RENTED SEP 10, 2025

Estimated Value: $4,594,144 - $4,849,000

3 Beds
2.5 Baths
2,495 Sq Ft
$1,884/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $4,084,583 $1,637 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $28,707/month

Highlights

  • Ocean View
  • Spa
  • Furnished
  • Malibu Elementary School Rated A
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of September 2025

Exquisitely crafted home on Broad Beach available for short and long-term lease! Completely renovated in 2020/2021 and designed by the renowned architect Doug Burdge, this residence is a coastal oasis offering seamless indoor-outdoor living in one of Malibu's most sought after locations. Enter past Gabion stone walls and mature olive trees to a private entry patio, with a gas fireplace and built-in bench seating. Inside, a great room features soaring ceilings and is flooded with natural light through floor-to-ceiling doors and windows. A chic Poliform kitchen has Gaggenau appliances, illuminated cabinets, and island bar seating. The adjacent dining area flows into a family room with a mounted television and gas fireplace. Accordion and sliding glass doors at every point beckon you out onto a Tulum-inspired deck, complete with al-fresco dining areas, a sun-soaked outdoor lounge, a jacuzzi, and outdoor shower. The upper level offers three bedrooms, including the expansive primary suite which boasts a private ocean view patio with vanishing doors, a sitting area, and a spa-like bathroom complete with a soaking tub and Poliform closet. This property has access to a private gate leading to Lechuza Beach, a picturesque sandy beach perfect for long days in the sun, exploring tidepools, and relaxing sunset walks. Enjoy excellent proximity to Western Malibu's finest amenities including Trancas Country Market, hiking trails, and much more. This Malibu enclave was created with relaxation and elegance in mind, the perfect place to immerse yourself. Available long-term for $16,000/month or short-term for $25,000/month. Property comes fully furnished.

Last Agent to Rent the Property

Tony Mark

Compass License #01205648 Listed on: 06/05/2025

Compass

Co-Listed By

Justin Cumbee

Compass License #02037837

Last Renter's Agent

Tony Mark

Compass License #01205648 Listed on: 06/05/2025

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 4,255 Sq Ft Lot
  • Property is zoned LCR1*

Property Views

  • Ocean
  • Trees
  • Mountain

Interior Spaces

  • 2,495 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Dining Area
  • Utility Room
  • Laundry in Garage
  • Wood Flooring
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Soaking Tub

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Spa
  • Open Patio
  • Fire Pit

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Security Deposit $32,000
  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Seasonal Lease Term
  • Assessor Parcel Number 4470-026-002

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 32000
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: Season
  • Living Area: 2495
  • Lot Acreage: 0.0977
  • Stories: 2
  • Year Built: 1980
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room, Fire Pit
  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Built-Ins, Ceiling Fan, Dishwasher, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 5.17

Exterior Features

  • Pool: No
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: Mountains, Ocean, Tree Top
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car, Garage Is Attached
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4470-026-002
  • Lot Size Area: 4255

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Jul 19, 2021
Sold by
Burdge Douglas W and Burdge Laura E
Bought by
Barak Mory and Barak Tal M
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Tony Mark
Compass
List Price
$4,750,000
Sold Price
$4,084,583
Premium/Discount to List
-$665,417
-14.01%
Current Estimated Value
$4,700,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$615,953
Avg. Annual Appreciation
3.22%
Original Mortgage
$2,650,000
Outstanding Balance
$2,570,424
Interest Rate
9.5%
Mortgage Type
New Conventional
Estimated Equity
$2,130,112

Purchase Details

Listed on
May 16, 2016
Closed on
Oct 12, 2018
Sold by
Rfp Llc
Bought by
Burdge Douglas W and Burdge Laura E
Seller's Agent
Mike Gardner
Compass
Buyer's Agent
Mike Gardner
Compass
List Price
$2,025,000
Sold Price
$1,845,244
Premium/Discount to List
-$179,756
-8.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.82%
Original Mortgage
$1,476,195
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 26, 1999
Sold by
Globe Communications Corp
Bought by
Rfp Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Barak Mory $4,085,000 First American Title Company
Burdge Douglas W $1,845,500 First American Title Company
Rfp Llc $525,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barak Mory $2,650,000
Previous Owner Burdge Douglas W $1,476,195
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2025 09/10/25 Rented $12,900 0.0% --
09/09/2025 09/09/25 Under Contract -- -- --
08/29/2025 08/29/25 Price Changed $12,900 -19.4% $5 / Sq Ft
06/05/2025 06/05/25 For Rent $16,000 -20.0% --
02/07/2025 02/07/25 Rented $20,000 0.0% --
01/09/2025 01/09/25 For Rent $20,000 0.0% --
08/11/2021 08/11/21 Sold $4,084,583 -14.0% $1,717 / Sq Ft View Prior Sale
07/14/2021 07/14/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $4,750,000 +157.4% $1,997 / Sq Ft
10/25/2018 10/25/18 Sold $1,845,244 0.0% $776 / Sq Ft View Prior Sale
04/08/2017 04/08/17 Rented $9,000 0.0% --
03/08/2017 03/08/17 For Sale $2,025,000 0.0% $851 / Sq Ft
03/08/2017 03/08/17 Under Contract -- -- --
03/01/2017 03/01/17 Off Market $1,845,244 -- --
11/15/2016 11/15/16 Price Changed $2,025,000 0.0% $851 / Sq Ft
05/25/2016 05/25/16 Price Changed $9,500 0.0% $4 / Sq Ft
05/16/2016 05/16/16 For Sale $2,199,000 0.0% $924 / Sq Ft
03/15/2016 03/15/16 For Rent $7,900 -- --
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 $49,530 $4,334,503 $3,448,926 $885,577
2024 $49,530 $4,249,513 $3,381,300 $868,213
2023 $48,544 $4,166,190 $3,315,000 $851,190
2022 $47,982 $4,084,500 $3,250,000 $834,500
2021 $22,641 $1,901,396 $1,030,567 $870,829
2020 $22,511 $1,881,900 $1,020,000 $861,900
2019 $8,716 $686,342 $514,766 $171,576
2018 $8,276 $672,885 $504,673 $168,212
2016 $7,947 $646,758 $485,077 $161,681
2015 $7,839 $637,044 $477,791 $159,253
2014 $7,737 $624,566 $468,432 $156,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25548709

The MLS

APN: 4470-026-002