Landlord's Agent in 2024
Chris Cortazzo
Compass
(310) 457-3995
32 in this area
226 Total Sales
29803 Cuthbert Rd Malibu, CA 90265
Malibu Park Neighborhood
4
Beds
4
Baths
4,908
Sq Ft
$1,058
Price per Sq Ft
Highlights
- Ocean View
- 24-Hour Security
- Gourmet Kitchen
- Malibu Elementary School Rated A
- Heated In Ground Pool
- Primary Bedroom Suite
About This Home
As of September 2024This magnificent estate embodies elegance and sophistication, where every corner has been thoughtfully designed by Janette Mallory Interiors to offer a harmonious blend of luxurious amenities and breathtaking panoramic views that captivate the senses and provide an unparalleled living experience.The front yard is adorned with stone gravel, a fountain, and a grassy lawn, providing a serene and inviting entrance. A glass pivot door leads you into the foyer, showcasing double-height ceilings with a chandelier and a wine cellar to the left, complete with elegant lighting. Straight ahead, you'll be greeted by stunning ocean views and access to the patio.To the right, a bedroom boasts high vaulted ceilings with wood flooring, a chandelier, and French doors opening to the side yard. This bedroom includes an en-suite bathroom with a marble sink and vanity, stone tile floors, a shower over tub, and a large closet. Additional closet space is conveniently located in the hallway.The second bedroom also features vaulted ceilings, wood floors, French doors leading to the side yard, and a large closet. For maximum comfort, each bedroom is completed with an en-suite bathroom. Adjacent to the foyer is a great room with high wood-beamed ceilings, perfect for dining and entertaining.The living room is a highlight, featuring a see-through fireplace, accordion doors to the backyard, and expansive ocean and pool views. Accordion doors are a recurring feature throughout the home, enhancing the indoor-outdoor living experience.A hallway leads to the kitchen, passing a pantry with stone counters and built-in storage. The kitchen is a chef's dream with a large island, bar seating, stone counters, and high-end appliances, including a cove dishwasher, a Wolf microwave in the island, a 6-burner range with BBQ and griddle, double Wolf ovens, a stone backsplash, a hood fan, a Sub-Zero fridge and freezer, and a convection oven.Adjacent to the kitchen, the family room offers wood-beamed ceilings, a ceiling fan, a stone fireplace, built-ins, and more stunning ocean and pool views.Descending the stairs from the kitchen, you'll find a gym or bonus room and a laundry room with stone counters and built-ins. The hallway leads to another bathroom with a shower stall entirely crafted from stone. A nearby bedroom with wood floors provides direct access to the front yard and includes a large closet.The owner's suite is located upstairs, featuring wood floors, a built-in fireplace, wood-beamed vaulted ceilings, ocean and mountain views, and a large closet with built-ins. The master bathroom includes a free-standing tub, stone tile floors, marble counters, double sinks, a shower stall, ocean and pool views, additional built-ins, a water closet with a bidet, and an AC system.The backyard is a private oasis with a grassy lawn, a covered patio area with stone gravel, an outdoor fireplace, an outdoor BBQ with a sink, and stone counters. Enjoy the pool with a water feature, an in-ground jacuzzi, and breathtaking ocean, coastline, and mountain views. The outdoor space is enhanced with a speaker system and palm trees.Parking is abundant with a 2-car garage and a circular driveway accommodating six-plus additional vehicles. The garage has an alarm system, space for a lift, and a large storage closet. This estate offers unparalleled luxury, comfort, and spectacular views, making it a true gem.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,258
Year Built
- Built in 2021
Lot Details
- 0.86 Acre Lot
- Gated Home
- Landscaped
- Sprinkler System
- Lawn
- Back and Front Yard
- Property is zoned LCRA20
Parking
- 2 Car Garage
- 6 Open Parking Spaces
- Garage Door Opener
- Driveway
- Automatic Gate
- Guest Parking
- Unassigned Parking
Property Views
- Ocean
- Mountain
- Pool
Home Design
- Contemporary Architecture
- Turnkey
Interior Spaces
- 4,908 Sq Ft Home
- 2-Story Property
- Built-In Features
- Beamed Ceilings
- High Ceiling
- Recessed Lighting
- See Through Fireplace
- Gas Fireplace
- Sliding Doors
- Family Room with Fireplace
- 4 Fireplaces
- Living Room with Fireplace
- Dining Area
- Alarm System
- Laundry Room
Kitchen
- Gourmet Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Convection Oven
- Range with Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Marble Countertops
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Dressing Area
- Jack-and-Jill Bathroom
- In-Law or Guest Suite
- 4 Full Bathrooms
- Double Vanity
- Bidet
- Bathtub with Shower
- Double Shower
- Shower Only
Pool
- Heated In Ground Pool
- In Ground Spa
Outdoor Features
- Open Patio
- Outdoor Fireplace
- Built-In Barbecue
Location
- Property is near public transit
- City Lot
Utilities
- Air Conditioning
- Central Heating
- Property is located within a water district
Community Details
- 24-Hour Security
Listing and Financial Details
- Security Deposit $59,990
- Tenant pays for cable TV, electricity, gas, trash collection, water
- Month-to-Month Lease Term
- Assessor Parcel Number 4469-008-018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 31, 2020
Sold by
Simplicio Francesco and Mallory Janette
Bought by
Simplicio Francesco and Mallory Janette
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,989,000
Outstanding Balance
$2,638,727
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$3,277,539
Purchase Details
Closed on
Dec 2, 2019
Sold by
Simplicio Francesco and Mallory Janette
Bought by
Simplicio Francesco and 2018 Simplicio Marital Trust
Purchase Details
Listed on
Jun 14, 2016
Closed on
Jan 11, 2017
Sold by
Moss William K and Moss Amanda J
Bought by
Simplicio Francesco and Mallory Janette
Seller's Agent
Daniel Moss
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,995,000
Sold Price
$2,665,000
Premium/Discount to List
-$330,000
-11.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%
Original Mortgage
$1,700,000
Interest Rate
4.32%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Simplicio Francesco | -- | Fidelity National Title Co | |
| Simplicio Francesco | -- | None Available | |
| Simplicio Francesco | -- | None Available | |
| Simplicio Francesco | $2,665,000 | Fidelity Sherman Oaks |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Simplicio Francesco | $2,989,000 | |
| Closed | Simplicio Francesco | $1,000,000 | |
| Closed | Simplicio Francesco | $1,700,000 | |
| Previous Owner | Moss William K | $1,000,000 | |
| Previous Owner | Moss William K | $850,000 | |
| Previous Owner | Moss William K | $595,550 | |
| Previous Owner | Moss William K | $600,000 | |
| Previous Owner | Moss William K | $100,000 | |
| Previous Owner | Moss William K | $322,700 | |
| Previous Owner | Moss William K | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2024 09/19/24 | Rented | $29,000 | -3.3% | -- |
| 08/05/2024 08/05/24 | For Rent | $29,995 | -7.7% | -- |
| 12/07/2023 12/07/23 | Rented | $32,500 | +18.2% | -- |
| 09/20/2023 09/20/23 | For Rent | $27,500 | +25.0% | -- |
| 10/21/2022 10/21/22 | Rented | $22,000 | -11.8% | -- |
| 10/08/2022 10/08/22 | For Rent | $24,950 | 0.0% | -- |
| 02/10/2017 02/10/17 | Sold | $2,665,000 | -9.7% | $690 / Sq Ft |
| 01/09/2017 01/09/17 | Pending | -- | -- | -- |
| 08/25/2016 08/25/16 | Price Changed | $2,950,000 | -1.5% | $764 / Sq Ft |
| 06/14/2016 06/14/16 | For Sale | $2,995,000 | -- | $776 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $25,258 | $2,129,405 | $1,453,081 | $676,324 |
| 2024 | $25,258 | $2,087,653 | $1,424,590 | $663,063 |
| 2023 | $24,714 | $2,046,719 | $1,396,657 | $650,062 |
| 2022 | $17,968 | $1,483,415 | $1,369,272 | $114,143 |
| 2021 | $17,591 | $1,454,329 | $1,342,424 | $111,905 |
| 2020 | $20,430 | $1,328,764 | $1,328,660 | $104 |
| 2019 | $20,376 | $1,302,710 | $1,302,608 | $102 |
| 2018 | $23,021 | $1,596,332 | $1,277,067 | $319,265 |
| 2016 | $8,383 | $677,743 | $260,735 | $417,008 |
| 2015 | $8,270 | $667,564 | $256,819 | $410,745 |
| 2014 | $8,180 | $654,489 | $251,789 | $402,700 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Cortazzo
-
Sandro Dazzan
Seller's Agent in 2023
Sandro Dazzan
The Agency
(310) 435-7556
8 in this area
98 Total Sales
-
Irene Dazzan
Seller Co-Listing Agent in 2023
Irene Dazzan
The Agency
(310) 418-3777
1 in this area
53 Total Sales
-
Linda Ferrari
Buyer's Agent in 2023
Linda Ferrari
Equity Union
(310) 283-4782
21 Total Sales
-
Daniel Moss
Seller's Agent in 2017
Daniel Moss
Coldwell Banker Realty
(310) 600-6692
3 in this area
51 Total Sales
-
Bill Moss
B
Seller Co-Listing Agent in 2017
Bill Moss
Coldwell Banker Realty
(310) 457-6550
3 in this area
90 Total Sales
Map
Source: The MLS
MLS Number: 24-423609
APN: 4469-008-018
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© 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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