31851 Sea Level Dr Unit B Malibu, CA 90265
Encinal Bluffs NeighborhoodEstimated payment $6,449/month
Total Views
43,499
3
Beds
4
Baths
2,906
Sq Ft
$344
Price per Sq Ft
Highlights
- Ocean View
- Home Theater
- Midcentury Modern Architecture
- Malibu Elementary School Rated A
- Filtered Pool
- Deck
About This Home
New Co-Ownership Opportunity: Own one-eighth of this professionally managed, turnkey home. Allure appeals to the senses: See this tasteful home's compelling modern lines, touch the beautiful interior elements, smell and hear the ocean breezes. The home, just steps from the beach, offers ocean views, a home theater and an infinity pool. The living room has a gas fireplace, beamed ceilings and sliding glass pocket doors framing the view. The gourmet kitchen offers high-end appliances, an island and breakfast bar, and access to a deck for grilling. Doors in the formal dining room reveal the pool deck, hot tub and fire pit. The primary suite has a fireplace, a walk-in closet and sliding glass pocket doors to a private garden. The en suite bathroom includes an elegant dual-sink vanity and steam shower. Downstairs is the state-of-the-art home theater with projection screen, two guest rooms with en suite bathrooms, and an office/flex space. The home comes fully furnished and professionally decorated.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $89,829
Year Built
- Built in 1974 | Remodeled
Lot Details
- 7,386 Sq Ft Lot
Parking
- 2 Car Attached Garage
Property Views
- Ocean
- Canyon
- Pool
Home Design
- Midcentury Modern Architecture
- Split Level Home
Interior Spaces
- 2,906 Sq Ft Home
- 2-Story Property
- Furnished
- Ceiling Fan
- Gas Fireplace
- Living Room with Fireplace
- 2 Fireplaces
- Dining Room
- Home Theater
- Home Office
- Wood Flooring
Kitchen
- Breakfast Area or Nook
- Gas Oven
- Gas and Electric Range
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
Laundry
- Laundry closet
- Dryer
Pool
- Filtered Pool
- In Ground Pool
- Heated Spa
- Above Ground Spa
- Waterfall Pool Feature
Outdoor Features
- Balcony
- Deck
- Built-In Barbecue
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
Map
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Home Values in the Area
Average Home Value in this Area
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 | $89,829 | $7,932,528 | $6,346,023 | $1,586,505 |
| 2024 | $89,829 | $7,776,990 | $6,221,592 | $1,555,398 |
| 2023 | $88,219 | $7,624,500 | $6,099,600 | $1,524,900 |
| 2022 | $63,418 | $5,414,619 | $4,288,808 | $1,125,811 |
| 2021 | $61,934 | $5,308,451 | $4,204,714 | $1,103,737 |
| 2019 | $60,732 | $5,151,000 | $4,080,000 | $1,071,000 |
| 2018 | $38,700 | $3,366,000 | $2,550,000 | $816,000 |
| 2016 | $40,165 | $3,488,309 | $2,942,610 | $545,699 |
| 2015 | $39,625 | $3,435,913 | $2,898,410 | $537,503 |
| 2014 | $39,022 | $3,368,610 | $2,841,635 | $526,975 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2025 02/07/25 | For Sale | $999,999 | -- | $344 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $7,475,000 | Fidelity National Title | |
| Grant Deed | $5,050,000 | Fidelity National Title Com | |
| Grant Deed | $3,300,000 | Title 365 | |
| Trustee Deed | $601,000 | Stewart Title Of California | |
| Trustee Deed | $601,000 | Stewart Title Of California | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Title 365 | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $2,900,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,875,000 | Credit Line Revolving | |
| Closed | $4,875,000 | Construction | |
| Previous Owner | $3,491,937 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $3,535,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,800,000 | Purchase Money Mortgage | |
| Previous Owner | $880,000 | Purchase Money Mortgage | |
| Previous Owner | $430,000 | Unknown | |
| Previous Owner | $800,000 | Unknown | |
| Previous Owner | $42,000 | Purchase Money Mortgage | |
| Previous Owner | $2,175,000 | New Conventional | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $282,000 | Unknown |
Source: Public Records
Similar Homes in Malibu, CA
Source: The MLS
MLS Number: 25495737
APN: 4470-026-028
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