MAJOR PRICE ADJUSTMENT OF NEARLY $1M W/UNBELIEVABLE VALUE!! Yellowstone in Malibu is the ultimate value for one of Malibu's most remarkable canyon estates with 2 parcels being sold together NOW totaling 80 acres!! This private 80 acre estate boasts amazing 360 degree views of the Boney ridge to the Channel Islands. Entering the property off of Yerba Buena up the 1,100 feet of blacktop along side the repurposed native stone walls you will be captivated by the approx. stunning 5,682 sqft main house which was thoughtfully crafted with attention to detail throughout. 35 ft high cathedral beamed ceilings soar above as you enter the large 3 bedroom 5 bath home. The kitchen is part of the open concept first floor with immaculate canyon views, high end Thermadore appliances, granite counter tops & travertine floors throughout. The living room has a gorgeous 2 sided sculpted fireplace with locally sourced native stones with gorgeous wood built in shelving's. Open concept living area flows into your own rec/game room perfect for entertaining and taking in the views with doors that lead out to the grass yard. Each of the 2 bedrooms downstairs are large rooms with walk in closets and en suite bathrooms. Either take the stairs, or the no ceiling glass elevator to the 2nd levels Primary suite with its own large balcony with stunning canyon views which open up to expansive park land beauty. His & hers private amenities in the bathroom while you can relax in your large soaking tub while taking in more of the beautiful canyon landscape. Detached garage/workshop approx. 3,000 sqft with bonus wood shop, 10,000 lb rotary car lift, air compressors, two 1,000 gallon propane tanks, 1-110 & 2-220 volt electrical amps, and plenty of storage for all the collectors! Additionally, there is a detached bonus structure/shooting range with covered outdoor seating and fire pit which is also a great area to camp and take in the stars! Orchard w/ mature fruit trees, multiple lookout points with seating, walking/riding trails throughout your property, underground utilities/irrigation/drainage complement the thought and immaculate design that went into creating this extraordinary estate. Contiguous 40 acre view parcel is an amazing development opportunity with its own water well, 2 water tanks, graded view pad, electrical and a paved road in place. In total there are 3 water wells, 8 water tanks between both properties. The estate is great for any outdoor/ranch enthusiast looking to explore the miles of trails and lookout points of the Boney Ridge & all Yerba Buena has to offer. Sandstone Peak is the highest point in the Santa Mountains which is only 1 mile up the road. Enjoy Surfing 10 mins down the canyon at County line beach, Camarillo airport is 30 mins from your front door. Be prepared to be wowed by the unbelievable craftsmanship this property has to offer. Don't miss the opportunity to own a true canyon masterpiece in Malibu!
This property is $3.0M more than the Median Sold Price and $138/SqFt less than other homes in Malibu, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24455651
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (310) 457-6550
Listing Agent: Karsten Demers
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 9:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$26,069
$2,375,404
2020
$26,347
$2,351,049
2019
$25,168
$2,304,951
2018
$24,373
$2,259,757
2017
$24,373
$2,215,449
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Banyan Elementary School
1120 Knollwood Dr
Distance between this listing and this school3.97 miles
Public District Grades KG-5
9
/10
Cypress Elementary School
4200 Kimber Dr
Distance between this listing and this school4.90 miles
Public District Grades KG-5
5
/10
Maple Elementary School
3501 Kimber Dr
Distance between this listing and this school4.99 miles
Public District Grades KG-5
Nearby Schools
9
/10
Sycamore Canyon School
4601 Via Rio
Distance between this listing and this school5.31 miles
Public District Grades KG-8
5
/10
Sequoia Middle School
2855 Borchard Rd
Distance between this listing and this school5.42 miles
Public District Grades 6-8
7
/10
Redwood Middle School
233 W Gainsborough Rd
Distance between this listing and this school7.37 miles
Public District Grades 6-8
Nearby Schools
8
/10
Newbury Park High School
456 N Reino Rd
Distance between this listing and this school5.76 miles
Public District Grades 9-12
4
/10
Compass Charter Schools of San Diego
850 Hampshire Rd Ste P
Distance between this listing and this school7.25 miles
Public Charter Grades KG-12
4
/10
Compass Charter Schools of los Angeles
850 Hampshire Rd Ste P
Distance between this listing and this school7.25 miles
The neighbors living near this home have an average income of $151,587. Residents of Malibu, CA typically earn $200k+ each year. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 12486 Yerba Buena Rd
What is the listing price of this property?
The listing price of 12486 Yerba Buena Rd property is $6,500,000.
What type of property is this?
The property 12486 Yerba Buena Rd is a house located in Malibu, California, 90265.
Is this property for sale now?
Active Listing: 12486 Yerba Buena Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $26,069 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 12486 Yerba Buena Rd has 3 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 12486 Yerba Buena Rd is 5,682 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 12486 Yerba Buena Rd is 2005.
Interested in 12486 Yerba Buena Rd? Let's connect.
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This home is located at 12486 Yerba Buena Rd in Malibu, CA and zip code 90265. This 5,682 square foot home, which was built in 2005, sits on a 80.00 acre lot. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $6,500,000.
In November 2024, from all listings sold in Malibu, CA there were more than 2 sold above asking price, over 13 sold below and more than 1 were sold right at the asked price. The number of homes for sale in Malibu, CA increased by 8.9% between October 2024 and November 2024. In November 2024, listings were on the market for 89 days. During the same period, the median list price in this real estate market was $3,500,000.
From Rocket Homes Real Estate and based on county public records data.