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Malibu Eastern Malibu
23950 MALIBU ROAD
$17,800,000
● House - Off Market

23950 MALIBU ROAD

Malibu, CA 90265
bedrooms
4 Beds
bathrooms
6 Baths
square feet
4,800 Ft²
$26,018,150
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Completely reimagined & rebuilt custom home built from the sand up. This three-level home is equipped with the highest quality finishes & no expense spared. Quality construction, fully integrated Crestron smart system, & remarkable ocean views from every level. The sophisticated light-infused open-plan layout includes apx. 4,800sf of living space, 1,300sf of ocean view decks, plus a 400sf sand level entry/deck, boat house, & storage. Main level living area flows seamlessly between family room, chef's kitchen, & living room opening onto an ocean view deck spanning the width of the house. On the lower level, a large exercise suite (or bedroom) opens onto another wide deck. The upper level, with very high ceilings, has two family bedrooms, an office/den, plus the spectacular master suite, with one fireplace inside & another outside on the private ocean view deck w/hot tub. With toes in the sand on one of Malibu's most desirable beaches & prime location, this is coastal living at its best.
Unit Size
4,800 Ft²
Days on Market
87 days
Land Size
0.18 acres
Price per sqft
$3,957
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953

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Last updated: 4 months ago (CLAW #20584318)

Price History

Date / Event Date Event Price
Aug 24, 2020 Sold
Sold
May 29, 2020 Listed by Compass $18,995,000
Listed by Compass
Mar 25, 2020 No longer available -
No longer available
Mar 9, 2020 Listed $20,000,000
Listed
Completely reimagined & rebuilt custom home built from the sand up. This three-level home is equipped with the highest quality finishes & no expense spared. Quality construction, fully integrated Crestron smart system, & remarkable ocean views from every level. The sophisticated light-infused open-plan layout includes apx. 4,800sf of living space, 1,300sf of ocean view decks, plus a 400sf sand level entry/deck, boat house, & storage. Main level living area flows seamlessly between family room, chef's kitchen, & living room opening onto an ocean view deck spanning the width of the house. On the lower level, a large exercise suite (or bedroom) opens onto another wide deck. The upper level, with very high ceilings, has two family bedrooms, an office/den, plus the spectacular master suite, with one fireplace inside & another outside on the private ocean view deck w/hot tub. With toes in the sand on one of Malibu's most desirable beaches & prime location, this is coastal living at its best. The manager has listed the unit size as 4800 square feet.
Oct 4, 2019 No longer available -
No longer available
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Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 15
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 7
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,737
  • Lot Size Depth Feet: 2,170
  • Lot Size Frontage Feet: 340
  • Total Building Area: 4,076
  • Building Area: 4,076
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,076
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RANCHO TOPANGA MALIBU SEQUIT
  • Land Acres: 0000000178
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LAND OF MATTHEW KELLER 1N THE RANCHO TOPANGA MAL1BU SEQU1T VAC ST ADJ ON NW AND LOT COM S 33 DEG 23 M1N E 4O FT AND S 56 DEG 37 M1N W 93.5O FT FROM ENGR STASEE ASSESSOR MAPBOOK FOR MISSING PORTIONS AND PART OF LOT 3

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 800504

Zoning

  • Zoning: LCR16000*

Geography

  • Assessors Map Reference: 113-F5
  • Parcel: 4458-008-003
  • Lot: 3
  • Municipality: WEST /MAL. BEACHES N.
  • Latitude: 34.0323
  • Longitude: -118.697

    Address

  • Full Address: 23950 Malibu Rd
  • Address - House Number: 23950
  • Address - Street Name: Malibu
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Malibu
  • Carrier Code: C002
  • 4-Digit Zip Code: 4606
  • Zip Code: 90265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,073,705
  • Tax Rate Code Area: 10-865

    Appraisal Valuation

  • Standard Deviation: 0.237
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 5,734,781
  • High Value: 7,094,174
  • Low Value: 4,375,388

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,519,120
  • Assessed Land Value: $16,646,400
  • Assessed Improvements Value: $1,872,720

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 14, 2020
  • Current Sale Recording Date: Aug 24, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20-0988298
  • Previous Sale Recording Date: Jul 17, 2014
  • Previous Sale Contract Date: Jul 15, 2014
  • Previous Sale Amount: $7,010,070
  • Previous Sale Document Type: 36

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Eastern Malibu


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Nearby Rentals

Unit for rent at 25366 Malibu Road, MALIBU, CA, 90265

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Unit for rent at 25218 Malibu Road, MALIBU, CA, 90265

$9,950 /mo

  • 2 Beds
  • 1 Bath
25218 Malibu Road, MALIBU, CA, 90265 Listing by Jeffrey Chertow
Unit for rent at 25216 Malibu Road, MALIBU, CA, 90265

$9,950 /mo

  • 2 Beds
  • 1 Bath
25216 Malibu Road, MALIBU, CA, 90265 Listing by Jeffrey Chertow


Frequently Asked Questions

When was property at 23950 Malibu Road built and last sold?
The property at 23950 Malibu Road was built in 1953 and last sold on Aug 14, 2020 for $17,800,000.
How much is this home worth?
The estimated value of the home located at 23950 Malibu Road is $18,721,473.
What are some comparable homes to 23950 Malibu Road?
There are currently no comparable homes to 23950 Malibu Road.