$6,081,000 - $9,347,000
RENTED DEC 2, 2024
2 Beds
2 Baths
1,827 Sq Ft
$4,462 Price per Sq Ft

Last Sold April 14, 2016

Last sale price $9,210,000 $5,041 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $54,907/month

Highlights

  • White Water Ocean Views
  • Above Ground Spa
  • Marble Flooring
  • Malibu Elementary School Rated A
  • Bluff on Lot
  • Furnished

About This Home

As of December 2024

Nestled atop the highly sought-after Point Dume bluff, this renovated home boasts breathtaking panoramic views and **direct stairway access** to Westward Beach. Set on over an acre of private, gated land, this two-bedroom, two-bathroom residence features hardwood floors and stunning ocean views from nearly every room. The sun-drenched, open-concept living area includes a cozy rock fireplace, a spacious dining area, and a gourmet kitchen complete with island and new appliances. Expansive glass sliders open to a flagstone patio, a lounging gazebo, and an ocean-view hot tub, perfect for outdoor relaxation. The large owner's suite offers a luxurious en-suite bathroom with walk-in shower and a custom walk-in closet. Additionally, the property includes a two-car garage with ample guest parking. Conveniently located near schools, restaurants, markets, and scenic hiking trails, this home is a coastal dream.

Last Agent to Rent the Property

Eytan Levin

The Agency License #01324953 Listed on: 09/18/2024

The Agency

Last Renter's Agent

Eytan Levin

The Agency License #01324953 Listed on: 09/18/2024

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $123,293

Year Built

  • Built in 1957

Lot Details

  • 1.01 Acre Lot
  • Bluff on Lot
  • Property is zoned LCR220000*

Property Views

  • White Water Ocean
  • Coastline
  • Bluff

Interior Spaces

  • 1,827 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Great Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Above Ground Spa
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating

Listing and Financial Details

  • Security Deposit $29,800
  • Tenant pays for air cond/heat maint, cable TV
  • 12 Month Lease Term
  • Assessor Parcel Number 4468-019-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$123,293

Year Built

Built in 1957

Lot Details

0

Rental Info

  • Credit Report Required: Yes
  • Furnished: Furnished
  • Security Deposit: 29800
  • Tenant Pays: Air Cond/Heat Maint, Cable TV

Listing Details

  • Property Type: Residential Lease
  • Style: Ranch
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1-Year
  • Living Area: 1827
  • Lot Acreage: 1.0116
  • Stories: 1
  • Year Built: 1957
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Marble
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Freezer, Barbeque, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 6.57

Exterior Features

  • Pool: No
  • Spa: Above Ground
  • Spa Yn: Yes
  • View: Coastline, Bluff, Ocean, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway, Garage Is Attached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4468-019-005
  • Lot Location: Bluff Front
  • Lot Size Area: 44065

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2015
Closed on
Mar 17, 2016
Sold by
7247 Birdview Avenue Llc
Bought by
Westward Beach Partners Llc
Seller's Agent
Mike Gardner
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$11,995,000
Sold Price
$9,210,000
Premium/Discount to List
-$2,785,000
-23.22%
Current Estimated Value
$8,151,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,058,076
Avg. Annual Appreciation
-1.30%
Original Mortgage
$6,447,000
Outstanding Balance
$4,911,466
Interest Rate
2.4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,240,458

Purchase Details

Listed on
Jul 29, 2014
Closed on
Aug 28, 2014
Sold by
Mackintosh Simon Aeneas
Bought by
7247 Birdview Avenue Llc
Seller's Agent
Steven Durbin
Compass
Buyer's Agent
Mike Gardner
Compass
List Price
$7,950,000
Sold Price
$7,950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$4,770,000
Interest Rate
4.17%
Mortgage Type
New Conventional
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
Westward Beach Partners Llc $9,210,000 Title 365
7247 Birdview Avenue Llc $7,950,000 Title 365 Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westward Beach Partners Llc $6,447,000
Previous Owner 7247 Birdview Avenue Llc $4,770,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Rented $10,000 -16.7% --
12/01/2024 12/01/24 Under Contract -- -- --
10/22/2024 10/22/24 Price Changed $12,000 -19.5% $7 / Sq Ft
09/18/2024 09/18/24 For Rent $14,900 +16.9% --
11/21/2021 11/21/21 Rented $12,750 0.0% --
11/18/2021 11/18/21 Off Market $12,750 -- --
11/16/2021 11/16/21 For Rent $12,750 -14.4% --
06/09/2020 06/09/20 Rented $14,900 0.0% --
05/11/2020 05/11/20 For Rent $14,900 -9.7% --
03/13/2019 03/13/19 Rented $16,500 0.0% --
12/21/2018 12/21/18 For Rent $16,500 0.0% --
04/14/2016 04/14/16 Sold $9,210,000 -7.9% $5,041 / Sq Ft
01/21/2016 01/21/16 Pending -- -- --
12/27/2015 12/27/15 Price Changed $9,995,000 -11.1% $5,471 / Sq Ft
10/22/2015 10/22/15 Price Changed $11,245,000 -6.3% $6,155 / Sq Ft
08/03/2015 08/03/15 For Sale $11,995,000 +50.9% $6,565 / Sq Ft
09/05/2014 09/05/14 Sold $7,950,000 0.0% $4,351 / Sq Ft
08/11/2014 08/11/14 Pending -- -- --
07/29/2014 07/29/14 For Sale $7,950,000 -- $4,351 / 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 $123,293 $10,902,767 $8,722,217 $2,180,550
2024 $123,293 $10,688,989 $8,551,194 $2,137,795
2023 $121,036 $10,479,402 $8,383,524 $2,095,878
2022 $119,616 $10,273,925 $8,219,142 $2,054,783
2021 $116,853 $10,072,477 $8,057,983 $2,014,494
2019 $114,595 $9,773,724 $7,818,980 $1,954,744
2018 $108,811 $9,582,083 $7,665,667 $1,916,416
2016 $92,078 $8,071,237 $6,456,990 $1,614,247
2015 $90,842 $7,950,000 $6,360,000 $1,590,000
2014 -- $220,362 $143,982 $76,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-441401

The MLS

APN: 4468-019-005