Seller's Agent in 2024
Cooper Mount
Carolwood Estates
(310) 351-9002
3 in this area
52 Total Sales
31412 Broad Beach Rd Malibu, CA 90265
Encinal Bluffs NeighborhoodEstimated Value: $7,642,000 - $19,080,653
6
Beds
7
Baths
4,974
Sq Ft
$2,686/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Home Theater
- Cape Cod Architecture
- Malibu Elementary School Rated A
- Infinity Pool
- Family Room with Fireplace
About This Home
As of April 2024Bright multi-tiered Broad Beach home with spectacular ocean-facing terraced vistas throughout. Extensively and recently remodeled with high end, designer done quality. The property features an open layout, hotel grade amenities, high ceilings and vast windows with a bold curvilinear roof-top beautifully offset with warm redwood shingles. The street-level entry, flanked with vast transoms, houses an en-suite bedroom, and gym or additional garage parking. One level down, the great room includes a formal sitting and dining area, pristine wood beamed chef's kitchen with custom teak and marble island, all opening to an oversized flagstone deck with a wood-burning fireplace. An oversized en-suite guest bedroom completes this level. Step down to the owner's suite, with private whitewater view deck, dual baths with walk-in showers and ample closets. This level includes a den/office, state of the art home theater and well oriented laundry room. The lowest level is designed for entertainment featuring a huge media room with eating nook, wet bar and partially covered ocean-view deck with an infinity pool and spa that leads directly to the dry, sandy beach, plus three additional bedrooms. The property includes an elevator that serves all levels and off-street parking for six cars. A truly Incredible home on a coveted deep and sandy beach!
Last Agent to Sell the Property
Carolwood Estates License #01956287 Listed on: 03/14/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 2008
Lot Details
- 0.34 Acre Lot
- Property is zoned LCR11OOOO
Property Views
- White Water Ocean
- Coastline
- Catalina
- Panoramic
Home Design
- Cape Cod Architecture
- Split Level Home
Interior Spaces
- 4,974 Sq Ft Home
- 4-Story Property
- Elevator
- Built-In Features
- Bar
- Entryway
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Dining Room
- Home Theater
- Home Office
- Home Gym
- Alarm System
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- 7 Full Bathrooms
Parking
- 3 Car Direct Access Garage
- Driveway
Pool
- Infinity Pool
- In Ground Spa
Outdoor Features
- Covered Patio or Porch
- Outdoor Fireplace
- Outdoor Grill
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4470-017-069
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2024
Closed on
Mar 26, 2024
Sold by
Malibu Waves Llc
Bought by
Malibu Vista Llc
Seller's Agent
Cooper Mount
Carolwood Estates
Buyer's Agent
Laura Alfano
Compass
List Price
$27,995,000
Sold Price
$23,913,490
Premium/Discount to List
-$4,081,510
-14.58%
Views
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,552,163
Avg. Annual Appreciation
-28.57%
Purchase Details
Listed on
Feb 19, 2020
Closed on
Jul 17, 2020
Sold by
Koral Peter J and The Peter J Koral Trust
Bought by
Malibu Waves Llc
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Cooper Mount
Carolwood Estates
List Price
$16,450,000
Sold Price
$14,115,000
Premium/Discount to List
-$2,335,000
-14.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.18%
Purchase Details
Closed on
Oct 8, 2010
Sold by
Koral Peter J
Bought by
Koral Peter J and The Koral 2010 Irrevocable Childrens Tru
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,241,350
Interest Rate
4.17%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 5, 2008
Sold by
Beach House Associates Llc
Bought by
Koral Peter J
Purchase Details
Closed on
Nov 12, 2003
Sold by
Malibu Beach Llc
Bought by
Beach House Associates Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,762,500
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 12, 2002
Sold by
Clorenda Corp A V V
Bought by
Malibu Beach Llc
Purchase Details
Closed on
Apr 18, 2000
Sold by
New Carolco Investments B V
Bought by
Clorenda Corp A V V
Purchase Details
Closed on
Jan 4, 2000
Sold by
Kassar Mario
Bought by
New Carolco Investment B V
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 |
|---|---|---|---|
| Malibu Vista Llc | $23,913,500 | Equity Title Company | |
| Malibu Waves Llc | $14,115,000 | Usa National Title Co Inc | |
| Koral Peter J | $3,241,500 | None Available | |
| Koral Peter J | -- | None Available | |
| Koral Peter J | -- | Chicago Title Company | |
| Beach House Associates Llc | -- | Chicago Title Co | |
| Malibu Beach Llc | -- | -- | |
| Clorenda Corp A V V | $3,000,000 | -- | |
| New Carolco Investment B V | $3,000,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Koral Peter J | $3,241,350 | |
| Previous Owner | Beach House Associates Llc | $2,762,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/12/2024 04/12/24 | Sold | $23,913,490 | -14.6% | $4,808 / Sq Ft | |
| 03/21/2024 03/21/24 | Pending | -- | -- | -- | |
| 03/14/2024 03/14/24 | For Sale | $27,995,000 | +98.3% | $5,628 / Sq Ft | |
| 07/22/2020 07/22/20 | Sold | $14,115,000 | -5.9% | $2,838 / Sq Ft | View Prior Sale |
| 06/11/2020 06/11/20 | Pending | -- | -- | -- | |
| 04/21/2020 04/21/20 | Price Changed | $14,995,000 | -8.8% | $3,015 / Sq Ft | |
| 02/19/2020 02/19/20 | For Sale | $16,450,000 | 0.0% | $3,307 / Sq Ft | |
| 11/01/2017 11/01/17 | Rented | $125,000 | -16.7% | -- | |
| 05/02/2017 05/02/17 | For Rent | $150,000 | -- | -- |
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 | $188,605 | $24,391,770 | $19,307,070 | $5,084,700 |
| 2024 | $188,605 | $14,978,950 | $12,734,496 | $2,244,454 |
| 2023 | $185,340 | $14,685,246 | $12,484,800 | $2,200,446 |
| 2022 | $182,406 | $14,397,300 | $12,240,000 | $2,157,300 |
| 2021 | $177,255 | $14,115,000 | $12,000,000 | $2,115,000 |
| 2020 | $190,620 | $15,269,102 | $11,158,192 | $4,110,910 |
| 2019 | $188,160 | $14,969,708 | $10,939,404 | $4,030,304 |
| 2018 | $179,262 | $14,676,185 | $10,724,906 | $3,951,279 |
| 2016 | $171,719 | $14,106,293 | $10,308,446 | $3,797,847 |
| 2015 | $169,457 | $13,894,404 | $10,153,604 | $3,740,800 |
| 2014 | $182,991 | $13,622,232 | $9,954,709 | $3,667,523 |
Source: Public Records
Agents Affiliated with this Home
-
Cooper Mount
-
Laura Alfano
Buyer's Agent in 2024
Laura Alfano
Compass
(310) 919-6031
2 in this area
5 Total Sales
-
Chris Cortazzo
Seller's Agent in 2020
Chris Cortazzo
Compass
(310) 457-3995
21 in this area
211 Total Sales
-
Sandro Dazzan
Seller's Agent in 2017
Sandro Dazzan
The Agency
(310) 435-7556
6 in this area
90 Total Sales
-
Alexander Enriquez
Buyer's Agent in 2017
Alexander Enriquez
Compass
(916) 532-0497
19 Total Sales
Map
Source: The MLS
MLS Number: 24-367979
APN: 4470-017-069
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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.
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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