$1,699,000
UNDER CONTRACT $300K PRICE DROP

Estimated payment $10,042/month

Total Views 26,551
3 Beds
2 Baths
1,700 Sq Ft
$999 Price per Sq Ft

Highlights

  • Lake View
  • 1.9 Acre Lot
  • Loft
  • Sumac Elementary School Rated A
  • Community Lake
  • No HOA

About This Home

Discover this unique 2-acre Malibu Lake property featuring an existing home, unmatched potential, and timeless charm.?The house exudes character and quality, is filled with natural light, and is designed for a truly organic lifestyle.
Surrounded by mature trees, flowers, and fruit orchards, the grounds offer privacy and a rustic, down-to-earth atmosphere. Whether you're cultivating a vegetable garden, hosting horses and pets, creating an artist's retreat, or simply enjoying the serenity of this magical space, you’ll find endless inspiration here.
Malibu Lake—known as the "Three Magical Miles"—is a paradise for outdoor enthusiasts and those seeking a quiet, artsy, and eclectic neighborhood. With Malibu Creek State Park just down the road, you'll have access to exceptional hiking, biking, and horseback riding.
The home features spacious interiors full of character, along with the flexibility to create your ideal workspace. There's even the option for a recording studio or private office downstairs with its own entrance.
Whether you’re looking for a peaceful retreat, a vibrant creative hub, space for your favorite farm animals and pets, or a place to bring your dreams and projects to life, this property offers both versatility and serenity. You can even build your dream home while living in the current home.
Come experience the extraordinary beauty and magic of Malibu Lake for yourself.

Listing Agent

Lisa Gutman

Equity Union Brokerage Phone: 818-535-0862 License #00966153 Listed on: 04/21/2025

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,409

Year Built

  • Built in 1926

Lot Details

  • 1.9 Acre Lot
  • Cul-De-Sac
  • Rural Setting
  • Garden
  • Back and Front Yard
  • Density is 2-5 Units/Acre
  • Property is zoned LCR175

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available

Property Views

  • Lake
  • Hills

Interior Spaces

  • 1,700 Sq Ft Home
  • 3-Story Property
  • Family Room with Fireplace
  • Loft
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Horse Facilities and Amenities

  • Horse Property Improved

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 9375
  • Assessor Parcel Number 4462017044
  • $517 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Malibu Lake/Lakeside Subdivision
  • Community Lake
  • Foothills

Recreation

  • Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,409

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Malibu Lake/Lakeside (863)
  • View: Yes
  • Zoning: LCR175
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4462017044
  • Year Built: 1926
  • Special Features: UnderContract

Interior Features

  • Fireplace: Yes
  • Living Area: 1700.00 Square Feet
  • Stories: 3
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 999.41
  • Room Type: Family Room, Kitchen, Laundry, Loft

Exterior Features

  • View: Hills, Lake
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Foothills, Hiking, Lake, Horse Trails, Park, Rural

Schools

  • School District: Las Virgenes

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Cul-De-Sac, Front Yard, Garden, Horse Property Improved
  • Lot Size Sq Ft: 82915.00
  • Lot Size Acres: 1.9035

Multi Family

  • Lease Considered: No
  • Lot Size Area: 82915.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 8003.35
  • Tax Lot: 5
  • Tax Tract Number: 9375
  • TaxOtherAnnualAssessmentAmount: 517.00

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
2025 $9,409 $823,486 $736,605 $86,881
2024 $9,409 $807,340 $722,162 $85,178
2023 $9,193 $791,510 $708,002 $83,508
2022 $8,864 $775,991 $694,120 $81,871
2021 $8,851 $760,776 $680,510 $80,266
2019 $8,535 $738,213 $660,327 $77,886
2018 $8,464 $723,739 $647,380 $76,359
2016 $8,039 $695,638 $622,243 $73,395
2015 $7,902 $685,190 $612,897 $72,293
2014 $7,831 $671,769 $600,892 $70,877
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $1,699,000 -5.6% $999 / Sq Ft
05/23/2025 05/23/25 Price Changed $1,799,000 -10.0% $1,058 / Sq Ft
04/21/2025 04/21/25 For Sale $1,999,000 -- $1,176 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $460,000 First Southwestern Title Co
Interfamily Deed Transfer -- Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Closed $407,500 Unknown
Closed $43,300 Credit Line Revolving
Previous Owner $368,000 No Value Available
Previous Owner $300,000 Unknown
Closed $46,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25087356

California Regional Multiple Listing Service (CRMLS)

APN: 4462-017-044