NOT LISTED FOR SALE

21808 Pacific Coast Hwy Malibu, CA 90265

Carbon Beach Neighborhood

Estimated Value: $5,093,000 - $40,687,512

6 Beds
10 Baths
9,508 Sq Ft
$2,407/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $40,000,000 $4,207 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $167,747/month

74 Days on Market

Highlights

  • White Water Ocean Views
  • Wine Cellar
  • Heated Lap Pool
  • Webster Elementary School Rated A
  • Home Theater
  • 0.49 Acre Lot

About This Home

As of January 2022

Situated on Malibu's famed "Billionaire's Beach", this ultra-private estate offers 150 feet of frontage on one of the most sought-after locations on the Southern California coast. The estate encompasses half an acre, featuring unparalleled architecture with every detail thought out. Elegant interiors include Aremberg hardwood floors, gourmet kitchen, formal dining, and floor to ceiling glass doors that seamlessly flow onto the 3,800 sq. ft. oceanfront deck. Offering incomparable 180-degree ocean views that stretch along the entire Santa Monica Bay from Point Dume to Palos Verdes, this expansive deck features an oversized lap pool, outdoor kitchen, and large grassy lawn. Upstairs features 5 ensuite bedrooms, plus the primary suite with two grand fireplaces, stunning ocean-view terrace, walk-in dressing rooms, and spa-style bath with soaking tub and marble shower. This home is the pinnacle of luxury including a state of the art media room, library with an aquarium accent wall, wine cella

Last Listed By

Cooper Mount

Carolwood Estates License #01956287 Listed on: 10/25/2021

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $482,776

Year Built

  • Built in 2005

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 127x185
  • Property is zoned LCR19000*

Parking

  • 3 Parking Spaces

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 9,508 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Library
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 10 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Alarm System

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Covered patio or porch
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Water Purifier
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4451-004-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$482,776

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Living Area: 9508
  • Lot Acreage: 0.4880
  • Lot Dimensions: 127x185
  • Stories: 2
  • Year Built: 2005
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Mixed
  • Bedrooms: 6
  • Full Bathroom: 10
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 10.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Intercom, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer, Water Filter
  • Price Per S Q F T: 5258.20

Exterior Features

  • Other Structures: None
  • Pool Description: Heated, Lap Pool, Private
  • Pool: Yes
  • Spa: Indoor
  • Spa Yn: Yes
  • View: City, City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4451-004-024
  • Geocode Override: No
  • Lot Size Area: 21244

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Dec 31, 2021
Sold by
Shulman Vadim
Bought by
T0x Living Carbon Beach Llc
Seller's Agent
Cooper Mount
Carolwood Estates
Buyer's Agent
Branden Williams
The Beverly Hills Estates
List Price
$49,995,000
Sold Price
$40,000,000
Premium/Discount to List
-$9,995,000
-19.99%
Total Days on Market
74
Current Estimated Value
$22,890,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,109,744
Avg. Annual Appreciation
-14.86%

Purchase Details

Listed on
Jul 26, 2013
Closed on
Aug 4, 2014
Sold by
Chadwick William J and Chadwick Trut Dated William J
Bought by
Shulman Vadim
Seller's Agent
Sally Forster Jones
Compass
Buyer's Agent
Vadim Gurman
List Price
$29,995,000
Sold Price
$25,000,000
Premium/Discount to List
-$4,995,000
-16.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$12,500,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 4, 2002
Sold by
Pepperdine University
Bought by
Chadwick William J and William J Chadwick Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.87%
Mortgage Type
Unknown

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
T0x Living Carbon Beach Llc $40,000,000 Equity Title Company
Shulman Vadim -- Stewart Title
Chadwick William J -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shulman Vadim $12,825,000
Previous Owner Shulman Vadim $12,500,000
Previous Owner Chadwick William J $2,000,000
Previous Owner Chadwick William J $1,500,000
Previous Owner Chadwick William J $7,000,000
Previous Owner Chadwick William J $5,000,000
Previous Owner Chadwick William J $6,600,000
Previous Owner Chadwick William J $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $40,000,000 -20.0% $4,207 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
10/25/2021 10/25/21 For Sale $49,995,000 +100.0% $5,258 / Sq Ft
10/03/2014 10/03/14 Sold $25,000,000 -16.7% $2,629 / Sq Ft
09/16/2014 09/16/14 Pending -- -- --
07/26/2013 07/26/13 For Sale $29,995,000 -- $3,155 / 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 $482,776 $41,616,000 $36,414,000 $5,202,000
2023 $474,225 $40,800,000 $35,700,000 $5,100,000
2022 $333,951 $28,313,263 $21,518,082 $6,795,181
2021 $326,362 $27,758,102 $21,096,159 $6,661,943
2019 $320,133 $26,934,783 $20,470,436 $6,464,347
2018 $304,571 $26,406,651 $20,069,055 $6,337,596
2016 $294,016 $25,381,250 $19,289,750 $6,091,500
2015 $291,150 $25,000,000 $19,000,000 $6,000,000
2014 $118,558 $9,732,409 $2,932,154 $6,800,255
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Malibu, CA

  • 23917 Malibu Rd, Malibu, CA 90265

    $29,800,000

    • 5 Beds
    • 10 Baths
    • 8,200 Sq Ft
    • 23917 Malibu Rd
    • Malibu, CA

    New Construction in Malibu. Located in the private, gated enclave of Malibu Colony Estates, this stunning home offers breathtaking ocean views and contemporary design by renowned architect Douglas W. Burdge, AIA. One of just four homes in this prestigious community, it sits on approximately 1.3 acres with five bedrooms and ten bathrooms. A dramatic pivot entry door, framed by sculptural water

    Megan Mondavi Whitcomb Coldwell Banker Realty

    Section Image
  • 27405 Pacific Coast Hwy, Malibu, CA 90265

    $19,995,000

    • 7 Beds
    • 11 Baths
    • 12,359 Sq Ft
    • 27405 Pacific Coast Hwy
    • Malibu, CA

    Santorini meets Malibu in this custom masterpiece, blending Southern California's casual energy with the luxury of a five-star Greek resort. Behind two private gates, discover an immaculate property featuring lush palm and succulent landscaping, along with mature olive and fruit trees. Inside, craftsmanship and refined finishes surround you at every turn. The sun-drenched living area boasts

    Joshua Altman Douglas Elliman of California, Inc.

    Section Image
  • 11870 Ellice St, Malibu, CA 90265

    $29,800,000

    • 6 Beds
    • 11 Baths
    • 20,000 Sq Ft
    • 11870 Ellice St
    • Malibu, CA

    Behind impressive gates, this Unique Malibu Masterpiece is seating at the end of long driveway for ultimate privacy, boasting an impressive 95' tiled pool with panoramic, unobstructed views of the Pacific Ocean and white water. Built entirely with super reinforced concrete, steal and an exterior adorned in composite wood, travertine, and carved stone, this property is the epitome of luxury and

    Estel Hilton The Beverly Hills Estates

    Section Image

Source: The MLS

MLS Number: 21-798640

The MLS

APN: 4451-004-024