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$3,650,000   Price Analysis
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950 Latigo Canyon Rd
Malibu, CA 90265
3 bed 4 bath 2,200 SqFt ($1659/SqFt)
5.03 acre lot. Built 2022
Listed 2024-05-08, Taxes $10,722
Ⓧ USDA Ineligible
due to price & location

near Malibu

The property consists of two parcels

Totaling approximately 4.5 acres. The main house spans approximately 2, 200 sq. ft., excluding the designated attic and second structure. This home is new construction. The house boasts stunning 150 ocean views. The kitchen and main living room and the primary bedroom offer full on ocean views with access to a large ocean view patio. The property includes a larg open kitchen with quartz countertops and Porcelain floors enhance the interior. A media center with a drop-down screen and home theater surround sound is perfect for movie viewing or listening to music. The owne r's bedroom features retractable windows allowing opening to the patio on a attractive Southern California day. The owner's bath features a separate tub and shower. Two additional bedroom suites each come with 3/4 baths.

The attic currently serves as an office/music room. There is a large rooftop deck complete with an outdoor home theater for outdoor enjoyment. An additional half bath has been installed in the attic area. The 2-car garage is currently being utilized as a gym. The garage/gym area includes a built-in dry sauna and steam shower. The primary residence is newly constructed. Enjoy the attractive new pool with designated lap lane, built in spa and complete gourmet outdoor kitchen. The property features fenced gardens with multiple assorted fruit trees. There's even an enclosed outdoor riding ring for equestrian enthusiasts. The property is serviced by a private well equipped with state-of-the-art whole house reverse osmosis. Access is through a private remote-controlled gated entry. The property is equipped with smart home technology and includes an extensive wireless state of the art whole house and outdoor sound system. The second parcel may allow for additional construction or the creation of a family compound. On the grid power is supplemented with owned solar power system.


Presented by Marcus Beck at
Sotheby's International Realty - Malibu Brokerage.
Listing Agent Photo

Property MLS #24-388433 from TheMLSCLAW

Bedrooms: 3
Bedroom 1 Features: All Bedrooms Down, Dressing Area, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite

Total Bathrooms: 4
Full Bathrooms: 1
1/2 Bathrooms: 1
3/4 Bathrooms: 2
Bathroom 1 Features: Shower and Tub

Open Floor Plan
Pre-wired for high speed Data
Pre-wired for surround sound
Recessed Lighting
Turnkey
Built-Ins
Storage Space
Furnished Description: Unfurnished
Flooring: Porcelain
Window Features: Double Pane Windows, Window Blinds, Custom Window Covering

Attic, Breakfast Bar, Center Hall, Dining Area, Entry, Family Room, Living Room, Master Bedroom, Patio Open, Powder, Gym, Projection, Sauna, Office
Family Room Description: 1

Laundry Facilities: Room
Laundry Features: Room

Gourmet Kitchen
Breakfast Room Description: Breakfast Counter / Bar, Dining Area
Kitchen Features: Gourmet Kitchen

Cooling Features: Air Conditioning
Heating Features: Central

Water Features: Well

Pool Features: Fenced, Heated And Filtered, In Ground, Pool Cover, Safety Fence, Private
Pool Private: Yes
Spa Features: Private, In Ground

Fencing: Chain Link
Other Structures: Accessory Bldgs
Patio And Porch Features: Covered Porch, Living Room Deck Attached, Patio Open, Roof Top Deck, Wrap Around Porch
Patio Features: Covered Porch, Living Room Deck Attached, Patio Open, Roof Top Deck, Wrap Around Porch

Covered Spaces: 2
Garage Spaces: 2
Garage Description: Attached, Door Opener, Direct Entrance, Driveway - Concrete, Garage - 2 Car, Garage Is Attached, Gated, Side By Side
Parking Total: 10

Lot Description: Fenced, Front Yard, Back Yard, Horse Property, Lot Shape-Irregular, Secluded, Fenced Yard, Street Asphalt, Horse Property Unimproved
Lot Size Acres: 5.0328054
Lot Size Source: Assessor
Lot Size Square Feet: 219229

View: Canyon, Mountains, Ocean, Catalina, Panoramic
Other Equipment: Alarm System, Built-Ins, Dishwasher, Range/Oven, Refrigerator, Satellite, Barbeque, Solar Panels
Security Features: Fire Sprinklers, Gated, Owned

Existing Lease Type: Fee

Association: No
Calculated Total Monthly Association Fees: 0

School District: Santa Monica-Malibu Unified School District

Lindero Canyon Middle School is a public middle school located approximately 5 miles away.
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Agoura High School is a public high school located approximately 5.5 miles away.
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Sumac Elementary School is a public elementary school located approximately 5.9 miles away.
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Mckinna Learning Center is a private elementary, middle and high school located approximately 2.5 miles away.
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Custom Built
Propane Tanks
Sprinkler System
Sauna Private
Source Listing Status: Active
County: Los Angeles
Directions: Kanan Dume Road to Latigo Canyon. Latigo Canyon to Castro Peak Motorway. NOTE - Property Address is 950 Latigo Canyon Road; however, access to the property is off of Castro Peak Motorway.
Source Property Type: Residential
Area: Malibu
Source Neighborhood: Malibu
Parcel Number: 4464-025-029
Postal Code Plus 4: 2714
Property Location: Canyon, Rural, Varied
Zoning: LCA11
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$107 + $924,122
$924,229
$10,722
2021$105 + $906,002
$906,107
$10,738
2020$104 + $896,713
$896,817
$10,531
2019$102 + $879,131
$879,233
$10,346
2018$430,946 + $861,894
$1,292,840
$14,975
2017$422,497 + $844,995
$1,267,492
$14,673
2016$414,213 + $828,427
$1,242,640
$14,212
2015$407,992 + $815,984
$1,223,976
$13,968
2014$400,000 + $800,000
$1,200,000
$13,805
2013$306,571 + $748,664
$1,055,235
$12,153
2012$300,560 + $733,985
$1,034,545
$11,990
2010$294,667 + $719,594
$1,014,261
$11,487
2009$293,160 + $715,913
$1,009,073
$11,266
2009$292,465 + $714,216
$1,006,681
$11,266
2008$287,412 + $701,876
$989,288
$10,992
2007$281,777 + $688,114
$969,891
$10,633

Listed 2024-05-08
$3,650,000
TheMLSCLAW
Sold 2013-09-30
$1,375,000
Public Record
Sold 1993-12-16
$88,000
Public Record
Sold 1990-02-23
$650,000
Public Record

Total Square Feet Living: 2200
Year Built: 2022
Common Walls: Detached/No Common Walls
Direction Faces: South
Entry Location: Ground Level - no steps
Levels: Two Level, Multi Levels
Living Area Source: Owner
Property Age: 2
Property Condition: New Construction
Levels or Stories: 2
Building Total Stories: 2
Structure Type: Detached
House Style: Contemporary
Year Built Source: Seller
Architectural Style: Contemporary

Sewer: Septic Tank
Television: TV Satellite Dish
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.