NOT LISTED FOR SALE

5963 Philip Ave Malibu, CA 90265

Malibu Area

Estimated Value: $6,331,000 - $18,546,495

4 Beds
5.5 Baths
10,000 Sq Ft
$1,207/Sq Ft Est. Value

Sale Details

Date Sold: May 29, 2015

Last sale price $10,133,616 $1,013 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $78,785 / mo

191 Days on Market

Highlights

  • Ocean View
  • Horses Allowed On Property
  • Heated In Ground Pool
  • Malibu Elementary School Rated A
  • Wine Cellar
  • Fireplace in Primary Bedroom

About This Home

As of May 2015

"Malibu's Finest Modern" a linear and open floor plan nestled discreetly into a gentle hillside facing the ocean, this edgy blockbuster features dramatic ocean and sunset views from every room. This project is being sold as a finished product, with the opportunity for the Buyer to bring in their own designer to make modifications and choose their own finishes. Far removed from the humble beach homes dotting West Malibu, this home boasts every amenity a Buyer desires; Ocean views, 5 car garage parking with room for 20+ more in the motor court, decks off every room, a 60 foot pool, large cinema, wine cellar, Massive pocket doors off of the living room and master, huge walk in closet, and plenty of flat acreage. With the front entry steps floating over a living water feature and a pop up ceiling this design is a perfect mix between a classic modern and bold new design! Scheduled for Completion in Spring 2015 this is a perfect opportunity to own a new home with your personal touches.

Last Agent to Sell the Property

Josh Spiegel

Sotheby's International Realty License #01861803 Listed on: 10/28/2014

Co-Listed By

Gail Copley

Coldwell Banker Realty License #00943961

Last Buyer's Agent

Josh Spiegel

Sotheby's International Realty License #01861803 Listed on: 10/28/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 2.39 Acre Lot
  • Gated Home
  • Property is zoned LCA101

Parking

  • 25 Car Attached Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Modern Architecture

Interior Spaces

  • 10,000 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Den
  • Bonus Room
  • Home Gym
  • Alarm System
  • Laundry Room
  • Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Bathtub with Shower

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Zoned Heating and Cooling
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4469-003-023

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

2.39 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 10000
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 2014
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Family Room, Living Room, Master Bedroom
  • Flooring: Hardwood, Mixed, Tile
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Bedroom Features: Master Bedroom, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1049.50

Exterior Features

  • Tennis Court: Room For
  • Tennis Court Y/N: No
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: Mountains, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 5
  • Parking Garage: Attached, Detached
  • Total Parking: 25

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central
  • Security: Gated
  • Sewer: Septic Tank

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: Yes
  • Assessor Parcel Number: 4469-003-023
  • Geocode Override: No
  • Lot Size Area: 104248

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
Oct 28, 2014
Closed on
May 7, 2015
Sold by
Bought by
Seller's Agent
Josh Spiegel
Sotheby's International Realty
Buyer's Agent
Josh Spiegel
Sotheby's International Realty
List Price
$10,495,000
Sold Price
$10,133,616
Premium/Discount to List
-$361,384
-3.44%
Current Estimated Value
$12,069,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,936,216
Avg. Annual Appreciation
1.58%

Purchase Details

Listed on
Jul 8, 2013
Closed on
Oct 14, 2013
Sold by
Bought by
Seller's Agent
Paul Randall
Coldwell Banker Realty
Buyer's Agent
Gail Copley
Coldwell Banker Realty
List Price
$2,960,000
Sold Price
$2,100,000
Premium/Discount to List
-$860,000
-29.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
177.88%
Original Mortgage
$1,105,500
Interest Rate
0.0417%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2013
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
$10,134,000 Equity Title
$2,100,000 Chicago Title Company
-- Chicago Title Subdivision
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 $7,350,000
Closed $7,350,000
Previous Owner $625,000
Previous Owner $930,000
Previous Owner $2,790,000
Previous Owner $1,105,500
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 Prior Sale
05/29/2015 05/29/15 Sold $10,133,616 -3.4% $1,013 / Sq Ft
10/28/2014 10/28/14 For Sale $10,495,000 +399.8% $1,050 / Sq Ft
11/12/2013 11/12/13 Sold $2,100,000 -29.1% $210 / Sq Ft View Prior Sale
10/14/2013 10/14/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $2,960,000 -- $296 / 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 $150,122 $12,179,544 $7,211,099 $4,968,445
2024 $138,685 $11,940,730 $7,069,705 $4,871,025
2023 $136,173 $11,706,599 $6,931,084 $4,775,515
2022 $134,589 $11,477,059 $6,795,181 $4,681,878
2021 $131,456 $11,252,020 $6,661,943 $4,590,077
2019 $128,924 $10,918,281 $6,464,347 $4,453,934
2018 $122,039 $10,704,198 $6,337,596 $4,366,602
2016 $117,253 $10,288,543 $6,091,500 $4,197,043
2015 $24,976 $2,141,958 $2,141,958 $0
2014 $24,603 $2,100,000 $2,100,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Spiegel

    Seller's Agent in 2015

    Josh Spiegel

    Sotheby's International Realty

    (310) 456-6431

    13 Total Sales

    Josh Spiegel
    Section Image
  • Gail Copley

    Seller Co-Listing Agent in 2015

    Gail Copley

    Coldwell Banker Realty

    (310) 210-9336

    13 Total Sales

    Gail Copley
    Section Image

  • P

    Seller's Agent in 2013

    Paul Randall

    Coldwell Banker Realty

See All Agents

Map

Source: The MLS

MLS Number: 14-805795

The MLS

APN: 4469-003-023

California Los Angeles County Malibu 90265

5963 Philip Ave, Malibu, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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