Malibu modern with great flow, huge ocean-view windows, courtyard, decks, vanishing doors, exquisite cabinetry. Living and dining rooms share two-sided fireplace, beamed ceilings, spectacular views. Kitchen has high-end appliances, ample work space, generous storage. Dining room opens to multi-level wood deck for dining, entertaining. This steps down to lounging deck with hot tub, then to sandy sitting area and gated path to beach. Home's main level has two en-suite bedrooms with courtyard views. Upper level has two more en-suite bedrooms, including gorgeous ocean-view owner's retreat, with wood floors, sitting area, custom closet, luxe bath, sleeping area with space for office and loads of built-in shelves and drawers. Floor-to-ceiling window and pocket doors open to private balcony with non-stop views. Above detached two-car garage is large en-suite guest studio. This is an exceptional residence of superb quality and impressive views in one of Malibu's most desirable locations.
Single-familyProperty Type
1975Year Built
0.3 acresLot Size
$4,827Est. Price/Sq.Ft.
2 car garageParking
Listed by Christopher Cortazzo•DRE #01190363• Compass
•310-579-5887 (agent)
•chris@chriscortazzo.com (agent)
Bought with Jamie Sher•DRE #01362370• The Sher Group
Source:TheMLS #19-528928
Redfin Estimate
$14,721,283
$2.4M since sold in February 2021$783K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 290.4% higher than the average sale price ($3.77M) of 6 comparable homes.
Malibu modern with great flow, huge ocean-view windows, courtyard, decks, vanishing doors, exquisite cabinetry. Living and dining rooms share two-sided fireplace, beamed ceilings, spectacular views. Kitchen has high-end appliances, ample work space, generous storage. Dining room opens to multi-level wood deck for dining, entertaining. This steps down to lounging deck with hot tub, then to sandy sitting area and gated path to beach. Home's main level has two en-suite bedrooms with courtyard views. Upper level has two more en-suite bedrooms, including gorgeous ocean-view owner's retreat, with wood floors, sitting area, custom closet, luxe bath, sleeping area with space for office and loads of built-in shelves and drawers. Floor-to-ceiling window and pocket doors open to private balcony with non-stop views. Above detached two-car garage is large en-suite guest studio. This is an exceptional residence of superb quality and impressive views in one of Malibu's most desirable locations.
SDMLS #301637930
Nov 9, 2019
Listing Removed
—
Sep 17, 2019
Listed
$8,995,000
$2,949/sq ft
Public Records
Jan 5, 2005
Sold
$7,000,000
$2,295/sq ft
Public Records
Jun 1, 1973
Sold
$200,000
$66/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$197,186 (+6.9%)
$10,663,038 + $2,665,812
$13,328,850
2024
$184,496 (+1.5%)
$10,663,038 + $2,665,812
$13,328,850
2023
$181,751 (+1.7%)
$10,453,959 + $2,613,542
$13,067,501
2022
$178,723 (+41.1%)
$10,248,980 + $2,562,297
$12,811,277
2021
$126,675 (+1.3%)
$10,048,020 + $2,512,056
$12,560,076
2020
$125,004 (−12.3%)
$6,648,168 + $1,662,042
$8,310,210
2019
$142,555 (+4.5%)
$6,580,000 + $1,645,000
$8,225,000
2018
$136,405 (+3.3%)
$6,997,588 + $2,691,391
$9,688,979
2017
$132,087 (+3.1%)
$6,725,864 + $2,586,882
$9,312,746
2016
$128,172 (+1.3%)
$6,725,864 + $2,586,882
$9,312,746
2015
$126,489 (+7.5%)
$6,593,985 + $2,536,159
$9,130,144
2014
$117,715 (−1.3%)
$6,367,712 + $2,449,131
$8,816,843
2012
$119,240 (+24.3%)
$6,338,934 + $2,438,063
$8,776,997
2011
$95,900 (+0.3%)
$6,214,642 + $2,390,258
$8,604,900
2010
$95,567 (+2.6%)
$6,092,787 + $2,343,391
$8,436,178
2009
$93,134 (+4.9%)
$6,047,252 + $2,325,878
$8,373,130
2008
$88,808
$6,061,619 + $2,331,404
$8,393,023
Tax history for 31042 Broad Beach Rd
Year
Property tax
Land + Additions
Assessment*
2025
$197,186 (+6.9%)
$10,663,038 + $2,665,812
$13,328,850
2024
$184,496 (+1.5%)
$10,663,038 + $2,665,812
$13,328,850
2023
$181,751 (+1.7%)
$10,453,959 + $2,613,542
$13,067,501
2022
$178,723 (+41.1%)
$10,248,980 + $2,562,297
$12,811,277
2021
$126,675 (+1.3%)
$10,048,020 + $2,512,056
$12,560,076
2020
$125,004 (−12.3%)
$6,648,168 + $1,662,042
$8,310,210
2019
$142,555 (+4.5%)
$6,580,000 + $1,645,000
$8,225,000
2018
$136,405 (+3.3%)
$6,997,588 + $2,691,391
$9,688,979
2017
$132,087 (+3.1%)
$6,725,864 + $2,586,882
$9,312,746
2016
$128,172 (+1.3%)
$6,725,864 + $2,586,882
$9,312,746
2015
$126,489 (+7.5%)
$6,593,985 + $2,536,159
$9,130,144
2014
$117,715 (−1.3%)
$6,367,712 + $2,449,131
$8,816,843
2012
$119,240 (+24.3%)
$6,338,934 + $2,438,063
$8,776,997
2011
$95,900 (+0.3%)
$6,214,642 + $2,390,258
$8,604,900
2010
$95,567 (+2.6%)
$6,092,787 + $2,343,391
$8,436,178
2009
$93,134 (+4.9%)
$6,047,252 + $2,325,878
$8,373,130
2008
$88,808
$6,061,619 + $2,331,404
$8,393,023
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
SFM
TRANCAS BEACH
Single Family Density Residential District
The SF district will serve the majority of the city’s single-family residential parcels. The intent of the district is to enhance the rural characteristics of the community by maintaining low density residential development in a manner which respects surrounding property owners and the natural environment.
Zone overlays
Permitted uses
Include but are not limited to:
Equestrian facility
Day care facility
Housing-Single unit
Housing-Senior
Housing-Mobile home park
Property details
Interior
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Central
Exterior
Property Information
Subdivision Name: 12314
Living Sq. Ft: 3,050
# of Units: 1
Legal Description: TRACT NO 12314 VAC ST ADJ ON NE AND THAT PART NE OF MEAN HIGH TIDE LINE OF PACIFIC OCEAN OF LOT 47
Lot Information
# of Buildings: 1
Land Sq. Ft: 12,938
Legal Lot Number: 47
Municipality Name: MALIBU TD #
Acres: 0.297
Depth Footage: 330
Front Footage: 40
Zoning Code: LCR110000*
County Use Description: SINGLE FAMILY RESID
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 5
Baths: 4.0
Sq. Ft.: 3,050
Stories: —
Parking Spaces: —
Basement: No
Accessible: No
Lot Size: 0.3 acres
Style: Single Family Residential
Year Built: 1975
Year Renovated: 2005
County: Los Angeles County
APN: 4470014018
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Feb 10, 2022
Around this home
Schools
Malibu Elementary
Public K-5 • Assigned • 3.1mi
7/10
Malibu Middle
Public 6-8 • Assigned • 1.4mi
7/10
Malibu High School
Public 9-12 • Assigned • 1.5mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
5/10 Fire Factor
6% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 85° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Malibu, CA • 90265
Average low and high temperatures (°F)
65
53
65
53
65
54
63
54
65
55
67
57
72
61
75
62
73
63
70
58
65
54
64
52
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 6.3 hours in December, placing it above the
U.S. average for solar exposure.
9.6 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$13.99M – $16.93M
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