NOT LISTED FOR SALE

Estimated Value: $1,960,000 - $4,795,000

5 Beds
7 Baths
7,322 Sq Ft
$461/Sq Ft Est. Value

Highlights

  • Heated In Ground Pool
  • Mountain View
  • Contemporary Architecture
  • Malibu Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of September 2021

Enjoy this magical, secluded, gorgeous compound located on one of Malibu's most coveted streets. Enter through tall gates opening to over an acre of lush grounds featuring a beautiful lagoon-style pool with cascading waterfalls, adjustable ambient lighting, spa, grassy areas, and an outdoor patio/dining area. The spacious design of this beautiful home is conducive to the indoor-outdoor lifestyle Malibu is famous for, allowing seamless flow with soaring ceilings & arched doorways. Entertain in grand style with a fabulous entertainment room including a pool table, full home gym, lounge areas, 2 large chef's kitchens, and a sound system throughout the home. The romantic primary suite offers privacy overlooking the grounds with a terrace fireplace, dual en-suite closets & bathrooms featuring gorgeous Tumbled Marble, Spark Stone, and Onyx design. An additional 2 bedrooms on the 2nd level and 2bd/2ba attached in-law suite sit on the main level. Available for the short term at $25,000/month.

Last Agent to Rent the Property

Sandro Dazzan

The Agency License #01418033 Listed on: 09/03/2021

The Agency

Co-Listed By

Irene Dazzan

The Agency License #00597226

Last Renter's Agent

Vincent Petrosino

KW Advisors License #01337370

KW Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,785

Year Built

  • Built in 2001

Lot Details

  • 1.03 Acre Lot
  • Property is zoned LCRA1*

Property Views

  • Mountain
  • Pool
  • Courtyard

Home Design

  • Contemporary Architecture

Interior Spaces

  • 7,322 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Gas Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Home Gym
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • 7 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 8 Car Direct Access Garage
  • Auto Driveway Gate
  • Driveway

Pool

  • Heated In Ground Pool
  • Waterfall Pool Feature

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $40,000
  • Tenant pays for cable TV, electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4467-029-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,785

Year Built

Built in 2001

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 40000
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary Mediterranean
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 7322
  • Stories: 2
  • Year Built: 2001
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Family Room, Gas, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 5
  • Full Bathroom: 7
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Laundry Area, Room
  • Total Bathrooms: 7.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 2.73

Exterior Features

  • Pool Description: Heated, Heated And Filtered, In Ground, Waterfall
  • Pool: Yes
  • View: Courtyard, Mountains, Pool
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Driveway, Driveway Gate, Garage - 2 Car
  • Total Parking: 8

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4467-029-015
  • Lot Size Area: 45075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 1996
Sold by
Nelson Susan L
Bought by
Nelson Norman S and Nelson Susan L
Current Estimated Value
$3,377,500

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
7.8%

Purchase Details

Closed on
May 2, 1996
Sold by
Moretti William A
Bought by
Nelson Norman S and Nelson Susan L

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
7.8%
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
Nelson Norman S -- First American Title Co
Nelson Norman S $200,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Norman S $250,000
Closed Nelson Norman S $250,000
Closed Nelson Norman S $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Rented $20,000 0.0% --
09/03/2021 09/03/21 For Rent $20,000 -20.0% --
08/03/2021 08/03/21 Rented $25,000 +25.0% --
02/10/2021 02/10/21 For Rent $20,000 -20.0% --
11/28/2020 11/28/20 Rented $25,000 +25.0% --
09/24/2020 09/24/20 For Rent $20,000 -20.0% --
06/03/2020 06/03/20 Rented $25,000 +25.0% --
05/26/2020 05/26/20 For Rent $20,000 -- --
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 $16,785 $1,409,129 $229,163 $1,179,966
2024 $16,785 $1,381,500 $224,670 $1,156,830
2023 $16,437 $1,354,413 $220,265 $1,134,148
2022 $16,188 $1,327,857 $215,947 $1,111,910
2021 $15,809 $1,301,821 $211,713 $1,090,108
2019 $15,498 $1,263,211 $205,435 $1,057,776
2018 $14,517 $1,238,443 $201,407 $1,037,036
2016 $13,999 $1,190,354 $193,587 $996,767
2015 $13,809 $1,172,475 $190,680 $981,795
2014 $13,621 $1,149,508 $186,945 $962,563
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-780098

The MLS

APN: 4467-029-015