NOT LISTED FOR SALE

29046 Cliffside Dr Malibu, CA 90265

Estimated Value: $6,581,000 - $17,229,722

4 Beds
3 Baths
2,298 Sq Ft
$4,244/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $8,125,000 $3,536 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $59,395/month

57 Days on Market

Highlights

  • Ocean Front
  • RV Access or Parking
  • Gourmet Kitchen
  • Malibu Elementary School Rated A
  • Oceanside
  • Open Floorplan

About This Home

As of October 2019

An iconic mid-century ranch graces the Point Dume bluff with breathtaking panoramic ocean views. This tastefully appointed 4bdrm/3bth home is thoughtfully updated inside and out. Ocean views abound from almost every room, a spacious entry flows into a high-ceiling living room with a wood burning/gas fireplace. Walls of glass open to the outdoor entertaining area, exquisitely landscaped grounds and expansive ocean views; fully remodeled chef's kitchen, breakfast bar and separate dining area; master suite with ocean views, walk in closet and spa-like bath with radiant heated floors and private patio with outdoor shower; plus 3 ocean view bedrooms with sliding glass doors to the yard; Sonos sound system; keyless entry; and 2-car garage. Additional amenities make this turnkey Malibu residence the perfect place to call home or a weekend retreat.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 08/20/2019

Compass

Last Buyer's Agent

Don Richstone

Coldwell Banker Realty License #00814460

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 0.83 Acre Lot
  • Ocean Front
  • Gated Home
  • Wrought Iron Fence
  • Chain Link Fence
  • Wire Fence
  • Bluff on Lot
  • Lawn
  • Front Yard
  • Property is zoned LCRA1*

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Patio Home
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,298 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Skylights
  • Gas Fireplace
  • Window Screens
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Area
  • Bonus Room
  • Utility Room
  • Security System Owned

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Self-Cleaning Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • 3 Full Bathrooms
  • Double Vanity
  • Low Flow Toliet
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 2 Car Garage
  • Auto Driveway Gate
  • Guest Parking
  • Uncovered Parking
  • RV Access or Parking

Outdoor Features

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

Location

  • Property is near public transit

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Tankless Water Heater
  • Water Purifier
  • Septic Tank
  • Phone System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4468-001-011

Home Details

Home Type

Single Family

Year Built

Built in 1965 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 2298
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1965
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Living Room Deck Attached, Open Floor Plan
  • Fireplace Rooms: Gas, Gas and Wood, Living Room
  • Flooring: Tile, Wood
  • Appliances: Built-In Gas, Convection Oven, Cooktop - Gas, Double Oven, Oven-Electric, Range, Range Hood, Self Cleaning Oven
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Low Flow Toilet(s), Powder Room, Remodeled, Shower Over Tub, Shower Stall, Tile
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Dining Area, In Kitchen
  • Kitchen Features: Gourmet Kitchen, Pantry, Stone Counters
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Ice Maker, Network Wire, Phone System, Refrigerator, Vented Exhaust Fan, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 3807.00
  • Windows: Screens, Skylights

Exterior Features

  • Other Features: Double Door Entry, French Doors, High Ceilings (9 Feet+), Sliding Glass Doors
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Concrete Perimeter, Slab
  • Fence: Chain Link, Wire, Wrought Iron
  • Patio: Covered Porch, Living Room Deck Attached
  • Pool Description: Room For
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: City Lights, Coastline, Ocean, Panoramic, White Water
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway Gate, Garage - 2 Car, Parking for Guests, Private, RV Access, Uncovered

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Forced Air, Natural Gas, Zoned
  • Security: Gated, Owned
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4468-001-011
  • Geocode Override: No
  • Lot Description: Automatic Gate, Bluff Front, Fenced, Front Yard, Lawn, Street Asphalt, Yard
  • Lot Location: Bluff Front, Near Public Transit, Ocean Front, Ocean Side Of Highway 1, Patio Home
  • Lot Size Area: 36359

Rental Info

  • Lease Option: 1

Multi Family

  • Number Of Units: 0

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
Oct 16, 2019
Sold by
Cliffside Limited Llc
Bought by
Herrara Muriel Hurtado and Gulls Rest Trust
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Don Richstone
Coldwell Banker Realty
List Price
$9,995,000
Sold Price
$8,125,000
Premium/Discount to List
-$1,870,000
-18.71%
Current Estimated Value
$9,753,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,628,681
Avg. Annual Appreciation
2.98%

Purchase Details

Closed on
May 14, 2012
Sold by
Winnikoff Marc and Winnikoff Lillian
Bought by
Winnikoff Marc and Winnikoff Lillian

Purchase Details

Closed on
Jan 1, 2011
Sold by
Winnikoff Marc and Nova Vilna 2005 Irrevocable Gi
Bought by
Cliffside Limited Llc

Purchase Details

Closed on
May 14, 2010
Sold by
Winnikoff Marc and Nova Kamenka 2005 Irrevocable
Bought by
Winnikoff Marc and Nova Kamenka Pater 2005 Irrevocable Gift

Purchase Details

Closed on
Dec 13, 2005
Sold by
Winnikoff Albert and Winnikoff Lillian
Bought by
Winnikoff Marc and The Nova Vilna 2005 Irrevocable Gift Tr

Purchase Details

Closed on
Nov 18, 2004
Sold by
Winnikoff Albert and Winnikoff Lillian
Bought by
Winnikoff Albert

Purchase Details

Closed on
Oct 27, 1997
Sold by
Winnikoff Albert and Winnikoff Lillian
Bought by
Winnikoff Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,000
Interest Rate
7.44%

Purchase Details

Closed on
Sep 22, 1997
Sold by
Winnikoff Albert and Winnikoff Lillian
Bought by
Winnikoff Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,000
Interest Rate
7.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Herrara Muriel Hurtado $8,125,000 Equity Title Los Angeles
Winnikoff Marc -- None Available
Cliffside Limited Llc -- None Available
Winnikoff Marc -- None Available
Winnikoff Marc -- None Available
Winnikoff Marc -- None Available
Winnikoff Marc -- --
Winnikoff Albert -- Chicago Title Company
Winnikoff Albert -- Chicago Title
Winnikoff Albert -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Winnikoff Albert $509,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2019 10/18/19 Sold $8,125,000 -7.1% $3,536 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
09/25/2019 09/25/19 Price Changed $8,750,000 -12.5% $3,808 / Sq Ft
08/20/2019 08/20/19 For Sale $9,995,000 0.0% $4,349 / Sq Ft
02/14/2017 02/14/17 Rented $17,500 -5.4% --
01/09/2017 01/09/17 For Rent $18,500 +23.3% --
04/28/2014 04/28/14 Rented $15,000 -25.0% --
04/18/2014 04/18/14 Under Contract -- -- --
09/12/2013 09/12/13 For Rent $19,995 -- --
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 $100,721 $8,885,871 $7,108,698 $1,777,173
2024 $100,721 $8,711,639 $6,969,312 $1,742,327
2023 $98,869 $8,540,823 $6,832,659 $1,708,164
2022 $97,631 $8,373,357 $6,698,686 $1,674,671
2021 $95,434 $8,209,175 $6,567,340 $1,641,835
2020 $94,900 $8,125,000 $6,500,000 $1,625,000
2019 $4,583 $314,684 $184,592 $130,092
2018 $4,222 $308,515 $180,973 $127,542
2016 $4,037 $296,538 $173,947 $122,591
2015 $3,917 $292,085 $171,335 $120,750
2014 $3,959 $286,364 $167,979 $118,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-501086

The MLS

APN: 4468-001-011