See Home Value
$7,650,000*
House - Off Market

5250 Horizon Dr

Malibu, CA 90265
bedrooms
5 Beds
bathrooms
5 Baths
square feet
5509 Sqft
$6,885,000 - $8,415,000
Reference Base Price*
0.00%
Since Dec 1, 2023
National-US
Primary Model
Sold Oct 16, 2023
$7,650,000
$4,972,500 by City National Bank
Mortgage Due Feb 01, 2054
Sold Sep 15, 2020
$2,000,000
$3,000,000 by Center Street Lending Viii Spe
Mortgage

About This Property

STOP the search! You've arrived. Brand new construction of this Malibu Park architectural masterpiece, spread over an impressive 1.6-acre lot, has just been completed. OBVIOUS: Drive to the top of the hill and into your private driveway, pick a parking forecourt, you have two to choose from! Enter through the huge oak pivot front door and you are greeted by panoramic ocean views showcasing Point Dume, Catalina Island and Zuma Beach. This level boasts an enormous white oak chef's kitchen with the obligatory Wolf & Sub-Zero appliances. The views only get better as you approach your dining room and out onto your adjacent wrap around deck, with alfresco dining area, outdoor kitchen and limestone clad fireplace. Back inside another fireplace sets the tone for the living room with Juliette balconies & view of the ocean & Santa Monica mountains. A beautiful en-suite bedroom with deck & a private office finish off the main level before leading you to a floating oak staircase down to the lower level. Downstairs two more bedrooms, each with exquisite en-suites dressed in Italian tile & Hansgrohe fixtures are found at the end of the wide-open hallway along with a large laundry with ample. Last, but not least, enter your 1,200 sq/ft primary suite with cedar clad ceiling, separate living room and more breathtaking panoramic ocean views. Did we mention the 500sq/ft closet reminiscent of one of Rodeo drive haute couture stores, boasting double islands, makeup station and mirrored glam room wall. Finally look upon the primary en-suite that is a true masterpiece, 12ft double vanity, incredible fully body jet shower stall bathed in Italian porcelain stone and a freestanding tub looking out to Point Dume. SEALS THE DEAL: The grounds are no less impressive; double garage & gym lead you across a graveled courtyard down secret garden steps to the poolside oasis with yet another outdoor kitchen, multiple sunbathing platforms and a resort style 48' x 22' pool and spa. And, if that's not enough, gaze upon a fully built in Airstream with two queen size beds, kitchenette and Ipe deck. Do not miss this truly magical Malibu Hills home.

The manager has listed the unit size as 5509 square feet.
Unit Size
5,509Ft²
Days on Market
-
Land Size
1.54 acres
Price per sqft
$1,389
Property Type
House
Property Taxes
-
HOA Dues
$100
Year Built
1961

Price History

Date / Event Date Event Price
Nov 18, 2023 No longer available -
No longer available
Nov 17, 2023 In contract -
In contract
Oct 18, 2023 No longer available -
No longer available
Oct 16, 2023 Sold $7,650,000
Sold
Jan 14, 2023 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: D
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 67,185
  • Lot Size Depth Feet: 4,200
  • Lot Size Frontage Feet: 1,600
  • Total Building Area: 4,325
  • Building Area: 4,325
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,325
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 17351
  • Land Acres: 1.542
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RECORD OF SURVEY AS PER BK 71 PG 28-29 OF R S LOT COM AT MOST N COR OF LOT 13 TH S 32 49'41 W 646.76 FT TH N 33 36' 40 W 191.14 FT TH S 51 49'28 W 226.90 SEE ASSESSOR MAPBOOK FOR MISSING PORTIONBEG PART OF LOT 13

Ownership

  • Current Owner : 5250 HORIZON DRIVE LLC
  • Previous Owner : HORIZON MALIBU LLC
  • Owner Before Previous Owner: 5250 HORIZON LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag Date: Nov 30, 2023

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 800411

Zoning

  • Zoning: LCRA1*

Geography

  • Assessors Map Reference: 111-F5
  • Parcel: 4469-005-011
  • Lot: 13
  • Municipality: WEST /POINT DUME
  • Latitude: 34.0373
  • Longitude: -118.828

    Address

  • Full Address: 5250 Horizon Dr
  • Address - House Number: 5250
  • Address - Street Name: Horizon
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Malibu
  • Carrier Code: C109
  • 4-Digit Zip Code: 3736
  • Zip Code: 90265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,276
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 10-853

    Appraisal Valuation

  • Standard Deviation: 0.1972
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 4,631,408
  • High Value: 5,544,939
  • Low Value: 3,717,877

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,972,500
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Feb 01, 2024
  • First Open Lien Mortgage Loan Amount: $4,972,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,712,522
  • Assessed Land Value: $1,712,413
  • Assessed Improvements Value: $109

    Sales

  • Current Sale Contract Date: Jan 06, 2023
  • Current Sale Recording Date: Oct 16, 2023
  • Current Sale Transaction ID: 11914419894
  • Current Sale Price: $7,650,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 703948
  • Previous Sale Recording Date: Sep 15, 2020
  • Previous Sale Contract Date: Sep 01, 2020
  • Previous Sale Amount: $2,000,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: CENTER STREET LENDING VIII SPE
  • Previous Mortgage Transaction Date: Sep 15, 2020
  • Previous Mortgage Loan Amount: $3,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

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

About Western Malibu


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Frequently Asked Questions

When was property at 5250 Horizon Drive built and last sold?
The property at 5250 Horizon Drive was built in 1961 and last sold on Jan 6, 2023 for $7,650,000.
How much is this home worth?
The estimated value of the home located at 5250 Horizon Drive is $7,726,500.
What are some comparable homes to 5250 Horizon Drive?
There are currently no comparable homes to 5250 Horizon Drive.

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