NOT LISTED FOR SALE

29075 Grayfox St Malibu, CA 90265

Estimated Value: $7,667,000 - $12,355,432

5 Beds
7 Baths
5,833 Sq Ft
$1,716/Sq Ft Est. Value

Last Sold April 17, 2017

Last sale price $12,500,000 $2,143 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $67,660/month

146 Days on Market

Highlights

  • Detached Guest House
  • Basketball Court
  • Indoor Spa
  • Malibu Elementary School Rated A
  • Home Theater
  • Heated In Ground Pool

About This Home

As of April 2017

Chic European-style seaside villa on apx 1.6 private acres wonderfully brought to life by renowned designer Vanessa Alexander. With majestic green belt & hillside views, the landscaped grounds include olive trees, large pool & terrace, sauna, outdoor dining area w/wood burning pizza oven, fire pit & a massive lawn area for children to play. The house has a large open floor plan living rm, w/French doors leading to the terrace. The living rm leads to the dining area & gourmet kitchen w/breakfast area. The 1st floor also has a powder rm, staff or nanny bdrm, gym & media rm. The 2nd floor master suite has a balcony w/views over the garden & countryside, & a magnificent large bathroom & dressing area; plus 3 en-suite bdrms. Decorated in muted tones, the sun-filled home has large windows offering great views from all the rooms. There is an additional office area, a security system & lots of parking. Includes beach rights to Little Dume. Published in Elle Decor, C magazine and more.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 10/26/2016

Compass

Co-Listed By

Matt Rapf

Sotheby's International Realty License #00854118

Last Buyer's Agent

Chris Cortazzo

Compass License #01190363 Listed on: 10/26/2016

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994 | Remodeled

Lot Details

  • 1.67 Acre Lot
  • Block Wall Fence
  • Drip System Landscaping
  • Sprinklers Throughout Yard
  • Lawn
  • Property is zoned LCRA1*

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Mediterranean Architecture
  • Split Level Home
  • Turnkey
  • Plaster Walls
  • Clay Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 5,833 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • French Doors
  • Separate Family Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Utility Room
  • Indoor Spa
  • Sauna
  • Home Gym
  • Wood Flooring
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Converted Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Maid or Guest Quarters
  • Double Vanity
  • Low Flow Toliet
  • Bathtub with Shower
  • Double Shower
  • Low Flow Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Alarm System
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Gravel Driveway
  • Automatic Gate
  • Guest Parking
  • Golf Cart Garage

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Spa
  • Gas Heated Pool
  • Gunite Pool
  • Pool Cover

Outdoor Features

  • Basketball Court
  • Balcony
  • Deck
  • Open Patio
  • Lanai
  • Fire Pit
  • Built-In Barbecue

Additional Homes

  • Detached Guest House

Utilities

  • Air Conditioning
  • Central Heating
  • Vented Exhaust Fan
  • Property is located within a water district
  • Tankless Water Heater
  • Water Purifier
  • Septic Tank
  • Phone System
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4466-016-014

Home Details

Home Type

Single Family

Year Built

Built in 1994 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Living Area: 5833
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1994
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases, Beamed Ceiling(s), Detached/No Common Walls, High Ceilings (9 Feet+), Hot Tub, Open Floor Plan, Plaster Walls, Pre-wired for high speed Data, Pre-wired for surround sound, Recessed Lighting, Turnkey
  • Fireplace Rooms: Fire Pit, Kitchen, Living Room, Master Retreat
  • Flooring: Wood
  • Appliances: Built-In BBQ, Built-In Gas, Continuous Clean Oven, Cooktop - Gas, Double Oven, Microwave, Range, Range Hood
  • Bedrooms: 5
  • Fireplaces: 4
  • Full Bathroom: 5
  • Half Bathroom: 2
  • Bedroom Features: Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Double Vanity(s), Linen Closet, Low Flow Shower(s), Low Flow Toilet(s), Powder Room, Remodeled, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, Family Kitchen, In Kitchen, Kitchen Island, Living Room
  • Kitchen Features: Island, Marble Counters, Open to Family Room, Pantry
  • Laundry: Laundry Area, Room
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Ice Maker, Microwave, Network Wire, Phone System, Refrigerator, Satellite, Vented Exhaust Fan, Washer, Water Filter, Water Line to Refrigerator, Water Purifier
  • Fireplace: Yes
  • Price Per S Q F T: 2227.84
  • Windows: French Windows, Skylights

Exterior Features

  • Construction: Hard Coat, Stone, Wood Siding
  • Other Features: Balcony, Barbecue Private, French Doors, High Ceilings (9 Feet+), Sauna Private, Sprinkler System
  • Other Structures: Accessory Bldgs, GuestHouse
  • Tennis Court: Basketball
  • Tennis Court Y/N: No
  • Fence: Block
  • Guest House: Detached
  • Patio: Balcony, Deck(s), Lanai
  • Pool Description: Gunite, Heated And Filtered, Heated with Gas, In Ground, Pool Cover
  • Pool: Yes
  • Roof: Clay
  • Spa: Gunite, Heated with Gas, In Ground
  • Spa Yn: Yes
  • View: Green Belt, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Auto Driveway Gate, Direct Entrance, Door Opener, Driveway - Gravel, Garage - 2 Car, Golf Cart, Parking for Guests - Onsite, Private Garage
  • Total Parking: 12

Utilities

  • TV Svcs: Tv Satellite Dish
  • Volt 220: 220V Throughout, Spa
  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights, Fire Sprinklers
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Drip System, Front, Rear, Side, Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 4466-016-014
  • Geocode Override: No
  • Lot Description: Fenced, Lawn
  • Lot Size Area: 72629

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

Closed on
Jul 15, 2022
Sold by
Lionel I Pincus 1991 Trust and Pincus Henry A
Bought by
Pincus Henry A
Current Estimated Value
$10,011,216

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
Outstanding Balance
$4,762,652
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$5,248,564

Purchase Details

Listed on
Oct 26, 2016
Closed on
May 8, 2017
Sold by
Alexander Steven S
Bought by
Pincus Henry A and Gustafson Edwin
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$12,995,000
Sold Price
$12,500,000
Premium/Discount to List
-$495,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.51%

Purchase Details

Closed on
Mar 28, 2012
Sold by
Fox Gray Llc
Bought by
Alexander Steven S and Alexander Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 2, 2003
Sold by
Licker Martin J
Bought by
Fox Gray Llc

Purchase Details

Closed on
Nov 10, 1999
Sold by
Sinise Gary
Bought by
Sinise Gary and Sinise Moira J Harris

Purchase Details

Closed on
Oct 20, 1998
Sold by
Fishburn Eric T
Bought by
Sinise Gary and Sinise Moira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,676,500
Interest Rate
6.78%

Purchase Details

Closed on
Oct 6, 1998
Sold by
Fishburn Eric T
Bought by
Fishburn Eric T and Eric T Fishburn Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,676,500
Interest Rate
6.78%

Purchase Details

Closed on
Jul 22, 1997
Sold by
Fishburn Eric T
Bought by
Fishburn Eric T and The Eric T Fishburn Living Trust

Purchase Details

Closed on
Jul 16, 1996
Sold by
Fishburn Eric T
Bought by
Fishburn Eric T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
8.3%

Purchase Details

Closed on
Mar 27, 1995
Sold by
Fishburn Eric T
Bought by
Fishburn Eric T and The Eric T Fishburn Living Trust

Purchase Details

Closed on
Mar 22, 1994
Sold by
Fishburn Eric T
Bought by
Fishburn Eric T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$924,000
Interest Rate
7.15%
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
Pincus Henry A -- Ticor Title
Pincus Henry A $12,500,000 Usa National Title Company
Alexander Steven S $4,472,000 Equity Title Company
Fox Gray Llc -- Equity Title
Sinise Gary -- --
Sinise Gary -- --
Sinise Gary -- First American Title Co
Fishburn Eric T -- --
Fishburn Eric T -- --
Fishburn Eric T -- North American Title Co
Fishburn Eric T -- North American Title Co
Fishburn Eric T -- North American Title Co
Fishburn Eric T -- --
Fishburn Eric T -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pincus Henry A $5,000,000
Previous Owner Alexander Steven S $2,600,000
Previous Owner Sinise Gary $1,676,500
Previous Owner Fishburn Eric T $1,100,000
Previous Owner Fishburn Eric T $924,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2017 04/17/17 Sold $12,500,000 -3.8% $2,143 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
10/26/2016 10/26/16 For Sale $12,995,000 -- $2,228 / 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 $184,357 $16,323,876 $13,525,200 $2,798,676
2024 $184,357 $16,003,800 $13,260,000 $2,743,800
2023 $181,011 $15,690,000 $13,000,000 $2,690,000
2022 $159,151 $13,670,576 $10,936,461 $2,734,115
2021 $155,476 $13,402,526 $10,722,021 $2,680,505
2019 $152,475 $13,005,000 $10,404,000 $2,601,000
2018 $144,726 $12,750,000 $10,200,000 $2,550,000
2016 $54,559 $4,744,865 $3,069,907 $1,674,958
2015 $53,828 $4,673,594 $3,023,795 $1,649,799
2014 $53,035 $4,582,046 $2,964,564 $1,617,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-175836

The MLS

APN: 4466-016-014