NOT LISTED FOR SALE

5601 Sea View Dr Malibu, CA 90265

Malibu Area

Estimated Value: $7,449,000 - $9,845,757

5 Beds
5 Baths
6,345 Sq Ft
$1,342/Sq Ft Est. Value

Sale Details

Date Sold: April 11, 2018

Last sale price $6,450,000 $1,017 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $54,082 / mo

56 Days on Market

Highlights

  • White Water Ocean Views
  • Detached Guest House
  • Projection Room
  • Malibu Elementary School Rated A
  • Wine Room
  • Indoor Spa

About This Home

As of April 2018

Stunning Mediterranean-style Villa & GH w/180-degree ocean views on apx. 1.1 acres of manicured, vineyard grounds. The gated, elegant home w/water fountain courtyard & 2-story rotunda entry offers a modern great rm w/wood bar, 2-sided FP & walls of accordion glass drs that open to an entertainers pool deck w/fire pit, BBQ/bar, wood trellis w/huge outdoor dining table & circular sitting area. Steps descend to add'l dining/sitting area, a circular cascading waterfall spa & a grassy area hugged by the beautiful vineyard. Ocean views continue in the gourmet island kitchen, formal dining rm w/2-sided FP, shared w/an office/den, a media area, plus add'l projection theater rm. The ocean view owner's suite w/modern FP & accordion glass doors to the deck has a luxe ocean view bath w/Picasso-style tub, frosted glass/stone cube shower, 2-large closets, plus 4-add'l bdrms. For the wine connoisseur, there is a lower-level climate controlled wine tasting room & a full backup generator for the home.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 01/04/2018

Compass

Last Buyer's Agent

Rodrigo Iglesias

Hilton & Hyland License #00994039

Hilton & Hyland

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 1.11 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Fenced
  • Landscaped
  • Sprinklers on Timer
  • Hilltop Location
  • Lawn
  • Back Yard
  • Property is zoned LCR115000*

HOA Fees

  • $267 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • Woods
  • Trees
  • Mountain

Home Design

  • Mediterranean Architecture
  • Patio Home
  • Turnkey
  • Plaster Walls

Interior Spaces

  • 6,345 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Two Story Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Two Way Fireplace
  • Raised Hearth
  • Gas Fireplace
  • Plantation Shutters
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Wine Room
  • Wine Cellar
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Projection Room
  • Home Theater
  • Den
  • Bonus Room with Fireplace
  • Storage
  • Laundry Room
  • Utility Room
  • Indoor Spa
  • Partial Basement

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal
  • Instant Hot Water

Flooring

  • Carpet
  • Stone
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Jack-and-Jill Bathroom
  • Powder Room
  • 5 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Shower
  • Linen Closet In Bathroom

Home Security

  • Security System Owned
  • Security Lights
  • Intercom
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • Guest Parking
  • On-Street Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Waterfall Pool Feature

Outdoor Features

  • Wrap Around Porch
  • Open Patio
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Grill

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Property is located within a water district
  • Tankless Water Heater
  • Water Purifier
  • Septic Tank
  • Phone System
  • Cable TV Available

Community Details

  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 4469-042-024

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

1.11 Acres

HOA Fees

$267 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Three Or More
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 6345
  • Stories: 3
  • Year Built: 1998
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Basement - Partial, Built-Ins, Detached/No Common Walls, High Ceilings (9 Feet+), Intercom, Open Floor Plan, Phone System, Plaster Walls, Pre-wired for high speed Data, Pre-wired for surround sound, Recessed Lighting, Storage Space, Turnkey, Two Story Ceilings, Wet Bar
  • Fireplace Rooms: Bonus Room, Dining, Exterior, Fire Pit, Gas, Guest House, Living Room, Master Bedroom, Patio, Raised Hearth, Two Way
  • Flooring: Carpet, Stone Tile, Travertine
  • Appliances: Built-Ins, Cooktop - Gas, Double Oven, Oven-Gas, Range, Range Hood
  • Bedrooms: 5
  • Fireplaces: 4
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Bedroom Features: Dressing Area, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Dual Entry (Jack & Jill) Bath, Linen Closet, Powder Room, Shower and Tub, Shower Over Tub, Shower Stall, Travertine
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, Family Room, Formal Dining Rm, In Kitchen, Kitchen Island, Living Room
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Island, Pantry
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Ceiling Fan, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Intercom, Network Wire, Phone System, Range/Oven, Refrigerator, Trash Compactor, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 1174.15
  • Windows: Plantation Shutters, Skylights

Exterior Features

  • Other Features: Barbecue Private, Double Door Entry, French Doors, High Ceilings (9 Feet+), Sliding Glass Doors, Sprinkler System
  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Guest House: Detached
  • Patio: Living Room Deck Attached, Patio Open, Rock/Stone, Wrap Around Porch
  • Pool Description: Heated And Filtered, In Ground, Private, Waterfall
  • Pool: Yes
  • Spa: Heated, Indoor, Private
  • Spa Yn: Yes
  • View: Coastline, Mountains, Ocean, Panoramic, Tree Top, Trees/Woods, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Auto Driveway Gate, Built-In Storage, Door Opener, Driveway - Concrete, Garage - 3 Car, Garage Is Attached, On street, Parking for Guests, Private

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Instant Hot Water, Tankless
  • Cooling: Central, Multi/Zone
  • Heating: Central, Forced Air
  • Security: Automatic Gate, Exterior Security Lights, Owned, Prewired for alarm system, Smoke Detector
  • Sewer: Septic Tank
  • Water: District

Association/Amenities

  • Amenities: Gated Community

Condo/Co-op/Association

  • HOA Fee Frequency: Quarterly
  • HOA Fees: 800.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 4469-042-024
  • Geocode Override: No
  • Lot Description: Automatic Gate, Back Yard, Exterior Security Lights, Fenced, Gated Community, Landscaped, Lawn, Street Paved, Yard
  • Lot Location: Cul-De-Sac, Hilltop, Patio Home, Private Road
  • Lot Size Area: 48496

Multi Family

  • Number Of Units: 0

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2018
Closed on
Mar 13, 2018
Sold by
Bought by
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Rodrigo Iglesias
Hilton & Hyland
List Price
$7,450,000
Sold Price
$6,450,000
Premium/Discount to List
-$1,000,000
-13.42%
Current Estimated Value
$8,513,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,063,689
Avg. Annual Appreciation
3.42%
Original Mortgage
$4,850,000
Interest Rate
0.0443%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,380,300
Interest Rate
0.0425%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2000
Sold by
Bought by

Purchase Details

Closed on
Jun 16, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,450,000 Usa National Title Company
-- --
$3,600,000 Stewart Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $4,850,000
Previous Owner $1,485,000
Previous Owner $3,380,300
Previous Owner $1,300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/11/2018 04/11/18 Sold $6,450,000 -13.4% $1,017 / Sq Ft
01/04/2018 01/04/18 For Sale $7,450,000 -- $1,174 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $90,733 $7,338,995 $4,551,316 $2,787,679
2024 $83,782 $7,195,094 $4,462,075 $2,733,019
2023 $82,242 $7,054,015 $4,374,584 $2,679,431
2022 $81,256 $6,915,702 $4,288,808 $2,626,894
2021 $79,347 $6,780,101 $4,204,714 $2,575,387
2019 $77,815 $6,579,000 $4,080,000 $2,499,000
2018 $69,042 $6,034,166 $4,373,493 $1,660,673
2016 $66,538 $5,799,854 $4,203,666 $1,596,188
2015 $58,980 $5,125,000 $3,843,800 $1,281,200
2014 $57,813 $3,619,800 $2,623,600 $996,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-301080

The MLS

APN: 4469-042-024

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