NOT LISTED FOR SALE

Estimated Value: $7,030,000 - $22,702,905

7 Beds
8.5 Baths
5,824 Sq Ft
$2,252/Sq Ft Est. Value

Last Sold February 22, 2020

Last sale price $9,550,000 $1,640 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $79,108/month

214 Days on Market

Highlights

  • White Water Ocean Views
  • Attached Guest House
  • In Ground Pool
  • Malibu Elementary School Rated A
  • Wine Cellar
  • Sauna

About This Home

As of February 2020

Welcome to the Malibu retreat of one of Hollywood's most iconic couples, Barbara and Frank Sinatra.In collaboration with designer Edward "Ted" Grenzbach, they created their 7-bedroom, 9-bathroom dream beach home. With ample space for entertaining, the elevator-equipped residence boasts a state-of-the-art gourmet kitchen, endless dining and living spaces, a stunning indoor-outdoor bar, and patio overlooking a grassy lawn out to the ocean. The interior courtyard features a delightful swimming pool and spa. The massive sun-drenched master suite with vaulted ceilings encompasses a private terrace, dual bathrooms, a steam room, a hair salon, and dazzling views of the horizon ahead. Enjoy the summer wind year-round at the happiest place on earth.

Last Agent to Sell the Property

Leonard Rabinowitz

Christie's International Real Estate SoCal License #01496421 Listed on: 07/01/2019

Christie's International Real Estate SoCal

Co-Listed By

Chris Cortazzo

Compass License #01190363

Compass

Last Buyer's Agent

Chris Cortazzo

Compass License #01190363

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $152,353

Year Built

  • Built in 1992

Lot Details

  • 0.42 Acre Lot
  • Property is zoned LCR110000*

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 5,824 Sq Ft Home
  • 2-Story Property
  • Bar
  • Formal Entry
  • Wine Cellar
  • Great Room with Fireplace
  • Dining Area
  • Home Office
  • Sauna
  • Breakfast Area or Nook
  • White Water Ocean Views
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Open Patio
  • Attached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4470-014-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$152,353

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 5824
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1992
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Great Room, Master Bedroom
  • Flooring: Carpet, Stone, Wood
  • Bedrooms: 7
  • Full Bathroom: 8
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 9.00
  • Den: 0
  • Equipment: Cable
  • Price Per S Q F T: 1974.24

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Guest House: Attached
  • Pool Description: Heated with Gas, In Ground
  • Pool: Yes
  • Spa: Heated with Gas, In Ground
  • Spa Yn: Yes
  • View: White Water
  • View: Yes

Garage/Parking

  • Parking Garage: Attached

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4470-014-003
  • Geocode Override: No
  • Lot Size Area: 18361

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2019
Closed on
Feb 10, 2020
Sold by
Marx Robert and Barbara Marx Sinatra Trust
Bought by
Ambrosino Marie and The Joe Fox Trust
Seller's Agent
Leonard Rabinowitz
Christie's International Real Estate SoCal
Buyer's Agent
Chris Cortazzo
Compass
List Price
$12,900,000
Sold Price
$9,550,000
Premium/Discount to List
-$3,350,000
-25.97%
Current Estimated Value
$12,188,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,638,518
Avg. Annual Appreciation
5.95%
Original Mortgage
$5,730,000
Outstanding Balance
$4,959,384
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$8,156,584

Purchase Details

Closed on
Jul 9, 1998
Sold by
Sinatra Barbara
Bought by
Sinatra Barbara Marx and Barbara Marx Sinatra Trust
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
Ambrosino Marie $9,550,000 Equity Title Company
Sinatra Barbara Marx -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ambrosino Marie $5,730,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2020 02/22/20 Sold $9,550,000 -16.9% $1,640 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
01/14/2020 01/14/20 Price Changed $11,498,000 -10.9% $1,974 / Sq Ft
08/29/2019 08/29/19 For Sale $12,900,000 +35.1% $2,215 / Sq Ft
08/29/2019 08/29/19 Off Market $9,550,000 -- --
07/01/2019 07/01/19 For Sale $12,900,000 -- $2,215 / 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 $152,353 $10,444,316 $8,355,455 $2,088,861
2024 $152,353 $10,239,526 $8,191,623 $2,047,903
2023 $150,138 $10,038,752 $8,031,003 $2,007,749
2022 $147,513 $9,841,915 $7,873,533 $1,968,382
2021 $142,245 $9,648,937 $7,719,150 $1,929,787
2020 $132,263 $8,838,975 $6,242,084 $2,596,891
2019 $130,810 $8,665,663 $6,119,691 $2,545,972
2018 $125,301 $8,500,000 $6,500,000 $2,000,000
2016 $105,527 $7,119,570 $5,028,219 $2,091,351
2015 $104,150 $7,012,628 $4,952,691 $2,059,937
2014 $95,733 $6,875,261 $4,855,675 $2,019,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-482184

The MLS

APN: 4470-014-003