NOT LISTED FOR SALE

Estimated Value: $1,534,927 - $1,839,000

1.03 Acres
$1,660,194 Price per Acre
45,032 Sq Ft Lot

Last Sold July 07, 2023

Last sale price $1,650,000

Est. 4% increase in value since last sale

Current estimated payment $10,978/month

106 Days on Market

Highlights

  • White Water Ocean Views
  • Webster Elementary School Rated A
  • 1.03 Acre Lot

About This Lot

As of July 2023

Sold ready to break ground with active permits for a landmark estate! Introducing the Skylone House. Just 5 minutes from Pacific Coast Hwy and sandy beaches, this 1+ acre lot offers magnificent 180-degree views of the ocean, Catalina, breaking waves at Point Dume, and far beyond. The 3-story modern home by renowned architects totals a generous 6,450 sq. ft. and perfectly captures the views while maintaining privacy and tranquility in a stunning natural setting. The entry-level offers open-concept luxury with an entertaining area, large fish tank, media room, and dining space that flows into a high-end kitchen. All of this opens to a huge, outdoor sundeck with a fire pit and infinity-edge reflecting pool. The lower floor boasts a lavish, ocean-view master suite with a seating area, dual walk-in closets, fireplace, a spa-like bathroom, and access to an outdoor deck with a reflecting pool. There are four additional bedroom suites, three of which feature outdoor deck access, and another separate suite ideal for guests. On the basement level, there is a wine dining room, a gym, and a state-of-the-art recovery room featuring a sauna, steam room, and cold plunge. Stairways and a glass elevator make for seamless movement between each floor. Outside, set in the beautiful garden, is a large swimming pool/spa and a sun-filled terrace. At the street level, an architectural U-shaped rooftop deck is the perfect setting to host and entertain with 360-degree views of the Pacific and Santa Monica Mountains. Additional features include a security room, home automation system, music surround system, and double parking lifts to a subterranean garage. The Skylone House is Malibu's next great masterpiece, an entertainer's dream and the ultimate private retreat. Contact listing agents for additional information and documents.

Last Agent to Sell the Property

Russell Grether

Compass License #01836632 Listed on: 03/14/2023

Compass

Co-Listed By

Tony Mark

Compass License #01205648

Last Buyer's Agent

Melanie Tielmann

Compass License #01984179

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,510

Lot Details

  • 1.03 Acre Lot
  • Property is zoned LCA11*

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Mountain

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4460-001-010

Property Details

Property Type

Land

Est. Annual Taxes

$19,510

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 1.0338
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Catalina, Coastline, Mountains, Ocean, White Water
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4460-001-010
  • Lot Size Area: 45034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2013
Closed on
Sep 11, 2013
Sold by
Glosman Leonid
Bought by
Grueter Andreas and Grueter Nina
Seller's Agent
Gail Copley
Coldwell Banker Realty
Buyer's Agent
Jamie Tian
RealiFi Realty, Inc.
List Price
$175,000
Sold Price
$135,000
Premium/Discount to List
-$40,000
-22.86%
Current Estimated Value
$1,716,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,581,309
Avg. Annual Appreciation
23.71%
Source: Public Records

Range of Values:

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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
Grueter Andreas $135,001 Equity Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $1,650,000 -5.7% --
06/28/2023 06/28/23 Pending -- -- --
05/06/2023 05/06/23 Price Changed $1,750,000 -23.7% --
04/13/2023 04/13/23 Price Changed $2,295,000 -16.5% --
03/14/2023 03/14/23 For Sale $2,750,000 +1937.0% --
09/17/2013 09/17/13 Sold $135,000 -22.9% --
09/11/2013 09/11/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $175,000 -- --
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 $19,510 $1,683,000 $1,683,000 --
2024 $19,510 $1,650,000 $1,650,000 --
2023 $3,710 $159,059 $159,059 $0
2022 $3,373 $155,941 $155,941 $0
2021 $3,256 $152,884 $152,884 $0
2019 $2,271 $148,350 $148,350 $0
2018 $2,832 $145,442 $145,442 $0
2016 $2,103 $139,796 $139,796 $0
2015 $2,785 $137,697 $137,697 $0
2014 $2,609 $135,000 $135,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-250539

The MLS

APN: 4460-001-010