NOT LISTED FOR SALE

Estimated Value: $6,561,000 - $15,967,239

5 Beds
5 Baths
5,413 Sq Ft
$2,081/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $16,700,000 $3,085 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $80,358/month

1 Day on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Home Theater
  • Malibu Elementary School Rated A
  • Detached Guest House
  • Spa

About This Home

As of October 2023

Nestled beautifully on Broad Beach, one of Malibu's most prized stretches, sits this magical & inviting compound surrounded by verdant beauty at the ocean's edge. Celebrity owners include Goldie Hawn & Kurt Russell amongst others very notable individuals. Once past the gated entry & charming courtyard, an exquisite mix of materials sing in perfect harmony as a dramatic staircase & double height ceiling open to unparalleled sea, sun & whitewater views. A living room w/fireplace leads to a formal dining room & chef's kitchen, as large expanses of glass provide a seamless connection between indoor & outdoor living. A stone patio & covered outdoor space w/ fireplace + built-in BBQ provide the perfect venue for entertainment, whilst lush landscaping, sweeping lawn & path lead to sandy dunes. All told, there are 4 retreat-like bedrooms & 5 baths, including a primary w/a spa-inspired bath w/onyx surfaces & wardrobe closet. As a bonus, there is a 2-room guest suite with a full bath located above a 3-car garage. Screening room complete this rare & impressive offering.

Last Agent to Sell the Property

Peter Lorimer

PLG Estates License #01479846 Listed on: 09/14/2023

Co-Listed By

Cindy Lorimer

PLG Estates License #01879398

Last Buyer's Agent

Sandro Dazzan

The Agency License #01418033

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $227,802

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 0.34 Acre Lot
  • Beach Front
  • Wood Fence
  • Grapestake Fence
  • Property is zoned LCR110000*

Property Views

  • White Water Ocean
  • Mountain

Interior Spaces

  • 5,413 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • High Ceiling
  • Custom Window Coverings
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Home Gym
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range with Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • 5 Full Bathrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Car Garage
  • 3 Open Parking Spaces
  • Garage Apartment
  • Driveway

Outdoor Features

  • Spa
  • Balcony
  • Open Patio
  • Built-In Barbecue
  • Rain Gutters

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating
  • Hot Water Circulator
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4470-013-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$227,802

Year Built

Built in 1978 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Nestled beautifully on Broad Beach, one of Malibu's most prized stretches, sits this magical & inviting compound surrounded by verdant beauty at the ocean's edge. Celebrity owners include Goldie Hawn & Kurt Russell amongst others very notable individuals. Once past the gated entry & charming courtyard, an exquisite mix of materials sing in perfect harmony as a dramatic staircase & double height ceiling open to unparalleled sea, sun & whitewater views. A living room w/fireplace leads to a formal dining room & chef's kitchen, as large expanses of glass provide a seamless connection between indoor & outdoor living. A stone patio & covered outdoor space w/ fireplace + built-in BBQ provide the perfect venue for entertainment, whilst lush landscaping, sweeping lawn & path lead to sandy dunes. All told, there are 4 retreat-like bedrooms & 5 baths, including a primary w/a spa-inspired bath.
  • Living Area: 5413
  • Lot Acreage: 0.3427
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1978
  • Number Of Photos: 42
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, High Ceilings (9 Feet+)
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Stone
  • Appliances: Built-In BBQ, Built-Ins, Range, Range Hood
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Master Bedroom, Master Retreat, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Formal Dining Rm, Breakfast Counter / Bar, Dining Area, Kitchen Island
  • Kitchen Features: Granite Counters, Island, Pantry, Remodeled
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 3324.40
  • Windows: Custom Window Covering

Exterior Features

  • Other Features: Balcony, Barbecue Private, Rain Gutters
  • Other Structures: GuestHouse
  • Fence: Grapestake, Wood
  • Guest House: Detached
  • Patio: Patio Open
  • Pool: No
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: Ocean, White Water, Mountains
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Garage - 3 Car, Driveway, Garage Is Attached, Private Garage
  • Total Parking: 6

Utilities

  • Water Heater: Hot Water Circulator
  • Heating: Central, Fireplace
  • Security: Owned
  • Sewer: Septic Tank
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4470-013-028
  • Lot Location: Beach Front
  • Lot Size Area: 18007

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Jun 29, 2020
Sold by
Pandora Enterprise Llc
Bought by
Bleazard Sarah and The Bb Road Revocable Trust
Seller's Agent
Tara Switzer
Coldwell Banker Realty
Buyer's Agent
Peter Lorimer
PLG Estates
List Price
$12,995,000
Sold Price
$11,250,000
Premium/Discount to List
-$1,745,000
-13.43%
Current Estimated Value
$11,264,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,120
Avg. Annual Appreciation
0.02%

Purchase Details

Closed on
Jul 17, 2014
Sold by
Jones Jesse S
Bought by
Pandora Enterprises Llc

Purchase Details

Listed on
Sep 18, 2012
Closed on
Aug 13, 2013
Sold by
Jones Jesse S
Bought by
Pandora Enterprise Llc
Seller's Agent
Kim Pfeiffer
Compass
Buyer's Agent
Elena Bongiovanni
List Price
$9,950,000
Sold Price
$9,500,000
Premium/Discount to List
-$450,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.42%
Original Mortgage
$5,000,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2012
Closed on
Jun 27, 2013
Sold by
Hawn Goldie and The Hawn 1989 Trust
Bought by
Jones Jesse S
Seller's Agent
Kim Pfeiffer
Compass
Buyer's Agent
Elena Bongiovanni
List Price
$9,950,000
Sold Price
$9,500,000
Premium/Discount to List
-$450,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
3.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Bleazard Sarah $11,250,000 Lawyers Title
Pandora Enterprises Llc -- None Available
Pandora Enterprise Llc -- None Available
Jones Jesse S $9,500,095 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Jesse S $5,000,000
Previous Owner Hawn Goldie $1,350,000
Previous Owner Hawn Goldie $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $16,700,000 -7.2% $3,085 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $17,995,000 +60.0% $3,324 / Sq Ft
07/06/2020 07/06/20 Sold $11,250,000 -13.4% $2,682 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $12,995,000 +36.8% $3,098 / Sq Ft
07/10/2013 07/10/13 Sold $9,500,000 -4.5% $2,265 / Sq Ft
09/18/2012 09/18/12 For Sale $9,950,000 -- $2,372 / 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 $227,802 $17,034,000 $13,107,000 $3,927,000
2024 $227,802 $16,700,000 $12,850,000 $3,850,000
2023 $170,808 $11,704,500 $9,363,600 $2,340,900
2022 $167,905 $11,475,000 $9,180,000 $2,295,000
2021 $162,088 $11,250,000 $9,000,000 $2,250,000
2020 $155,949 $10,769,601 $8,791,512 $1,978,089
2019 $154,187 $10,558,433 $8,619,130 $1,939,303
2018 $147,515 $10,351,406 $8,450,128 $1,901,278
2016 $138,709 $9,949,450 $8,122,000 $1,827,450
2015 $136,887 $9,800,000 $8,000,000 $1,800,000
2014 $126,380 $9,500,000 $8,000,000 $1,500,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-285807

The MLS

APN: 4470-013-028