Striking James Bond-esque compound, artfully located on 20 acres of prime Malibu land overlooking the coastal landscape w/ convenient access to private aviation,blending architectural excellence w/the highest standards of engineering.An architectural feat incorporating sustainability w/pristine design.The main home feat. 5bd/6ba,media room,wine cellar,library,office & safe room.The exterior boasts an infinity pool, rooftop helipad, 5 car garage w/electric charging stations. The guest house features 2 bd/1ba w/kitchen living & dining rooms. Pool house feat a wet bar, outdoor kitchen w/wood fired oven, sundeck & outdoor shower.Possibilities of the compound have been designed to include a high-tech Industrial Multi-Use Shop w/Mezzanine for creative space, horse stable or 22 car garage. Platinum LEED certified & engineered to double the earthquake code,the property is self-powered by Lumos panels & lithium batteries, fully automated,stainless steel waterlines. Completed price:$34,000,000. **Take over current project w/plans for $22,000,000, subject to increased pricing as project moves along**
Property Details
Property Features
Listing Office:
Office Name: Compass
Office Phone: (310) 230-5478
Listing Agent: Sebastian Wolski
Exterior Features
Exterior Information:
Waterfront: Ocean Front
View: Island, Mountain(s), Ocean
Lot Features
Lot Information:
Lot: Sloped Down, Level
Lot Size: 20.00 Acres
Other
Directions Information:
Directions: West on PCH, Right on Deer Creek Rd toward Pacific View Dr2.6 mi,Merge onto Pacific View Dr (stay Right)1.4 mi, Sharp right onto Cotharin Rd Partial restricted usage road 1.0 mi, County road will turn into Private road (Currently Dirt Road)
Price Information
Listing Price Info
Price Summary:
List Price: $22,000,000
Tax Information:
Annual Amount: $8,063
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Malibu, CA.
This property is $18.5M more than the Median Sold Price in Malibu, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #23292037
Listing Office:
Office Name: Compass
Office Phone: (310) 230-5478
Listing Agent: Sebastian Wolski
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: 11/15/2024, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 14, 2006
Sep 14, 2006Home Sold
$600,000
Aug 05, 1996
Aug 05, 1996Home Sold
$150,000
Dec 31, 1991
Dec 31, 1991Home Sold
$585,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$8,063
$736,706
2020
$8,149
$729,152
2019
$7,846
$714,855
2018
$7,598
$706,481
2017
$7,598
$692,630
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$109.8K
Per Month
Principal & Interest
$109.8K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$66K
Powered By
Advertisement
NMLS#3030
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 school5.42 miles
Public District Grades KG-5
9
/10
Cypress Elementary School
4200 Kimber Dr
Distance between this listing and this school6.21 miles
Public District Grades KG-5
5
/10
Maple Elementary School
3501 Kimber Dr
Distance between this listing and this school6.48 miles
Public District Grades KG-5
Nearby Schools
9
/10
Sycamore Canyon School
4601 Via Rio
Distance between this listing and this school6.49 miles
Public District Grades KG-8
5
/10
Sequoia Middle School
2855 Borchard Rd
Distance between this listing and this school7.08 miles
Public District Grades 6-8
7
/10
Malibu Middle School
30237 Morning View Dr
Distance between this listing and this school8.66 miles
Public District Grades 6-8
Nearby Schools
8
/10
Newbury Park High School
456 N Reino Rd
Distance between this listing and this school7.24 miles
Public District Grades 9-12
8
/10
Malibu High School
30215 Morning View Dr
Distance between this listing and this school8.66 miles
Public District Grades 6-12
4
/10
Compass Charter Schools of San Diego
850 Hampshire Rd Ste P
Distance between this listing and this school9.17 miles
The neighbors living near this home have an average income of $151,587. Residents of Malibu, CA typically earn $200k+ each year. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 9950 Cotharin Rd
What is the listing price of this property?
The listing price of 9950 Cotharin Rd property is $22,000,000.
What type of property is this?
The property 9950 Cotharin Rd is land located in Malibu, California, 90265.
Is this property for sale now?
Active Listing: 9950 Cotharin 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 $8,063 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 14, 2006 for $600,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 9950 Cotharin Rd in Malibu, CA and zip code 90265. This home sits on a 20.00 acre lot. It has been listed on Rocket Homes since July 19, 2023 and is currently priced at $22,000,000.
In October 2024, from all listings sold in Malibu, CA there were more than 2 sold above asking price, over 6 sold below and more than 3 were sold right at the asked price. Between September 2024 and October 2024, Malibu, CA real estate market has seen increase in the number of listings by 9.8%. Listings spent 98 days on the market in October 2024, and had a median list price of $3,500,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.