$2,500,000
SOLD AUG 1, 2024
3 Beds
3 Baths
1,484 Sq Ft
$1,192/mo HOA Fee

Recently Sold

$1,685 Per Sq Ft

25% Below List Price

35 Days on Market

Highlights

  • White Water Ocean Views
  • 24-Hour Security
  • 11.66 Acre Lot
  • Malibu Elementary School Rated A
  • Heated In Ground Pool
  • Bluff on Lot

About This Home

As of August 2024

Incredible opportunity to own a rare bluff front end unit in the exclusive Zuma Bay Villas on Point Dume. Unobstructed white water views with easy access to Zuma and Westward Beaches. First time on the market in over 34 years and priced to sell. Surrounded by the rugged beauty of Malibu, this property offers a blank canvas to reimagine and create your own beachside oasis which includes pristine grounds, tennis court, pool, & spa. Originally a three bedroom & three bath property, now a two bedroom, two bath unit, which could easily be converted back. This residence is the perfect beachside home that can be enjoyed as a main residence or a beach retreat.

Last Agent to Sell the Property

rob abbey

Pinnacle Estate Properties License #01915031 Listed on: 06/04/2024

Pinnacle Estate Properties

Last Buyer's Agent

rob abbey

Pinnacle Estate Properties License #01915031 Listed on: 06/04/2024

Pinnacle Estate Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,770

Year Built

  • Built in 1975

HOA Fees

  • $1,192 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Property Views

  • White Water Ocean
  • Coastline
  • Bay

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 1,484 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Utilities

  • Heating System Mounted To A Wall or Window
  • Multi-Tank Hot Water Heater

Additional Features

  • Heated Spa
  • Open Patio
  • Bluff on Lot

Listing and Financial Details

  • Assessor Parcel Number 4468-022-015

Community Details

Overview

  • 90 Units

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Clubhouse
  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,770

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,192 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: Zuma Bay Villas
  • Entry Floor: 1
  • Living Area: 1484
  • Lot Acreage: 11.6611
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1975
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Master Bedroom
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Built-In Electric
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Family Kitchen
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Gas Or Electric Dryer Hookup, Refrigerator, Garbage Disposal, Electric Dryer Hookup, Water Line to Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 2257.41

Exterior Features

  • Tennis Court: Community, Private Tennis Court
  • Tennis Court Y/N: Yes
  • Pool Description: Association Pool, Heated And Filtered, In Ground
  • Pool: Yes
  • Spa: Community, Heated
  • Spa Yn: Yes
  • View: Bay, Coastline, White Water, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage Is Attached, Garage - 2 Car, Parking for Guests - Onsite
  • Total Parking: 2

Utilities

  • Water Heater: Multi-Tank
  • Heating: Electric, Wall Electric
  • Security: 24 Hour, Gated Community with Guard

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Gated Community Guard, Pool, Spa, Tennis Courts, Clubhouse
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1192.00
  • HOA: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4468-022-015
  • Lot Location: Bluff Front
  • Lot Size Area: 507958

Multi Family

  • Number Of Units: 90

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Jul 26, 2024
Sold by
Inter-Vivos Lloyd P and Inter-Vivos Donna
Bought by
Alvy Alexander and Alvy Theresa
Seller's Agent
rob abbey
Pinnacle Estate Properties
Buyer's Agent
rob abbey
Pinnacle Estate Properties
List Price
$3,350,000
Sold Price
$2,500,000
Premium/Discount to List
-$850,000
-25.37%
Total Days on Market
35
Views
21
Current Estimated Value
$2,540,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,765
Avg. Annual Appreciation
6.67%
Original Mortgage
$2,000,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 1995
Sold by
The Adamson Companies
Bought by
Tainter Donna W and Lloyd P & Donna W Tainter Inter Vivos Ir
Source: Public Records

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Range of Values:

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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 $2,500,000 Priority Title Company
Grant Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Closed $2,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $2,500,000 -25.4% $1,685 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $3,350,000 -- $2,257 / 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
2024 $13,770 $1,139,329 $918,220 $221,109
2023 $13,522 $1,116,990 $900,216 $216,774
2022 $13,352 $1,095,089 $882,565 $212,524
2021 $13,020 $1,073,617 $865,260 $208,357
2019 $12,758 $1,041,775 $839,597 $202,178
2018 $12,102 $1,021,349 $823,135 $198,214
2016 $11,648 $981,691 $791,173 $190,518
2015 $11,113 $966,946 $779,289 $187,657
2014 $10,952 $948,006 $764,024 $183,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-399455

The MLS

APN: 4468-022-015