NOT LISTED FOR SALE

2977 Seabreeze Dr Malibu, CA 90265

El Nido Neighborhood

Estimated Value: $1,802,000 - $2,723,312

4 Beds
4 Baths
2,900 Sq Ft
$828/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $2,500,000 $862 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $14,988/month

Highlights

  • Ocean View
  • Wood Flooring
  • Furnished
  • Webster Elementary School Rated A
  • Bonus Room
  • Great Room with Fireplace

About This Home

As of January 2025

**Experience Malibu Living!** This stunning home is nestled in the rolling hills of Malibu and offers breathtaking panoramic ocean views from all bedrooms, the office, and three outdoor patio decks. This home provides space and versatility with 4 bedrooms, 4 baths, and an office plus a game room complete with wet bar and a pool table. Enjoy the peaceful, manicured Zen garden in the backyard, perfect for relaxing or entertaining. The home comes fully furnished. Conveniently located near Solstice Canyon trails, Corral Canyon Park, Pepperdine University, and top-rated schools like Webster Elementary and Malibu High School. Fully furnished, flexible terms.

Last Agent to Rent the Property

Sabra Gandhi

The Hollywood Realty License #01887296 Listed on: 01/19/2025

Last Renter's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 10,009 Sq Ft Lot
  • Property is zoned LCA11*

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • Ocean
  • City Lights
  • Woods
  • Views of a landmark
  • Canyon

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Bar
  • Gas Fireplace
  • Entryway
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Dining Area
  • Home Office
  • Library
  • Bonus Room
  • Utility Room
  • Alarm System

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Heating System

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane

Listing and Financial Details

  • Security Deposit $15,000
  • Tenant pays for move in fee
  • Rent includes electricity, trash collection, gardener, water, cable TV
  • 12 Month Lease Term
  • Assessor Parcel Number 4457-016-037

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Parking

2

Rental Info

  • Furnished: Furnished
  • Rent Includes: Electricity, Trash Collection, Gardener, Water, Cable TV
  • Security Deposit: 15000
  • Tenant Pays: Move In Fee

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 2900
  • Lot Acreage: 0.2298
  • Stories: 2
  • Year Built: 1991
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Gas, Gas Starter, Great Room
  • Flooring: Laminate, Hardwood
  • Appliances: Double Oven, Microwave, Oven, Built-Ins
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, Family Room, Living Room
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven, Freezer, Microwave, Dishwasher, Washer, Dryer, Built-Ins, Gas Or Electric Dryer Hookup, Alarm System
  • Price Per S Q F T: 5.17

Exterior Features

  • Pool: No
  • View: City Lights, Ocean, Canyon, Landmark, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Uncovered, Garage - 2 Car, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central, Gas, Electric
  • Heating: Central, Propane Gas, Solar, Forced Air, Fireplace

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4457-016-037
  • Lot Size Area: 10009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Jun 5, 2023
Sold by
Veera Mahajan Revocable Trust
Bought by
Tiwari Family Living Trust and Bhardwaj
Seller's Agent
Nila McKnight
eXp Realty of Greater Los Angeles
Buyer's Agent
Veera Mahajan
Truth Realty
List Price
$3,400,000
Sold Price
$2,500,000
Premium/Discount to List
-$900,000
-26.47%
Views
361
Current Estimated Value
$2,401,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,672
Avg. Annual Appreciation
-1.55%
Original Mortgage
$1,300,000
Outstanding Balance
$1,265,238
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,136,090

Purchase Details

Closed on
Jun 2, 2011
Sold by
Macaulay Donald W and Macaulay Kim P
Bought by
Mahajan Veera and Veera Mahajan Revocable Trust

Purchase Details

Closed on
Aug 18, 2009
Sold by
Macaulay Donald W and Macaulay Kim P
Bought by
Macaulay Donald W and Macaulay Kim P

Purchase Details

Closed on
Aug 23, 2006
Sold by
Macaulay Donald W and Macaulay Kim P
Bought by
Macaulay Donald W and Macaulay Kim P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 3, 2004
Sold by
Jensen Joseph F and Ackerman Ruthann
Bought by
Macaulay Donald W and Macaulay Kim P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,032,500
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2001
Sold by
Jensen Joseph F and Jensen Ruthann Ackerman
Bought by
Jensen Joseph F and Ackerman Ruthann

Purchase Details

Closed on
Apr 24, 1998
Sold by
Jensen Joseph F
Bought by
Jensen Joseph F and Jensen Ruthann Ackerman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.06%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tiwari Family Living Trust $2,500,000 Chicago Title Company
Mahajan Veera $1,345,000 Fidelity Van Nuys
Macaulay Donald W -- None Available
Macaulay Donald W -- Southland Title
Macaulay Donald W $1,560,000 --
Jensen Joseph F -- --
Jensen Joseph F -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tiwari Family Living Trust $1,300,000
Previous Owner Macaulay Donald W $150,000
Previous Owner Macaulay Donald W $1,032,500
Previous Owner Jensen Joseph F $360,000
Closed Macaulay Donald W $147,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2025 01/26/25 Rented $15,000 0.0% --
01/19/2025 01/19/25 For Rent $15,000 0.0% --
06/28/2023 06/28/23 Sold $2,500,000 -3.8% $862 / Sq Ft View Prior Sale
05/30/2023 05/30/23 Pending -- -- --
05/27/2023 05/27/23 Price Changed $2,600,000 +4.0% $897 / Sq Ft
04/27/2023 04/27/23 Price Changed $2,500,000 -10.4% $862 / Sq Ft
04/19/2023 04/19/23 Price Changed $2,790,000 -12.8% $962 / Sq Ft
04/09/2023 04/09/23 Price Changed $3,200,000 -5.9% $1,103 / Sq Ft
02/24/2023 02/24/23 For Sale $3,400,000 -- $1,172 / Sq Ft
Source: The MLS

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 $30,233 $2,600,999 $1,763,998 $837,001
2024 $30,233 $2,550,000 $1,729,410 $820,590
2023 $19,820 $1,656,261 $1,018,879 $637,382
2022 $19,530 $1,623,786 $998,901 $624,885
2021 $19,049 $1,591,948 $979,315 $612,633
2019 $18,667 $1,544,732 $950,269 $594,463
2018 $17,694 $1,514,444 $931,637 $582,807
2016 $17,041 $1,455,638 $895,461 $560,177
2015 $16,810 $1,433,774 $882,011 $551,763
2014 $16,566 $1,405,689 $864,734 $540,955
Source: Public Records

Agents Affiliated with this Home

  • Sabra Gandhi

    Landlord's Agent in 2025

    Sabra Gandhi

    The Hollywood Realty

    (310) 966-0643

    35 Total Sales

    Sabra Gandhi
    Section Image

  • S

    Tenant's Agent in 2025

    Subscriber Non

    Non-Participant Office

  • Nila McKnight

    Seller's Agent in 2023

    Nila McKnight

    eXp Realty of Greater Los Angeles

    (818) 209-7174

    1 in this area

    17 Total Sales

    Nila McKnight
    Section Image

  • V

    Seller Co-Listing Agent in 2023

    Veera Mahajan

    Truth Realty

    Section Image
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Map

Source: The MLS

MLS Number: 25-484181

The MLS

APN: 4457-016-037

California Los Angeles County Malibu 90265 El Nido

2977 Seabreeze Dr, Malibu, CA

Not Listed for Sale

Detached

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