NOT LISTED FOR SALE

31516 Victoria Point Rd Malibu, CA 90265

Broad Beach Neighborhood

Estimated Value: $7,393,000 - $13,569,621

4 Beds
5 Baths
4,335 Sq Ft
$2,289/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $13,600,000 $3,137 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $67,103/month

70 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Spa
  • Malibu Elementary School Rated A
  • Wine Room
  • Primary Bedroom Suite

About This Home

As of September 2023

This iconic Property was once owned by the King of Cool himself, Steve McQueen. Today it is a sensational Modern beach house. Completely renovated and set behind gates at the far west end of prestigious Broad Beach. A very special home that offers total privacy and seclusion, panoramic white water and coastline views, and direct access to the sandy beaches and coves of Victoria Point. Designed in the minimalistic style of renowned architect John Pawson - the home has a serene, open, clean and uncluttered feel. There are floor to ceiling walls of glass that let in abundant natural light and slide open to expansive ocean front decks. The indoor - outdoor flow is seamless bringing in the sights and sounds of the sea as dolphins, whales and surfers play out front. The open floor plan adds volume and depth as the interior flows freely from gourmet kitchen to ocean view dining and entertainment spaces on down to a comfortable living room with fireplace and attached water front deck. The principal suite is sumptuous with its own fireplace, luxurious spa bath, over-sized walk-in closet and private balcony. There is a second principal suite complete with lounge area, soaking tub, and its own spacious deck - all set at eye level to the sea. There are two additional guest suites, a wine bar and, of course, no Steve McQueen property would be complete without a meticulous 3-car garage. A cool Contemporary on a beautiful stretch of beach in Malibu making it a Great Escape!

Last Agent to Sell the Property

David Fowler

Estate Properties License #01416501 Listed on: 06/19/2023

Estate Properties

Co-Listed By

Mark S. Gruskin

Westside Estate Agency-Malibu License #01324387

Last Buyer's Agent

Susan Monus

Coldwell Banker Realty License #00827409

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $170,855

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 8,938 Sq Ft Lot
  • Beach Front
  • South Facing Home
  • Gated Home
  • Bluff on Lot
  • Property is zoned LCR1*

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage

Property Views

  • White Water Ocean
  • Coastline
  • City Lights

Home Design

  • Split Level Home

Interior Spaces

  • 4,335 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Sliding Doors
  • Wine Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Living Room with Attached Deck
  • Dining Room
  • Alarm System

Kitchen

  • Oven or Range
  • Range
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • 5 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 4470-017-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$170,855

Year Built

Built in 1988 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: This iconic Property was once owned by the King of Cool himself, Steve McQueen. Today it's a sensational Modern beach house. Completely renovated and set behind gates at the far west end of prestigious Broad Beach. A very special home that offers total privacy, panoramic white water ocean views, and direct access to the sandy beaches and coves of Victoria Point. Designed in the minimalistic fashion of architect John Pawson - the home has a serene, open and uncluttered feel. There are high ceilings and walls of glass that let in abundant natural light and slide open to expansive ocean front decks. The indoor - outdoor flow is seamless and the interior is both luxurious and comfortable while outside the sights and sounds of the sea fill one's senses with inspiration and joy. An amazing place to live the Malibu lifestyle!
  • Entry Location: Foyer
  • Living Area: 4335
  • Lot Acreage: 0.2052
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1988
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Living Room Deck Attached
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Appliances: Range
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, WalkInCloset, 2 Master Bedrooms
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Kitchen Island, Dining Area
  • Kitchen Features: Island, Stone Counters
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 3459.05

Exterior Features

  • Direction Faces: South
  • Other Features: High Ceilings (9 Feet+), Sliding Glass Doors
  • Other Structures: None
  • Patio: Deck(s), Living Room Deck Attached, Balcony
  • Pool: No
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: City Lights, Coastline, Ocean, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 2
  • Parking Garage: Garage - 3 Car
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Assessor Parcel Number: 4470-017-033
  • Lot Description: Gated Community
  • Lot Location: Beach Front, Bluff Front
  • Lot Size Area: 8938

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Sep 11, 2023
Sold by
Malik Ammar and Chyna Rae
Bought by
Vahabzadegan
Seller's Agent
David Fowler
Estate Properties
Buyer's Agent
Susan Monus
Coldwell Banker Realty
List Price
$14,995,000
Sold Price
$13,600,000
Premium/Discount to List
-$1,395,000
-9.3%
Views
1702
Current Estimated Value
$9,922,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,677,793
Avg. Annual Appreciation
-13.66%

Purchase Details

Closed on
Sep 17, 2020
Sold by
Levin Neville and Neville And Leah Levin Family
Bought by
20514 Victoria Point Llc

Purchase Details

Closed on
Sep 11, 2020
Sold by
20514 Victoria Point Llc
Bought by
Malik Ammar and Bardarson Chyna Rae

Purchase Details

Closed on
Jul 7, 2020
Sold by
Mcquean Chad and The Chad Mcqueen Trust
Bought by
Levin Neville and Levin Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,763,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2000
Sold by
Mcqueen Chadwick S
Bought by
Mcqueen Chad and Chad Mcqueen Trust
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
Vahabzadegan $13,600,000 Equity Title Company
20514 Victoria Point Llc -- First American Title Company
Malik Ammar $8,350,000 First American Title Company
Levin Neville $7,200,000 First American Title Company
Mcqueen Chad -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malik Ammar $4,000,000
Previous Owner Malik Ammar $4,700,000
Previous Owner Mcqueen Chad $1,763,000
Previous Owner Mequcen Chad $1,300,000
Previous Owner Mcqueen Chad $500,000
Previous Owner Mcqueen Chad $965,000
Previous Owner Mcqueen Chad $900,000
Previous Owner Mcqueen Chad $250,000
Previous Owner Mcqueen Chadwick Steven $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $13,600,000 -9.3% $3,137 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $14,995,000 -- $3,459 / 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 $170,855 $13,872,000 $10,950,210 $2,921,790
2024 $170,855 $13,600,000 $10,735,500 $2,864,500
2023 $114,671 $8,687,340 $6,762,600 $1,924,740
2022 $112,601 $8,517,000 $6,630,000 $1,887,000
2021 $109,137 $8,350,000 $6,500,000 $1,850,000
2020 $36,203 $2,070,456 $1,027,285 $1,043,171
2019 $35,848 $2,029,860 $1,007,143 $1,022,717
2018 $34,434 $1,990,060 $987,396 $1,002,664
2016 $32,154 $1,912,785 $949,055 $963,730
2015 $31,762 $1,884,054 $934,800 $949,254
2014 $45,049 $1,847,149 $916,489 $930,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-276651

The MLS

APN: 4470-017-033