NOT LISTED FOR SALE

5685 Calpine Dr Malibu, CA 90265

Estimated Value: $2,325,000 - $3,989,000

0.52 Acre
$6,333,506 Price per Acre
22,512 Sq Ft Lot

Last Sold February 27, 2020

Last sale price $1,100,000 $516 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $18,347/month

14 Days on Market

About This Lot

As of February 2020

Build your dream home in Malibu Park. Located on a quiet cul-de-sac with partial ocean views. Very private property close to the beach and Malibu Schools. Proceed with approved plans by local renowned architect Lester Tobias, or create a new vision. Approval is for a 1-story 3258 sq ft house under Malibu's expedited Woolsey fire rebuild Option 2 (same-day approval!). Tobias was proceeding with an approval for a 2-story 4700 sq ft house (shown here). Even bigger options are available under fire rebuild Option 4. Let your imagination run wild for your dream home in this tranquil setting.

Last Agent to Sell the Property

Jeff Chertow

Pinnacle Estate Properties License #00976750 Listed on: 01/13/2020

Pinnacle Estate Properties

Last Buyer's Agent

Lisa-Maree Carter

Compass License #01812953

Compass

Property Details

Property Type

  • Land

Lot Details

  • 0.52 Acre Lot
  • Property is zoned LCRA20000*

Property Views

  • Ocean Views

Listing and Financial Details

  • Assessor Parcel Number 4467-026-015

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4467-026-015
  • Geocode Override: No
  • Lot Size Area: 22512

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2025
Sold by
Thompson Jason Craig and Paloma Jonas
Bought by
Thompson Family Trust and Thompson
Current Estimated Value
$3,273,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Outstanding Balance
$2,595,632
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$677,552

Purchase Details

Listed on
Jan 13, 2020
Closed on
Jan 28, 2020
Sold by
5685 Calpine Drive Llc
Bought by
Thompson Jason and Jonas Paloma
Seller's Agent
Jeff Chertow
Pinnacle Estate Properties
Buyer's Agent
Lisa-Maree Carter
Compass
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.61%
Original Mortgage
$625,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2019
Closed on
Nov 19, 2019
Sold by
Rippinger Daniel J and Rippinger Adrianne H
Bought by
5685 Calpine Drive Llc
Seller's Agent
Lisa-Maree Carter
Compass
Buyer's Agent
Jeff Chertow
Pinnacle Estate Properties
List Price
$13,500,000
Sold Price
$950,000
Premium/Discount to List
-$12,550,000
-92.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
3.75%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 11, 2017
Closed on
May 17, 2017
Sold by
Rossi Brody and Rossi Dennis
Bought by
Rippinger Daniel J and Rippinger Adrianne H
Seller's Agent
John Cosentino
Sotheby's International Realty
Buyer's Agent
Lisa-Maree Carter
Compass
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.99%
Original Mortgage
$1,000,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 27, 2015
Sold by
Rossi Brody and Rossi Dennis
Bought by
Rossi Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 27, 2004
Sold by
Rossi Dennis and Rossi Brody
Bought by
Rossi Dennis and Rossi Brody

Purchase Details

Closed on
Apr 21, 2004
Sold by
Berens Hillary M
Bought by
Rossi Dennis and Rossi Brody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2002
Sold by
Berens Russell W
Bought by
Berens Hillary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 19, 2001
Sold by
Reiss Bonnie and Reiss Bonnie M
Bought by
Berens Russell W and Berens Hillary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.89%

Purchase Details

Closed on
Aug 20, 1996
Sold by
Jansen Frank J and Jansen Diana L
Bought by
Reiss Bonnie M

Purchase Details

Closed on
Mar 12, 1996
Sold by
Lansen Frank J
Bought by
Lansen Frank J and Jansen Diana L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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 Buyer Sale Price Title Company
Thompson Family Trust -- --
Thompson Jason Craig -- California Best Title Company
Thompson Jason $1,100,000 Priority Title Company
5685 Calpine Drive Llc $950,000 Priority Title Company
Rippinger Daniel J $2,275,000 Fidelity National Title Co
Rossi Family Trust -- Western Resources Title
Rossi Brody -- Western Resources Title Co
Rossi Dennis -- --
Rossi Dennis $1,700,000 Chicago Title Co
Berens Hillary M -- Lawyers Title Company
Berens Russell W $1,110,000 Equity Title Company
Reiss Bonnie M $631,500 Chicago Title Insurance Co
Lansen Frank J -- Chicago Title Co
Jansen Frank J -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Jason Craig $2,600,000
Previous Owner Thompson Jason $625,000
Previous Owner 5685 Calpine Drive Llc $712,500
Previous Owner Rippinger Daniel J $1,000,000
Previous Owner Rossi Brody $640,000
Previous Owner Rossi Dennis $1,100,000
Previous Owner Berens Hillary M $400,000
Previous Owner Berens Russell W $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2020 02/27/20 Sold $1,100,000 -7.9% $516 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $1,195,000 +25.8% $561 / Sq Ft
12/04/2019 12/04/19 Sold $950,000 -25.5% $446 / Sq Ft View Prior Sale
09/10/2019 09/10/19 Price Changed $1,275,000 -5.6% $598 / Sq Ft
08/16/2019 08/16/19 Price Changed $1,350,000 -90.0% $634 / Sq Ft
08/16/2019 08/16/19 For Sale $13,500,000 +487.0% $6,335 / Sq Ft
06/13/2017 06/13/17 Sold $2,300,000 -4.0% $1,079 / Sq Ft View Prior Sale
04/26/2017 04/26/17 Pending -- -- --
04/11/2017 04/11/17 Price Changed $2,395,000 -4.0% $1,124 / Sq Ft
03/11/2017 03/11/17 For Sale $2,495,000 -- $1,171 / 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
2025 $14,361 $1,203,008 $1,203,008 --
2024 $14,361 $1,179,420 $1,179,420 --
2023 $14,052 $1,156,295 $1,156,295 $0
2022 $13,827 $1,133,623 $1,133,623 $0
2021 $13,498 $1,111,396 $1,111,396 $0
2020 $19,798 $1,655,057 $1,654,953 $104
2019 $19,438 $1,622,605 $1,622,503 $102
2018 $26,820 $2,320,500 $1,590,690 $729,810
2016 $24,236 $2,088,409 $1,495,661 $592,748
2015 $23,909 $2,057,040 $1,473,195 $583,845
2014 $23,560 $2,016,747 $1,444,338 $572,409
Source: Public Records

Agents Affiliated with this Home

  • Jeff Chertow

    Seller's Agent in 2020

    Jeff Chertow

    Pinnacle Estate Properties

    (310) 456-3469

    49 Total Sales

    Jeff Chertow
    Section Image
  • Lisa-Maree Carter

    Buyer's Agent in 2020

    Lisa-Maree Carter

    Compass

    (310) 488-7215

    8 Total Sales

    Lisa-Maree Carter
    Section Image
  • John Cosentino

    Seller's Agent in 2017

    John Cosentino

    Sotheby's International Realty

    (310) 365-2001

    14 Total Sales

    John Cosentino
    Section Image
  • Matthew Ogden

    Seller Co-Listing Agent in 2017

    Matthew Ogden

    Compass

    (310) 990-2079

    3 Total Sales

    Matthew Ogden
    Section Image
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Map

Source: The MLS

MLS Number: 20-543262

The MLS

APN: 4467-026-015

California Los Angeles County Malibu 90265

5685 Calpine Dr, Malibu, CA

Not Listed for Sale

Lots

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