NOT LISTED FOR SALE

Estimated Value: $5,920,000 - $9,893,000

6 Beds
9 Baths
7,494 Sq Ft
$1,162/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $9,343,520 $1,247 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $56,489/month

14 Days on Market

Highlights

  • Beach Access
  • Barn or Stable
  • Koi Pond
  • Malibu Elementary School Rated A
  • Corral
  • Tennis Courts

About This Home

As of June 2022

It's not often that an estate of such stature - with both a pool and tennis court - comes on the market at this price on Point Dume. This spacious Mediterranean-style home has a resort-like feel, spanning a graciously terraced and beautifully landscaped fenced acre. A well-designed open floor plan distinguishes public spaces on the entry level, from spacious family quarters on the lower level. Patios on both floors lookout to a saltwater pool, spa and cabana, pond, lighted tennis court, and fruit orchard. The airy main level is impressive: Cantera entry doors, high beamed ceilings, arched entries, large windows, richly hued hardwood and tile flooring, and three cozy wood-burning fireplaces. This generous space has a wonderful flow for entertaining, with separate living, family, billiard, office, dining rooms, and an eat-in chef's kitchen. The lower level features an expansive primary bedroom wing with a sitting room, see-through fireplace, gym, spa-like bath with radiant floors, and a sizable walk-in closet. A lower-level den separates this primary wing from four additional ensuite bedrooms, a playroom, and a luxurious pool bath with steam shower. The motor court has ingress, egress, and pedestrian gates, as well as space for additional parking and a 3-car garage with room for bikes, boards & toys. Just around the corner is access to the beaches, surfing, hiking, and the Nature Preserve overlook with 180-degree ocean views for those hoping to spot dolphins, seals, and whales. Also, Point Dume, one of Malibu's most popular neighborhoods, is home to the award-winning Malibu Elementary school, along with stores & restaurants close by. This wonderful estate has it all.

Last Agent to Sell the Property

Mary Ellen Sherry

Sotheby's International Realty License #01323927 Listed on: 04/27/2022

Last Buyer's Agent

Lynde Leonard

Coldwell Banker Realty License #01338595

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $112,688

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 1.03 Acre Lot
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Stucco Fence
  • Landscaped
  • Rectangular Lot
  • Sprinklers on Timer
  • Hilltop Location
  • Back Yard
  • Property is zoned LCRA1*

Parking

  • 3 Car Attached Garage
  • 5 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Driveway
  • Auto Driveway Gate
  • Guest Parking
  • On-Street Parking
  • Controlled Entrance

Property Views

  • Trees
  • Mountain

Home Design

  • Contemporary Architecture
  • Turnkey
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 7,494 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Raised Hearth
  • Fireplace With Gas Starter
  • See Through Fireplace
  • Double Pane Windows
  • Window Screens
  • French Doors
  • Formal Entry
  • Family Room with Fireplace
  • 4 Fireplaces
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Game Room with Fireplace
  • Bonus Room
  • Craft Room
  • Storage
  • Utility Room
  • Home Gym
  • Center Hall
  • Partial Basement

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Engineered Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Mirrored Closets Doors
  • Sunken Shower or Bathtub
  • Remodeled Bathroom
  • Powder Room
  • Maid or Guest Quarters
  • Granite Bathroom Countertops
  • Double Vanity
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Double Shower
  • Shower Only
  • Steam Shower
  • Low Flow Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Pool

  • Cabana
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Saltwater Pool
  • Diving Board

Outdoor Features

  • Beach Access
  • Oceanside
  • Tennis Courts
  • Basketball Court
  • Living Room Balcony
  • Covered Patio or Porch
  • Koi Pond
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating System
  • Vented Exhaust Fan
  • 220 Volts
  • Property is located within a water district
  • Tankless Water Heater
  • Water Purifier
  • Site Evaluation on File
  • Septic Tank
  • Phone System
  • Cable TV Available

Additional Features

  • Property is near a park
  • Barn or Stable
  • Corral

Community Details

  • No Home Owners Association
  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 4466-013-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$112,688

Year Built

Built in 1978 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Resort-like Mediterranean on an acre with both a pool and tennis court on Point Dume. This spacious estate has a wonderful flow for entertaining with separate living, family, billiard, office, bonus, and dining rooms, plus an eat-in chef's kitchen with an island, bar, and walk-in pantry. The lower-level family quarters feature an extensive primary bedroom suite with a sitting room, gym, long walk-in closet, and spa-like bath with heated floors. Four additional ensuite bedrooms, a playroom, den/media room, a pool bath, and a covered patio overlook a saltwater pool, spa, and cabana, a lighted tennis court with a basketball hoop & a flat yard with a multi-purpose barn. Gated, 3-car car garage with extra parking. Access to the ocean, surfing, and Headland's Nature Preserve State Park is right around the corner. Malibu Elementary School, shops & restaurants are also close by.
  • Disability Access: 32 inch or more wide doors, 7 foot or more high garage door(s), Parking, Wheelchair Adaptable
  • Entry Floor: 1
  • Entry Location: Main Level
  • Living Area: 7494
  • Lot Acreage: 1.0256
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1978
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 220V Throughout, Bar, Basement - Partial, Built-Ins, Cathedral-Vaulted Ceilings, High Ceilings (9 Feet+), Hot Tub, Living Room Balcony, Living Room Deck Attached, Mirrored Closet Door(s), Open Floor Plan, Phone System, Pre-wired for high speed Data, Pre-wired for surround sound, Recessed Lighting, Storage Space, Turnkey, Wet Bar, Beamed Ceiling(s)
  • Fireplace Rooms: Master Bedroom, Wood Burning, Raised Hearth, Living Room, Gas Starter, Family Room, Game Room, See Through
  • Flooring: Wood, Tile, Engineered Hardwood, Stone Tile
  • Appliances: Double Oven, Cooktop - Gas, Built-Ins, Convection Oven, Self Cleaning Oven, Range Hood, Oven-Electric
  • Bedrooms: 6
  • Fireplaces: 4
  • Full Bathroom: 6
  • Half Bathroom: 3
  • Bedroom Features: All Bedrooms Down, Dressing Area, Main Floor Bedroom, Master Suite, Master Retreat, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Double Vanity(s), Granite, Linen Closet, Shower Stall, Shower Over Tub, Remodeled, Powder Room, Low Flow Toilet(s), Low Flow Shower(s), Steam Shower, Sunken Tub, Tile, Tub With Jets, Under Vanity Lighting
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Formal Dining Rm, Breakfast Counter / Bar, In Kitchen, Kitchen Island
  • Kitchen Features: Granite Counters, Gourmet Kitchen, Island, Open to Family Room, Pantry, Remodeled
  • Laundry: Room, Inside
  • Maids Room: 1
  • Total Bathrooms: 9.00
  • Den: 1
  • Equipment: Built-Ins, Garbage Disposal, Freezer, Dryer, Dishwasher, Central Vacuum, Gas Dryer Hookup, Hood Fan, Microwave, Network Wire, Water Line to Refrigerator, Water Filter, Washer, Vented Exhaust Fan, Trash Compactor, Refrigerator, Range/Oven, Phone System
  • Fireplace: Yes
  • Price Per S Q F T: 1200.29
  • Windows: Double Pane Windows, Screens

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, French Doors, High Ceilings (9 Feet+), Rain Gutters, Corral(s), Koi Pond
  • Other Structures: Cabana, Barn/Stable
  • Tennis Court: Private Tennis Court, Basketball, Private
  • Tennis Court Y/N: Yes
  • Fence: Wrought Iron, Chain Link, Block, Stucco Wall, Wood
  • Patio: Balcony, Covered Porch, Patio Open, Living Room Deck Attached, Porch - Front, Tile
  • Pool Description: In Ground, Salt/Saline, Heated And Filtered, Diving Board, Heated with Gas, Private
  • Pool: Yes
  • Roof: Spanish Tile
  • Spa: In Ground, Private, Heated with Gas
  • Spa Yn: Yes
  • View: Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 5
  • Parking Garage: Auto Driveway Gate, Built-In Storage, Controlled Entrance, Garage - 3 Car, Garage Is Attached, Driveway Gate, Parking for Guests - Onsite, Driveway - Pavers, Gated, On street
  • Total Parking: 8

Utilities

  • TV Svcs: Cable TV
  • Volt 220: 220V Throughout
  • Water Heater: Water Heater Unit, Tankless
  • Heating: Central, Zoned, Forced Air
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Sewer: Septic Tank, Site Evaluation on File, On Site
  • Water: District, Meter on Property

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: 4466-013-007
  • Lot Description: Automatic Gate, Back Yard, Fenced, Exterior Security Lights, Gutters, Landscaped, Lot Shape-Rectangular, Street Paved, Storm Drains
  • Lot Location: Hilltop, Park Nearby, Ocean Side Of Highway 1, Beach Access
  • Lot Size Area: 44676

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 14, 2022
Sold by
Baum and Colleen
Bought by
Kosaku And Chairumpa Yada Family Trust
Seller's Agent
Mary Ellen Sherry
Sotheby's International Realty
Buyer's Agent
Lynde Leonard
Coldwell Banker Realty
List Price
$8,995,000
Sold Price
$9,343,520
Premium/Discount to List
$348,520
3.87%
Current Estimated Value
$8,711,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$632,251
Avg. Annual Appreciation
-2.17%
Original Mortgage
$6,540,464
Outstanding Balance
$6,148,449
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$2,562,820

Purchase Details

Closed on
Aug 1, 2002
Sold by
Botz Thomas
Bought by
Baum Michael and Baum Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,496,250
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1999
Sold by
Lhuillier Michel J
Bought by
Botz Thomas and Botz Rene N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
6.87%
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
Kosaku And Chairumpa Yada Family Trust $9,344,000 Equity Title
Baum Michael $1,995,000 Investors Title Company
Botz Thomas $1,200,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kosaku And Chairumpa Yada Family Trust $6,540,464
Previous Owner Baum Michael $1,100,000
Previous Owner Baum Michael $1,100,000
Previous Owner Baum Michael $1,496,250
Previous Owner Botz Rene $0
Previous Owner Botz Thomas $740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $9,343,520 +3.9% $1,247 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $8,995,000 0.0% $1,200 / Sq Ft
05/15/2019 05/15/19 Rented $40,000 +33.6% --
03/11/2019 03/11/19 Price Changed $29,950 -14.4% $4 / Sq Ft
01/11/2019 01/11/19 Price Changed $35,000 -10.3% $5 / Sq Ft
12/07/2018 12/07/18 For Rent $39,000 -- --
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 $112,688 $9,914,866 $8,489,664 $1,425,202
2024 $112,688 $9,720,457 $8,323,200 $1,397,257
2023 $110,629 $9,529,860 $8,160,000 $1,369,860
2022 $32,867 $2,722,769 $1,454,738 $1,268,031
2021 $32,072 $2,669,382 $1,426,214 $1,243,168
2019 $31,452 $2,590,208 $1,383,912 $1,206,296
2018 $29,623 $2,539,421 $1,356,777 $1,182,644
2016 $28,501 $2,440,814 $1,304,093 $1,136,721
2015 $28,120 $2,404,152 $1,284,505 $1,119,647
2014 $27,721 $2,357,059 $1,259,344 $1,097,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-149588

The MLS

APN: 4466-013-007