$1,458,000
SOLD JUL 21, 2023
1.06 Acres
$1,371,461 Price per Acre
46,309 Sq Ft Lot

Recently Sold

$516 Per Sq Ft

25% Below List Price

47 Days on Market

About This Lot

As of July 2023

Permits Issued & Build Ready | Prestigious Malibu Park | Breathtaking Views of Bonsall Canyon & The Pacific Ocean | Sited on an elevated cul-de-sac just one mile from Zuma Beach, this 1.06-acre property comes with approved plans for a sophisticated 3,841 SF single level home, designed by award-winning Architect Michael W. Folonis. Encompassing a fire-resistant design concept, this Woolsey Fire rebuild offers views of the Pacific Ocean near Point Dume that were not previously possible. The design includes all-electric solar panels, high-efficiency heat-pump systems controlling the four temperature zones of the house, hybrid electric water that is provided instantly to all fixtures, and a kitchen that is equipped with an advanced induction cooktop. The architects delineated a "simple palette" and designed the kitchen and bedroom wing to be wrapped in Douglas Fir panels, providing visual warmth to the living areas. Amenities such as built-in seating, interior planters, storage space, and acoustic separation between the two primary suites are an example of the level of detail this crafted home provides. The architectural plans reflect a 3,009 SF house comprising 3 bedrooms and 3.5 bathrooms, a two-car garage measuring 660 SF, one covered overhang totaling 172 SF, and a detached exterior shed adding an additional 120 SF of enclosed space. Offering the quintessential Malibu lifestyle, this tranquil property is moments away from riding and hiking trails, world-renowned beaches, chique boutiques, and farm-to-table dining.

Last Agent to Sell the Property

Anahita Kia

Compass License #02177037 Listed on: 05/05/2023

Compass

Co-Listed By

John K. Herkenrath

Epique Realty License #01466775

Epique Realty

Last Buyer's Agent

John K. Herkenrath

Epique Realty License #01466775

Epique Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,603

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 154x300
  • Property is zoned LCRA20000*

Property Views

  • Ocean
  • Canyon

Utilities

  • Property is located within a water district
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4467-025-006

Property Details

Property Type

Land

Est. Annual Taxes

$17,603

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Advertising Remarks: Permits Issued & Build Ready | Prestigious Malibu Park | Breathtaking Views of Bonsall Canyon & The Pacific Ocean | Sited on an elevated cul-de-sac just one mile from Zuma Beach, this 1.06-acre property comes with approved plans for a sophisticated 3,841 SF single level home. Encompassing a fire-resistant design concept, this Woolsey Fire rebuild offers views of the Pacific Ocean near Point Dume that were not previously possible. The architectural plans reflect a 3,009 SF house comprising 3 bedrooms and 3.5 bathrooms, a two-car garage measuring 660 SF, one covered overhang totaling 172 SF, and a detached exterior shed adding an additional 120 SF of enclosed space. Offering the quintessential Malibu lifestyle, this tranquil property is moments away from riding and hiking trails, world-renowned beaches, chique boutiques, and farm-to-table dining.
  • Lot Acreage: 1.0631
  • Lot Dimensions: 154x300
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Description: Asphalt
  • View: Canyon, Ocean
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: In Street
  • Gas: In Street
  • Sewer: Septic Tank
  • Telephone: Yes
  • Water: Water District

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4467-025-006
  • Lot Size Area: 46310
  • Site Decription: Beach, Canyon
  • Topography: Flat,Downhill

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jul 17, 2023
Sold by
Marmon Victor I and Marmon Kathleen S
Bought by
Malibu Calpine Drive Llc
Seller's Agent
Anahita Kia
Compass
Buyer's Agent
John K. Herkenrath
Epique Realty
List Price
$1,950,000
Sold Price
$1,458,000
Premium/Discount to List
-$492,000
-25.23%
Views
136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.93%

Purchase Details

Closed on
Feb 27, 2003
Sold by
Marmon Victor I and Blunt Kathleen S
Bought by
Marmon Victor I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.85%
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 $1,458,000 Commonwealth Land Title
Interfamily Deed Transfer -- Landamerica Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,200,000 Construction
Previous Owner $205,000 No Value Available
Closed $480,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $6,595,000 -1.5% $1,665 / Sq Ft
06/19/2025 06/19/25 For Sale $6,695,000 +359.2% $1,690 / Sq Ft
07/21/2023 07/21/23 Sold $1,458,000 -25.2% $516 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $1,950,000 -- $690 / 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 $17,603 $1,458,000 $1,457,000 $1,000
2023 $8,073 $640,349 $640,240 $109
2022 $7,917 $627,794 $627,687 $107
2021 $7,767 $615,485 $615,380 $105
2019 $7,567 $597,231 $597,129 $102
2018 $11,492 $955,339 $585,421 $369,918
2016 $11,044 $918,244 $562,690 $355,554
2015 $10,895 $904,452 $554,238 $350,214
2014 $10,765 $886,736 $543,382 $343,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-267327

The MLS

APN: 4467-025-006