NOT LISTED FOR SALE

2943 Escondido Dr Malibu, CA 90265

Latigo Canyon Neighborhood

Estimated Value: $769,000 - $1,808,000

-- Bed
1 Bath
-- Sq Ft
25.87 Acres

Last Sold December 20, 2023

Last sale price $1,200,000

Est. 6% increase in value since last sale

Current estimated payment $7,378/month

84 Days on Market

Highlights

  • Ocean View
  • New Construction
  • Open Floorplan
  • Webster Elementary School Rated A
  • 25.87 Acre Lot
  • Furnished

About This Home

As of December 2023

3D Virtual Tour and Aerial Video Tour at Video Link. Rare opportunity to own an entire Malibu canyon. Rancho Escondido consists of 4 parcels and 26 acres of fully developable land. The home was completely rebuilt in 2020 with custom material throughout including 16 ft glass doors & windows, custom Baltic birch cabinetry with built in mantle and Murphy bed, slated white maple wood ceilings, Bosch appliances and bar grate floating deck with in-laid white Alaskan cedar. The home is set under beautiful oaks and sycamores with the seasonal stream directly in front allowing yourself to fully emerge yourself in nature. Currently has a completed architectural cabin designed by Bruce Bolander completed in 2022. A vested coastal permit for a 5,000 sf home on a separate parcel, which allows break ground within a year. That parcel has a well installed, power on the property line, all grading complete, retaining walls, driveway, soils, perk, etc. reports and so much more. Another parcel has a 1,000 sf burnout lot eligible for a fire rebuild waiver. The property features private hiking trails, waterfalls, a forest of 100+ year old oak trees, seasonal streams, an orchard and ranch style garden all within your own extremely private setting.

Last Agent to Sell the Property

Daniel Moss

Coldwell Banker Realty License #01929872 Listed on: 09/13/2023

Coldwell Banker Realty

Co-Listed By

Bill Moss

Coldwell Banker Realty License #00860010

Last Buyer's Agent

Daniel Moss

Coldwell Banker Residential Brokerage License #01929872

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,355

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 25.87 Acre Lot
  • Property fronts a private road
  • Back and Front Yard
  • Property is zoned LCA11Y

Parking

  • Driveway

Property Views

  • Ocean
  • Woods
  • Canyon
  • Creek or Stream
  • Mountain

Home Design

  • Turnkey
  • Fire Retardant Roof
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Concrete Flooring
  • Dishwasher
  • Dryer

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Outdoor Features

  • Open Patio
  • Shed

Utilities

  • Central Heating
  • 220 Volts
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4465-005-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,355

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Lot Acreage: 25.8680
  • Property Condition: New Construction
  • Year Built: 2021
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Interior Amenities: 220V Throughout, Built-Ins, Detached/No Common Walls, Furnished, Open Floor Plan, Turnkey
  • Flooring: Stained Concrete
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Refrigerator
  • Fireplace: No

Exterior Features

  • Construction: Concrete
  • Other Structures: Shed(s)
  • Patio: Patio Open
  • Pool: No
  • Roof: Fire Retardant, Metal
  • Spa Yn: No
  • View: Canyon, Creek/Stream, Trees/Woods, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Volt 220: 220V Throughout
  • Cooling: Air Conditioning
  • Heating: Central
  • Sewer: Septic Tank
  • Water: Fire Hydrant, In Street, Well

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4465-005-002
  • Lot Description: 2-4 Lots, Back Yard, Front Yard
  • Lot Location: Canyon, Stream, Private Road
  • Lot Size Area: 1126794

Rental Info

  • Furnished: Furnished Or Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Dec 8, 2023
Sold by
Smith William and Smith Alexandra Elizabeth
Bought by
Riacho Escondido Llc
Seller's Agent
Daniel Moss
Coldwell Banker Realty
Buyer's Agent
Daniel Moss
Coldwell Banker Realty
List Price
$1,595,000
Sold Price
$1,200,000
Premium/Discount to List
-$395,000
-24.76%
Views
131
Current Estimated Value
$1,272,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,215
Avg. Annual Appreciation
3.54%

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 16, 2020
Sold by
Smith Alexandra
Bought by
Smith William
Seller's Agent
Bill Moss
Coldwell Banker Realty
Buyer's Agent
Brian Griffin
Compass
List Price
$595,000
Sold Price
$525,000
Premium/Discount to List
-$70,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.89%
Original Mortgage
$367,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 4, 2020
Sold by
Hanson John Woodward and Hanson John W
Bought by
Smith William
Seller's Agent
Bill Moss
Coldwell Banker Realty
Buyer's Agent
Brian Griffin
Compass
List Price
$595,000
Sold Price
$525,000
Premium/Discount to List
-$70,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2020
Sold by
Lorenzen Daniel C and Trust S
Bought by
Hanson John Woodward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2019
Sold by
Consolidated Apartments Inc
Bought by
Hanson John Woodward and Lorenzen Daniel C
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 Buyer Sale Price Title Company
Riacho Escondido Llc $710,000 First American Title
Smith William -- First American Title Company
Smith William $525,000 First American Title Company
Hanson John Woodward $137,500 Chicago Title Co Com Div
Hanson John Woodward -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith William $367,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $1,200,000 -24.8% --
12/06/2023 12/06/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $1,595,000 +203.8% --
03/31/2020 03/31/20 Sold $525,000 -11.8% --
02/26/2020 02/26/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $595,000 -- --
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 $5,355 $153,000 $153,000 --
2024 $5,355 $389,417 $133,272 $256,145
2023 $2,203 $130,659 $130,659 $0
2022 $2,900 $196,630 $196,630 $0
2021 $1,219 $52,624 $52,519 $105
2020 $1,141 $52,085 $51,981 $104
2019 $1,186 $51,064 $50,962 $102
2018 $1,330 $60,274 $49,963 $10,311
2016 $1,272 $57,935 $48,024 $9,911
2015 $1,253 $57,066 $47,303 $9,763
2014 $1,276 $55,949 $46,377 $9,572
Source: Public Records

Agents Affiliated with this Home

  • Daniel Moss

    Seller's Agent in 2023

    Daniel Moss

    Coldwell Banker Realty

    (310) 600-6692

    7 in this area

    52 Total Sales

    Daniel Moss
    Section Image

  • B

    Seller Co-Listing Agent in 2023

    Bill Moss

    Coldwell Banker Realty

    (310) 457-6550

    13 in this area

    92 Total Sales

    Bill Moss
    Section Image
  • Brian Griffin

    Buyer's Agent in 2020

    Brian Griffin

    Compass

    (323) 488-3415

    32 Total Sales

    Brian Griffin
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-311047

The MLS

APN: 4465-005-002

California Los Angeles County Malibu 90265 Latigo Canyon

2943 Escondido Dr, Malibu, CA

This home is located at 2943 Escondido Dr, Malibu, CA 90265 since 13 September 2023 and is currently estimated at $1,272,215. This property was built in 2021. 2943 Escondido Dr is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.
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