Seller's Agent in 2021
Tony Mark
Compass
(310) 457-6275
66 Total Sales
Estimated Value: $3,867,000 - $5,646,000
One of the best lots in Malibu Park, never before offered for sale! This Woolsey burnout features nearly 3 usable acres of unobstructed, panoramic views. A rare opportunity to rebuild in one of Malibu's most coveted neighborhoods with the fast-tracked permitting process. The previous construction included a 3,960 square foot home, a detached 1,464 square foot hobby shop, a 699 square foot garage, and a pool. Add up to 10% in size and build a custom estate of approx. 6,735 square feet! This lot boasts tremendous width and privacy, with 270-degree ocean views from the Queen's Necklace and Catalina out West to the Channel Islands. The homesite is situated on a natural promontory for an ideal setting. There is a 6-foot privacy wall, 3 gates, 2 driveways, and a cleared septic system on site. Sold with plans for an in-kind rebuild approved by City Planning, studies, reports, and everything you need to build quickly. One of the best burnout lots to ever be offered, don't miss this opportunity!
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lincoln Estate Corporation Inc | -- | Accommodation/Courtesy Recordi | |
| Hau Henry | $2,850,000 | First American Title Company O | |
| Schmoranzer Frank | -- | None Available | |
| Schmoranzer Frank | -- | None Available |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/10/2021 05/10/21 | Sold | $2,850,000 | -12.3% | $720 / Sq Ft |
| 04/07/2021 04/07/21 | Pending | -- | -- | -- |
| 02/25/2021 02/25/21 | For Sale | $3,250,000 | -- | $821 / Sq Ft |
| 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 | $35,032 | $3,024,442 | $3,024,442 | -- |
| 2024 | $35,032 | $2,965,140 | $2,965,140 | -- |
| 2023 | $34,312 | $2,907,000 | $2,907,000 | $0 |
| 2022 | $2,707 | $151,841 | $151,734 | $107 |
| 2021 | $2,620 | $148,864 | $148,759 | $105 |
| 2020 | $2,127 | $147,338 | $147,234 | $104 |
| 2019 | $2,327 | $144,450 | $144,348 | $102 |
| 2018 | $8,726 | $728,004 | $141,518 | $586,486 |
| 2016 | $8,376 | $699,737 | $136,024 | $563,713 |
| 2015 | $8,269 | $689,227 | $133,981 | $555,246 |
| 2014 | $8,211 | $675,727 | $131,357 | $544,370 |
Seller's Agent in 2021
Tony Mark
Compass
(310) 457-6275
66 Total Sales
Seller Co-Listing Agent in 2021
Russell Grether
Compass
(310) 589-2471
71 Total Sales
Source: The MLS
MLS Number: 21-689642
APN: 4469-009-007