NOT LISTED FOR SALE

20218 Pacific Coast Hwy Malibu, CA 90265

Big Rock Neighborhood

Estimated Value: $3,679,000 - $4,268,000

2 Beds
2.5 Baths
1,541 Sq Ft
$2,531/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $3,850,000 $2,498 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $25,615/month

62 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Gourmet Kitchen
  • Webster Elementary School Rated A
  • Oceanside
  • Open Floorplan

About This Home

As of September 2023

Enjoy the epitome of modern beach living in this stunning coastal retreat situated on a secluded sandy cove. Awe-inspiring panoramic ocean views from Queens Necklace in Santa Monica to Catalina to Point Dume. Experience a culinary haven in the sleek kitchen equipped with top-of-the-line Wolf and Sub-Zero appliances, a large center island, and gorgeous ocean views. Expansive Fleetwood sliding glass walls open to a large wraparound IPE deck where you can watch the whales and dolphins play. The exquisite master retreat boasts floor-to-ceiling glass and a luxurious master bath. Even your vehicle will be happy in the pristine 2-car garage! Wired for sound and high-speed fiber-optic internet, this home is great for both work and play. Fully-furnished and awaiting your arrival, this home is move-in ready - just pack your toothbrush! With a coveted location near Santa Monica and the heart of Malibu, you'll be in close proximity to renowned hotspots like Nobu, Soho House, and DreamLand, and there is ample street parking available as well. Don't miss out on the best beach deal in Malibu - schedule an in-person or virtual tour today and welcome home to Malibu beach living.

Last Listed By

Brian Goldberg

Pinnacle Estate Properties License #01900604 Listed on: 06/30/2023

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,130

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 2,916 Sq Ft Lot
  • Lot Dimensions are 33x90
  • Beach Front
  • South Facing Home
  • Property is zoned LCR303

Parking

  • 2 Car Garage
  • Guest Parking

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Modern Architecture
  • Turnkey
  • Pier And Beam
  • Stucco

Interior Spaces

  • 1,541 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Skylights in Kitchen
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Oven or Range
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Marble Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Oceanside
  • Balcony

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan
  • Property is located within a water district
  • Tankless Water Heater
  • Gas Water Heater
  • Water Purifier
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4450-003-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,130

Year Built

Built in 1958 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 1541
  • Lot Dimensions: 33x90
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1958
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Turnkey, Pre-wired for high speed Data, Pre-wired for surround sound, Storage Space, Built-Ins, Open Floor Plan, Detached/No Common Walls
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Appliances: Range, Gas, Built-In Gas
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Master Retreat, WalkInCloset, Main Floor Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Remodeled, Under Vanity Lighting, Powder Room
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Marble Counters, Skylight(s), Gourmet Kitchen, Island, Remodeled
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Freezer, Ice Maker, Network Wire, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer, Dryer, Microwave, Water Filter, Water Line to Refrigerator
  • Fireplace: Yes
  • Inclusions: Fully Furnished
  • Price Per S Q F T: 2498.38
  • Windows: Double Pane Windows, Skylights, Window Blinds

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: Balcony, Sliding Glass Doors
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Pier and Beam
  • Patio: Wood
  • Pool: No
  • Spa Yn: No
  • View: Ocean, Water, White Water, City Lights, Catalina, Panoramic, Coastline
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage Is Attached, Parking for Guests, Private Garage
  • Total Parking: 4

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Garage
  • Water Heater: Tankless, Gas
  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Zoned
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4450-003-013
  • Lot Location: Beach Front, Ocean Side Of Highway 1
  • Lot Size Area: 2916

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 0

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 31, 2023
Sold by
King Family Trust
Bought by
20218 Pacific Coast Highway Llc
Seller's Agent
Brian Goldberg
Pinnacle Estate Properties
Buyer's Agent
Samantha Nugent
Compass
List Price
$3,995,000
Sold Price
$3,850,000
Premium/Discount to List
-$145,000
-3.63%
Total Days on Market
62
Views
464
Current Estimated Value
$3,900,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,678
Avg. Annual Appreciation
1.15%

Purchase Details

Closed on
Mar 5, 2021
Sold by
King Vicki
Bought by
King Vicki Joy and King Robert Scott

Purchase Details

Listed on
Aug 24, 2020
Closed on
Sep 3, 2020
Sold by
Global View Llc
Bought by
King Vicki
Seller's Agent
Brian Goldberg
Pinnacle Estate Properties
Buyer's Agent
David Roshwald
D. Roshwald
List Price
$3,960,000
Sold Price
$3,725,000
Premium/Discount to List
-$235,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.15%
Original Mortgage
$2,000,000
Interest Rate
2.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 13, 2017
Closed on
Feb 9, 2018
Sold by
Zhang Idaho Aca
Bought by
Global View Llc
Seller's Agent
Jeff Chertow
Pinnacle Estate Properties
Buyer's Agent
Brian Goldberg
Pinnacle Estate Properties
List Price
$1,950,000
Sold Price
$1,879,500
Premium/Discount to List
-$70,500
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.48%
Original Mortgage
$225,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 13, 2017
Closed on
Dec 19, 2017
Sold by
Holt Nina M
Bought by
Zhang Idaho Aca and Chong Honglei
Seller's Agent
Jeff Chertow
Pinnacle Estate Properties
Buyer's Agent
Brian Goldberg
Pinnacle Estate Properties
List Price
$1,950,000
Sold Price
$1,879,500
Premium/Discount to List
-$70,500
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 1995
Sold by
Woods Motel Inc
Bought by
W H Properties

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
20218 Pacific Coast Highway Llc $3,850,000 Lawyers Title
King Vicki Joy -- None Available
King Vicki $3,725,000 Priority Title Company
Global View Llc -- Accomodation
Zhang Idaho Aca $1,879,500 Priority Title Company
W H Properties -- Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Vicki $2,000,000
Previous Owner Global View Llc $225,000
Previous Owner Zhang Idaho Aca $1,127,700
Previous Owner Holt Nina M $156,000
Previous Owner Holt Nina M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $3,850,000 0.0% $2,498 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/22/2023 08/22/23 Price Changed $3,850,000 -3.6% $2,498 / Sq Ft
06/30/2023 06/30/23 For Sale $3,995,000 +7.2% $2,592 / Sq Ft
10/27/2020 10/27/20 Sold $3,725,000 -5.9% $2,417 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $3,960,000 +110.7% $2,570 / Sq Ft
02/02/2018 02/02/18 Sold $1,879,500 -3.6% $1,569 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
11/13/2017 11/13/17 For Sale $1,950,000 -- $1,628 / 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
2024 $46,130 $3,850,000 $3,125,000 $725,000
2023 $24,771 $1,998,775 $1,284,361 $714,414
2022 $24,534 $3,799,500 $3,060,000 $739,500
2021 $44,694 $3,725,000 $3,000,000 $725,000
2020 $24,412 $1,955,952 $1,560,600 $395,352
2019 $24,067 $1,917,600 $1,530,000 $387,600
2018 $12,315 $950,683 $826,687 $123,996
2016 $11,840 $913,769 $794,587 $119,182
2015 $11,678 $900,044 $782,652 $117,392
2014 $11,523 $882,414 $767,321 $115,093
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 23-286323

The MLS

APN: 4450-003-013