NOT LISTED FOR SALE

Estimated Value: $5,995,000 - $9,777,804

8 Beds
8 Baths
10,000 Sq Ft
$789/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $10,000,000 $1,000 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $48,271/month

About This Home

As of October 2020

Introducing the iconic Malibu Dream Resort, a signature vineyard estate nestled atop its own secluded mountaintop. Spanning roughly 10,000 square feet, this grand residence echoes the lavishness of a classic Italian Villa, marrying timeless grandeur with the pinnacle of contemporary comfort. It offers unrivaled panoramic views of the Santa Monica mountains and the Pacific Ocean. Set within 45 untouched acres, and approximately 10 acres of flat land, the estate is approached via a private driveway, leading to the villa's grandeur. The interior boasts cathedral ceilings, polished hardwood floors, stone countertops, a professional-grade kitchen equipped with the latest appliances, and an additional prep kitchen. The master suite is a sanctuary of luxury with a spa-like bathroom, salon, and spacious walk-in closets for both. Accommodations include six plush guest suites, a media room, gym, and an expansive garage for eight vehicles. Outdoor living is redefined here with extensive stone terraces, a loggia with a fireplace and dining space, all extending to a spectacular pool and spa. This estate features the largest residential flat land in Malibu, enhanced by exquisite koi ponds, and offers views over Malibu's wine region and fruit orchards. The estate encompasses six individual parcels, showcasing its unmatched exclusivity. A dedicated house manager, with 25 years of service, resides in a separate guest house, ensuring meticulous upkeep. This estate is not only a magnificent residence but also presents an ideal opportunity for a retreat or treatment center, offering unparalleled privacy and luxury. For inquiries regarding short-term rental pricing and availability, please contact us. Discover the unique allure of this must-see Malibu estate.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2021
Sold by
Hillcrest Doheny Estates Llc
Bought by
Malibu Dream Resort Llc
Current Estimated Value
$7,886,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,663,173
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$3,223,229

Purchase Details

Closed on
Oct 28, 2021
Sold by
Hillcrest Doheny Estates Llc
Bought by
Hillcrest Doheny Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,663,173
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$3,223,229

Purchase Details

Closed on
Feb 24, 2021
Sold by
Malibu Dream Resort Llc
Bought by
Hillcrest Doheny Estates Llc

Purchase Details

Closed on
Dec 29, 2020
Sold by
Hillcrest Doheny Estates Llc
Bought by
Malibu Dream Resort Llc

Purchase Details

Listed on
Aug 29, 2020
Closed on
Oct 9, 2020
Sold by
Rotter Alvin and Rotter Barbara Tighe
Bought by
Hillcrest Doheny Estates Llc
Seller's Agent
John Snyder
Coldwell Banker Realty
Buyer's Agent
John Snyder
Coldwell Banker Realty
List Price
$12,995,000
Sold Price
$10,000,000
Premium/Discount to List
-$2,995,000
-23.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.14%
Original Mortgage
$4,250,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2018
Sold by
Dancy John
Bought by
Rotter Alvin and Rotter Barbara Tighe

Purchase Details

Closed on
Jan 15, 2018
Sold by
Dancy John
Bought by
Rotter Alvin and Rotter Barbara Tighe

Purchase Details

Closed on
Apr 19, 2016
Sold by
Rotter Barbara Tighe
Bought by
Alvin & Barbara Rotter Family Trust

Purchase Details

Closed on
Jun 10, 2004
Sold by
Rotter Alvin
Bought by
Rotter Barbara Tighe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 6, 1997
Sold by
Walder Gene
Bought by
Rotter Alvin and Rotter Barbara Tighe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.42%
Mortgage Type
Small Business Administration

Range of Values:

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Average Value
Not Available
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
Malibu Dream Resort Llc -- Orange Coast Title Company
Hillcrest Doheny Estates Llc -- Accommodation
Malibu Dream Resort Llc -- Accommodation
Hillcrest Doheny Estates Llc $8,000,000 Equity Title Company
Rotter Alvin -- None Available
Rotter Alvin -- None Available
Alvin & Barbara Rotter Family Trust -- None Available
Rotter Barbara Tighe -- Lawyers Title Company
Rotter Alvin $2,000,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malibu Dream Resort Llc $5,000,000
Previous Owner Hillcrest Doheny Estates Llc $4,250,000
Previous Owner Hillcrest Doheny Estates Llc $5,700,000
Previous Owner Rotter Barbara Tighe $1,555,000
Previous Owner Rotter Barbara Tighe $2,000,000
Previous Owner Rotter Alvin $2,000,000
Previous Owner Rotter Alvin $100,000
Previous Owner Rotter Alvin $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Rented $85,000 0.0% --
02/12/2024 02/12/24 For Rent $85,000 0.0% --
10/27/2020 10/27/20 Sold $10,000,000 -23.0% $1,065 / Sq Ft
08/29/2020 08/29/20 For Sale $12,995,000 -- $1,384 / Sq Ft

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
2024 $51,051 $4,244,832 $1,591,812 $2,653,020
2023 $63,632 $5,355,000 $2,703,000 $2,652,000
2022 $49,402 $4,080,000 $1,530,000 $2,550,000
2021 $48,312 $4,000,000 $1,500,000 $2,500,000
2020 $32,873 $2,701,077 $365,002 $2,336,075
2019 $31,145 $2,533,606 $357,846 $2,175,760
2018 $30,097 $2,596,193 $350,830 $2,245,363
2016 $28,928 $2,495,381 $337,207 $2,158,174
2015 $28,442 $2,457,899 $332,142 $2,125,757
2014 $28,171 $2,409,753 $325,636 $2,084,117
Source: Public Records

Agents Affiliated with this Home

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