NOT LISTED FOR SALE

32453 Pacific Coast Hwy Malibu, CA 90265

Estimated Value: $5,131,000 - $9,768,578

7 Beds
11 Baths
11,001 Sq Ft
$708/Sq Ft Est. Value

Last Sold August 07, 2023

Last sale price $9,775,000 $889 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $52,496/month

265 Days on Market

Highlights

  • White Water Ocean Views
  • Detached Guest House
  • Home Theater
  • Malibu Elementary School Rated A
  • Basketball Court
  • Heated In Ground Pool

About This Home

As of August 2023

Harmony, grace, and unrivaled ocean and island views define this inspired Mediterranean villa created for grand indoor-outdoor entertaining. Set behind gates on more than five acres, the property is superbly crafted and gorgeously appointed inside and out. Complete with a guest house and dual owner's suites, the residence combines traditional details, such as vaulted ceilings, soffit lighting, and travertine floors, with an updated open layout, elevator, built-in sound system, and expansive use of glass. The property is fully permitted and ready to build a tennis court. The grand chandelier foyer reveals the home's sophisticated elegance, with panoramic ocean views that are enjoyed by almost every room. Step down to the majestic living room, complete with a huge fireplace and extra-wide glass doors that open to a wraparound view balcony. The adjacent dining room shares the balcony and ocean views, while the spacious family room has French doors onto the front yard. The enormous kitchen would impress any chef, with dark green granite countertops, a large island with seating and built-ins, dual appliances of exceptional quality, and a pantry room.A hallway off the kitchen has a full bath as well as an en-suite bedroom with ocean views. From the foyer, the home's other wing features an ocean-view office, a two-tiered movie theater, and three more en-suite bedrooms. A laundry room and two powder rooms complete the main floor. The upper level, accessed by elevator or the wide central staircase, comprises two exquisite ocean-view owner's suites, each with vaulted ceilings, hand-scraped walnut floors, fireplace, sitting area, balcony, huge custom closets, and a total of three lavish spa-style bathrooms. The estate's manicured grounds with a new sprinkler system, mature trees, and fruit orchards feature an ocean-view infinity pool and spa, generous patio space for dining and entertaining, and an outdoor kitchen, and seating area. A separate one-bedroom, one-bath guest house is near the home's entry and the three-car garage. There is additional parking for more than a dozen cars. This is a legacy estate of spectacular character and quality. All the A/C units in the main house are new. The home music system and speakers are new. The appraised House SF is 10,689, the Guest House SF is 312.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 09/20/2022

Compass

Last Buyer's Agent

Mike Zelener

Pacific Coast Realty License #01772093

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $114,120

Year Built

  • Built in 2001

Lot Details

  • 5.03 Acre Lot
  • Property fronts a private road
  • Gated Home
  • Wrought Iron Fence
  • Chain Link Fence
  • Landscaped
  • Corners Of The Lot Have Been Marked
  • Sprinklers on Timer
  • Hilltop Location
  • Lawn
  • Property is zoned LCR120000*

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • Mountain
  • Hills
  • Pool

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Clay Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 11,001 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Built-In Features
  • Bar
  • Crown Molding
  • Coffered Ceiling
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Great Room with Fireplace
  • 3 Fireplaces
  • Family Room
  • Living Room with Attached Deck
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Utility Room
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Kitchenette
  • Walk-In Pantry
  • Double Convection Oven
  • Range with Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area
  • Two Primary Bathrooms
  • Powder Room
  • Maid or Guest Quarters
  • Granite Bathroom Countertops
  • Double Vanity
  • Bathtub with Shower
  • Double Shower
  • Steam Shower
  • Linen Closet In Bathroom

Home Security

  • Security System Owned
  • Security Lights
  • Fire Sprinkler System

Parking

  • 14 Car Attached Garage
  • 4 Detached Carport Spaces
  • Circular Driveway
  • Auto Driveway Gate
  • Guest Parking
  • Uncovered Parking
  • RV Access or Parking
  • Controlled Entrance

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Pool Tile

Outdoor Features

  • Basketball Court
  • Balcony
  • Open Patio
  • Built-In Barbecue
  • Rain Gutters

Additional Homes

  • Detached Guest House

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Property is located within a water district
  • Hot Water Circulator
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4473-025-022

Community Details

Overview

  • No Home Owners Association
  • Property is near a ravine

Amenities

  • Service Entrance

Home Details

Home Type

Single Family

Est. Annual Taxes

$114,120

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Living Area: 11001
  • Lot Acreage: 5.0344
  • Stories: 2
  • Year Built: 2001
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Cathedral-Vaulted Ceilings, Coffered Ceiling(s), Crown Moldings, Detached/No Common Walls, High Ceilings (9 Feet+), Living Room Deck Attached, Open Floor Plan, Recessed Lighting, Sunken Living Room, Turnkey, Two Story Ceilings, Pre-wired for surround sound, Wet Bar
  • Fireplace Rooms: Master Bedroom, Master Retreat, Great Room
  • Flooring: Carpet, Marble, Wood
  • Appliances: Built-In BBQ, Built-Ins, Convection Oven, Double Oven, Microwave, Oven, Range, Range Hood, Warmer Oven Drawer
  • Bedrooms: 7
  • Fireplaces: 3
  • Full Bathroom: 9
  • Half Bathroom: 2
  • Bedroom Features: 2 Master Bedrooms, Dressing Area, Master Retreat, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Double Shower, Double Vanity(s), Granite, Linen Closet, Powder Room, Shower Over Tub, Shower Stall, Steam Shower
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Family Room, Formal Dining Rm, In Kitchen, Kitchen Island, Living Room
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Island, Kitchenette, Pantry
  • Laundry: Room, Inside
  • Maids Room: 1
  • Total Bathrooms: 11.00
  • Den: 0
  • Equipment: Alarm System, Bar Ice Maker, Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Elevator, Freezer
  • Fireplace: Yes
  • Price Per S Q F T: 954.46
  • Windows: Double Pane Windows

Exterior Features

  • Construction: Hard Coat, Stone, Stucco
  • Other Features: Balcony, Double Door Entry, High Ceilings (9 Feet+), French Doors, Full Copper Plumbing, Rain Gutters, Service Entrance, Slab, Sliding Glass Doors, Sprinkler System
  • Other Structures: GuestHouse
  • Tennis Court: Basketball, Room For
  • Tennis Court Y/N: No
  • Fence: Chain Link, Wrought Iron
  • Guest House: Detached
  • Patio: Balcony, Concrete Slab, Deck(s), Living Room Deck Attached
  • Pool Description: Heated And Filtered, In Ground, Tile, Private
  • Pool: Yes
  • Roof: Clay
  • Spa: Heated, Private, In Ground
  • Spa Yn: Yes
  • View: Coastline, Mountains, Ocean, Panoramic, Pool, Hills, White Water
  • View: Yes

Garage/Parking

  • Carport Spaces: 4
  • Covered Parking: 3
  • Parking Garage: Carport Detached, Circular Driveway, Covered Parking, Controlled Entrance, Driveway - Pavers, Garage - 3 Car, Driveway Gate, Garage Is Detached, Gated, Parking for Guests, Private, RV Access, Uncovered
  • Total Parking: 14

Utilities

  • Volt 220: In Garage, In Laundry, In Kitchen
  • Water Heater: Gas, Hot Water Circulator, Instant Hot Water
  • Cooling: Central, Multi/Zone
  • Heating: Central, Zoned
  • Security: Automatic Gate, Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Gated, Owned, Prewired for alarm system
  • Sewer: On Site, Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler Timer, Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 4473-025-022
  • Lot Description: Automatic Gate, Corners Established, Exterior Security Lights, Fenced, Gutters, Landscaped, Lawn, Street Asphalt, Utilities Underground, Yard
  • Lot Location: Hilltop, Private Road, Ravine
  • Lot Size Area: 219296

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Jun 23, 2023
Sold by
32453 Pch Llc
Bought by
5116 Hold Company Inc
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Mike Zelener
Pacific Coast Realty
List Price
$12,500,000
Sold Price
$9,775,000
Premium/Discount to List
-$2,725,000
-21.8%
Views
1331
Current Estimated Value
$7,783,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,991,605
Avg. Annual Appreciation
-8.27%

Purchase Details

Listed on
May 31, 2019
Closed on
Aug 28, 2019
Sold by
Kickerillo Vincent D and Kickerillo Mary F
Bought by
32453 Pch Llc
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Mildred Gaines
List Price
$8,450,000
Sold Price
$7,775,000
Premium/Discount to List
-$675,000
-7.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$5,831,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2002
Sold by
Kickerillo Mary K
Bought by
Kickerillo Vincent D

Purchase Details

Closed on
Dec 28, 1998
Sold by
Cameron Ronald G
Bought by
Kickerillo Mary K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
5116 Hold Company Inc $9,775,000 Usa National Title
32453 Pch Llc $7,775,000 Stewart Title Company
Kickerillo Vincent D -- First American Title Ins Co
Kickerillo Mary K $800,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 32453 Pch Llc $5,793,750
Previous Owner 32453 Pch Llc $5,831,250
Previous Owner Kickerillo Vincent D $3,122,409
Previous Owner Kickerillo Mary K $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $9,775,000 -6.9% $889 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
02/28/2023 02/28/23 Price Changed $10,500,000 -8.7% $954 / Sq Ft
11/15/2022 11/15/22 Price Changed $11,500,000 -8.0% $1,045 / Sq Ft
09/20/2022 09/20/22 For Sale $12,500,000 +60.8% $1,136 / Sq Ft
09/27/2019 09/27/19 Sold $7,775,000 -8.0% $611 / Sq Ft
05/31/2019 05/31/19 For Sale $8,450,000 -- $664 / 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 $114,120 $9,970,500 $1,994,100 $7,976,400
2024 $114,120 $9,775,000 $1,955,000 $7,820,000
2023 $95,754 $8,172,910 $1,634,581 $6,538,329
2022 $94,775 $8,012,658 $1,602,531 $6,410,127
2021 $92,560 $7,855,548 $1,571,109 $6,284,439
2019 $48,712 $4,007,341 $1,124,299 $2,883,042
2018 $45,942 $3,928,766 $1,102,254 $2,826,512
2016 $44,174 $3,776,209 $1,059,453 $2,716,756
2015 $43,589 $3,719,488 $1,043,540 $2,675,948
2014 $42,988 $3,646,629 $1,023,099 $2,623,530
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-201217

The MLS

APN: 4473-025-022