NOT LISTED FOR SALE

5068 Carbon Beach Terrace Malibu, CA 90265

Estimated Value: $4,286,000 - $9,976,000

28.39 Acres
$280,313 Price per Acre
1,236,642 Sq Ft Lot

Last Sold July 19, 2024

Last sale price $10,000,000

Est. 20% decrease in value since last sale

Current estimated payment $46,344/month

132 Days on Market

Highlights

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

About This Lot

As of July 2024

Welcome to Villa Paradiso. The epitome of coastal luxury living in the prestigious Carbon Beach Terrace Estates, where breathtaking ocean views meet unparalleled elegance. Nestled in the coveted enclave of Malibu's famed Billionaire's Beach, this exclusive estate offers an unrivaled opportunity to create your dream home on a pristine canvas of approximately 29 acres. Boasting unobstructed 360-degree views of the sparkling Pacific Ocean and coastline, this prime parcel is a rare gem awaiting your vision. Majestic gates beckon you into a world of serenity and sophistication, where approved city plans and permits are in place for an exquisite contemporary architectural masterpiece designed by renowned architect Jay Vanos. Spanning approximately 13,355 square feet, this visionary design seamlessly blends indoor and outdoor living, with expansive entertainment spaces and luxurious amenities to satisfy even the most discerning tastes. Imagine indulging in a world-class wine cellar, entertaining guests in the seated bar and game room, or unwinding in the home theater and piano bar. For the wellness enthusiast, a fully-equipped gym and sauna/steam room offer the perfect retreat, while outdoor amenities abound with an infinity pool, jacuzzi, pizza oven, and built-in BBQ. Whether lounging in the sunken seating area or enjoying cocktails at the swim-up bar, every moment is imbued with the essence of luxury living. Includes deeded access to the prestigious La Costa Beach & Tennis Club. With convenient proximity to Pacific Coast Highway and Malibu's renowned dining, shopping, and entertainment destinations, this double gated gem is truly an opportunity not to be missed. Available to be sold as a package.

Last Agent to Sell the Property

Ani Dermenjian

Douglas Elliman License #01185123 Listed on: 02/06/2024

Douglas Elliman

Co-Listed By

Kurt Rappaport

Westside Estate Agency Inc. License #01036061

Last Buyer's Agent

Non-member 999999

Non-member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $39,826

Lot Details

  • 28.39 Acre Lot
  • Property is zoned LCA101

Property Views

  • White Water Ocean
  • City Lights
  • Mountain

Listing and Financial Details

  • Assessor Parcel Number 4452-028-005

Property Details

Property Type

Land

Est. Annual Taxes

$39,826

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 28.3894
  • Number Of Photos: 47
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City Lights, Mountains, Ocean, White Water
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Condo/Co-op/Association

  • HOA Fees: 5000.00

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4452-028-005
  • Lot Size Area: 1236643

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Jul 12, 2024
Sold by
Malibu Re Investments Llc
Bought by
Malibu Cbt Dev68 Llc
Seller's Agent
Ani Dermenjian
Douglas Elliman
Buyer's Agent
Non-member 999999
Non-member Office
List Price
$15,500,000
Sold Price
$10,000,000
Premium/Discount to List
-$5,500,000
-35.48%
Views
173
Current Estimated Value
$7,957,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,042,068
Avg. Annual Appreciation
-32.38%
Original Mortgage
$10,000,000
Outstanding Balance
$9,898,223
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
-$3,521,990
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
Malibu Cbt Dev68 Llc $10,000,000 Equity Title - Los Angeles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malibu Cbt Dev68 Llc $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $10,000,000 -35.5% --
06/17/2024 06/17/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $15,500,000 -- --
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 $39,826 $10,000,000 $10,000,000 --
2024 $39,826 $3,307,666 $3,307,666 --
2023 $38,891 $3,242,810 $3,242,810 $0
2022 $38,464 $3,179,226 $3,179,226 $0
2021 $37,841 $3,116,889 $3,116,889 $0
2019 $37,114 $3,024,442 $3,024,442 $0
2018 $35,041 $2,965,140 $2,965,140 $0
Source: Public Records

Agents Affiliated with this Home

  • Ani Dermenjian

    Seller's Agent in 2024

    Ani Dermenjian

    Douglas Elliman

    (310) 317-9382

    20 Total Sales

    Ani Dermenjian
    Section Image
  • Kurt Rappaport

    Seller Co-Listing Agent in 2024

    Kurt Rappaport

    Westside Estate Agency Inc.

    (310) 247-7770

    101 Total Sales

    Kurt Rappaport
    Section Image

  • N

    Buyer's Agent in 2024

    Non-member 999999

    Non-member Office

See All Agents

Map

Source: The MLS

MLS Number: 24-355785

The MLS

APN: 4452-028-005

California Los Angeles County Malibu 90265

5068 Carbon Beach Terrace, Malibu, CA

This home is located at 5068 Carbon Beach Terrace, Malibu, CA 90265 since 06 February 2024 and is currently estimated at $7,957,932. 5068 Carbon Beach Terrace is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes