$1,700,000
SOLD SEP 17, 2020
1.48 Acres
$1,151,060 Price per Acre
64,334 Sq Ft Lot

Recently Sold

$277 Per Sq Ft

11% Below List Price

5 Days on Market

About This Lot

As of September 2020

Over 180 degrees of panoramic coastline and whitewater ocean views. From the Channel Islands to Catalina to the South Bay, this 'king of the mountain' lot offers some the biggest and best views in all of Malibu. Amazing opportunity to re-build one of the largest homes in Malibu Park under Woolsey fire-rebuild allowance for the original 6,140 sqft structure + potential 10% additional. The property has been cleared and certified, the foundation and septic have been inspected and passed, the ocean view pool and equipment are fully functional. Malibu Park is transforming with many new homes being rebuilt along with the new state of the art High School underway. Close proximity to hiking trails, beaches, shops, restaurants and more. Don't miss this amazing opportunity.

Last Agent to Sell the Property

Damon Skelton

Compass License #01243222 Listed on: 06/15/2020

Compass

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $52,868

Lot Details

  • 1.48 Acre Lot
  • Property is zoned LCRA1*

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Mountain

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4469-006-014

Property Details

Property Type

Land

Est. Annual Taxes

$52,868

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 1.4769
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Utilities

  • Cable: Yes
  • Electric: On Site
  • Telephone: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4469-006-014
  • Geocode Override: No
  • Lot Size Area: 64332

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Sep 9, 2020
Sold by
5366 Horizon Vv Llc
Bought by
Pacific Coast Holdings Llc
Seller's Agent
Damon Skelton
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,900,000
Sold Price
$1,700,000
Premium/Discount to List
-$200,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.37%

Purchase Details

Listed on
Apr 9, 2018
Closed on
Jul 11, 2018
Sold by
Rezai Ali
Bought by
5366 Horizon Vv Llc
Seller's Agent
Ivan Estrada
Douglas Elliman
Buyer's Agent
Damon Skelton
Compass
List Price
$4,496,000
Sold Price
$4,100,000
Premium/Discount to List
-$396,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-33.85%
Original Mortgage
$2,000,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 17, 2003
Sold by
Shorr Alan L and Shorr Renee Bazar
Bought by
Rezai Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 1996
Sold by
Harges Kenneth J
Bought by
Shorr Alan L and Shorr Renee Bazar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.95%

Purchase Details

Closed on
Jul 18, 1994
Sold by
Fields Terry R and Fields Peggy V
Bought by
Harges Kenneth J

Purchase Details

Closed on
Apr 8, 1994
Sold by
Magic Holding Company Inc
Bought by
Fields Terry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
7.38%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Grant Deed $1,700,000 First American Title Company
Grant Deed $4,100,000 Chicago Title Company
Grant Deed $2,000,000 First American Title Co
Grant Deed $1,570,000 Equity Title Company
Quit Claim Deed -- --
Grant Deed -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,040,000 New Conventional
Previous Owner $2,710,000 Negative Amortization
Previous Owner $1,875,000 Unknown
Previous Owner $1,355,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $1,300,000 Purchase Money Mortgage
Previous Owner $950,000 No Value Available
Previous Owner $995,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Rent $35,000 0.0% --
06/03/2025 06/03/25 For Sale $8,450,000 +397.1% $1,305 / Sq Ft
09/17/2020 09/17/20 Sold $1,700,000 -10.5% $277 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $1,900,000 -53.7% $309 / Sq Ft
08/03/2018 08/03/18 Sold $4,100,000 -8.8% $668 / Sq Ft
04/09/2018 04/09/18 For Sale $4,496,000 -- $732 / 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
2024 $52,868 $4,488,285 $1,804,053 $2,684,232
2023 $51,883 $4,400,280 $1,768,680 $2,631,600
2022 $21,019 $1,734,000 $1,734,000 $0
2021 $20,533 $1,700,000 $1,700,000 $0
2020 $24,510 $2,040,104 $2,040,000 $104
2019 $24,526 $2,000,102 $2,000,000 $102
2018 $29,204 $2,499,131 $1,749,393 $749,738
2016 $28,097 $2,402,089 $1,681,463 $720,626
2015 $27,723 $2,366,008 $1,656,206 $709,802
2014 $27,340 $2,319,662 $1,623,764 $695,898
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-591334

The MLS

APN: 4469-006-014