Seller's Agent in 2024
Chris Cortazzo
Compass
(310) 457-3995
13 in this area
227 Total Sales
33332 Pacific Coast Hwy Malibu, CA 90265
Encinal Bluffs NeighborhoodEstimated Value: $3,946,000 - $6,995,000
3
Beds
3.5
Baths
1,465
Sq Ft
$4,031/Sq Ft
Est. Value
Highlights
- Beach Front
- White Water Ocean Views
- Attached Guest House
- Malibu Elementary School Rated A
- Property has ocean access
- 24-Hour Security
About This Home
As of January 2024Contemporary and spacious, this Western Malibu oceanfront home with generous use of glass, open layout, and sensational views. In addition to the primary residence on the upper level, there is a separate unit downstairs, both with beachfront entertaining areas as well as access to the private beach stairway. The upper level is designed around a huge living/dining/kitchen great room with soaring ceilings, wraparound windows, travertine floors, fireplace, ocean views, and an oceanfront deck just outside. Clerestory windows and a full-width greenhouse skylight bring additional illumination into the space. The ocean-view contemporary kitchen has granite countertops, bar seating, and ample storage, as well as a side door to the laundry room, powder room, and two-car garage, which are on the lower level. A half-flight up from the main space are two bedrooms, each with huge windows that face the ocean views as well as large side windows. The lower-level suite, accessed through a separate entry, is also very open, with a fireplace, dramatic views, and lots of light. A wall of glass opens from the main living/dining area to a large oceanfront patio with room for barbecues, dining, lounging, and whale watching. The bedroom is open to the main living area and views or can be closed for privacy. With its wonderful location, luminous interiors, and delightful entertaining spaces, this two-home residence is a rare Malibu treasure.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,085
Year Built
- Built in 1965
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 62x240
- Beach Front
- Property fronts a private road
- Gated Home
- Property is zoned LCRA1*
Parking
- 2 Car Garage
- Garage Door Opener
- Automatic Gate
Property Views
- White Water Ocean
- Coastline
- Panoramic
- City Lights
- Mountain
Home Design
- Modern Architecture
- Turnkey
Interior Spaces
- 2-Story Property
- Built-In Features
- High Ceiling
- Skylights
- Recessed Lighting
- Gas Fireplace
- Sliding Doors
- Living Room with Fireplace
- 2 Fireplaces
- Dining Area
Kitchen
- Breakfast Bar
- Self-Cleaning Convection Oven
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Stone
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Powder Room
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Alarm System
- Carbon Monoxide Detectors
- Fire Sprinkler System
Outdoor Features
- Property has ocean access
- Oceanside
- Living Room Balcony
- Deck
- Open Patio
Additional Homes
- Attached Guest House
- Fireplace in Guest House
Utilities
- Central Heating
- Property is located within a water district
- Tankless Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 4473-019-018
Community Details
Overview
- No Home Owners Association
Security
- 24-Hour Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2022
Closed on
Jan 11, 2024
Sold by
Blakely Malibu Llc
Bought by
Paul Rothbard Revocable Living Trust and Rothbard
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Carl Segal
KELLER WILLIAMS-LA QUINTA
List Price
$8,995,000
Sold Price
$7,000,000
Premium/Discount to List
-$1,995,000
-22.18%
Total Days on Market
568
Views
1239
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,094,165
Avg. Annual Appreciation
-12.81%
Original Mortgage
$5,600,000
Outstanding Balance
$5,309,750
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$596,085
Purchase Details
Closed on
Jul 25, 2014
Sold by
Blakely Christopher W
Bought by
Blakely Malibu Llc
Purchase Details
Closed on
Apr 13, 2012
Sold by
Blakely Christopher W and Blakely Bruce W
Bought by
Blakely Christopher W and Blakely Bruce W
Purchase Details
Closed on
Oct 10, 2008
Sold by
Blakely Betty Jane L
Bought by
Blakely Betty Jane and Betty Jane L Blakely Qualified Personal
Purchase Details
Closed on
Dec 11, 2007
Sold by
Blakely Betty Jane L and Blakely Family Trust
Bought by
Blakely Betty Jane L and Blakely Family Trust
Purchase Details
Closed on
Apr 8, 2003
Sold by
Stuppy Laurence J and Stuppy Family Trust
Bought by
Blakely William W
Purchase Details
Closed on
Dec 13, 2001
Sold by
Blakely Betty Jane and Henry H Lissner Jr Living Trus
Bought by
Blakely William W
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Paul Rothbard Revocable Living Trust | $7,000,000 | Provident Title Company | |
| Blakely Malibu Llc | -- | None Available | |
| Blakely Christopher W | -- | None Available | |
| Blakely Christopher W | -- | None Available | |
| Blakely Christopher W | -- | None Available | |
| Blakely Betty Jane | -- | None Available | |
| Blakely Betty Jane L | -- | None Available | |
| Blakely Betty Jane L | -- | None Available | |
| Blakely William W | -- | Provident Title Company | |
| Blakely William W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Paul Rothbard Revocable Living Trust | $5,600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/29/2024 01/29/24 | Sold | $7,000,000 | -12.4% | $4,778 / Sq Ft |
| 12/21/2023 12/21/23 | Pending | -- | -- | -- |
| 07/24/2023 07/24/23 | Price Changed | $7,995,000 | -5.9% | $5,457 / Sq Ft |
| 06/02/2023 06/02/23 | Price Changed | $8,500,000 | -5.5% | $5,802 / Sq Ft |
| 05/25/2023 05/25/23 | For Sale | $8,995,000 | 0.0% | $6,140 / Sq Ft |
| 05/09/2023 05/09/23 | Pending | -- | -- | -- |
| 02/14/2023 02/14/23 | Price Changed | $8,995,000 | -2.8% | $6,140 / Sq Ft |
| 10/14/2022 10/14/22 | Price Changed | $9,250,000 | -7.5% | $6,314 / Sq Ft |
| 06/01/2022 06/01/22 | For Sale | $10,000,000 | -- | $6,826 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $26,085 | $2,195,346 | $1,997,356 | $197,990 |
| 2023 | $25,458 | $2,152,301 | $1,958,193 | $194,108 |
| 2022 | $25,218 | $2,110,100 | $1,919,798 | $190,302 |
| 2021 | $24,620 | $2,068,726 | $1,882,155 | $186,571 |
| 2019 | $24,139 | $2,007,368 | $1,826,330 | $181,038 |
| 2018 | $22,878 | $1,968,009 | $1,790,520 | $177,489 |
| 2016 | $22,051 | $1,891,591 | $1,720,993 | $170,598 |
| 2015 | $21,754 | $1,863,179 | $1,695,143 | $168,036 |
| 2014 | $21,437 | $1,826,683 | $1,661,938 | $164,745 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Cortazzo
-
Carl Segal
C
Buyer's Agent in 2024
Carl Segal
KELLER WILLIAMS-LA QUINTA
(310) 482-2200
1 in this area
8 Total Sales
Map
Similar Homes in Malibu, CA
Source: The MLS
MLS Number: 22-162895
APN: 4473-019-018
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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