NOT LISTED FOR SALE

31508 Victoria Point Rd Malibu, CA 90265

Encinal Bluffs Neighborhood

Estimated Value: $7,230,000 - $13,310,643

5 Beds
5 Baths
4,300 Sq Ft
$2,206/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $12,114,000 $2,817 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $63,018/month

Highlights

  • Ocean Front
  • Heated Spa
  • Cape Cod Architecture
  • Malibu Elementary School Rated A
  • Gated Community
  • Fireplace in Primary Bedroom

About This Home

As of November 2021

This is an absolute must see. Formerly owned by Hollywood icon Steve McQueen, this large ocean front property is nestled on a private cul-de-sac off of a private gated street with direct access to a great surf beak and private cove with amazing rock formations. The views are truly spectacular. The lay out of this home provides for terrific work at home possibilities as well as providing total privacy for guests. The home has been fully renovated and comes tastefully furnished. With views from almost every room, come enjoy the large open great room and family room on the lower level just steps from the beach. Enjoy the Chef's kitchen and eating areas while looking out at the amazing coastline. The best Malibu has to offer. Available September through November and possibly December.

Last Agent to Rent the Property

Doug Carroll

Pinnacle Estate Properties License #01196657 Listed on: 08/13/2021

Pinnacle Estate Properties

Last Renter's Agent

Kathy Ellis

Coldwell Banker Realty License #01320487

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 9,917 Sq Ft Lot
  • Lot Dimensions are 47x192
  • Ocean Front
  • Property is zoned LCR1*

Property Views

  • White Water Ocean
  • Coastline

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 4,300 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 2 Parking Spaces
  • Driveway
  • On-Street Parking

Pool

  • Heated Spa
  • Above Ground Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • Gated Community

Listing and Financial Details

  • Security Deposit $200,000
  • Tenant pays for cable TV, electricity, gas, water, trash collection
  • Negotiable Lease Term
  • Assessor Parcel Number 4470-017-034

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished
  • Security Deposit: 200000
  • Tenant Pays: Cable TV, Electricity, Gas, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Style: Cape Cod
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: Negotiable
  • Living Area: 4300
  • Lot Acreage: 0.2277
  • Lot Dimensions: 47x192
  • Stories: 3
  • Year Built: 1970
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Mixed, Ceramic Tile, Hardwood
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Equipment: Built-Ins, Microwave, Garbage Disposal, Dryer, Dishwasher, Ceiling Fan, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 18.60

Exterior Features

  • Pool: No
  • Spa: Above Ground, Heated, Private
  • Spa Yn: Yes
  • View: Ocean, Coastline, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Parking Garage: Driveway, On street
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Gated Community
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4470-017-034
  • Lot Size Area: 9917

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2014
Closed on
Apr 17, 2014
Sold by
31508 Victoria Point Llc
Bought by
The Hopkins Family Trust
Seller's Agent
Jeff Chertow
Pinnacle Estate Properties
Buyer's Agent
Shen Schulz
Sotheby's International Realty
List Price
$10,400,000
Sold Price
$9,930,000
Premium/Discount to List
-$470,000
-4.52%
Current Estimated Value
$9,487,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$442,786
Avg. Annual Appreciation
-0.39%
Original Mortgage
$5,000,000
Outstanding Balance
$1,472,810
Interest Rate
4.35%
Mortgage Type
New Conventional
Estimated Equity
$8,014,404

Purchase Details

Closed on
Mar 21, 2007
Sold by
Evans David J
Bought by
31508 Victoria Point Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2006
Sold by
Evans David J and Evans Jean B
Bought by
Evans David J

Purchase Details

Closed on
Jun 1, 1999
Sold by
Evans David J and Evans Jean B
Bought by
Evans David J and Evans Jean B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.87%

Purchase Details

Closed on
Apr 22, 1999
Sold by
Horn Alan F
Bought by
Evans David J and Evans Jean B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.87%
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
The Hopkins Family Trust $9,930,099 Chicago Title Company
31508 Victoria Point Llc -- Chicago Title Co
Evans David J -- None Available
Evans David J -- --
Evans David J $2,175,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Hopkins Family Trust $5,000,000
Previous Owner 31508 Victoria Point Llc $4,800,000
Previous Owner Evans David J $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2021 11/17/21 Rented $75,000 -6.3% --
09/26/2021 09/26/21 Price Changed $80,000 -20.0% $19 / Sq Ft
08/13/2021 08/13/21 For Rent $100,000 0.0% --
08/11/2021 08/11/21 Sold $12,114,000 -0.7% $3,663 / Sq Ft View Prior Sale
05/04/2021 05/04/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $12,200,000 +22.9% $3,689 / Sq Ft
05/08/2014 05/08/14 Sold $9,930,000 -4.5% $2,422 / Sq Ft View Prior Sale
04/10/2014 04/10/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $10,400,000 -- $2,537 / 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 $165,026 $12,855,472 $10,284,378 $2,571,094
2024 $158,367 $12,603,405 $10,082,724 $2,520,681
2023 $155,539 $12,356,280 $9,885,024 $2,471,256
2022 $153,092 $12,114,000 $9,691,200 $2,422,800
2021 $141,503 $11,245,805 $9,966,073 $1,279,732
2020 $140,132 $11,130,494 $9,863,884 $1,266,610
2019 $138,334 $10,912,250 $9,670,475 $1,241,775
2018 $131,783 $10,698,285 $9,480,858 $1,217,427
2016 $126,219 $10,282,858 $9,112,705 $1,170,153
2015 $124,564 $10,128,401 $8,975,824 $1,152,577
2014 $98,460 $6,717,735 $5,679,447 $1,038,288
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-772626

The MLS

APN: 4470-017-034

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