$5,800,000 - $9,647,780
RENTED MAY 9, 2025
5 Beds
4 Baths
4,803 Sq Ft
$1,735 Price per Sq Ft

Last Sold January 25, 2013

Last sale price $2,900,000 $604 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $47,858/month

Highlights

  • Ocean View
  • Attached Guest House
  • Midcentury Modern Architecture
  • Malibu Elementary School Rated A
  • Heated In Ground Pool
  • Family Room with Fireplace

About This Home

As of May 2025

Stunning 5-Bedroom Malibu Home for Lease at $34,000 per month. Also available for Sale at $9,999,995. Ocean Views, Modern Amenities, and the Ultimate Indoor-Outdoor Lifestyle. Located in the heart of Point Dume, this stunning 5-bedroom, 4-bath Malibu home offers the perfect blend of luxury, comfort, and convenience. Just moments from the beach, renowned restaurants, boutique shops, and top-rated schools, this home is ideal for those seeking a relaxed, coastal lifestyle. The spacious interior boasts ocean views and an open, airy design that seamlessly blends indoor and outdoor living. Hardwood floors throughout the home and large windows fill the space with natural light, creating a warm and inviting atmosphere. Whether you choose a fully furnished, move-in-ready option or prefer to bring your personal touch, this home accommodates both. The property features modern, eco-friendly amenities, including two Tesla car chargers, a backup Tesla Powerwall powered by solar panels, and a state-of-the-art home theater for entertainment. The backyard is your own private oasis, perfect for unwinding or hosting gatherings. Enjoy the vegetable garden for fresh produce, and let your pets roam freely within the secure, pet-friendly environment created by the invisible fence. A golf cart is included for easy access to the beach or local spots, ensuring effortless exploration of the surrounding area.

Last Agent to Rent the Property

Michael Cunningham

Pinnacle Estate Properties License #01291455 Listed on: 01/15/2025

Pinnacle Estate Properties

Last Renter's Agent

Tracy Lynn Testin

Sotheby's International Realty License #01212506

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,449

Year Built

  • Built in 1962

Lot Details

  • 0.7 Acre Lot
  • Property is zoned LCR220000*

Parking

  • 5 Parking Spaces

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 4,803 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Bonus Room
  • Wood Flooring
  • Ocean Views
  • Range with Range Hood
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Heated Spa

Additional Homes

  • Attached Guest House

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Security Deposit $78,000
  • Seasonal Lease Term
  • Assessor Parcel Number 4468-004-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,449

Year Built

Built in 1962

Lot Details

0

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Security Deposit: 78000

Listing Details

  • Property Type: Residential Lease
  • Style: Mid-Century
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: Season
  • Living Area: 4803
  • Stories: 1
  • Year Built: 1962
  • Number Of Photos: 52
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Hardwood
  • Appliances: Built-In Electric, Built-In Gas, Gas, Range Hood, Range
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 7.08

Exterior Features

  • Guest House: Attached
  • Pool Description: Heated And Filtered
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4468-004-024
  • Lot Size Area: 30650

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2021
Sold by
Bailey Mark D and Bailey Rory E
Bought by
Bailey Mark D and Kennedy Rory Elizabeth
Current Estimated Value
$8,334,195

Purchase Details

Listed on
Nov 13, 2012
Closed on
Jan 16, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Bailey Mark D and Kennedy Rory E
Seller's Agent
Irene Dazzan
The Agency
Buyer's Agent
Michael Cunningham
Pinnacle Estate Properties
List Price
$2,957,304
Sold Price
$2,900,000
Premium/Discount to List
-$57,304
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Aug 3, 2012
Sold by
Gowhari Roya
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Sep 1, 2008
Sold by
Gowhari Roya
Bought by
Roya Gowhari Family Revocable Trust

Purchase Details

Closed on
Apr 1, 2008
Sold by
Eslamieh Fariborz
Bought by
Gowhari Roya

Purchase Details

Closed on
Aug 29, 2006
Sold by
Tappin Todd
Bought by
Eslamieh Fariborz and Gowhari Roya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
7.27%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 27, 2004
Sold by
Daniel Shelby
Bought by
Tappin Todd and Tappin Cordelia

Purchase Details

Closed on
Aug 16, 2002
Sold by
Kaplan Steven N
Bought by
Kaplan Steven N and Daniel Shelby

Purchase Details

Closed on
Jun 11, 2002
Sold by
Kaplan Steven N
Bought by
Kaplan Steven N and Daniel Shelby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.12%

Purchase Details

Closed on
Jun 5, 2002
Sold by
Kaplan Steven N
Bought by
Kaplan Steven N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.12%

Purchase Details

Closed on
Oct 2, 2001
Sold by
Kaplan Steven N
Bought by
Kaplan Steven N and Daniel Shelby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 1999
Sold by
Kaplan Steven N
Bought by
Kaplan Steven N and Daniel Shelby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,750
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 1999
Sold by
Daniel Shelby
Bought by
Kaplan Steven N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,750
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1998
Sold by
Legette Bernard
Bought by
Kaplan Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,750
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 1994
Sold by
Fisher Jerome J
Bought by
Legette Bernard and Legette Nanscy Neiman

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
4.37%

Purchase Details

Closed on
Nov 29, 1993
Sold by
Escrow Exchange Inc
Bought by
Fisher Jerome J and Ira Rollover Oppenheimer & Co Inc
Source: Public Records

Range of Values:

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Average Value
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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
Bailey Mark D -- None Available
Bailey Mark D $2,900,000 None Available
Jpmorgan Chase Bank National Association $2,604,030 Servicelink
Roya Gowhari Family Revocable Trust -- None Available
Gowhari Roya -- None Available
Eslamieh Fariborz -- Fidelity National Title Co
Tappin Todd -- First American Title Co
Kaplan Steven N -- --
Kaplan Steven N -- Fidelity National Title Co
Kaplan Steven N -- Fidelity National Title
Kaplan Steven N -- --
Kaplan Steven N -- --
Kaplan Steven N -- --
Kaplan Steven N -- --
Kaplan Steven N -- First American Title Co
Kaplan Steven -- First American Title Co
Legette Bernard $925,000 Equity Title
Fisher Jerome J $791,359 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Bailey Trust $1,103,600
Closed Bailey Mark D $1,100,000
Previous Owner Gowhari Roya $3,070,000
Previous Owner Eslamieh Fariborz $3,000,000
Previous Owner Daniel Shelby $1,300,000
Previous Owner Kaplan Steven N $1,300,000
Previous Owner Kaplan Steven N $250,000
Previous Owner Kaplan Steve N $1,137,500
Previous Owner Kaplan Steven N $1,050,000
Previous Owner Kaplan Steven N $1,200,000
Previous Owner Kaplan Steven N $1,200,000
Previous Owner Kaplan Steven N $1,218,750
Previous Owner Kaplan Steven $1,218,750
Previous Owner Legette Bernard $740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Rented $34,000 0.0% --
02/06/2025 02/06/25 Price Changed $34,000 -15.0% $7 / Sq Ft
01/15/2025 01/15/25 For Rent $40,000 0.0% --
06/22/2020 06/22/20 Rented $40,000 +185.7% --
05/28/2020 05/28/20 For Rent $14,000 -65.0% --
08/07/2017 08/07/17 Rented $40,000 +33.3% --
04/19/2017 04/19/17 For Rent $30,000 -25.0% --
08/12/2015 08/12/15 Rented $40,000 0.0% --
08/12/2015 08/12/15 Under Contract -- -- --
04/07/2015 04/07/15 For Rent $40,000 0.0% --
01/25/2013 01/25/13 Sold $2,900,000 -1.9% $604 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
11/13/2012 11/13/12 For Sale $2,957,304 -- $616 / 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 $41,449 $3,571,132 $2,093,424 $1,477,708
2024 $41,449 $3,501,111 $2,052,377 $1,448,734
2023 $40,666 $3,432,463 $2,012,135 $1,420,328
2022 $40,146 $3,365,161 $1,972,682 $1,392,479
2021 $39,191 $3,299,178 $1,934,002 $1,365,176
2020 $38,969 $3,265,350 $1,914,172 $1,351,178
2019 $38,432 $3,201,325 $1,876,640 $1,324,685
2018 $36,283 $3,138,555 $1,839,844 $1,298,711
2016 $34,944 $3,016,683 $1,768,401 $1,248,282
2015 $34,476 $2,971,370 $1,741,838 $1,229,532
2014 $33,968 $2,913,166 $1,707,718 $1,205,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-483559

The MLS

APN: 4468-004-024