$1,380,000
SOLD OCT 22, 2024

29051 Pacific Coast Hwy Malibu, CA 90265

Malibu Park Neighborhood
2.03 Acres
$679,401 Price per Acre
88,479 Sq Ft Lot

Recently Sold

$532 Per Sq Ft

45% Below List Price

212 Days on Market

Highlights

  • Views of Trees
  • Malibu Elementary School Rated A
  • 2.03 Acre Lot

About This Lot

As of October 2024

DON'T MISS THIS OPPORTUNITY TO OWN JUST OVER TWO ACRES OF RESIDENTIALLY ZONED LAND IN MALIBU! This generally flat lot, with a gentle slope, is close to the beach and waiting for the right Buyer to unlock its true potential. You'll be surrounded by multi-million-dollar homes with Point Dume Village Shopping Mall just up the road. Zuma Beach and Paradise Cove are only about a mile away in either direction and if you take a quick drive up or down the spectacular coastline, you can experience fantastic shopping and dining at Malibu Country Mart and Trancas Country Market. Need to get to Agoura, Westlake Village or Calabasas? Hop on Kanan Dume Road and you'll be there before you know it. This is a wonderful location where you can enjoy miles of year-round hiking, biking, surfing, and equestrian trails! NOTE: THIS PROPERTY IS VACANT LAND AND IS NOT ASSOCIATED WITH APN 4467-020-014 WHICH USES THE SAME ADDRESS AND HAS A SINGLE-FAMILY RESIDENCE ON THE PROPERTY.

Last Agent to Sell the Property

Vahn Alexander

Coldwell Banker Realty License #01962370 Listed on: 07/27/2023

Coldwell Banker Realty

Co-Listed By

Lisa Clapperton

Coldwell Banker Realty License #02093325

Last Buyer's Agent

Vahn Alexander

Coldwell Banker Realty License #01962370 Listed on: 07/27/2023

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,321

Lot Details

  • 2.03 Acre Lot
  • Property is zoned LCR120000*

Property Views

  • Trees
  • Mountain

Listing and Financial Details

  • Assessor Parcel Number 4467-020-010

Property Details

Property Type

Land

Est. Annual Taxes

$17,321

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 2.0312
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Tree Top, Mountains
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4467-020-010
  • Lot Size Area: 88478

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2023
Sold by
Witjas Jeff Berl and Witjas Rebecca Yewell
Bought by
Jeffry And Rebecca Witjas Family Trust and Witjas
Current Estimated Value
$3,739,594

Purchase Details

Closed on
Dec 23, 2009
Sold by
Witjas Jeff and Witjas Rebecca
Bought by
Witjas Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 2, 2007
Sold by
Witjas Jeff and Witjas Rebecca
Bought by
Witjas Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2002
Sold by
Mcowen Teresa and The Teresa Mcowen Trust
Bought by
Witjas Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.62%

Purchase Details

Closed on
Jan 12, 1999
Sold by
Montelione Teresa
Bought by
Mcowen Teresa and Teresa Mcowen Trust

Purchase Details

Closed on
Oct 18, 1996
Sold by
Beatty Hugh E and Beatty Audrey C
Bought by
Montelione Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.53%

Purchase Details

Closed on
Oct 3, 1996
Sold by
Montelione Frank
Bought by
Montelione Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.53%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- Calcounties Title Nation
Interfamily Deed Transfer -- Commonwealth Title Company
Interfamily Deed Transfer -- Commonwealth Land Title Co
Grant Deed $975,000 Fidelity National Title Co
Quit Claim Deed -- --
Grant Deed $667,500 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,400,000 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $930,000 New Conventional
Previous Owner $200,000 Unknown
Previous Owner $935,000 New Conventional
Previous Owner $925,000 New Conventional
Previous Owner $715,000 Unknown
Previous Owner $675,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $675,000 No Value Available
Previous Owner $100,000 Credit Line Revolving
Previous Owner $400,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 Sold $1,380,000 -7.7% $532 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
10/23/2023 10/23/23 Price Changed $1,495,000 -25.1% $576 / Sq Ft
08/29/2023 08/29/23 Price Changed $1,995,000 -20.0% $769 / Sq Ft
07/27/2023 07/27/23 For Sale $2,495,000 -- $961 / 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 $17,321 $1,440,350 $1,098,959 $341,391
2024 $17,321 $1,412,109 $1,077,411 $334,698
2023 $16,966 $1,384,422 $1,056,286 $328,136
2022 $16,712 $1,357,277 $1,035,575 $321,702
2021 $16,304 $1,330,665 $1,015,270 $315,395
2019 $15,985 $1,291,199 $985,157 $306,042
2018 $15,053 $1,265,883 $965,841 $300,042
2016 $14,486 $1,216,729 $928,337 $288,392
2015 $14,292 $1,198,454 $914,393 $284,061
2014 $14,108 $1,174,979 $896,482 $278,497
Source: Public Records

Agents Affiliated with this Home

  • Vahn Alexander

    Seller's Agent in 2024

    Vahn Alexander

    Coldwell Banker Realty

    (310) 345-3378

    1 in this area

    9 Total Sales

    Vahn Alexander
    Section Image
  • Lisa Clapperton

    Seller Co-Listing Agent in 2024

    Lisa Clapperton

    Coldwell Banker Realty

    (310) 207-7080

    1 in this area

    9 Total Sales

    Lisa Clapperton
    Section Image
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Map

Source: The MLS

MLS Number: 23-294907

The MLS

APN: 4467-020-014

California Los Angeles County Malibu 90265 Malibu Park

29051 Pacific Coast Hwy, Malibu, CA

This home is located at 29051 Pacific Coast Hwy, Malibu, CA 90265 and is currently priced at $1,380,000, approximately $531 per square foot. 29051 Pacific Coast Hwy is a home located in Los Angeles County with nearby schools including Malibu Elementary School, Malibu Middle School, and Malibu High School.

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The MLS © 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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