NOT LISTED FOR SALE

29150 Cliffside Dr Malibu, CA 90265

Point Dume Neighborhood

Estimated Value: $3,552,000

7 Beds
9 Baths
14,426 Sq Ft
$246/Sq Ft Est. Value

Last Sold August 25, 2014

Last sale price $33,500,000 $2,322 Per Sq Ft

Current estimated payment $22,756/month

164 Days on Market

Highlights

  • Ocean Front
  • Home Theater
  • Gated Parking
  • Malibu Elementary School Rated A
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of August 2014

A superb blend of elegance & impeccable craftsmanship in this timeless, architectural 7 bm, 9.5 ba, gated Cliffside masterpiece. Pass under the columned portico through towering doors, into overwhelming beauty as you stand in the high-ceiling, grand living room w/fireplace & look out toward manicured tropical lawns to the blue Pacific. This magnificent residence w/natural stone floors fuses the best of indoor/outdoor living w/vanishing, wall to ceiling glass doors throughout; spacious open-plan Gourmet kitchen, dining area w/fireplace & family room; a luxurious owner's suite plus sitting room w/stunning ocean view terrace & gorgeous spa bath w/custom designed closets; 6 additional en-suite bedrooms w/terraces; gym & theater; ozone-filtered, approx. 60 ft. pool w/resort-style outdoor entertaining areas; 4/5-car garage, Lutron lighting, 16 zone music, security, industrial grade network & so much more. This exquisite estate offers everything that is magnificent about Malibu living.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 03/14/2014

Compass

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $453,332

Year Built

  • Built in 1999

Lot Details

  • 1.22 Acre Lot
  • Ocean Front
  • Property is zoned LCRA1*

Property Views

  • White Water Ocean
  • City Lights

Home Design

  • Villa

Interior Spaces

  • 14,426 Sq Ft Home
  • Central Vacuum
  • Built-In Features
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Home Gym
  • Center Hall
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • 9 Full Bathrooms

Home Security

  • Intercom
  • Alarm System

Parking

  • Attached Garage
  • Gated Parking

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4468-001-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$453,332

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Villa
  • Street Number Display: Yes
  • Living Area: 14426
  • Year Built: 1999
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Carpet, Stone, Wood
  • Bedrooms: 7
  • Full Bathroom: 9
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 9.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Cable, Central Vacuum, Dishwasher, Garbage Disposal, Hood Fan, Intercom, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 2391.52

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: City Lights, Ocean, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Parking Garage: Attached, Garage - 4+ Car, Gated

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4468-001-004
  • Geocode Override: No
  • Lot Size Area: 53010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2014
Closed on
Aug 11, 2014
Sold by
Goldman Steven J
Bought by
Nabisco Holdings Sa
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$345,000,000
Sold Price
$33,500,000
Premium/Discount to List
-$311,500,000
-90.29%
Current Estimated Value
$3,552,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,948,000
Avg. Annual Appreciation
-13.49%

Purchase Details

Closed on
Feb 21, 2008
Sold by
Goldman Steven J and Etaati Azita
Bought by
Goldman Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2005
Sold by
Goldman Steven J and Etaati Azita
Bought by
Goldman Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2000
Sold by
Trust Silver Arthur Co Tr Silver Family and Young Silver Kimberly Caulfield
Bought by
Tobisman Stuart P and Staz Trust
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
Nabisco Holdings Sa -- Equity Title
Goldman Steven J -- Accommodation
Goldman Steven J -- Lawyers Title Company
Goldman Steven J -- First American Title Co
Goldman Steven J -- First American Title Co
Tobisman Stuart P -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goldman Steven J $15,000,000
Previous Owner Goldman Steven J $7,000,000
Previous Owner Goldman Steven J $7,000,000
Previous Owner Silver Arthur $4,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2014 08/25/14 Sold $33,500,000 0.0% $2,322 / Sq Ft
08/20/2014 08/20/14 Off Market $33,500,000 -- --
03/26/2014 03/26/14 Price Changed $34,500,000 -90.0% $2,392 / Sq Ft
03/14/2014 03/14/14 For Sale $345,000,000 -- $23,915 / 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 $453,332 $40,261,988 $32,449,964 $7,812,024
2024 $453,332 $39,472,539 $31,813,691 $7,658,848
2023 $445,171 $38,698,569 $31,189,894 $7,508,675
2022 $440,122 $37,939,775 $30,578,328 $7,361,447
2021 $429,957 $37,195,858 $29,978,753 $7,217,105
2020 $427,558 $36,814,461 $29,671,358 $7,143,103
2019 $421,673 $36,092,610 $29,089,567 $7,003,043
2018 $400,428 $35,384,913 $28,519,184 $6,865,729
2016 $386,260 $34,010,875 $27,411,750 $6,599,125
2015 $381,080 $33,500,000 $27,000,000 $6,500,000
2014 $210,998 $18,438,296 $14,750,640 $3,687,656
Source: Public Records

Agents Affiliated with this Home

  • Chris Cortazzo

    Seller's Agent in 2014

    Chris Cortazzo

    Compass

    (310) 457-3995

    36 in this area

    227 Total Sales

    Chris Cortazzo
    Section Image

  • S

    Buyer's Agent in 2014

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 14-747445

The MLS

APN: 4468-001-004

California Los Angeles County Malibu 90265 Point Dume

29150 Cliffside Dr, Malibu, CA

This home is located at 29150 Cliffside Dr, Malibu, CA 90265 since 14 March 2014 and is currently estimated at $3,552,000, approximately $246 per square foot. This property was built in 1999. 29150 Cliffside Dr 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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