NOT LISTED FOR SALE

33616 Pacific Coast Hwy Malibu, CA 90265

Encinal Bluffs Neighborhood

Estimated Value: $4,721,000 - $12,900,248

5 Beds
9 Baths
7,500 Sq Ft
$1,185/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $10,000,000 $1,333 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $59,093/month

Highlights

  • Ocean View
  • Home Theater
  • 28,553 Sq Ft lot
  • Malibu Elementary School Rated A
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of April 2018

Newly constructed Balinese-style oasis with 138' of bluff-top frontage with panoramic views from Point Dume to the Santa Barbara Islands and deeded access to the exclusive "Watkins Cove" beach via a private driveway or stairs. Incorporating the best of indoor/outdoor living with automated glass walls, this sun-filled estate has natural & rare finishes throughout and ocean views from just about every room. It offers a formal living room, 2 family rooms, & state-of-the-art home theater. It has a gourmet granite island kitchen that flows out to a huge wood terrace w/BBQ island that's perfect for outdoor dining/entertaining, a generous owner's suite w/fireplace, private deck & luxurious spa-like bath, plus 4-exquisitely designed en-suite bdrms. The manicured ground offers multiple sitting/lounging areas & a custom pool/waterfall spa with a spectacular 1,100-gallon aquarium backdrop, & 2-car garage w/guest parking. High Season/Summer 100-125K a month. Shorter term on a case by case basis.

Last Agent to Rent the Property

Aubrey Coles

Beverly and Company, Inc. License #02005030 Listed on: 05/31/2017

Beverly and Company, Inc.

Last Renter's Agent

Aubrey Coles

Beverly and Company, Inc. License #02005030 Listed on: 05/31/2017

Beverly and Company, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $129,030

Year Built

  • Built in 2015

Lot Details

  • 0.66 Acre Lot
  • Property is zoned LCRA1Y

Property Views

  • Ocean
  • Coastline
  • Bluff
  • Pool

Interior Spaces

  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Dining Area
  • Home Theater

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • In-Law or Guest Suite
  • 9 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Driveway

Pool

  • Heated In Ground Pool
  • Waterfall Pool Feature

Outdoor Features

  • Covered Patio or Porch
  • Lanai
  • Built-In Barbecue

Utilities

  • Central Heating

Listing and Financial Details

  • Security Deposit $110,000
  • 12 Month Lease Term
  • Assessor Parcel Number 4473-021-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$129,030

Year Built

Built in 2015

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Lease Option: 1
  • Security Deposit: 110000

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Stories: 3
  • Year Built: 2015
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Family Room, Master Bedroom
  • Flooring: Mixed
  • Appliances: Built-In BBQ, Double Oven, Gas, Microwave
  • Bedrooms: 5
  • Full Bathroom: 9
  • Half Bathroom: 0
  • Bedroom Features: Dressing Area, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Tile, Tub With Jets
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Family Kitchen, Kitchen Island
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 9.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated And Filtered, In Ground, Waterfall
  • Pool: Yes
  • View: Bluff, Coastline, Ocean, Pool
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4473-021-011
  • Geocode Override: No
  • Lot Size Area: 28553

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2017
Closed on
Apr 10, 2018
Sold by
Alessi David and The West Malibu Bluff Trust
Bought by
Peaches Llc
Seller's Agent
Aubrey Coles
Beverly and Company, Inc.
Buyer's Agent
Aubrey Coles
Beverly and Company, Inc.
Sold Price
$125,000
Current Estimated Value
$8,889,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,764,083
Avg. Annual Appreciation
-1.59%

Purchase Details

Closed on
Jul 20, 2015
Sold by
Pike Debi and The West Malibu Bluff Trust
Bought by
Alessi David and The West Malibu Bluff Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 24, 2010
Sold by
Lechuza Villas West Llc
Bought by
Pike Debi and The West Malibu Bluff Trust

Purchase Details

Closed on
Feb 24, 2003
Sold by
Heckler John C and Heckler Valeria M
Bought by
Lechuza Villas West Llc
Source: Public Records

Range of Values:

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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
Peaches Llc $10,000,000 Chicago Title Company
Alessi David -- None Available
Pike Debi -- Lawyers Title
Lechuza Villas West Llc $825,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alessi David $2,000,000
Previous Owner Alessi David $500,000
Previous Owner Alessi David $4,000,000
Previous Owner Pike Debi $2,500,000
Previous Owner Pike Debi $900,000
Previous Owner Lechuza Villas West Llc $500,000
Previous Owner Lechuza Villas West Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2018 04/23/18 Rented $125,000 0.0% --
04/20/2018 04/20/18 Sold $10,000,000 -19.7% $1,291 / Sq Ft
03/18/2018 03/18/18 Pending -- -- --
03/08/2018 03/08/18 Price Changed $12,450,000 -7.8% $1,608 / Sq Ft
10/02/2017 10/02/17 For Sale $13,500,000 0.0% $1,743 / Sq Ft
10/02/2017 10/02/17 For Rent $55,000 0.0% --
09/15/2017 09/15/17 Off Market $55,000 -- --
09/14/2017 09/14/17 Off Market $10,000,000 -- --
05/31/2017 05/31/17 For Rent $55,000 0.0% --
05/23/2017 05/23/17 For Sale $13,500,000 -- $1,743 / 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 $129,030 $11,378,288 $4,375,634 $7,002,654
2024 $129,030 $11,155,186 $4,289,838 $6,865,348
2023 $126,613 $10,936,458 $4,205,724 $6,730,734
2022 $125,192 $10,722,018 $4,123,259 $6,598,759
2021 $122,267 $10,511,783 $4,042,411 $6,469,372
2019 $119,907 $10,200,000 $3,922,512 $6,277,488
2018 $90,710 $7,950,363 $2,251,968 $5,698,395
2017 $88,557 $7,644,474 $2,207,812 $5,436,662
2016 $36,062 $3,139,162 $2,164,522 $974,640
2015 $35,617 $3,092,009 $2,132,009 $960,000
2014 $24,308 $2,090,246 $2,090,246 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Landlord's Agent in 2018

    Aubrey Coles

    Beverly and Company, Inc.

    (818) 382-4160

    Aubrey Coles
    Section Image
  • Chris Cortazzo

    Seller's Agent in 2018

    Chris Cortazzo

    Compass

    (310) 457-3995

    14 in this area

    226 Total Sales

    Chris Cortazzo
    Section Image
  • Sandro Dazzan

    Buyer's Agent in 2018

    Sandro Dazzan

    The Agency

    (310) 435-7556

    3 in this area

    99 Total Sales

    Sandro Dazzan
    Section Image
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Map

Source: The MLS

MLS Number: 17-236558

The MLS

APN: 4473-021-011

California Los Angeles County Malibu 90265 Encinal Bluffs

33616 Pacific Coast Hwy, Malibu, CA

This home is located at 33616 Pacific Coast Hwy, Malibu, CA 90265 since 31 May 2017 and is currently priced at $8,889,083. This property was built in 2015. 33616 Pacific Coast Hwy is a home located in Los Angeles County with nearby schools including Malibu Elementary School, Malibu Middle School, and Malibu High School.

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