Seller's Agent in 2022
Mark Kitching
Douglas Elliman
(310) 902-0221
32 Total Sales
Estimated Value: $7,909,000 - $9,099,714
Stunning new compound nestled in the beautiful, gated enclave of Ramirez Canyon, just moments from the beach. Set on 1.6 private acres, this warm, thoughtful new construction is the perfect place to relax and retreat with its resort-style pool area and expansive eucalyptus grove, certified as a monarch butterfly sanctuary. Private tunnel access below the PCH allows for easy access to the beach.Built with great care and attention to detail, this home was designed to create an effortless flow between the common spaces and a seamless balance between indoor and outdoor living. The tall ceilings and abundance of natural light enhance the earthy tones created by the plasters, woods and other natural materials used throughout.An array of spacious entertaining areas, including pool house, outdoor kitchen, library, sitting room, screening and games rooms along with multiple outdoor sitting and dining areas make for a home fit for any occasion. Designed with a focus on wellness with a 50-foot pool and spa, large gym and outdoor meditation/yoga decks set within a pocket of mature oaks and gravel pathways.Home automation, indoor and outdoor speakers, camera systems, as well as Tesla solar and battery backup add to the sustainability, security and convenience of this home.Intimately private yet close to Paradise Cove, Point Dume and some of Malibu's best beaches and hiking trails, this property represents the best Malibu has to offer.
Last Agent to Sell the Property
Douglas Elliman License #01742148 Listed on: 10/12/2022
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01209059
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gaffen 2012 Descendants Trust | $10,000,000 | Lawyers Title | |
| Pelayo Jerome M | $1,850,000 | Chicago Title Company | |
| Reuben Hofehi & Jeannine Hofshi 1998 Tr | $1,600,000 | First American Title | |
| Nestor Peggy | $4,100,000 | Lawyers Title Company | |
| Hart Paula | $2,600,000 | Lawyers Title | |
| Araujo Luis A | $1,000,000 | First American Title Co | |
| Araujo Luis A | -- | First American Title Co | |
| Yeh Man Li | $650,000 | First American Title Co | |
| Yeh Man Li | -- | First American Title Co | |
| Zinnemann David B | $580,000 | Equity Title Company | |
| Four Lot Malibu | -- | Commonwealth Title Co | |
| Ba Properties Inc | $1,200,000 | Continental Land Title |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pelayo Jerome M | $1,480,000 | |
| Previous Owner | Nestor Peggy | $3,075,000 | |
| Previous Owner | Hart Paula | $1,690,000 | |
| Previous Owner | Araujo Luis A | $2,200,000 | |
| Previous Owner | Four Lot Malibu | $250,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/21/2022 11/21/22 | Sold | $10,000,000 | -9.0% | $1,429 / Sq Ft | |
| 11/02/2022 11/02/22 | Pending | -- | -- | -- | |
| 10/12/2022 10/12/22 | For Sale | $10,995,000 | +494.3% | $1,571 / Sq Ft | |
| 10/09/2020 10/09/20 | Sold | $1,850,000 | -5.1% | $370 / Sq Ft | View Prior Sale |
| 08/11/2020 08/11/20 | Pending | -- | -- | -- | |
| 10/17/2019 10/17/19 | For Sale | $1,950,000 | -52.4% | $390 / Sq Ft | |
| 05/20/2016 05/20/16 | Sold | $4,100,000 | -2.4% | $820 / Sq Ft | View Prior Sale |
| 03/29/2016 03/29/16 | Price Changed | $4,200,000 | -6.7% | $840 / Sq Ft | |
| 02/09/2016 02/09/16 | For Sale | $4,500,000 | +9.8% | $900 / Sq Ft | |
| 02/03/2016 02/03/16 | Off Market | $4,100,000 | -- | -- | |
| 08/05/2015 08/05/15 | Price Changed | $4,500,000 | -9.9% | $900 / Sq Ft | |
| 04/10/2015 04/10/15 | For Sale | $4,995,000 | -- | $999 / Sq Ft |
| 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 | $117,843 | $10,404,000 | $9,363,600 | $1,040,400 |
| 2024 | $117,843 | $10,200,000 | $9,180,000 | $1,020,000 |
| 2023 | $115,614 | $10,000,000 | $9,000,000 | $1,000,000 |
| 2022 | $22,813 | $1,887,000 | $1,887,000 | $0 |
| 2021 | $22,289 | $1,850,000 | $1,850,000 | $0 |
| 2020 | $19,821 | $1,632,000 | $1,632,000 | $0 |
| 2019 | $25,144 | $2,075,081 | $2,074,979 | $102 |
| 2018 | $49,087 | $4,265,639 | $2,034,294 | $2,231,345 |
| 2016 | $32,607 | $2,813,876 | $1,517,328 | $1,296,548 |
| 2015 | $32,170 | $2,771,610 | $1,494,537 | $1,277,073 |
| 2014 | $31,716 | $2,717,319 | $1,465,262 | $1,252,057 |
Seller's Agent in 2022
Mark Kitching
Douglas Elliman
(310) 902-0221
32 Total Sales
Seller Co-Listing Agent in 2022
Charlie Oliveira
Douglas Elliman
(650) 387-3421
17 Total Sales
Buyer's Agent in 2022
Isabelle Mizrahi
Berkshire Hathaway HomeServices California Properties
(310) 850-1136
33 Total Sales
Seller's Agent in 2020
Mike Gardner
Compass
(310) 699-8428
17 Total Sales
Buyer's Agent in 2020
Dan Ortega
Sotheby's International Realty
(323) 839-3936
13 Total Sales
Seller's Agent in 2016
Chris Cortazzo
Compass
(310) 457-3995
211 Total Sales
Source: The MLS
MLS Number: 22-208025
APN: 4467-005-032