NOT LISTED FOR SALE

Estimated Value: $5,129,000 - $8,122,000

1.65 Acres
$3,715,669 Price per Acre
71,909 Sq Ft Lot

Last Sold December 25, 2022

Last sale price $5,500,000 $764 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $38,114/month

17 Days on Market

Highlights

  • Horse Property
  • Horse Property Unimproved
  • Corner Lot
  • Malibu Elementary School Rated A
  • View of Trees or Woods

About This Lot

As of December 2022

First time on the market in almost 50 years, over 1.6 acres, existing north south tennis court, this property has coveted Riviera 3 beach rights to Little Dume beach with world class surfing. Property sold subject to court approval and overbid 09/29/2022. The minimum overbid will be $5,292,500.00. Subsequent overbids will be in amounts as determined by the Court. Any successful overbidder will step into the shoes of the current purchaser, with the sale of the Property made on an as is/where is basis, with no warranties or representations, and without any contingencies. See Attached notice regarding the Sale or contact Agent for more information

Last Agent to Sell the Property

Brian Merrick

Coldwell Banker Realty License #01204107 Listed on: 04/05/2022

Coldwell Banker Realty

Last Buyer's Agent

Shen Schulz

Sotheby's International Realty License #01327630

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $65,204

Lot Details

  • 1.65 Acre Lot
  • Corner Lot
  • Property is zoned LCRA1*

Property Views

  • Woods
  • Canyon
  • Mountain
  • Park or Greenbelt

Additional Features

  • Horse Property
  • Horse Property Unimproved
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 4466-017-004

Property Details

Property Type

Land

Est. Annual Taxes

$65,204

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 1.6508
  • Probate: No
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Street Description: Asphalt
  • View: Canyon, Fields, Green Belt, Trees/Woods, Mountains
  • View: Yes
  • Waterfront: Beach Rights

Utilities

  • Cable: No
  • Electric: In Street
  • Gas: In Street
  • Telephone Service: In Street
  • Telephone: No
  • Water: District

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: Yes
  • Assessor Parcel Number: 4466-017-004
  • Current Geological: No
  • Lot Description: Horse Property Unimproved, Horse Property
  • Lot Location: Corner Lot
  • Lot Size Area: 71908
  • Topography: Varied
  • Water Well: No

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2022
Sold by
Moldo Byron Z
Bought by
Stockwell/Henderson Family Trust
Current Estimated Value
$6,133,826
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
Stockwell/Henderson Family Trust $5,500,000 Orange Coast Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/25/2022 12/25/22 Sold $5,500,000 +11.1% $764 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $4,950,000 -- $688 / 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 $65,204 $5,722,200 $5,722,200 --
2024 $65,204 $5,610,000 $5,610,000 --
2023 $63,990 $5,500,000 $5,500,000 $0
2022 $2,373 $124,471 $97,927 $26,544
2021 $2,318 $122,031 $96,007 $26,024
2019 $2,267 $118,413 $93,160 $25,253
2018 $1,981 $116,092 $91,334 $24,758
2016 $1,907 $111,587 $87,789 $23,798
2015 $1,880 $109,912 $86,471 $23,441
2014 $1,897 $107,760 $84,778 $22,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-143611

The MLS

APN: 4466-017-004