$3,332,000 - $5,673,000
RENTED NOV 1, 2024

21757 Castlewood Dr Malibu, CA 90265

Santa Monica Mountains Neighborhood
3 Beds
4 Baths
2,932 Sq Ft
$1,624 Price per Sq Ft

Last Sold December 24, 2019

Last sale price $4,200,000 $1,432 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $30,977/month

About This Home

As of December 2019

Welcome to The Power Plant by Ed Niles, FAIA: A true architectural marvel by renowned architect Ed Niles, masterfully blending glass, steel, and concrete. This extraordinary residence sits on nearly an acre of lushly landscaped grounds. Designed with precision, every room offers breathtaking, uninterrupted views of the Pacific Ocean, Catalina Island, the iconic Queen's Necklace, and the surrounding mountains.Inside, you'll find luxurious limestone floors throughout, a state-of-the-art Bulthaup kitchen, and custom Niles cabinetry. The contrast between the steel framework and the abundance of indoor greenery creates a warm and inviting atmosphere.The master suite impresses with its soaring ceilings, walk-in closet, cozy fireplace, and spa-like bathroom featuring a glass-enclosed shower, separate tub, and a mezzanine office with panoramic ocean views. A second suite in the main residence includes a wet bar and an ensuite bathroom, while a separate third bedroom/guest house below offers privacy with its own entrance.Entertainment and relaxation are key, with a private elevator providing seamless access to every level. The home is equipped with a SONOS sound system throughout, high-speed wireless internet, a 48-foot private pool, spa, outdoor lounge areas, and a gated motor court with a two-car garage. Access to Pacific Coast Highway is just a 5-minute drive via a private gated road.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2019
Closed on
Dec 20, 2019
Sold by
Moss Nicholas W and Moss Maria A
Bought by
Canepa Mortimer and The Bella Trust
Seller's Agent
Sandro Dazzan
The Agency
Buyer's Agent
Tyson Park
Berkshire Hathaway HomeServices California Properties
List Price
$4,995,000
Sold Price
$4,200,000
Premium/Discount to List
-$795,000
-15.92%
Current Estimated Value
$4,761,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,402
Avg. Annual Appreciation
4.61%

Purchase Details

Closed on
Mar 4, 2011
Sold by
Moss Nicholas W
Bought by
Moss Nicholas W and Moss Maria A

Purchase Details

Closed on
Jan 26, 2004
Sold by
Moss Maria
Bought by
Moss Nicholas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2003
Sold by
Demicco Pat
Bought by
Moss Nicholas W

Purchase Details

Closed on
Feb 18, 2003
Sold by
Mckay Heather M
Bought by
Mckay Heather M and Heather M Mckay Trust

Purchase Details

Closed on
May 22, 1997
Sold by
Brown John W Tr Tle Holding Trust No 1
Bought by
Mckay Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.58%
Mortgage Type
Construction

Range of Values:

Collateral Analytics

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ICE

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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
Canepa Mortimer $4,200,000 First American Title Company
Moss Nicholas W -- None Available
Moss Nicholas W -- Fidelity National Title Co
Moss Nicholas W $1,500,000 Fidelity National Title Co
Demicco Pat $1,500,000 Fidelity National Title Co
Mckay Heather M -- --
Mckay Heather -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bella Trust $900,000
Previous Owner Moss Nicholas W $649,000
Previous Owner Moss Nicholas W $729,500
Previous Owner Moss Nicholas W $1,000,000
Previous Owner Mckay Heather $950,000
Previous Owner Mckay Heather $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Rented $16,000 0.0% --
10/07/2024 10/07/24 For Rent $16,000 0.0% --
07/31/2023 07/31/23 Rented $16,000 0.0% --
06/05/2023 06/05/23 Under Contract -- -- --
06/02/2023 06/02/23 Price Changed $16,000 -20.0% $5 / Sq Ft
05/19/2023 05/19/23 For Rent $20,000 0.0% --
12/24/2019 12/24/19 Sold $4,200,000 -15.9% $1,432 / Sq Ft
09/28/2019 09/28/19 For Sale $4,995,000 +18.9% $1,704 / Sq Ft
09/27/2019 09/27/19 Off Market $4,200,000 -- --
07/03/2019 07/03/19 For Sale $4,995,000 -- $1,704 / 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 $52,821 $4,503,246 $3,216,605 $1,286,641
2023 $51,765 $4,414,948 $3,153,535 $1,261,413
2022 $51,187 $4,328,381 $3,091,701 $1,236,680
2021 $49,990 $4,243,512 $3,031,080 $1,212,432
2020 $49,642 $4,200,000 $3,000,000 $1,200,000
2019 $23,785 $1,955,563 $1,083,370 $872,193
2018 $22,541 $1,917,220 $1,062,128 $855,092
2016 $21,711 $1,842,774 $1,020,885 $821,889
2015 $21,421 $1,815,095 $1,005,551 $809,544
2014 $21,124 $1,779,541 $985,854 $793,687
Source: Public Records

Agents Affiliated with this Home

  • Shana Tavangarian

    Seller's Agent in 2024

    Shana Tavangarian

    Carolwood Estates

    (310) 740-4982

    39 Total Sales

    Shana Tavangarian
    Section Image

  • M

    Seller's Agent in 2023

    Mortimer Canepa

    Berkshire Hathaway HomeServices California Properties

    (310) 777-7510

    2 Total Sales

    Mortimer Canepa
    Section Image
  • Or Brodsky

    Buyer's Agent in 2023

    Or Brodsky

    Compass

    (805) 910-5269

    83 Total Sales

    Or Brodsky
    Section Image
  • Sandro Dazzan

    Seller's Agent in 2019

    Sandro Dazzan

    The Agency

    (310) 435-7556

    3 in this area

    103 Total Sales

    Sandro Dazzan
    Section Image
  • Irene Dazzan

    Seller Co-Listing Agent in 2019

    Irene Dazzan

    The Agency

    (310) 418-3777

    2 in this area

    60 Total Sales

    Irene Dazzan
    Section Image

  • T

    Buyer's Agent in 2019

    Tyson Park

    Berkshire Hathaway HomeServices California Properties

    (310) 456-4840

    Section Image
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Map

California Los Angeles County Malibu 90265 Santa Monica Mountains

21757 Castlewood Dr, Malibu, CA

Homes for Sale in Malibu, CA

This home is located at 21757 Castlewood Dr, Malibu, CA 90265 and is currently estimated at $4,761,402, approximately $1,623 per square foot. 21757 Castlewood Dr is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

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