$4,300,000
SOLD JUN 5, 2025
4 Beds
3.5 Baths
3,452 Sq Ft
1.36 Acres

Recently Sold

$1,246 Per Sq Ft

28% Below List Price

176 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Wood Flooring
  • Malibu Elementary School Rated A
  • Living Room with Fireplace
  • No HOA

About This Home

As of June 2025

Private and gated estate located above the ocean on Point Dume. Sycamore trees and a circular driveway welcome you to a park-like 1.3 acre property. The residence encompasses 3,452 square feet with 4 bedrooms and 3 1/2 baths. The interior is swathed in an abundance of natural light from the large windows and many skylights. A sleek showcase Kitchen has been upgraded with Miele and SubZero appliances and is at the heart of the ground floor. One bedroom with accompanying bath are also on this first level along with Living Room with soaring ceilings & gas fireplace, laundry room, powder room, and direct access to the three car garage. The second floor boasts three bedrooms and patios with beautiful vista and ocean views. The home is surrounded by gardens featuring lush landscaping, fruit trees, California native plants & majestic Queen Palms that create a tranquil oasis for birds, butterflies, and bees. Patio areas with fire pits provide entertainment spaces for large or small private gatherings. There is available parking for many cars within the compound. The property encompasses 59,241 square feet of primarily usable land. Other unique features include a well maintained back-up generator, full home water filtration system, central vacuum system, custom built wood cabinetry and abundant storage throughout. The property is located just up the street from the Point Dume Headlands featuring beautiful coastline views of the Queens Necklace and access to some of Malibu's most stunning beaches.

Last Agent to Sell the Property

Paul Kellogg

Coldwell Banker Realty License #01212345 Listed on: 11/11/2024

Coldwell Banker Realty

Co-Listed By

Pamela Dougherty

Coldwell Banker Realty License #01911670

Last Buyer's Agent

Gregory Sharpe

Compass License #01908937

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,090

Year Built

  • Built in 1978

Lot Details

  • 1.36 Acre Lot
  • Property is zoned LCRA1*

Parking

  • 2 Car Direct Access Garage
  • 10 Open Parking Spaces
  • Garage Door Opener
  • Auto Driveway Gate
  • Guest Parking

Property Views

  • Ocean
  • Coastline
  • Peek-A-Boo
  • Mountain
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,452 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Purifier
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4468-006-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,090

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3452
  • Lot Acreage: 1.3604
  • Stories: 2
  • Year Built: 1978
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Stone Tile, Wood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Freezer, Garbage Disposal, Dryer, Dishwasher, Central Vacuum, Ceiling Fan, Hood Fan, Ice Maker, Microwave, Water Filter, Water Line to Refrigerator, Water Purifier, Washer, Vented Exhaust Fan, Alarm System, Refrigerator, Range/Oven
  • Price Per S Q F T: 1419.47

Exterior Features

  • Other Structures: Shed(s)
  • Pool: No
  • Roof: Tile
  • Spa Yn: No
  • View: Mountains, Hills, Coastline, Ocean, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 10
  • Covered Parking: 2
  • Parking Garage: Garage Is Attached, Driveway Gate, Door Opener, Direct Entrance, Parking for Guests - Onsite, Garage - 3 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4468-006-015
  • Lot Size Area: 59258

Rental Info

  • Lease Option: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
May 27, 2025
Sold by
Monica Salinas Revocable Trust and Salinas Monica
Bought by
Read/Truong Revocable Trust and Read
Seller's Agent
Paul Kellogg
Coldwell Banker Realty
Buyer's Agent
Gregory Sharpe
Compass
List Price
$5,949,000
Sold Price
$4,300,000
Premium/Discount to List
-$1,649,000
-27.72%
Views
307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.05%
Original Mortgage
$3,000,000
Outstanding Balance
$2,994,880
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$1,717,143

Purchase Details

Listed on
Mar 18, 2012
Closed on
Jun 11, 2012
Sold by
Emminger David and Emminger Cindy
Bought by
Salinas Monica and The Monica Salinas Revocable Trust
Seller's Agent
Brant Didden
Brant Didden, Broker
Buyer's Agent
Kathy Fisher
Compass
List Price
$3,995,000
Sold Price
$3,750,000
Premium/Discount to List
-$245,000
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.06%

Purchase Details

Closed on
Feb 22, 2005
Sold by
Hammond Beverly J and Hammond Amanda R
Bought by
Emminger David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2002
Sold by
Hammond Beverly J and Hammond Amanda R
Bought by
Hammond Beverly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
6.29%
Source: Public Records

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Range of Values:

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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 $4,300,000 Equity Title
Grant Deed $3,750,000 Equity Title Company
Grant Deed -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- United Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Previous Owner $450,000 Credit Line Revolving
Previous Owner $1,500,000 Purchase Money Mortgage
Previous Owner $301,000 No Value Available
Previous Owner $250,000 Credit Line Revolving
Closed $420,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Price Changed $16,000 -5.9% $5 / Sq Ft
07/14/2025 07/14/25 Price Changed $17,000 -5.6% $5 / Sq Ft
06/26/2025 06/26/25 For Rent $18,000 0.0% --
06/05/2025 06/05/25 Sold $4,300,000 -12.2% $1,246 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
04/21/2025 04/21/25 Price Changed $4,900,000 -10.9% $1,419 / Sq Ft
01/10/2025 01/10/25 Price Changed $5,500,000 -7.5% $1,593 / Sq Ft
11/11/2024 11/11/24 For Sale $5,949,000 +58.6% $1,723 / Sq Ft
06/19/2012 06/19/12 Sold $3,750,000 0.0% $1,086 / Sq Ft
06/11/2012 06/11/12 Pending -- -- --
03/20/2012 03/20/12 Off Market $3,750,000 -- --
03/18/2012 03/18/12 For Sale $3,995,000 -- $1,157 / 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 $54,090 $4,710,205 $2,794,598 $1,915,607
2024 $54,090 $4,617,849 $2,739,802 $1,878,047
2023 $53,078 $4,527,304 $2,686,081 $1,841,223
2022 $52,420 $4,438,534 $2,633,413 $1,805,121
2021 $51,193 $4,351,505 $2,581,778 $1,769,727
2019 $49,151 $4,136,579 $2,505,202 $1,631,377
2018 $47,542 $4,139,647 $2,456,081 $1,683,566
2016 $45,828 $3,978,901 $2,360,709 $1,618,192
2015 $45,214 $3,919,135 $2,325,249 $1,593,886
2014 $44,550 $3,842,365 $2,279,701 $1,562,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-461289

The MLS

APN: 4468-006-015