$3,950,000
$300K PRICE DROP

Estimated payment $25,965/month

Total Views 6,941
3 Beds
2.5 Baths
2,100 Sq Ft
$1,881 Price per Sq Ft

Highlights

  • Ocean View
  • Living Room with Fireplace
  • Breakfast Bar
  • Malibu Elementary School Rated A
  • Walk-In Closet
  • Open Patio

About This Home

Malibu pied-a-terre with ocean views and deeded beach rights to Lechuza Beach! Situated on the beachside of Broad Beach, this thoughtfully designed contemporary villa captures the elegance of a European coastal escape with the ease of modern California living. The property includes coveted access to Lechuza Beach, one of Malibu's most exclusive and serene stretches of sand. A light-filled entry framed by floor-to-ceiling windows and skylights leads into a sun-soaked interior with ceramic tile floors and soaring ceilings. The main level features a dining area and a quaint kitchen equipped with stainless steel appliances, bar seating, built-in cabinetry, and a pass-through window for effortless indoor-outdoor entertaining. Accordion doors open to a fully enclosed backyard surrounded by tall privacy hedges, featuring a spacious deck, grassy lawn, multiple seating areas, and mature landscaping that add natural charm and character. Just off the main-level, a step-down living area offers a cozy retreat with a stone fireplace and direct access to a small deck and the backyard. Upstairs, the primary suite feels like an escape to the Italian coast, complete with a stone fireplace, peaceful ocean views, and a private balcony with the soft sound of crashing waves in the distance. The spa-like bathroom features dual vanities, a soaking tub, a large dual-head shower that gazes out to the Pacific, and a generous walk-in closet. Two additional guest bedrooms offer comfort and versatility, with a shared bathroom and balcony. There is also a two-car garage and driveway parking for two more cars. Just moments to Trancas Country Market and steps from a private gate to Lechuza Beach, this is refined Malibu living at its finest! The property can be sold with the neighboring lot currently listed at 31826 Broad Beach Road (APN: 4470-025-042) offering a rare opportunity for potential expansion in one of Malibu's most desirable neighborhoods.

Listing Agent

Russell Grether

Compass License #01836632 Listed on: 05/19/2025

Compass

Co-Listing Agent

Nikki Hutcheson

Compass License #02121282

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,445

Year Built

  • Built in 1978

Lot Details

  • 4,616 Sq Ft Lot
  • Property is zoned LCR1*

HOA Fees

  • $529 Monthly HOA Fees

Property Views

  • Ocean
  • Mountain

Home Design

  • Villa

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4470-025-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,445

Year Built

Built in 1978

Lot Details

0

HOA Fees

$529 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Villa
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2100
  • Lot Acreage: 0.1060
  • Stories: 2
  • Year Built: 1978
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Primary Bedroom
  • Flooring: Tile, Vinyl
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1880.95

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Mountains, Ocean
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Driveway, Garage Is Attached
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Quarterly
  • HOA Fees: 1587.50
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4470-025-012
  • Lot Size Area: 4616

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $43,445 $3,528,516 $2,822,813 $705,703
2023 $42,564 $3,459,330 $2,767,464 $691,866
2022 $42,132 $3,391,500 $2,713,200 $678,300
2021 $16,808 $1,211,110 $918,777 $292,333
2020 $16,756 $1,198,693 $909,357 $289,336
2019 $16,499 $1,175,190 $891,527 $283,663
2018 $15,791 $1,152,148 $874,047 $278,101
2016 $15,251 $1,107,410 $840,107 $267,303
2015 $15,084 $1,090,776 $827,488 $263,288
2014 $14,839 $1,069,410 $811,279 $258,131
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Price Changed $3,950,000 -7.1% $1,881 / Sq Ft
05/15/2025 05/15/25 For Sale $4,250,000 +27.8% $2,024 / Sq Ft
03/10/2021 03/10/21 Sold $3,325,000 -1.5% $1,583 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/01/2021 01/01/21 For Sale $3,375,000 0.0% $1,607 / Sq Ft
06/01/2012 06/01/12 Rented $7,500 0.0% --
06/01/2012 06/01/12 Under Contract -- -- --
02/20/2012 02/20/12 For Rent $7,500 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Grant Deed $3,325,000 Priority Title Camarillo
Grant Deed -- Ticor Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $870,000 Equity Title
Grant Deed $472,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,493,750 New Conventional
Previous Owner $2,159,760 New Conventional
Previous Owner $1,837,000 New Conventional
Previous Owner $400,000 Credit Line Revolving
Previous Owner $1,837,000 Unknown
Previous Owner $1,803,750 Unknown
Previous Owner $750,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $701,000 Unknown
Previous Owner $180,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $696,000 No Value Available
Previous Owner $354,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25536933

The MLS

APN: 4470-025-012