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Sold for $6,000,000
  • Listed by: Premiere Estates International Real Estate • Todd Wohl • 866-568-6638
    Bought with: Premiere Estates International Real Estate
    $6,000,000

    22003 Pacific Coast Hwy, Malibu, CA 90265

    0beds
    --baths
    100sqft
    Single Family Residence
    Built in 1980
    6.16 Acres Lot
    $-- Zestimate®
    $60,000/sqft
    $7,195 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $7,195/mo

    Zestimate® history
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    What's special

    Worldbid Auction- Bids due prior to or on November 17 noon. Pre Auction offers by November 7th. One of the last buildable unobstructed oceanview properties in Carbon Beach with 2 separate parcels and over 400 plus feet of flat ocean view frontage with views of the entire Santa Monica Bay, the Malibu Pier to Point Dume. Previously a single family residence which has been demolished. The driveway on PCH provides easy accessibility. The previous home’s foundation and pool is present. The two properties have a total of 7.6 acres and have conceptual designs for two houses perched on the upper flat pad and two guest houses on the private road up from PCH. The owners concept is to make a lot line adjustment for the two parcels allowing both to sit side by side on the flat upper pad (email broker for drawings/floor plan pdf) . The current conceptual design has plans for a 6,440 sq ft house and 990 sq ft guest house to the right when facing the ocean and a 4,251 sq ft main home and 990 sq ft guest house on the left (see additional documents for plans). Currently one parcel is accessed from PCH and the other has an easement to it from lower Carbon Canyon. This is one of the last opportunities in Malibu to build on of this size, flat land, close to PCH on the east end of Malibu with spectacular views of the entire Malibu coastline. The seller will provide the buyer a credit in the amount of $50,000 if the buyer submits their pre auction offer no later than NOVEMBER 7TH 2023 noon PT and the buyer’s offer is accepted by the seller and the buyer closes on the purchase of the property no later than NOVEMBER 7TH 2023 noon PT. The credit will be applied to the purchase price.

    Zillow last checked:

    Listing updated:

    Listed by:

    Todd Wohl DRE #01912556 866-568-6638,

    Premiere Estates International Real Estate

    Bought with:

    Todd Wohl, DRE #01912556

    Premiere Estates International Real Estate

    Source: CRMLS,MLS#: SB23190616MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    Rooms
    • Room types: Other
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 100 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: street
    • Has private pool: Yes
    • Pool features: Private
    • Has view: Yes
    • View description: Catalina, Coastline, Mountain(s), Ocean, Panoramic
    • Has water view: Yes
    • Water view: Coastline,Ocean
    • Waterfront features: Ocean Access
    Lot
    • Size: 6.16 Acres
    • Features: 0-1 Unit/Acre, Sloped Down, Lot Over 40000 Sqft
    Details
    • Additional parcels included: 4451,007,009
    • Parcel number: 4451007018
    • Zoning: LCR11*
    • Special conditions: Auction

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Slab
    Condition
    • Fixer
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Foothills, Fishing, Mountainous, Preserve/Public Land
    Location
    • Region: Malibu

    Financial & listing details

    • Price per square foot: $60,000/sqft
    • Tax assessed value: $4,993,920
    • Date on market: 10/12/2023
    • Cumulative days on market: 28 days
    • Listing terms: Cash

    Price history

    DateEventPrice
    11/30/2023Sold$6,000,000-29.4%$60,000/sqft
    Source: CRMLS #SB23190616 Report a problem
    3/9/2023Listing removed--
    Source: CLAW #22-160183 Report a problem
    1/10/2023Price change$8,500,000-10.5%$85,000/sqft
    Source: CLAW #22-160183 Report a problem
    11/22/2022Price change$9,500,000-13.6%$95,000/sqft
    Source: CLAW #22-160183 Report a problem
    10/14/2022Price change$11,000,000-8.3%$110,000/sqft
    Source: CLAW #22-160183 Report a problem
    5/24/2022Listed for sale$12,000,000+33.4%$120,000/sqft
    Source: CLAW #22-160183 Report a problem
    12/16/2018Listing removed$8,995,000$89,950/sqft
    Source: Hilton & Hyland #18388356 Report a problem
    9/20/2018Listed for sale$8,995,000+227.1%$89,950/sqft
    Source: Hilton & Hyland #18388356 Report a problem
    2/18/2011Listing removed$2,750,000$27,500/sqft
    Source: Coldwell Banker - Malibu West #10-455111 Report a problem
    2/2/2011Listed for sale$2,750,000+511.1%$27,500/sqft
    Source: Coldwell Banker - Malibu West #10-455111 Report a problem
    6/29/1995Sold$450,000$4,500/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $4,993,920 +2%
    2025$60,276 -1.8%$4,896,000 +2%
    2024$61,382 +226.1%$4,800,000 +345.1%
    2023$18,820 +38%$1,078,423 +2%
    2022$13,638 -20.3%$1,057,278 +2%
    2021$17,117 +16.5%$1,036,548 +1%
    2020$14,691 $1,025,920 +2%
    2019$14,691 +3.7%$1,005,804 +2%
    2018$14,162 $986,083 +2%
    2017$14,162 +17.4%$966,749 +2%
    2016$12,062 -24.6%$947,794 +1.5%
    2015$16,007 +40.6%$933,558 +2%
    2014$11,388 $915,271 +2.5%
    2012-- $893,270 +2%
    2011-- $875,755 +0.8%
    2010-- $869,210 -0.2%
    2009-- $871,275 +2%
    2008-- $854,192 +2%
    2007-- $837,444 +2%
    2006-- $821,024
    2005-- $821,024 +4%
    2004-- $789,144 +1.9%
    2003-- $774,681 +2%
    2002-- $759,492 +4%
    2000-- $730,000
    Find assessor info on the county website

    Neighborhood: 90265

    Nearby schools

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