NOT LISTED FOR SALE

Estimated Value: $1,469,708

0.53 Acre
$2,787,762 Price per Acre
22,963 Sq Ft Lot

Sale Details

Date Sold: August 14, 2025

Last sale price $1,475,000 $622 Per Sq Ft

Current estimated payment $9,645 / mo

192 Days on Market

About This Lot

As of August 2025

Discover Your Dream Home in Malibu, located in Point Dume! Take over the construction of this stunning contemporary ocean-view luxury residence, where the possibilities are endless! With the most challenging foundation elements nearly completed. This unique opportunity allows you to customize the interior to your style while benefiting from the expertise of renowned architect Vitus Matare, celebrated for his hillside designs in Malibu that blend contemporary architecture with mid-century modern aesthetics. This 3,248 SF home features 3 bedrooms, 2.5 baths and a home office or bonus room. Enjoy breathtaking mountain canyon and ocean views of the iconic Queen's Necklace from your perch on the hillside, a true modern tree house surrounded by nature's sights and sounds. Located within a short distance to an elementary school and local shops. Property comes with deeded Riviera III Beach Key granting exclusive access to Little Dume Beach, enhancing your coastal living experience. Don't miss out on this rare opportunity to create your perfect home in the desirable Point Dume community!

Last Agent to Sell the Property

Shirley Sherman

Douglas Elliman License #01316456 Listed on: 01/24/2025

Douglas Elliman

Co-Listed By

Brittany Sherman

Douglas Elliman of California, Inc. License #01940324

Last Buyer's Agent

Kathryn Werner

Pinnacle Estate Properties, Inc. License #01186577

Pinnacle Estate Properties, Inc.
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Property Details

Property Type

  • Land

Lot Details

  • 22,963 Sq Ft Lot
  • Property is zoned LCRA1*

Property Views

  • Ocean
  • Coastline
  • Mountain

Utilities

  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 4466-016-022

Property Details

Property Type

Land

Lot Details

0.53 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.5272
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Street Lights: Yes
  • View: Ocean, Mountains, Coastline
  • View: Yes

Utilities

  • Cable: No
  • Electric: On Site
  • Gas: In Street
  • Telephone: No
  • Water: Water District

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4466-016-022
  • Lot Size Area: 22963

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2025
Closed on
Aug 7, 2025
Sold by
Bought by
Seller's Agent
Shirley Sherman
Douglas Elliman
Buyer's Agent
Kathryn Werner
Pinnacle Estate Properties, Inc.
List Price
$4,999,000
Sold Price
$1,475,000
Premium/Discount to List
-$3,524,000
-70.49%
Views
33
Current Estimated Value
$1,469,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,292
Avg. Annual Appreciation
-0.37%

Purchase Details

Closed on
Dec 20, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$885,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 16, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 26, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.78%

Purchase Details

Closed on
May 6, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 12, 1996
Sold by
Bought by

Purchase Details

Closed on
Apr 10, 1996
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,475,000 Lawyers Title Company
-- Chicago Title Company
-- None Available
-- None Available
-- None Available
$849,000 First American Title Co
-- Southland Title Corporation
-- --
-- Gateway Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $233,000
Previous Owner $300,000
Previous Owner $885,000
Previous Owner $1,000,000
Previous Owner $250,000
Previous Owner $644,800
Previous Owner $200,000
Previous Owner $650,000
Previous Owner $407,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2025 08/14/25 Sold $1,475,000 -22.4% $622 / Sq Ft
08/04/2025 08/04/25 Pending -- -- --
06/17/2025 06/17/25 Price Changed $1,900,000 -20.7% $801 / Sq Ft
05/20/2025 05/20/25 Price Changed $2,395,000 -7.7% $1,009 / Sq Ft
04/30/2025 04/30/25 Price Changed $2,595,000 -48.1% $1,094 / Sq Ft
01/24/2025 01/24/25 For Sale $4,999,000 0.0% $2,107 / Sq Ft
01/07/2017 01/07/17 Rented $8,500 0.0% --
12/16/2016 12/16/16 Price Changed $8,500 -10.5% $4 / Sq Ft
11/10/2016 11/10/16 Price Changed $9,500 -9.5% $4 / Sq Ft
09/30/2016 09/30/16 For Rent $10,500 0.0% --
02/21/2013 02/21/13 Sold $1,700,000 -5.3% $716 / Sq Ft View Prior Sale
11/26/2012 11/26/12 For Sale $1,795,000 -- $756 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $18,621 $1,477,821 $1,477,708 $113
2024 $17,296 $1,448,845 $1,448,734 $111
2023 $16,935 $1,420,437 $1,420,328 $109
2022 $16,679 $1,392,586 $1,392,479 $107
2021 $16,326 $1,365,281 $1,365,176 $105
2019 $15,960 $1,324,787 $1,324,685 $102
2018 $21,409 $1,839,840 $1,298,711 $541,129
2016 $20,619 $1,768,399 $1,248,282 $520,117
2015 $20,341 $1,741,837 $1,229,532 $512,305
2014 $20,049 $1,707,718 $1,205,448 $502,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-485255

The MLS

APN: 4466-016-022

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