NOT LISTED FOR SALE

6170 Ramirez Canyon Rd Malibu, CA 90265

Estimated Value: $7,975,000 - $9,594,000

5 Beds
8 Baths
7,000 Sq Ft
$1,265/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $10,000,000 $1,429 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $58,113/month

21 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Projection Room
  • Webster Elementary School Rated A
  • Detached Guest House
  • Pool House

About This Home

As of November 2022

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

Mark Kitching

Douglas Elliman License #01742148 Listed on: 10/12/2022

Douglas Elliman

Co-Listed By

Charlie Oliveira

Douglas Elliman License #02135818

Last Buyer's Agent

Isabelle Mizrahi

Berkshire Hathaway HomeServices California Properties License #01209059

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $117,843

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 1.58 Acre Lot
  • Lot Dimensions are 207x334
  • Property fronts a private road
  • South Facing Home
  • Fenced Yard
  • Gated Home
  • Secluded Lot
  • Sprinkler System
  • Property is zoned LCRA1*

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Automatic Gate

Property Views

  • Ocean
  • Woods
  • Canyon
  • Mountain
  • Courtyard

Home Design

  • Flat Roof Shape
  • Plaster Walls
  • Wood Siding

Interior Spaces

  • 7,000 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Skylights in Kitchen
  • Recessed Lighting
  • Sliding Doors
  • Entryway
  • Family Room
  • Living Room
  • Formal Dining Room
  • Projection Room
  • Home Theater
  • Den with Fireplace
  • Game Room with Fireplace
  • 3 Fireplaces
  • Home Gym
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Powder Room
  • Low Flow Toliet

Laundry

  • Laundry Room
  • Laundry Chute

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Pool House
  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Fence Around Pool

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Outdoor Grill

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4467-005-032

Community Details

Overview

  • Greenbelt

Additional Features

  • Billiard Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$117,843

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Ramirez
  • Entry Location: Foyer
  • Living Area: 7000
  • Lot Acreage: 1.5811
  • Lot Dimensions: 207x334
  • Planned Urban Dev: 0
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2022
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Plaster Walls, High Ceilings (9 Feet+), Laundry Chute, Recessed Lighting
  • Fireplace Rooms: Den, Kitchen, Game Room
  • Flooring: Hardwood
  • Appliances: Cooktop - Electric, Oven-Electric
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 3
  • Half Bathroom: 2
  • Bedroom Features: Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Low Flow Toilet(s)
  • Three Quarter Bathrooms: 3
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Family Room, Family Kitchen, Living Room, Kitchen Island, Formal Dining Rm
  • Kitchen Features: Marble Counters, Skylight(s)
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Den: 1
  • Equipment: Barbeque, Built-Ins, Ceiling Fan, Dishwasher, Freezer, Refrigerator, Range/Oven, Garbage Disposal
  • Fireplace: Yes
  • Price Per S Q F T: 1570.71

Exterior Features

  • Direction Faces: South
  • Construction: Combination, Wood Siding
  • Other Features: Balcony, Barbecue Private, Custom Built, Sprinkler System, Sliding Glass Doors, Energy Efficient
  • Other Structures: GuestHouse, Pool House, Accessory Bldgs
  • Tennis Court: Room For
  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Fenced, Heated with Gas, In Ground
  • Pool: Yes
  • Roof: Flat
  • Spa: Heated, Fenced, In Ground
  • Spa Yn: Yes
  • View: Canyon, Courtyard, Fields, Ocean, Mountains, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Circular Driveway, Covered Parking
  • Total Parking: 20

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Central
  • Security: Gated, Fire Sprinklers, Smoke Detector, Fire and Smoke Detection System, Automatic Gate, Carbon Monoxide Detector(s)
  • Sewer: Septic Tank
  • Water: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 750.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 4467-005-032
  • Lot Description: Gated Community, Fenced Yard, Secluded
  • Lot Location: Beach Access, Canyon, Greenbelt, Ocean Access, Private Road
  • Lot Size Area: 68872

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Nov 9, 2022
Sold by
Sunia Living Llc
Bought by
Gaffen 2012 Descendants Trust
Seller's Agent
Mark Kitching
Douglas Elliman
Buyer's Agent
Isabelle Mizrahi
Berkshire Hathaway HomeServices California Properties
List Price
$10,995,000
Sold Price
$10,000,000
Premium/Discount to List
-$995,000
-9.05%
Views
277
Current Estimated Value
$8,851,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,148,290
Avg. Annual Appreciation
-4.32%
Original Mortgage
$6,000,000
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 27, 2021
Sold by
Pelayo Jerome M and Pelayo Jamie Leilani
Bought by
Sunia Living Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,257,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 17, 2019
Closed on
Sep 17, 2020
Sold by
Hofshi Reuben and Hofshi Jeannine
Bought by
Pelayo Jerome M and Pelayo Jamie Leilani
Seller's Agent
Mike Gardner
Compass
Buyer's Agent
Dan Ortega
Sotheby's International Realty
List Price
$1,950,000
Sold Price
$1,850,000
Premium/Discount to List
-$100,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.82%
Original Mortgage
$1,480,000
Interest Rate
2.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 26, 2019
Sold by
Nestor Peggy
Bought by
Reuben Hofehi & Jeannine Hofshi 1998 Tr

Purchase Details

Listed on
Apr 10, 2015
Closed on
May 6, 2016
Sold by
Hart Paula and Gilliams Leslie
Bought by
Nestor Peggy
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Brenda Hayward
Compass
List Price
$4,500,000
Sold Price
$4,100,000
Premium/Discount to List
-$400,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$3,075,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2010
Sold by
Araujo Luis A
Bought by
Hart Paula and Gilliams Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,690,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2006
Sold by
Yeh Man Li and Yeh Man Li Llc
Bought by
Araujo Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
6.21%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 29, 2006
Sold by
Gimenez Susan H
Bought by
Araujo Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
6.21%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 28, 2004
Sold by
Zinnemann David B and Zinnemann Christine
Bought by
Yeh Man Li and Yeh Man Li Llc

Purchase Details

Closed on
Sep 24, 2004
Sold by
Strobl Karlheinz
Bought by
Yeh Man Li

Purchase Details

Closed on
Oct 27, 1998
Sold by
Four Lot Malibu
Bought by
Zinnemann David B and Zinnemann Christine

Purchase Details

Closed on
Sep 18, 1995
Sold by
Ba Properties Inc
Bought by
Four Lot Malibu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.67%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 15, 1995
Sold by
Jameson Ali G and Jameson Barbara S
Bought by
Ba Properties Inc
Source: Public Records

Range of Values:

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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
Gaffen 2012 Descendants Trust $10,000,000 Lawyers Title
Sunia Living Llc -- Chicago Title Company
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
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaffen 2012 Descendants Trust $4,000,000
Previous Owner Sunia Living Llc $6,000,000
Previous Owner Sunia Living Llc $4,257,000
Previous Owner Pelayo Jerome M $1,480,000
Previous Owner Nestor Peggy $360,000
Previous Owner Nestor Peggy $3,250,000
Previous Owner Nestor Peggy $3,150,000
Previous Owner Nestor Peggy $3,075,000
Previous Owner Hart Paula $1,690,000
Previous Owner Hart Paula $1,690,000
Previous Owner Araujo Luis A $2,062,500
Previous Owner Yeh Man Li $650,000
Previous Owner Araujo Luis A $2,200,000
Previous Owner Zinnemann David B $150,000
Previous Owner Zinnemann David B $200,000
Previous Owner Four Lot Malibu $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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
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 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-208025

The MLS

APN: 4467-005-032