$12,375,000
SOLD NOV 4, 2024
4 Beds
3 Baths
3,436 Sq Ft
1 Acres

Recently Sold

$3,602 Per Sq Ft

4% Below List Price

4 Days on Market

Highlights

  • Property has ocean access
  • Detached Guest House
  • Gourmet Kitchen
  • Malibu Elementary School Rated A
  • In Ground Pool
  • Primary Bedroom Suite

About This Home

As of November 2024

Malibu Market and Design brings chic luxury to The Point. Located on Point Dume's most sought after street, with private drive- down beach access, this contemporary home is the epitome of coastal living. Situated down a gated drive, the large trees and modern landscaping provide ultimate privacy. The serene pool & spa are surrounded by grassy lawns, gardens and patios perfect for relaxing and entertaining. Large open spaces and expansive windows create a seamless indoor outdoor flow. The interiors are modern, serene and effortlessly chic. The main residence boasts 2 spacious living room areas and a dining area, as well as a stunning chefs kitchen. The upstairs has a serene master suite, with its treetop balcony, spa worthy bathroom and top of the line closet system. There are two additional bedrooms with private decks. For guests, there is a charming and private, detached 1 bedroom 1 bath guest residence with a large private deck and seperate living room. This exquisite property is the essence of Point Dume living, embodying the surroundings, privacy & natural beauty of the Point, with its intimate pristine beaches, coves and the fabled waves of Little Dume.

Last Agent to Sell the Property

Eytan Levin

The Agency License #01324953 Listed on: 08/24/2024

The Agency

Last Buyer's Agent

Russell Grether

Compass License #01836632

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,347

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 1 Acre Lot
  • Fenced Yard
  • Landscaped
  • Secluded Lot
  • Lawn
  • Property is zoned LCRA1*

Property Views

  • Woods
  • Trees
  • Canyon
  • Mountain

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Copper Plumbing

Interior Spaces

  • 3,436 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Sunken Shower or Bathtub
  • Remodeled Bathroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Low Flow Toliet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Private Parking
  • Driveway
  • Auto Driveway Gate

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Covered Patio or Porch
  • Outdoor Gas Grill

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4466-004-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,347

Year Built

Built in 1978 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Living Area: 3436
  • Lot Acreage: 1.0010
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1978
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood, Stone, Hardwood
  • Appliances: Built-In And Free Standing, Built-Ins, Range, Oven, Microwave, Gas Grill
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Master Retreat, Master Suite, WalkInCloset, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Toilet(s), Remodeled, Sunken Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Formal Dining Rm, Kitchen Island, In Kitchen
  • Kitchen Features: Gourmet Kitchen, Remodeled
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Washer, Refrigerator, Range/Oven, Barbeque
  • Fireplace: Yes
  • Price Per S Q F T: 3747.09

Exterior Features

  • Other Features: Balcony, Energy Efficient, Full Copper Plumbing, High Ceilings (9 Feet+)
  • Other Structures: GuestHouse, Other
  • Guest House: Detached
  • Patio: Deck(s), Balcony, Covered, Living Room Deck Attached, Patio Open, Porch, Wood
  • Pool Description: Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Canyon, Trees/Woods, Tree Top, Mountains
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

  • Parking Garage: Auto Driveway Gate, Driveway, Driveway Gate, Garage - 2 Car, Gated, Private, Private Garage
  • Total Parking: 2

Utilities

  • Water Heater: Instant Hot Water
  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector, Gated, Automatic Gate

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4466-004-030
  • Lot Description: Back Yard, Automatic Gate, Front Yard, Fenced Yard, Fenced, Lawn, Landscaped, Secluded, Yard
  • Lot Location: Beach Access, Ocean Access
  • Lot Size Area: 43604

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2024
Closed on
Oct 24, 2024
Sold by
Zumlev8 Llc and Jobean Holdings Llc
Bought by
Jillian M Garretson Revocable Trust and Garretson
Seller's Agent
Eytan Levin
The Agency
Buyer's Agent
Russell Grether
Compass
List Price
$12,875,000
Sold Price
$12,375,000
Premium/Discount to List
-$500,000
-3.88%
Views
49
Current Estimated Value
$9,597,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,777,051
Avg. Annual Appreciation
-31.66%
Original Mortgage
$5,300,000
Outstanding Balance
$5,252,636
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$3,701,090

Purchase Details

Closed on
Jun 9, 2022
Sold by
Bieler Trust
Bought by
Zumlev8 Llc and Jobean Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2018
Sold by
Bieler Peter R
Bought by
Alexander Amir

Purchase Details

Closed on
Mar 24, 1999
Sold by
Bieler Peter
Bought by
Bieler Peter R and Bieler Randee Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,750
Interest Rate
5.87%

Purchase Details

Closed on
Feb 18, 1999
Sold by
Buttle Nicholas H
Bought by
Bieler Peter and Bieler Randee Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,750
Interest Rate
5.87%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $12,375,000 Consumers Title Company
Grant Deed $7,500,000 Usa National Title
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Individual Deed -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,300,000 New Conventional
Previous Owner $0 New Conventional
Previous Owner $3,000,000 Commercial
Previous Owner $490,000 Credit Line Revolving
Previous Owner $450,000 Credit Line Revolving
Previous Owner $1,430,000 Negative Amortization
Previous Owner $100,000 Credit Line Revolving
Previous Owner $1,090,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $918,750 No Value Available
Closed $0 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Sold $12,375,000 -3.9% $3,602 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/24/2024 08/24/24 For Sale $12,875,000 0.0% $3,747 / Sq Ft
02/13/2020 02/13/20 Rented $15,500 -18.4% --
02/01/2020 02/01/20 Under Contract -- -- --
11/04/2019 11/04/19 Price Changed $19,000 -17.4% $6 / Sq Ft
10/14/2019 10/14/19 For Rent $23,000 -- --
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 $90,347 $12,375,000 $9,780,000 $2,595,000
2024 $90,347 $7,803,000 $6,242,400 $1,560,600
2023 $88,681 $7,650,000 $6,120,000 $1,530,000
2022 $21,822 $1,809,680 $942,808 $866,872
2021 $21,289 $1,774,197 $924,322 $849,875
2019 $19,858 $1,639,105 $896,907 $742,198
2018 $19,766 $1,687,820 $879,321 $808,499
2016 $19,019 $1,622,282 $845,177 $777,105
2015 $18,763 $1,597,915 $832,482 $765,433
2014 $18,505 $1,566,615 $816,175 $750,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-431627

The MLS

APN: 4466-004-030