NOT LISTED FOR SALE

3556 Sweetwater Mesa Rd Malibu, CA 90265

Serra Retreat Neighborhood

Estimated Value: $8,203,000 - $11,343,410

4 Beds
5.5 Baths
3,677 Sq Ft
$2,548/Sq Ft Est. Value

Last Sold February 02, 2015

Last sale price $10,650,000 $2,896 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $61,544/month

207 Days on Market

Highlights

  • White Water Ocean Views
  • 24-Hour Security
  • Heated In Ground Pool
  • Webster Elementary School Rated A
  • Home Theater
  • 108,396 Sq Ft lot

About This Home

As of February 2015

Bold architectural statement in Malibu's exclusive Serra Retreat. The Pier House is a stunning example of contemporary architecture with spectacular and awe-inspiring ocean views. The interior is a sharp and sophisticated blend of textures and colors. The large master suite has his and hers baths, a seating area with fireplace and a window seat that must be seen to be believed. The open living area has sliding walls of glass that open to expansive decks and dramatic swimming pool. The home also features a game room, home theater and a sleek designer kitchen. Sited on nearly 2.5 acres, the exterior has a garden area for outdoor entertaining, a fire-pit adjacent to the pool and sound system for both inside and outside the home. Truly a world class estate.

Last Agent to Sell the Property

Greg Holcomb

Carolwood Estates License #01347788 Listed on: 05/29/2014

Carolwood Estates

Co-Listed By

Mark Rutstein

Carolwood Estates License #01785276

Last Buyer's Agent

Greg Holcomb

Carolwood Estates License #01347788 Listed on: 05/29/2014

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $144,719

Year Built

  • Built in 1981

Lot Details

  • 2.49 Acre Lot
  • Gated Home
  • Property is zoned LCA11*

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Interior Spaces

  • 2-Story Property
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Area
  • Home Theater
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet
  • Powder Room

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Open Patio
  • Fire Pit

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Septic Tank

Community Details

  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 4452-017-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$144,719

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Stories: 2
  • Year Built: 1981
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit, Living Room, Master Retreat
  • Flooring: Mixed, Tile, Wood
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 5
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 6.00
  • Den: 0
  • Fireplace: Yes

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Heated, Private
  • Spa Yn: Yes
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, White Water
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central, Zoned
  • Security: 24 Hour, Gated, Guarded
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA Fees: 325.00

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4452-017-008
  • Geocode Override: No
  • Lot Size Area: 108396

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2014
Closed on
Jan 6, 2015
Sold by
Ferguson Lisa
Bought by
Thomson Michael D
Seller's Agent
Greg Holcomb
Carolwood Estates
Buyer's Agent
Greg Holcomb
Carolwood Estates
List Price
$12,500,000
Sold Price
$10,650,000
Premium/Discount to List
-$1,850,000
-14.8%
Current Estimated Value
$9,370,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,279,863
Avg. Annual Appreciation
-1.10%
Original Mortgage
$10,650,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 29, 2014
Closed on
Jan 5, 2015
Sold by
Thomson Seunghee
Bought by
Thomson Michael D
Seller's Agent
Greg Holcomb
Carolwood Estates
Buyer's Agent
Greg Holcomb
Carolwood Estates
List Price
$12,500,000
Sold Price
$10,650,000
Premium/Discount to List
-$1,850,000
-14.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,650,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 30, 2005
Sold by
Drescher Michael D
Bought by
Ferguson Lisa and The Alvy Singer Living Trust

Purchase Details

Closed on
Jan 21, 2004
Sold by
Drescher Michael Dennis
Bought by
Drescher Michael D and Michael D Drescher Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2004
Sold by
Pukke Andris
Bought by
Drescher Michael Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2003
Sold by
Drescher Michael Dennis
Bought by
Pukke Andris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.79%

Purchase Details

Closed on
Jan 22, 2002
Sold by
Madron Sasha
Bought by
Madron Sasha and The Savvy Trust

Purchase Details

Closed on
Jan 4, 2002
Sold by
Madron Sasha
Bought by
Drescher Michael Dennis

Purchase Details

Closed on
Sep 19, 2001
Sold by
Ash Rick
Bought by
Madron Sasha
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
Thomson Michael D $10,650,000 Fidelity National Title Co
Thomson Michael D -- Fidelity National Title Co
Ferguson Lisa -- --
Drescher Michael D -- --
Drescher Michael Dennis -- --
Pukke Andris -- First American
Madron Sasha -- Equity Title
Drescher Michael Dennis $1,650,000 Equity Title
Madron Sasha -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomson Michael D $10,650,000
Closed Thomson Michael D $10,650,000
Closed Thomson Michael D $10,650,000
Previous Owner Drescher Michael Dennis $2,800,000
Previous Owner Pukke Andris $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2015 02/02/15 Sold $10,650,000 -14.8% $2,896 / Sq Ft
05/29/2014 05/29/14 For Sale $12,500,000 -- $3,400 / 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 $144,719 $12,799,700 $11,657,946 $1,141,754
2024 $144,719 $12,548,726 $11,429,359 $1,119,367
2023 $142,004 $12,302,673 $11,205,254 $1,097,419
2022 $140,429 $12,061,445 $10,985,544 $1,075,901
2021 $137,190 $11,824,947 $10,770,142 $1,054,805
2019 $134,538 $11,474,215 $10,450,695 $1,023,520
2018 $127,825 $11,249,231 $10,245,780 $1,003,451
2017 $127,308 $11,028,659 $10,044,883 $983,776
2016 $123,302 $10,812,412 $9,847,925 $964,487
2015 $87,017 $7,596,757 $4,178,797 $3,417,960
2014 $85,714 $7,447,948 $4,096,941 $3,351,007
Source: Public Records

Agents Affiliated with this Home

  • Greg Holcomb

    Seller's Agent in 2015

    Greg Holcomb

    Carolwood Estates

    (310) 435-3711

    55 Total Sales

    Greg Holcomb
    Section Image
  • Mark Rutstein

    Seller Co-Listing Agent in 2015

    Mark Rutstein

    Carolwood Estates

    (310) 200-2524

    40 Total Sales

    Mark Rutstein
    Section Image
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Map

Source: The MLS

MLS Number: 14-765363

The MLS

APN: 4452-017-008

California Los Angeles County Malibu 90265 Serra Retreat

3556 Sweetwater Mesa Rd, Malibu, CA

This home is located at 3556 Sweetwater Mesa Rd, Malibu, CA 90265 since 29 May 2014 and is currently estimated at $9,370,137, approximately $2,548 per square foot. This property was built in 1981. 3556 Sweetwater Mesa Rd is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

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