NOT LISTED FOR SALE

Estimated Value: $5,015,000 - $6,788,294

6 Beds
5.5 Baths
5,232 Sq Ft
$1,129/Sq Ft Est. Value

Highlights

  • Beach Access
  • Sound Studio
  • Oceanside
  • Malibu Elementary School Rated A
  • Heated Lap Pool
  • Gourmet Kitchen

About This Home

As of April 2024

Available Now! Call for details. An amazing chance to live on a cul-de-sac street on Point Dume with Riviera 2 beach access to the famed little Dume beach, one of Malibu's most desirable stretches of beach and surf. Between tall trees and privacy hedges, this gated contemporary five bedroom home and one bedroom guest apartment include all the amenities you might be looking for in a long term lease. There are several uniquely defined spaces in the home to satisfy a variety of needs. The living and dining rooms which open to the rear terrace, yard and canyon views are separated by a fireplace and provide wonderful spaces for entertaining. The primary bedroom suite on the first floor is located adjacent to an extraordinary home office. The combined chef's kitchen and media room are perfect for hanging out and open to the luxurious 65 foot-long pool and lounging area. An architectural staircase leads to a second spacious media room, bedroom and bonus room providing a sense of privacy from the four-bedroom main hub of the home. The guest apartment with separate entrance adds a third attractive living or work space with a living room and bedroom. A sprawling canyon view back yard complete with drought conscious landscaping, outdoor terrace, hot tub, built-in barbecue, fire pit and raised dining area complete the perfect Point Dume picture.

Last Agent to Rent the Property

Susan Monus

Coldwell Banker Realty License #00827409 Listed on: 08/23/2023

Coldwell Banker Realty

Last Renter's Agent

Susan Monus

Coldwell Banker Realty License #00827409 Listed on: 08/23/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,145

Year Built

  • Built in 1997

Lot Details

  • 0.79 Acre Lot
  • Cul-De-Sac
  • Rural Setting
  • Landscaped
  • Property is zoned LCRA1*

Parking

  • 2 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Driveway
  • Guest Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 5,232 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Office
  • Bonus Room
  • Sound Studio
  • Canyon Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Spa
  • Pool Cover

Outdoor Features

  • Beach Access
  • Oceanside
  • Open Patio
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Security Deposit $60,000
  • Tenant pays for cable TV, electricity, gas, pool service, insurance, water
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 4466-007-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,145

Year Built

Built in 1997

Lot Details

0

Parking

2

Rental Info

  • Credit Report Required: Yes
  • Furnished: Furnished
  • Land Lease Type: Fee
  • Rent Includes: Gardener
  • Security Deposit: 60000
  • Tenant Pays: Cable TV, Electricity, Gas, Pool Service, Insurance, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: An amazing chance to live on a cul-de-sac street on Point Dume with Riviera 2 beach access to the famed little Dume beach. Between tall trees and privacy hedges, this contemporary 5 BR home and guest apartment include all the amenities you desire in a long term lease. Several uniquely defined spaces in the home satisfy a variety of needs. The primary suite on the first floor is located adjacent to an extraordinary spacious home office. The combined chef's kitchen & media room open to the luxurious 65 foot long pool and lounging area. An architectural staircase leads to a second media room, bedroom & bonus room providing a sense of privacy from the home's main hub. The guest apt adds a third attractive living or work space. The sprawling canyon view back yard with terrace, playground, orchard, hot tub, built-in bbq, fire pit and dining area deliver you the ultimate Point Dume lifestyle.
  • Entry Location: Main Level
  • Lease Terms: 1-Year
  • Living Area: 5232
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1997
  • Number Of Photos: 52
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Furnished, Hot Tub
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Slate
  • Appliances: Range Hood, Microwave
  • Bedrooms: 6
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Bedroom Features: Main Floor Master Bedroom, Main Floor Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Powder Room, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Kitchen Island
  • Kitchen Features: Gourmet Kitchen
  • Laundry: Room, Inside
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Dishwasher, Dryer, Range/Oven, Washer, Alarm System, Refrigerator, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 5.73

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Patio Open
  • Pool Description: Heated, In Ground, Lap Pool, Pool Cover, Private
  • Pool: Yes
  • Spa: Hot Tub, Fenced
  • Spa Yn: Yes
  • View: Canyon
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 6
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car, Direct Entrance, Parking for Guests - Onsite
  • Total Parking: 8

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Exterior Security Lights, Owned, Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: Septic Tank
  • Water: Public

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4466-007-002
  • Lot Description: Landscaped
  • Lot Location: Rural, Ocean Side Of Highway 1, Beach Access, Cul-De-Sac
  • Lot Size Area: 34211

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2017
Sold by
Farrer Cameron W and Farrer Karen M
Bought by
Farrer Cameron W and Farrer Karen M
Current Estimated Value
$5,908,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,950
Outstanding Balance
$1,646,761
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,261,813

Purchase Details

Closed on
Mar 7, 2000
Sold by
Farrer William C and Farrer Constance W
Bought by
Farrer William C and Farrer William

Purchase Details

Closed on
Feb 23, 2000
Sold by
Farrer Cameron and Farrer Karen
Bought by
Farrer Cameron and Farrer Karen

Purchase Details

Closed on
Dec 13, 1995
Sold by
Halpern Shirley
Bought by
Farrer Cameron and Farrer Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.47%
Mortgage Type
Seller Take Back
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
Farrer Cameron W -- Stewart Title Of Ca Inc
Farrer William C -- --
Farrer Cameron -- --
Farrer Cameron -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrer Cameron W $1,999,950
Closed Farrer Cameron $525,000
Closed Farrer Cameron $528,000
Closed Farrer Cameron $550,000
Closed Farrer Cameron $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Rented $50,000 +66.7% --
11/07/2023 11/07/23 Price Changed $30,000 -7.7% $6 / Sq Ft
08/23/2023 08/23/23 For Rent $32,500 -7.1% --
08/21/2023 08/21/23 Rented $35,000 +7.7% --
07/05/2023 07/05/23 Price Changed $32,500 -13.3% $6 / Sq Ft
05/16/2023 05/16/23 Price Changed $37,500 -11.8% $7 / Sq Ft
03/29/2023 03/29/23 Price Changed $42,500 -15.0% $8 / Sq Ft
06/17/2022 06/17/22 For Rent $50,000 +11.1% --
06/23/2020 06/23/20 Rented $45,000 0.0% --
05/04/2020 05/04/20 For Rent $45,000 -- --
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 $16,145 $1,322,192 $481,762 $840,430
2024 $16,145 $1,296,267 $472,316 $823,951
2023 $15,814 $1,270,851 $463,055 $807,796
2022 $15,571 $1,245,933 $453,976 $791,957
2021 $15,174 $1,221,504 $445,075 $776,429
2019 $14,876 $1,185,275 $431,875 $753,400
2018 $14,016 $1,162,035 $423,407 $738,628
2017 $13,948 $1,139,251 $415,105 $724,146
2016 $13,450 $1,116,914 $406,966 $709,948
2015 $13,271 $1,100,137 $400,853 $699,284
2014 $12,319 $1,009,959 $393,001 $616,958
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-303431

The MLS

APN: 4466-007-002