazzo
-
K
Seller Co-Listing Agent in 2019
Kevin Augunas
Compass
Map
Source: The MLS
MLS Number: 19-431716
APN: 4466-009-008
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© 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.
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