NOT LISTED FOR SALE

5269 Horizon Dr Malibu, CA 90265

Estimated Value: $5,598,000 - $6,778,000

4 Beds
4 Baths
3,640 Sq Ft
$1,731/Sq Ft Est. Value

Last Sold November 13, 2024

Last sale price $6,710,000 $1,843 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $33,551/month

10 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Wood Flooring
  • Malibu Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Modern Architecture

About This Home

As of November 2024

Introducing a stunning Scandinavian-inspired home designed by Vitus Mitare and interior design by Atana Collective. This brand new residence offers panoramic ocean views overlooking Point Dume and breathtaking sunsets over Broad Beach. Crafted with meticulous attention to detail, the home features wide plank oak floors, custom white oak built-ins imported from Italy, and exquisite stonework throughout.The open-concept great room seamlessly flows through a 20-foot opening to the front yard, where an almost 50-foot infinity pool awaits, perfectly positioned for sunset enjoyment. The custom island, adorned with italian marble, elegantly separates the kitchen from the living area and boasts top-of-the-line Miele appliances and bespoke oak cabinetry imported from Italy.Upstairs, you'll find three en-suite bedrooms, each with stunning ocean views. The Primary Suite includes a cozy fireplace, dual built-in closets, and a luxurious bathroom featuring a freestanding bathtub with picturesque views of the Pacific Ocean.Located in the prestigious Malibu Park area, above Zuma Beach, this home is in close proximity to Malibu High School and Middle School, Trancas Shopping Center, and numerous hiking trails connecting to the Backbone Trail. This exquisite property is the first of many custom homes by Aksel Development, known for their commitment to creating unique residences that harmoniously integrate into the Malibu landscape.

Last Agent to Sell the Property

Daniel Moss

Coldwell Banker Realty License #01929872 Listed on: 09/23/2024

Coldwell Banker Realty

Last Buyer's Agent

Rachel Wilt

Compass License #02235304

Compass

Home Details

Home Type

  • Single Family

Lot Details

  • 2.59 Acre Lot
  • Lot Dimensions are 208x524
  • Property is zoned LCRA1*

Property Views

  • Ocean
  • Mountain

Home Design

  • Modern Architecture

Interior Spaces

  • 3,640 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway

Pool

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

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4469-005-001

Home Details

Home Type

Single Family

Lot Details

2.59 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3640
  • Lot Acreage: 2.5882
  • Lot Dimensions: 208x524
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Stone
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Freezer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1839.29

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground, Heated
  • Pool: Yes
  • Spa: Heated, In Ground
  • Spa Yn: Yes
  • View: Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway - Concrete

Utilities

  • Cooling: Multi/Zone, Heat Pump(s)
  • Heating: Heat Pump

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4469-005-001
  • Lot Size Area: 112744

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Oct 17, 2024
Sold by
Malibu Horizon Drive Llc
Bought by
Wilt Living Trust and Wilt
Seller's Agent
Daniel Moss
Coldwell Banker Realty
Buyer's Agent
Rachel Wilt
Compass
List Price
$6,695,000
Sold Price
$6,710,000
Premium/Discount to List
$15,000
0.22%
Views
65
Current Estimated Value
$6,299,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$410,702
Avg. Annual Appreciation
-4.89%
Original Mortgage
$4,000,000
Outstanding Balance
$3,945,449
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$2,353,849

Purchase Details

Closed on
Aug 29, 2002
Sold by
Palmer Ronald F and Palmer Lola M
Bought by
Palmer Ronald F and Palmer Lola M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.29%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Wilt Living Trust $6,710,000 First American Title Company
Wilt Living Trust $6,710,000 First American Title Company
Palmer Ronald F -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilt Living Trust $4,000,000
Closed Wilt Living Trust $4,000,000
Previous Owner Palmer Ronald F $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2024 11/13/24 Sold $6,710,000 +0.2% $1,843 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $6,695,000 +508.6% $1,839 / Sq Ft
01/19/2021 01/19/21 Sold $1,100,000 -18.5% $513 / Sq Ft View Prior Sale
12/22/2020 12/22/20 Pending -- -- --
12/21/2020 12/21/20 Price Changed $1,350,000 -24.8% $630 / Sq Ft
11/10/2020 11/10/20 For Sale $1,795,000 -- $837 / Sq Ft
Source: The MLS

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 $14,366 $6,710,000 $3,960,000 $2,750,000
2024 $14,366 $1,167,328 $1,167,328 --
2023 $14,013 $1,144,440 $1,144,440 $0
2022 $1,991 $99,877 $99,770 $107
2021 $1,911 $97,919 $97,814 $105
2020 $1,856 $96,916 $96,812 $104
2019 $1,820 $95,016 $94,914 $102
2018 $3,422 $233,669 $93,053 $140,616
2016 $3,270 $224,597 $89,441 $135,156
2015 $3,226 $221,224 $88,098 $133,126
2014 $3,251 $216,892 $86,373 $130,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-443915

The MLS

APN: 4469-005-001

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