NOT LISTED FOR SALE

31360 Broad Beach Rd Malibu, CA 90265

Broad Beach Neighborhood

Estimated Value: $6,586,000 - $13,542,722

5 Beds
6 Baths
4,190 Sq Ft
$2,402/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $11,425,000 $2,727 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $76,686/month

137 Days on Market

Highlights

  • White Water Ocean Views
  • Guest House
  • In Ground Pool
  • Malibu Elementary School Rated A
  • Home Theater
  • Fireplace in Primary Bedroom

About This Home

As of June 2020

Set upon a coveted half acre lot with 80 feet of beach frontage on Malibu's Broad Beach, this innovative architectural compound from architect Chris Sorensen redefines quintessential California living. Designed to optimize an indoor/outdoor lifestyle, the newly updated 5-bedroom home features 3 structures that flow seamlessly to a central, multi-level terrace with lush landscaping, outdoor kitchen, built-in BBQ, fire pit, pool, jacuzzi and direct access to the beach. The prized offering includes a two-level fitness and relaxation hideaway; a retreat of its own with a deluxe ocean view master and great room; and third structure with additional bedrooms, state-of-the-art kitchen, living area and dining room, all embraced by glass doors that open to the beachfront terrace. Appointed with high-end details throughout, from oak and stone floors to parking for 10 cars and ocean views from every room, this Malibu compound provides the ultimate seaside setting to live, relax and entertain.

Last Agent to Sell the Property

F. Ron Smith

Compass License #00961954 Listed on: 01/13/2020

Compass

Co-Listed By

David Berg

Compass License #01481236

Last Buyer's Agent

Rayni Williams

The Beverly Hills Estates License #01496786

The Beverly Hills Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $206,564

Lot Details

  • 0.61 Acre Lot
  • Property is zoned LCR110000*

Parking

  • 3 Car Garage
  • 7 Open Parking Spaces
  • Driveway
  • Guest Parking

Interior Spaces

  • 4,190 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Bonus Room
  • White Water Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Pool
  • Heated Spa

Outdoor Features

  • Open Patio
  • Fire Pit
  • Outdoor Grill

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4470-016-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$206,564

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Advertising Remarks: Set upon a coveted half acre lot with 80 feet of beach frontage on Malibu's Broad Beach, this innovative architectural compound from architect Chris Sorensen redefines quintessential California living. Designed to optimize an indoor/outdoor lifestyle, the newly updated 5-bedroom home features 3 structures that flow seamlessly to a central, multi-level terrace with lush landscaping, outdoor kitchen, built-in BBQ, fire pit, pool, jacuzzi and direct access to the beach. The prized offering includes a two-level fitness and relaxation hideaway; a retreat of its own with a deluxe ocean view master and great room; and third structure with additional bedrooms, state-of-the-art kitchen, living area and dining room, all embraced by glass doors that open to the beachfront terrace. Appointed with high-end details throughout, from oak and stone floors to parking for 10 cars and ocean views from every room, this Malibu compound provides the ultimate seaside setting to live, relax and entertain.
  • Living Area: 4190
  • Stories: 2
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Fire Pit, Living Room, Master Bedroom
  • Flooring: Hardwood, Mixed, Stone
  • Bedrooms: 5
  • Fireplaces: 4
  • Full Bathroom: 4
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Garage, Inside
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Dishwasher, Elevator, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 3078.28

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: Ocean, Water, White Water
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 7
  • Covered Parking: 3
  • Parking Garage: Driveway, Garage - 3 Car, Parking for Guests - Onsite, Private Garage
  • Total Parking: 10

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4470-016-033
  • Geocode Override: No
  • Lot Size Area: 26431

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Jun 5, 2020
Sold by
Bright Noel and Bright 2012 Irrevocable Trust
Bought by
Csmgf128 Llc
Seller's Agent
F. Ron Smith
Compass
Buyer's Agent
Rayni Williams
The Beverly Hills Estates
List Price
$12,898,000
Sold Price
$11,425,000
Premium/Discount to List
-$1,473,000
-11.42%
Current Estimated Value
$10,862,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$562,822
Avg. Annual Appreciation
-2.45%
Original Mortgage
$6,325,000
Outstanding Balance
$5,540,882
Interest Rate
2.35%
Mortgage Type
New Conventional
Estimated Equity
$4,523,479

Purchase Details

Closed on
Dec 19, 2012
Sold by
Bright Claudia
Bought by
Bright Noel and Bright 2012 Irrevocable Trust

Purchase Details

Closed on
Dec 21, 2010
Sold by
Bright Kevin and Bright Claudia
Bought by
Bright Kevin and Bright Claudia

Purchase Details

Closed on
Feb 14, 2000
Sold by
Greene Jeff
Bought by
Bright Kevin and Bright Claudia

Purchase Details

Closed on
Apr 27, 1999
Sold by
Greene Jeff
Bought by
Little Broad Beach Partners Lp

Purchase Details

Closed on
Jun 24, 1998
Sold by
Karno Norton S
Bought by
Greene Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.06%
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
Csmgf128 Llc $11,425,000 Fidelity National Title Co
Bright Noel -- None Available
Bright Noel -- None Available
Bright Kevin -- None Available
Bright Kevin -- None Available
Bright Kevin -- None Available
Bright Kevin -- None Available
Bright Kevin -- Chicago Title
Greene Jeff -- Chicago Title
Little Broad Beach Partners Lp -- Chicago Title
Greene Jeff $1,200,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Csmgf128 Llc $750,000
Open Csmgf128 Llc $6,325,000
Previous Owner Little Broad Beach Partners Lp $1,706,300
Previous Owner Greene Jeff $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $11,425,000 -11.4% $2,727 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $12,898,000 0.0% $3,078 / Sq Ft
11/01/2014 11/01/14 Rented $35,000 0.0% --
11/01/2014 11/01/14 Under Contract -- -- --
09/11/2013 09/11/13 For Rent $35,000 -- --
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 $206,564 $12,494,904 $10,936,460 $1,558,444
2024 $206,564 $12,249,907 $10,722,020 $1,527,887
2023 $203,986 $12,009,714 $10,511,785 $1,497,929
2022 $199,790 $11,774,230 $10,305,672 $1,468,558
2021 $191,702 $11,543,363 $10,103,600 $1,439,763
2020 $160,894 $9,013,690 $6,142,430 $2,871,260
2019 $159,386 $8,836,952 $6,021,991 $2,814,961
2018 $153,274 $8,663,679 $5,903,913 $2,759,766
2016 $143,777 $8,327,258 $5,674,657 $2,652,601
2015 $141,923 $8,202,176 $5,589,419 $2,612,757
2014 $125,942 $8,041,507 $5,479,930 $2,561,577
Source: Public Records

Agents Affiliated with this Home

  • F. Ron Smith

    Seller's Agent in 2020

    F. Ron Smith

    Compass

    (310) 500-3931

    396 Total Sales

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  • David Berg

    Seller Co-Listing Agent in 2020

    David Berg

    Compass

    (310) 500-3931

    384 Total Sales

    Section Image
  • Rayni Williams

    Buyer's Agent in 2020

    Rayni Williams

    The Beverly Hills Estates

    (310) 925-9281

    161 Total Sales

    Section Image
  • Branden Williams

    Buyer Co-Listing Agent in 2020

    Branden Williams

    The Beverly Hills Estates

    (310) 278-3311

    196 Total Sales

    Section Image
  • Ellen Francisco

    Seller's Agent in 2014

    Ellen Francisco

    Coldwell Banker Realty

    (310) 589-2464

    4 in this area

    32 Total Sales

    Section Image

  • C

    Buyer's Agent in 2014

    Carol Bird

    CBird and Company

    Section Image
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Map

Source: The MLS

MLS Number: 20-543324

The MLS

APN: 4470-016-033

California Los Angeles County Malibu 90265 Broad Beach

31360 Broad Beach Rd, Malibu, CA

This home is located at 31360 Broad Beach Rd, Malibu, CA 90265 since 13 January 2020 and is currently estimated at $10,064,361, approximately $2,401 per square foot. 31360 Broad Beach Rd is a home located in Los Angeles County with nearby schools including Malibu Elementary School, Malibu Middle School, and Malibu High School.

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The MLS © 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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