NOT LISTED FOR SALE

Estimated Value: $7,711,000 - $8,853,062

4 Beds
6 Baths
3,938 Sq Ft
$2,068/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $10,500,000 $2,666 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $45,721/month

92 Days on Market

Highlights

  • White Water Ocean Views
  • Heated Spa
  • Contemporary Architecture
  • Malibu Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of August 2024

Nestled along the gated and prestigious Sea Level Drive, this remarkable four-level residence exudes elegance and tranquility. Enter through the inviting, private courtyard bathed in sunlight or via the attached 2-car garage equipped with an elevator. Illuminated by an abundance of natural light and boasting captivating ocean vistas, step into the grand living room adorned with vaulted ceilings, a chic bar area, and a cozy fireplace. Floor-to-ceiling glass walls and sliding doors seamlessly merge indoor and outdoor spaces, inviting you to the oceanfront deck where serene moments and memorable gatherings await. On the second level find a chef's kitchen, featuring high-end stainless Thermidor appliances and a spacious center island offering sweeping ocean views. The third floor features four ensuite bedrooms, along with the primary bedroom facing the pacific with a spa like bath, fireplace, and sprawling ocean-view deck. In addition to the homes beach frontage, the property includes a beach lot immediately adjacent: 4470-001-003 (4,409 sq. ft.). Also for lease unfurnished for $27,500 per month, one year lease minimum and/or 'long term' only.

Last Agent to Sell the Property

Sandro Dazzan

The Agency License #01418033 Listed on: 03/14/2024

The Agency

Co-Listed By

Irene Dazzan

The Agency License #00597226

Last Buyer's Agent

Tomer Fridman

Christie's International Real Estate SoCal License #01750717

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 4,714 Sq Ft Lot
  • Property is zoned LCR1*

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,938 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Built-In Features
  • Living Room with Fireplace
  • 3 Fireplaces
  • Alarm System
  • Laundry in Garage

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 6 Full Bathrooms
  • Fireplace in Bathroom

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Driveway
  • Guest Parking
  • On-Street Parking

Pool

  • Heated Spa
  • Above Ground Spa

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4470-001-004

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

4,714 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 3938
  • Lot Acreage: 0.1082
  • Planned Urban Dev: 0
  • Stories: 4
  • Year Built: 1994
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Bath, Master Bedroom
  • Flooring: Stone Tile, Carpet, Wood
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 6
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 6.00
  • Equipment: Alarm System, Built-Ins, Garbage Disposal, Dishwasher, Freezer, Water Filter, Range/Oven, Elevator
  • Fireplace: Yes
  • Price Per S Q F T: 2729.81

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa: Above Ground, Private, Heated
  • Spa Yn: Yes
  • View: Ocean, Coastline, City Lights, Catalina, Mountains, Water, White Water, Panoramic
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Covered Parking, Driveway, On street, Parking for Guests - Onsite
  • Total Parking: 4

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4470-001-004
  • Lot Size Area: 4714

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Aug 1, 2024
Sold by
Liberman Trust and Liberman Esther
Bought by
Kundry Trust and Richards
Seller's Agent
Sandro Dazzan
The Agency
Buyer's Agent
Tomer Fridman
Christie's International Real Estate SoCal
List Price
$11,250,000
Sold Price
$10,500,000
Premium/Discount to List
-$750,000
-6.67%
Views
4113
Current Estimated Value
$8,144,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,355,646
Avg. Annual Appreciation
-15.77%
Original Mortgage
$3,150,000
Interest Rate
6.89%
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
Kundry Trust $10,500,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kundry Trust $3,150,000
Closed Kundry Trust $7,875,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Sold $10,500,000 -2.3% $2,666 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
05/03/2024 05/03/24 Price Changed $10,750,000 -4.4% $2,730 / Sq Ft
03/14/2024 03/14/24 For Sale $11,250,000 -- $2,857 / 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 $46,685 $8,125,000 $6,150,000 $1,975,000
2024 $46,685 $3,997,820 $3,193,552 $804,268
2023 $45,851 $3,919,433 $3,130,934 $788,499
2022 $45,319 $3,842,583 $3,069,544 $773,039
2021 $44,244 $3,767,239 $3,009,357 $757,882
2019 $43,383 $3,655,502 $2,920,099 $735,403
2018 $41,208 $3,583,827 $2,862,843 $720,984
2016 $39,707 $3,444,665 $2,751,676 $692,989
2015 $39,174 $3,392,924 $2,710,344 $682,580
2014 $38,577 $3,326,463 $2,657,253 $669,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-367493

The MLS

APN: 4470-001-004

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