$7,250,000
SOLD APR 7, 2025
4 Beds
6 Baths
5,533 Sq Ft
2.13 Acres

Recently Sold

$1,310 Per Sq Ft

2% Below List Price

152 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Gourmet Kitchen
  • Malibu Elementary School Rated A
  • Heated In Ground Pool
  • Gated Community

About This Home

As of April 2025

Nestled in the prestigious Cavalleri Estates, this newly constructed architectural masterpiece offers a glimpse into the visionary mind of a world-renowned architect. Perched atop a gently sloping 2+ acre lot on the coveted south side of the street, this fully fenced and gated ocean view estate showcases the exquisite design of Tobias Architecture. The 5,533 square foot Architectural Farmhouse seamlessly blends indoor and outdoor living, featuring expansive windows that frame breathtaking ocean views from nearly every room. The heart of the home is a stunning "live-in" kitchen, outfitted with Italian slab countertops, twin 36" Sub-Zero refrigerator and freezer, dual Miele dishwashers, a 6-burner Wolf range with double ovens, Scotsman ice maker, and elegant Waterworks fixtures. The property boasts 4 en-suite bedrooms, 2 powder rooms, and a media room, all designed with meticulous attention to detail. Multiple outdoor terraces, including a pool-side kitchen area, provide ample space for entertaining and relaxation. The estate's extensive pathway system winds through the usable acreage, offering opportunities for exercise and exploration. Additional luxurious amenities include a sun-drenched pool and spa, Sonos sound system throughout, ample guest parking, and dramatic sunrise and sunset views from the primary deck. This Malibu dream home represents the pinnacle of coastal living, seamlessly blending architectural excellence with the natural beauty of its surroundings.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 02/10/2025

Compass

Last Buyer's Agent

Chris Cortazzo

Compass License #01190363 Listed on: 02/10/2025

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,279

Year Built

  • Built in 2021

Lot Details

  • 2.13 Acre Lot
  • Lot Dimensions are 213x440
  • Fenced Yard
  • Gated Home
  • Landscaped
  • Sprinkler System
  • Lawn
  • Property is zoned LCRA1*

Parking

  • 8 Open Parking Spaces
  • 2 Car Garage
  • Driveway
  • Automatic Gate
  • Guest Parking
  • On-Street Parking
  • Unassigned Parking

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Mountain
  • Pool

Home Design

  • Farmhouse Style Home
  • Split Level Home
  • Turnkey

Interior Spaces

  • 5,533 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Dry Bar
  • Cathedral Ceiling
  • Recessed Lighting
  • French Doors
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Double Vanity
  • Bathtub with Shower
  • Double Shower
  • Shower Only

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Grill

Location

  • Property is near public transit
  • City Lot

Utilities

  • Air Conditioning
  • Central Heating
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 4467-018-002

Community Details

Overview

  • No Home Owners Association

Security

  • 24-Hour Security
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,279

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Farm House
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 5533
  • Lot Acreage: 2.1290
  • Lot Dimensions: 213x440
  • Stories: 2
  • Year Built: 2021
  • Number Of Photos: 59
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Cathedral-Vaulted Ceilings, Detached/No Common Walls, High Ceilings (9 Feet+), Dry Bar, Open Floor Plan, Turnkey, Recessed Lighting
  • Fireplace Rooms: Living Room
  • Flooring: Tile, Engineered Hardwood
  • Appliances: Microwave, Built-Ins, Double Oven, Gas, Range, Range Hood
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 2
  • Bedroom Features: Primary Bedroom, WalkInCloset, Dressing Area
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Shower Over Tub, Shower and Tub, Shower Stall, Tile, Double Shower, Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Breakfast Area, Dining Area, Kitchen Island, In Kitchen, Living Room
  • Kitchen Features: Island, Stone Counters, Gourmet Kitchen
  • Laundry: Room, Inside
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Built-Ins, Freezer, Garbage Disposal, Microwave, Ice Maker, Dishwasher, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1336.53

Exterior Features

  • Other Features: Barbecue Private, High Ceilings (9 Feet+), Custom Built, Sprinkler System, French Doors, Balcony
  • Other Structures: None
  • Patio: Balcony, Patio Open
  • Pool Description: In Ground, Heated, Private
  • Pool: Yes
  • Spa: In Ground, Hot Tub, Private
  • Spa Yn: Yes
  • View: Pool, Mountains, Ocean, City Lights, Coastline
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 8
  • Covered Parking: 2
  • Parking Garage: Covered Parking, Garage - 2 Car, Driveway, Private, Uncovered, Unassigned, Parking Space, Parking for Guests - Onsite, On street
  • Total Parking: 10

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Gated, Card/Code Access
  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4467-018-002
  • Lot Description: Automatic Gate, Back Yard, Fenced Yard, Front Yard, Gated Community, Curbs, Lawn, Landscaped, Street Paved, Yard
  • Lot Location: City, Near Public Transit
  • Lot Size Area: 92740

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2025
Closed on
Mar 18, 2025
Sold by
Julie And Lester Tobias Revocable Living and Tobias Julie Mark
Bought by
Tate Living Trust and Tate
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$7,395,000
Sold Price
$7,250,000
Premium/Discount to List
-$145,000
-1.96%
Views
76
Current Estimated Value
$7,278,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,587
Avg. Annual Appreciation
1.01%
Original Mortgage
$5,800,000
Outstanding Balance
$5,783,466
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$1,495,121

Purchase Details

Closed on
Oct 7, 2024
Sold by
Tobias Lester Richard and Tobias Julie Mark
Bought by
James Hull Living Trust and Hull

Purchase Details

Closed on
Mar 25, 2002
Sold by
Sh Crescent Co
Bought by
Tobias Lester Richard and Tobias Julie Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.08%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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 $7,250,000 Consumers Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed $1,100,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,800,000 New Conventional
Previous Owner $2,500,000 New Conventional
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $1,755,000 New Conventional
Previous Owner $1,720,000 Balloon
Previous Owner $200,000 Credit Line Revolving
Previous Owner $980,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $770,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Sold $7,250,000 -2.0% $1,310 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $7,395,000 +2.0% $1,337 / Sq Ft
12/18/2024 12/18/24 Off Market $7,250,000 -- --
10/16/2024 10/16/24 For Sale $7,395,000 -- $1,337 / 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 $16,279 $1,329,679 $1,329,566 $113
2024 $16,279 $1,303,608 $1,303,497 $111
2023 $15,950 $1,278,048 $1,277,939 $109
2022 $15,465 $1,252,989 $1,252,882 $107
2021 $15,158 $1,228,421 $1,228,316 $105
2019 $14,819 $1,191,987 $1,191,885 $102
2018 $17,403 $1,466,805 $1,168,515 $298,290
2016 $16,758 $1,409,849 $1,123,141 $286,708
2015 $16,534 $1,388,673 $1,106,271 $282,402
2014 $16,342 $1,361,472 $1,084,601 $276,871
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-453825

The MLS

APN: 4467-018-002