NOT LISTED FOR SALE

31444 Broad Beach Rd Malibu, CA 90265

Encinal Bluffs Neighborhood

Estimated Value: $6,904,000 - $13,963,669

6 Beds
7 Baths
8,072 Sq Ft
$1,293/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $14,174,000 $1,756 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $69,073/month

7 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Bluff on Lot
  • Malibu Elementary School Rated A
  • Heated Spa
  • Cape Cod Architecture

About This Home

As of November 2021

This ultimate beachfront retreat is set on the only sandy beach in Malibu where the gentle slope creates exceptionally approachable waves breaking far off from shore. The view from this home is one of the best in Southern California and can be appreciated from the approx. 2500 square foot great room living area or the extraordinarily spacious beachfront deck adjoining the living area ( or the expansive master bedroom deck) which showcases the wide sandy beach, Lechuza Point with pristine cove and rock formations, and a coveted surf break The tastefully remodeled kitchen offers substantial storage and amenities not found in most beach homes. Lounge in the 1400+ square foot oceanfront three-room master suite with vaulted ceilings, private fireplace retreat, spa-style bath area, large deck, gym area, and multiple closets. Two more spacious ocean-view suites are featured in the main residence, with three detached guest suites. This is also one of the rare beach homes in Malibu that is connected to a sewer treatment facility, not septic system. This property has excellent investment potential as a seasonal rental, and additional features include an elevator, courtyard spa, three-car garage, and off-street parking. REST4Plans measured the home at 8,072 total square feet under roof, making it one of the largest homes on Broad Beach on a single 50 foot lot. Rare and remarkable.

Last Agent to Sell the Property

Kim Pfeiffer

Compass License #01047570 Listed on: 10/11/2021

Compass

Co-Listed By

Don Richstone

Coldwell Banker Realty License #00814460

Last Buyer's Agent

Kathleen Doyle

Kathy Doyle Estates License #01353432

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 50 x 226
  • Beach Front
  • Property Fronts a Bay or Harbor
  • Bluff on Lot
  • Property is zoned LCR110000*

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Brick Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Catalina
  • Mountain

Home Design

  • Cape Cod Architecture
  • Clapboard
  • Stucco

Interior Spaces

  • 8,072 Sq Ft Home
  • Elevator
  • Built-In Features
  • Bar
  • High Ceiling
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room
  • Dining Area
  • Home Gym

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Gas and Electric Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet
  • Maid or Guest Quarters
  • 7 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan
  • Underground Utilities
  • Property is located within a water district
  • Multi-Tank Hot Water Heater
  • Hot Water Circulator
  • Sewer in Street
  • Sewer on Bond

Community Details

  • No Home Owners Association
  • 6-Story Property

Listing and Financial Details

  • Assessor Parcel Number 4470-017-064

Home Details

Home Type

Single Family

Year Built

Built in 1995 | Remodeled

Lot Details

0.26 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Levels: Three Or More
  • Street Number Display: Yes
  • Entry Location: Other
  • Living Area: 8072
  • Lot Acreage: 0.2596
  • Lot Dimensions: 50 x 226
  • Property Condition: Updated/Remodeled
  • Stories: 6
  • Year Built: 1995
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Master Retreat
  • Flooring: Mixed, Carpet, Hardwood, Wood, Laminate
  • Appliances: Built-In Gas, Warmer Oven Drawer, Oven-Gas, Oven, Gas/Electric Range, Double Oven, Range Hood, Built-Ins, Range
  • Bedrooms: 6
  • Fireplaces: 2
  • Full Bathroom: 7
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, Kitchen Island, Breakfast Counter / Bar
  • Laundry: Inside, Laundry Area, Room
  • Total Bathrooms: 7.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Elevator, Microwave, Hood Fan, Gas Or Electric Dryer Hookup, Gas Dryer Hookup, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1795.71
  • Windows: Double Pane Windows

Exterior Features

  • Construction: Clapboard, Concrete, Stucco
  • Other Features: Custom Built, High Ceilings (9 Feet+)
  • Other Structures: None
  • Pool: No
  • Spa: Heated, Private, Above Ground
  • Spa Yn: Yes
  • View: Bay, Coastline, Catalina, Mountains, Ocean, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Parking Garage: Driveway - Brick, Driveway - Concrete, Garage - 3 Car, Private Garage, Private
  • Total Parking: 6

Utilities

  • Water Heater: Multi-Tank
  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Zoned, Hot Water Circulator
  • Sewer: Sewer Bonds, Connected on Bond, In Street
  • Water: District, In Street, Meter on Property, Public, Water District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4470-017-064
  • Lot Description: Bluff Front, Utilities Underground, Street Concrete, Single Lot
  • Lot Location: Bay Front, Beach Access, Beach Front, Ocean Front, Water Front
  • Lot Size Area: 11310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2002
Sold by
Rosman Richard D
Bought by
Levitan Steven and Levitan Krista
Current Estimated Value
$10,433,835

Purchase Details

Closed on
Jun 19, 2001
Sold by
Dayton Sky
Bought by
Rosman Richard D and Sasha Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,885,000
Interest Rate
6.5%

Purchase Details

Closed on
Oct 20, 2000
Sold by
Dayton Sky
Bought by
Rosman Richard D and Sasha Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
9.25%

Purchase Details

Closed on
Jun 22, 1999
Sold by
Petrosino Vincent
Bought by
Rosman Richard D and The Sasha Trust

Purchase Details

Closed on
Jan 11, 1996
Sold by
Petrosino Vincent S
Bought by
Petrosino Vincent and Petrosino Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Levitan Steven -- Fidelity National Title
Rosman Richard D -- First Southwestern Title Co
Dayton Sky -- First Southwestern Title Co
Rosman Richard D -- First Southwestern Title
Dayton Sky -- Northern Counties Title
Rosman Richard D -- First American Title Co
Petrosino Vincent -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dayton Sky $3,885,000
Previous Owner Dayton Sky $3,900,000
Previous Owner Petrosino Vincent $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2021 11/24/21 Sold $14,174,000 -2.2% $1,756 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $14,495,000 -- $1,796 / Sq Ft
Source: The MLS

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 $183,868 $15,041,561 $10,612,080 $4,429,481
2024 $183,868 $14,746,629 $10,404,000 $4,342,629
2023 $180,650 $14,457,480 $10,200,000 $4,257,480
2022 $177,889 $14,174,000 $10,000,000 $4,174,000
2021 $99,347 $7,506,416 $5,732,176 $1,774,240
2019 $96,976 $7,283,773 $5,562,157 $1,721,616
2018 $92,507 $7,140,955 $5,453,096 $1,687,859
2016 $88,205 $6,863,665 $5,241,347 $1,622,318
2015 $87,062 $6,760,568 $5,162,618 $1,597,950
2014 $99,207 $6,628,139 $5,061,490 $1,566,649
Source: Public Records

Agents Affiliated with this Home

  • Kim Pfeiffer

    Seller's Agent in 2021

    Kim Pfeiffer

    Compass

    (310) 867-0033

    1 in this area

    17 Total Sales

    Kim Pfeiffer
    Section Image
  • Don Richstone

    Seller Co-Listing Agent in 2021

    Don Richstone

    Coldwell Banker Realty

    (310) 383-1107

    1 in this area

    3 Total Sales

    Don Richstone
    Section Image

  • K

    Buyer's Agent in 2021

    Kathleen Doyle

    Kathy Doyle Estates

    Section Image
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Map

Source: The MLS

MLS Number: 21-794084

The MLS

APN: 4470-017-064

California Los Angeles County Malibu 90265 Encinal Bluffs

31444 Broad Beach Rd, Malibu, CA

Not Listed for Sale

Detached

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