NOT LISTED FOR SALE

31652 Broad Beach Rd Malibu, CA 90265

Encinal Bluffs Neighborhood

Estimated Value: $6,615,000 - $8,401,001

3 Beds
3.5 Baths
3,563 Sq Ft
$2,122/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $5,556,250 $1,559 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $45,491/month

Highlights

  • Ocean Front
  • Beach Access
  • Heated Spa
  • Malibu Elementary School Rated A
  • Indoor Spa
  • Primary Bedroom Suite

About This Home

As of April 2021

Long Term Broad Beach Furnished Lease: Simply the finest property available in Malibu right now! Enjoy panoramic ocean views from Point Dume to the Channel Islands from this ultra private home. Elegant modern design, clean lines, decorated to the nines with a chef's kitchen and water works plumbing make this the beach, or work from home get away, for even your most discerning resident. The en-suite oceanfront master bedroom, oversized walk-in closet and spa like bathroom is perfect for a romantic sunset engagement. Soaring ceilings, wide plank white oak floors, two more en-suite bedrooms, maids room, fully equipped home gym, home office, and private steps to Malibu's best beach, are just a few of the endless amenities of this world-class home. The ocean view spa, deck with firepit and outdoor kitchen make this an entertainers dream or just a chill place to relax to the soothing sounds of the ocean.

Last Agent to Rent the Property

Brian Merrick

Coldwell Banker Realty License #01204107 Listed on: 12/14/2020

Coldwell Banker Realty

Last Renter's Agent

Brian Merrick

Coldwell Banker Realty License #01204107 Listed on: 12/14/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994 | Remodeled

Lot Details

  • 10,794 Sq Ft Lot
  • Lot Dimensions are 188x60
  • Ocean Front
  • West Facing Home
  • Gated Home
  • Sprinkler System
  • Property is zoned LCR1*

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • Controlled Entrance

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Home Design

  • Modern Architecture
  • Plaster

Interior Spaces

  • 3,563 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Storage
  • Indoor Spa
  • Home Gym
  • Wood Flooring
  • Security Lights

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Spa
  • Beach Access
  • Balcony
  • Enclosed Glass Porch
  • Open Patio
  • Built-In Barbecue

Utilities

  • Air Conditioning
  • Central Heating
  • Property is located within a water district
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Security Deposit $100,000
  • Tenant pays for cable TV, electricity, gas, trash collection
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 4470-024-034

Home Details

Home Type

Single Family

Year Built

Built in 1994 | Remodeled

Lot Details

10,794 Sq Ft Lot

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished
  • Rent Control: No
  • Rent Includes: Gardener
  • Security Deposit: 100000
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Contact Listing Agent Brian Merrick 310-383-4336 Simply the finest property available in Malibu right now! Enjoy panoramic ocean views from Point Dume to the Channel Islands from this ultra private home. Elegant modern design, clean lines, decorated to the nines with a chef's kitchen and water works plumbing make this the beach, or work from home get away, for even your most discerning resident. The en-suite oceanfront master bedroom, oversized walk-in closet and spa like bathroom is perfect for a romantic sunset engagement. Soaring ceilings, wide plank white oak floors, two more en-suite bedrooms, maids room, fully equipped home gym, home office, and private steps to Malibu's best beach, are just a few of the endless amenities of this world-class home. The ocean view spa, deck with firepit and outdoor kitchen make this an entertainers dream or just a chill place to relax to the smooth sounds of the ocean.
  • Entry Location: Foyer
  • Lease Terms: 1+Year
  • Living Area: 3563
  • Lot Acreage: 0.2478
  • Lot Dimensions: 188x60
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1994
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Detached/No Common Walls, Furnished, Hot Tub, Built-Ins, Storage Space, Recessed Lighting
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood
  • Appliances: Built-In And Free Standing, Built-In BBQ, Built-In Gas, Gas, Oven-Gas, Oven
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: Main Floor Master Bedroom, WalkInCloset, Master Suite, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Granite, Shower and Tub, Remodeled, Powder Room, Steam Shower, Tile
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, In Kitchen, Kitchen Island
  • Kitchen Features: Counter Top, Granite Counters, Island, Pantry, Remodeled
  • Laundry: Inside, Laundry Area, Room
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Barbeque, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Washer, Refrigerator, Range/Oven, Satellite
  • Fireplace: Yes
  • Price Per S Q F T: 14.03
  • Windows: Skylights, Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Construction: Concrete, Plaster
  • Other Features: Barbecue Private, High Ceilings (9 Feet+)
  • Patio: Balcony, Deck(s), Enclosed, Living Room Deck Attached, Patio Open
  • Pool: No
  • Spa: Heated, Private
  • Spa Yn: Yes
  • View: Coastline, Water, White Water, Ocean, Panoramic
  • View: Yes
  • Waterfront: Beach Rights, Ocean

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Auto Driveway Gate, Controlled Entrance, Covered Parking, Direct Entrance, Door Opener, Driveway, Private Garage, Private, Gated, Garage Is Attached, Driveway - Concrete
  • Total Parking: 4

Utilities

  • Volt 220: In Garage
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Exterior Security Lights, Gated
  • Sewer: Septic Tank
  • Water: District

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 4470-024-034
  • Lot Description: Fenced
  • Lot Location: Beach Access
  • Lot Size Area: 10794

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2018
Sold by
Taite Richard Loren and Taite Trust
Bought by
Taite Richard Loren and The Wwd Trust
Current Estimated Value
$7,560,000

Purchase Details

Closed on
Jun 6, 2017
Sold by
Taite Richard L
Bought by
Taite Richard Loren and Taite Trust

Purchase Details

Closed on
Nov 10, 2016
Sold by
Douthit Randal L and Jones Patric
Bought by
Taite Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,520,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2006
Sold by
Douthit Randal L and Jones Patric
Bought by
Douthit Randal L and Jones Patric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,225,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2004
Sold by
Schipper Gregory A and Schipper Denise C
Bought by
Douthit Randall and Jones Patric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,640,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2003
Sold by
Schipper Gregory A and Schipper Denise C
Bought by
Schipper Gregory A and Schipper Denise C

Purchase Details

Closed on
Jan 21, 2002
Sold by
Stalford Joanne and The Stalford Trust
Bought by
Schipper Gregory A and Schipper Denise C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
4.12%

Purchase Details

Closed on
Sep 13, 2001
Sold by
Gersten Albert H and The Bernice Ann Gersten Living
Bought by
Stalford Joanne and The Stalford Trust

Purchase Details

Closed on
Sep 5, 2001
Sold by
Lapat Eva La
Bought by
Benson Michael and Benson Virginia J

Purchase Details

Closed on
Nov 1, 1996
Sold by
Stalford J Tr Stalford Trust
Bought by
Gersten Bernice Ann and Bernice Ann Gersten Living Tru

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
8.14%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 21, 1994
Sold by
Gersten Construction Co
Bought by
Gersten Bernice Ann and Bernice Ann Gersten Living Tru
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
Taite Richard Loren -- None Available
Taite Richard Loren -- None Available
Taite Richard L $5,556,500 California Title
Douthit Randal L -- Fidelity Van Nuys
Douthit Randall $5,200,000 Stewart Title Company
Schipper Gregory A -- --
Schipper Gregory A -- Fidelity Title
Stalford Joanne -- Provident Title
Benson Michael -- Investors Title Company
Gersten Bernice Ann $900,000 First American
Gersten Bernice Ann $900,000 --
Stalford Joanne $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taite Richard L $4,520,000
Previous Owner Douthit Randal L $4,225,000
Previous Owner Douthit Randall $3,640,000
Previous Owner Schipper Gregory A $1,400,000
Previous Owner Gersten Bernice Ann $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2021 04/13/21 Rented $50,000 0.0% --
12/14/2020 12/14/20 For Rent $50,000 0.0% --
01/31/2017 01/31/17 Sold $5,556,250 -4.2% $1,559 / Sq Ft View Prior Sale
04/12/2016 04/12/16 For Sale $5,800,000 -- $1,628 / 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 $78,542 $6,693,110 $5,577,593 $1,115,517
2024 $78,542 $6,561,874 $5,468,229 $1,093,645
2023 $77,035 $6,433,210 $5,361,009 $1,072,201
2022 $76,223 $6,307,070 $5,255,892 $1,051,178
2021 $74,440 $6,183,403 $5,152,836 $1,030,567
2019 $73,025 $6,000,000 $5,000,000 $1,000,000
2018 $67,040 $5,667,324 $4,533,900 $1,133,424
2016 $73,731 $6,245,560 $4,567,582 $1,677,978
2015 $72,784 $6,151,747 $4,498,973 $1,652,774
2014 $71,627 $6,031,244 $4,410,845 $1,620,399
Source: Public Records

Agents Affiliated with this Home

  • Brian Merrick

    Landlord's Agent in 2021

    Brian Merrick

    Coldwell Banker Realty

    (310) 383-4336

    1 in this area

    31 Total Sales

    Brian Merrick
    Section Image
  • Felecia Wesley

    Seller's Agent in 2017

    Felecia Wesley

    Sotheby's International Realty

    (310) 256-6568

    16 Total Sales

    Felecia Wesley
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Carol Dotson

    Pacific Sotheby's Int'l Realty

    Section Image
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Map

Source: The MLS

MLS Number: 20-670300

The MLS

APN: 4470-024-034

California Los Angeles County Malibu 90265 Encinal Bluffs

31652 Broad Beach Rd, Malibu, CA

Not Listed for Sale

Detached

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