NOT LISTED FOR SALE

Estimated Value: $6,858,000 - $9,760,000

5 Beds
4.5 Baths
3,868 Sq Ft
$2,040/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $7,500,000 $1,939 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $49,996/month

115 Days on Market

Highlights

  • Detached Guest House
  • Heated Spa
  • Open Floorplan
  • Malibu Elementary School Rated A
  • Oceanside
  • Midcentury Modern Architecture

About This Home

As of May 2024

This private and charming Point Dume mid-century ranch home is spacious and open, with wonderful indoor-outdoor flow, expansive front and backyards, a lovely guest cottage, and beach keys to Little Dume. The fully renovated single-level home with 3 bedrooms and 3.5 bathrooms and the guesthouse with 2 bedrooms and 1 bathroom, are set on an acre of property with gates and privacy hedges, gorgeous gardens, mature trees, and two driveways providing ample space for multiple vehicles. The interior features high beamed ceilings and hardwood floors, a huge stone fireplace in the living room, a spacious dining room, and a beautifully equipped kitchen with an island, wood countertops, bar seating, and loads of cupboards and storage space. The living room opens to the back deck, while the dining room and kitchen open onto the side deck. Off the entry, a barn door in the hallway opens to the laundry room, and another opens to the powder room. Further along the hall are three en-suite bedrooms, including the primary suite, which has a huge closet and a marble-tiled bath complete with a fireplace. At the front of the house, the sensational grounds feature a circular drive, two fountains, a small gazebo, an outdoor dining area, a generous lawn, and a welcoming front porch that looks out at an enormous fragrance and flower garden with meandering pathways. At the side of the house, a large deck provides an outdoor living area for relaxed evening entertaining. The deck wraps around to the covered back porch, which has a sitting area, and the backyard provides additional areas for seating and recreation, plus a Caldera spa. The home's second driveway opens at the back of the house, with room for six or more vehicles, and a shed. Flagstones in the back lawn lead to the air-conditioned guest cottage, which has a wooden front deck, a large living room with high, beamed ceilings, a gorgeous kitchen, and two bedrooms. Behind the guest house is a surfboard rack and an outdoor shower. More than just a home, this private compound is a tranquil getaway for easy Malibu living and entertaining. Available for lease at $30,000 per month.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 01/26/2024

Compass

Last Buyer's Agent

Chris Cortazzo

Compass License #01190363 Listed on: 01/26/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $93,849

Lot Details

  • 0.9 Acre Lot
  • Gated Home
  • Split Rail Fence
  • Wood Fence
  • Landscaped
  • Sprinklers on Timer
  • Lawn
  • Back and Front Yard
  • Property is zoned LCRA1*

Home Design

  • Midcentury Modern Architecture
  • Turnkey

Interior Spaces

  • 3,868 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • French Doors
  • Living Room with Fireplace
  • 3 Fireplaces
  • Living Room with Attached Deck
  • Dining Area
  • Mountain Views

Kitchen

  • Convection Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Double Vanity
  • Bathtub with Shower
  • Double Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Private Parking
  • Driveway
  • Automatic Gate
  • Guest Parking
  • On-Street Parking

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Oceanside
  • Outdoor Fireplace
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Water Purifier
  • Septic Tank

Additional Features

  • Detached Guest House
  • Property is near public transit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4466-004-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$93,849

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Main Level
  • Living Area: 3868
  • Lot Acreage: 0.9000
  • Stories: 1
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Built-Ins, Cathedral-Vaulted Ceilings, Detached/No Common Walls, Furnished, High Ceilings (9 Feet+), Living Room Deck Attached, Open Floor Plan, Recessed Lighting, Storage Space, Turnkey
  • Fireplace Rooms: Exterior, Fire Pit, Gas, Living Room, Master Bedroom, Wood Burning
  • Flooring: Wood, Stone Tile
  • Appliances: Built-Ins, Convection Oven, Oven, Microwave, Range, Range Hood
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Double Vanity(s), Powder Room, Shower and Tub, Shower Over Tub, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, In Kitchen, Kitchen Island, Living Room
  • Kitchen Features: Island, Stone Counters
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 2196.23
  • Windows: Double Pane Windows, French Windows

Exterior Features

  • Other Features: High Ceilings (9 Feet+), French Doors, Sprinkler System
  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Fence: Split Rail, Wood
  • Guest House: Detached
  • Patio: Deck(s), Living Room Deck Attached
  • Pool: No
  • Spa: Above Ground, Heated, Private
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

  • Other Spaces: 10
  • Parking Garage: Driveway, On street, Parking for Guests, Private, Uncovered
  • Total Parking: 10

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Forced Air
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated, Smoke Detector
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 4466-004-040
  • Lot Description: Automatic Gate, Back Yard, Fenced, Front Yard, Landscaped, Lawn, Street Paved, Yard
  • Lot Location: Ocean Side Of Highway 1, Park Nearby, Near Public Transit
  • Lot Size Area: 39202

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
May 9, 2024
Sold by
Brandon David Creed Living Trust and Creed Brandon
Bought by
Simone Harrer Revocable Trust and Harrer
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$8,495,000
Sold Price
$7,500,000
Premium/Discount to List
-$995,000
-11.71%
Views
811
Current Estimated Value
$7,702,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,954
Avg. Annual Appreciation
4.27%

Purchase Details

Closed on
Sep 22, 2021
Sold by
Osberg Scott and Osberg Diana
Bought by
Brandon David Creed Living Trust and Creed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,900,000
Interest Rate
2.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2017
Sold by
Osberg Scott and Osberg Diana
Bought by
Wildlife Properties Llc

Purchase Details

Listed on
Apr 26, 2012
Closed on
Jun 24, 2012
Sold by
Rocco Steve
Bought by
Osberg Scott and Osberg Diana
Seller's Agent
Lily Harfouche
Compass
Buyer's Agent
Gail Copley
Coldwell Banker Realty
List Price
$2,350,000
Sold Price
$2,550,000
Premium/Discount to List
$200,000
8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$1,550,000
Interest Rate
3.74%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jul 15, 2011
Closed on
Feb 7, 2012
Sold by
Malibu Casitas Ii L P
Bought by
Rocco Steve and Roccoland Trust
Seller's Agent
Paul Grisanti
Pinnacle Estate Properties
Buyer's Agent
Lily Harfouche
Compass
List Price
$2,500,000
Sold Price
$2,375,000
Premium/Discount to List
-$125,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.71%
Original Mortgage
$250,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2006
Sold by
Antipol Ladizhinka Ltd Llc
Bought by
Malibu Casitas Ii Lp

Purchase Details

Closed on
Dec 13, 2005
Sold by
Antipol Ladizhinka Ltd Llc
Bought by
Malibu Casitas Lp

Purchase Details

Closed on
Nov 19, 2003
Sold by
Winnikoff Albert and Winnikoff Lillian
Bought by
Winnikoff Albert and Winnikoff Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1997
Sold by
Winnikoff Albert and Winnikoff Lillian
Bought by
Winnikoff Albert and Winnikoff Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.36%
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
Simone Harrer Revocable Trust $7,500,000 Consumers Title Company
Brandon David Creed Living Trust $7,800,000 Corinthian Title
Wildlife Properties Llc -- None Available
Osberg Scott $2,550,000 Equity Title Company
Rocco Steve $2,375,023 Equity Title Company
Malibu Casitas Ii Lp -- None Available
Antipol Ladizhinka Ltd Llc -- None Available
Malibu Casitas Lp -- --
Antipol Ladizhinka Ltd Llc -- --
Winnikoff Marc -- --
Winnikoff Albert -- Chicago Title Co
Winnikoff Albert -- --
Winnikoff Albert -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brandon David Creed Living Trust $4,900,000
Previous Owner Osberg Scott $1,555,000
Previous Owner Osberg Scott $1,550,000
Previous Owner Osberg Scott $1,550,000
Previous Owner Osberg Scott $1,550,000
Previous Owner Rocco Steve $250,000
Previous Owner Malibu Casitas Ii Lp $1,115,000
Previous Owner Winnikoff Albert $385,000
Previous Owner Winnikoff Albert $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $7,500,000 -11.7% $1,939 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $8,495,000 0.0% $2,196 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $8,495,000 +233.1% $2,196 / Sq Ft
07/27/2012 07/27/12 Sold $2,550,000 0.0% $699 / Sq Ft
05/14/2012 05/14/12 Off Market $2,550,000 -- --
04/26/2012 04/26/12 For Sale $2,350,000 -1.1% $644 / Sq Ft
02/10/2012 02/10/12 Sold $2,375,000 -5.0% $1,349 / Sq Ft
12/08/2011 12/08/11 For Sale $2,500,000 0.0% $1,420 / Sq Ft
12/06/2011 12/06/11 Pending -- -- --
12/02/2011 12/02/11 For Sale $2,500,000 +5.3% $1,420 / Sq Ft
12/01/2011 12/01/11 Off Market $2,375,000 -- --
10/11/2011 10/11/11 Price Changed $2,500,000 -5.7% $1,420 / Sq Ft
09/01/2011 09/01/11 Price Changed $2,650,000 -32.9% $1,505 / Sq Ft
08/03/2011 08/03/11 For Sale $3,950,000 +66.3% $2,243 / Sq Ft
08/01/2011 08/01/11 Off Market $2,375,000 -- --
07/15/2011 07/15/11 For Sale $3,950,000 -- $2,243 / 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 $93,849 $7,393,329 $6,113,721 $1,279,608
2024 $93,849 $8,115,224 $6,492,200 $1,623,024
2023 $92,120 $7,956,102 $6,364,902 $1,591,200
2022 $98,824 $7,800,100 $6,240,100 $1,560,000
2021 $34,875 $2,959,020 $348,117 $2,610,903
2019 $34,195 $2,871,256 $337,793 $2,533,463
2018 $32,386 $2,814,958 $331,170 $2,483,788
2016 $31,220 $2,705,652 $318,311 $2,387,341
2015 $30,799 $2,665,011 $313,530 $2,351,481
2014 $30,352 $2,612,808 $307,389 $2,305,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-351953

The MLS

APN: 4466-004-040