NOT LISTED FOR SALE

5868 Zumirez Dr Malibu, CA 90265

Estimated Value: $5,718,118 - $9,703,000

5 Beds
7.5 Baths
9,220 Sq Ft
$786/Sq Ft Est. Value

Highlights

  • Ocean View
  • Wine Cellar
  • Sauna
  • Malibu Elementary School Rated A
  • Cabana
  • Two Primary Bedrooms

About This Home

As of March 2023

Say goodbye to the hustle and bustle of the city and hello to your own private resort in Malibu! While only a minute from the PCH, this secluded 9,200+ sq ft estate seems a world unto itself. Surrounded by rolling hills with forever ocean views from Palos Verdes to the Channel Islands and beyond, this destination compound on three plus acres provides unrivaled pampering and privacy.The product of a multimillion dollar remodel, the resort-like residence features indoor/outdoor living with expansive tropical landscaping, multiple wood and stone patios, 3 fire pits, lagoon style saltwater pool/spa, gazebo with a BBQ, kegerator, pizza oven, meandering stream, Bocce Ball court, organic gardens and 50+ fruit trees, a chicken coop and a detached studio. An entertainers dream, the home's soaring ceilings, massive windows, white oak floors, high-end appliances, formal living and dining rooms and chef's kitchen with expansive island and built-in banquet make hosting easy and enjoyable.A spacious great room, complete with restaurant size wet bar and fireplace seating, opens through a 21 ft wide bifold door to a vast ocean view deck outside. The upper level features 5 en-suite bedrooms with 360 degree views and patios off of every room. The vast ocean view owner's suite boasts a double-sided fireplace, lounging area, private deck, two bathrooms, and huge closets. A secondary primary ocean view suite w/double sided fireplace, luxe bath & wrap around private deck is equally special. Additional amenities include a full spa with sauna and steam, mirrored gym, temperature controlled glass enclosed wine cellar with 550 bottle capacity, executive office/study & 3-car garage, smart home voice tech for lights, music, temp & pool. Total water filtration includes showers & pool/spa. Short term is $125,000 per month. Long term is $74,000 per month. Your private resort in Malibu awaits! For more info visit 5868zumirez.com

Last Agent to Rent the Property

Megan Majd

Compass License #02089919 Listed on: 01/03/2023

Compass

Co-Listed By

Chris Cortazzo

Compass License #01190363

Last Renter's Agent

Sandro Dazzan

The Agency License #01418033

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,833

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 3.27 Acre Lot
  • Fenced Yard
  • Wrought Iron Fence
  • Landscaped
  • Secluded Lot
  • Sprinkler System
  • Hilltop Location
  • Lawn
  • Back and Front Yard
  • Property is zoned LCRA1*

Property Views

  • Ocean
  • Coastline
  • River
  • Catalina
  • Panoramic
  • City Lights
  • Canyon
  • Mountain
  • Hills
  • Valley
  • Pool

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 9,220 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Two Story Ceilings
  • 11 Fireplaces
  • Custom Window Coverings
  • Blinds
  • Bay Window
  • Garden Windows
  • French Doors
  • Sliding Doors
  • Wine Cellar
  • Home Office
  • Sauna
  • Walk-In Pantry

Flooring

  • Wood
  • Stone
  • Pavers

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • Double Vanity
  • Steam Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Security System Owned
  • Security Lights
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 14 Car Garage
  • Circular Driveway
  • Automatic Gate

Pool

  • Cabana
  • In Ground Pool
  • Saltwater Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Gazebo
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Property is located within a water district
  • Hot Water Circulator
  • Propane Water Heater
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Community Details

  • Card or Code Access

Listing and Financial Details

  • Security Deposit $148,000
  • Tenant pays for cable TV, electricity, gas, water, trash collection
  • Negotiable Lease Term
  • Assessor Parcel Number 4467-008-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,833

Year Built

Built in 1998 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished
  • Security Deposit: 148000
  • Tenant Pays: Cable TV, Electricity, Gas, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Advertising Remarks: Secluded Malibu estate 1 min from PCH with panoramic views. Ultimate destination resort featuring indoor/outdoor living & expansive tropical landscaping. Detailing includes wood & stone patios, 3 fire pits, lagoon style pool/spa, gazebo, BBQ, kegerator, pizza oven, meandering stream, Bocce Ball court, organic gardens, chicken coop, detached studio, smart home. Formal rooms, high ceilings, massive windows, & white oak floors. Kitchen has a huge island & built-in banquet. Spacious great room includes a 21 ft bifold door that opens to a generous deck, restaurant size wet bar, fireplace seating, full spa, mirrored gym, glass wine cellar, executive office & 3-car garage. Upper level features 5 en-suite bedrooms, all with patios & views. Vast owner's suite boasts a fireplace, lounging area, private deck, 2 baths, & huge closets. Second primary view suite w/fireplace, luxe bath & private deck.
  • Lease Terms: Negotiable
  • Living Area: 9220
  • Lot Acreage: 3.2749
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1998
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Furnished, Home Automation System, Two Story Ceilings, Wet Bar
  • Flooring: Stone Tile, Hardwood, Wood, Pavers
  • Bedrooms: 5
  • Fireplaces: 11
  • Full Bathroom: 7
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Double Vanity(s), Linen Closet, Steam Shower
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: On Upper Level, Laundry Area
  • Total Bathrooms: 8.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 8.03
  • Windows: Bay Window, Custom Window Covering, Window Blinds, Garden Window

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, Barbecue Private, Custom Built, Energy Efficient, French Doors, High Ceilings (9 Feet+), Rain Gutters, Sauna Private, Sliding Glass Doors, Sprinkler System
  • Other Structures: Gazebo, Cabana
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Wrought Iron
  • Pool Description: In Ground, Salt/Saline
  • Pool: Yes
  • Roof: Metal
  • Spa: Private, Heated, Hot Tub, In Ground
  • Spa Yn: Yes
  • View: Catalina, Canyon, City, City Lights, Coastline, Hills, Mountains, Ocean, Panoramic, Pool, River, Tree Top, Valley, Water
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Circular Driveway, Private Garage
  • Total Parking: 14

Utilities

  • TV Svcs: Cable TV, Tv Satellite Dish
  • Volt 220: In Garage
  • Water Heater: Hot Water Circulator, Propane
  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central, Zoned
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Exterior Security Lights, Fire and Smoke Detection System, Prewired for alarm system, Smoke Detector, Owned
  • Sewer: Septic Tank
  • Water: District

Association/Amenities

  • Pet Rules: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 4467-008-024
  • Lot Description: Automatic Gate, Back Yard, Fenced Yard, Front Yard, Gutters, Landscaped, Lawn, Secluded, Yard
  • Lot Location: Hilltop
  • Lot Size Area: 142654

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2021
Sold by
Majd Kamyar and Majd Lori
Bought by
Majd Kamyar and Majd Lori
Current Estimated Value
$7,094,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,733,300
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2009
Sold by
Majd Kamyar
Bought by
Majd Kamyar and Majd Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,349,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2007
Sold by
Majd Kamyar
Bought by
Majd Kamyar and Majd Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,930,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 14, 1997
Sold by
Mendola James J
Bought by
Majd Kamyar and Majd Lori

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
7.58%
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 Buyer Sale Price Title Company
Majd Kamyar -- Accommodation
Majd Kamyar -- Accommodation
Majd Kamyar -- Accommodation
Majd Kamyar -- North American Title Company
Majd Kamyar -- None Available
Majd Kamyar -- None Available
Majd Kamyar $500,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamyar Majd And Lori Majd Trus $2,000,000
Closed Majd Kamyar $2,733,300
Closed Majd Kamyar $250,000
Closed Majd Kamyar $3,349,800
Closed Majd Kamyar $2,930,000
Closed Majd Kamyar $1,250,000
Closed Majd Kamyar $330,000
Closed Majd Kamyar $2,002,500
Closed Majd Kamyar $250,000
Closed Majd Kamyar $2,000,000
Closed Majd Kamyar $1,750,000
Closed Majd Kamyar $300,000
Closed Majd Kamyar $150,000
Closed Majd Kamyar $550,000
Closed Majd Kamyar $361,000
Closed Majd Kamyar $215,000
Closed Majd Kamyar $795,000
Closed Majd Kamyar $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2023 03/04/23 Rented $90,000 +21.6% --
01/03/2023 01/03/23 For Rent $74,000 +8.8% --
12/08/2022 12/08/22 Off Market $68,000 -- --
12/07/2022 12/07/22 For Rent $68,000 +4.6% --
12/07/2022 12/07/22 Rented $65,000 -23.5% --
09/03/2022 09/03/22 Rented $85,000 +25.0% --
08/19/2022 08/19/22 For Rent $68,000 0.0% --
03/29/2022 03/29/22 Rented $68,000 0.0% --
01/26/2022 01/26/22 Price Changed $68,000 -9.3% $7 / Sq Ft
11/12/2021 11/12/21 Price Changed $75,000 -11.8% $8 / Sq Ft
09/16/2021 09/16/21 Price Changed $85,000 -5.6% $9 / Sq Ft
08/10/2021 08/10/21 For Rent $90,000 +111.8% --
01/10/2020 01/10/20 Rented $42,500 +9.0% --
11/08/2019 11/08/19 For Rent $39,000 -- --
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 $20,833 $1,717,062 $814,345 $902,717
2024 $20,833 $1,683,395 $798,378 $885,017
2023 $20,423 $1,650,388 $782,724 $867,664
2022 $20,129 $1,618,028 $767,377 $850,651
2021 $19,635 $1,586,303 $752,331 $833,972
2019 $19,198 $1,539,254 $730,017 $809,237
2018 $22,926 $1,936,269 $715,703 $1,220,566
2016 $22,015 $1,861,083 $687,912 $1,173,171
2015 $21,722 $1,833,128 $677,579 $1,155,549
2014 $21,436 $1,797,221 $664,307 $1,132,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-228607

The MLS

APN: 4467-008-024