6 months on rocket

Sale Pending

12486 Yerba Buena Rd, Malibu, CA, 90265

$7,445,000

3 Bedrooms
4 Full Baths, 1 Partial
5,682 SqFt
$1,310/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport, Controlled Entrance, Covered, Carport, Direct Access, Driveway, Electric Gate, Garage, Guest, Gravel, Oversized, Private, RV Potential, RV Access/Parking, Workshop in Garage
Attached Garage14 spaces
Year Built2005
HeatingCentral
CoolingCentral Air
FireplaceLiving Room, Wood Burning, Recreation Room
ViewCanyon, Mountain(s)
MLS #23317389
Lot Size80.00 Acres
StatusSale Pending
(Pending)

About 12486 Yerba Buena Rd

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!

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 2
  • Living Area: 5,682 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 457-6550
  • Listing Agent: Karsten Demers

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Dryer, Washer
  • Flooring Type: Wood
  • Interior: Beamed Ceilings, Cathedral Ceiling(s), Elevator, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Two Story Ceilings, Dressing Area, Utility Room, Walk-In Pantry, Workshop
  • Fireplace: Living Room, Wood Burning, Recreation Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Canyon, Mountain(s)
  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 14 spaces
  • Attached Garage: Yes
  • Parking: Attached Carport, Controlled Entrance, Covered, Carport, Direct Access, Driveway, Electric Gate, Garage, Guest, Gravel, Oversized, Private, RV Potential, RV Access/Parking, Workshop in Garage

Lot Features

Lot Information:

  • Lot: Agricultural, Back Yard, Corners Marked, Front Yard, Lawn, Rectangular Lot, Secluded
  • Lot Size: 80.00 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: PCH - Turn up Yerba Buena Rd to address on the right side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,445,000
  • Price Per SqFt: $1,310/SqFt

Tax Information:

  • Annual Amount: $26,069
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Malibu, CA.

Med. Sold Price

$3.3M

Med. Price/SqFt

$1,359

Avg. Days On Market

93

# of Sold Homes

15

12486 Yerba Buena Rd vs Malibu

200 DAYS ON ROCKET

+107 Days

$7,445,000

+$4.0M More

$1,310/SqFt

-$50 Less

KEY TAKEAWAY

This property is $4.0M more than the Median Sold Price and $50/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: #23317389

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 457-6550
  • Listing Agent: Karsten Demers

IDX 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: 4/23/2024, 2:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$37.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$22.3K

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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.

Nearby Schools

school-card-donut-2156012
7
/10
  • Banyan Elementary School

  • 1120 Knollwood Dr

  • 3.98 miles

  • Public District Grades KG-5

school-card-donut-2156013
8
/10
  • Cypress Elementary School

  • 4200 Kimber Dr

  • 4.91 miles

  • Public District Grades KG-5

school-card-donut-2156014
6
/10
  • Maple Elementary School

  • 3501 Kimber Dr

  • 4.98 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $151,587. Residents of Malibu, CA typically earn $200k+ each year. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Malibu, CA

What type of housing is available in Malibu, CA?

Single detached homes are the predominant housing type, representing most dwellings in Malibu, but mobile homes are also present in the housing stock. This area is primarily composed of four or more bedroom and three bedroom homes. Roughly 80% of the population of this community own their home and 20% are renters. The average year of construction for dwellings in this part of Malibu is 1980.

Is Malibu, CA a good place to live?

Malibu is quiet, as the streets are generally quite calm.

Are things conveniently located in Malibu, CA?

Getting to one of around 10 grocery stores by walking is practical for some, but not all, property owners in Malibu. There are also a few opportunities for those who value restaurants in close proximity. With respect to education, high schools and primary schools are not plentiful in this part of the city, and thus not always within walking distance. Besides public schools, there are private elementary and secondary schools.

What does the transportation in Malibu, CA look like?

The car is very often the favored mode of transportation in this part of Malibu. It is very easy to find a place to park. In contrast, commuting by transit can be very hard in Malibu by reason of the infrequent service. Nonetheless, there are a few bus lines passing through the community, and bus stops are not especially far-removed from most properties. It is very difficult for pedestrians to navigate Malibu because carrying out daily needs is very impractical on foot.

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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 $7,445,000.

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?

Sale Pending: 12486 Yerba Buena Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

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.
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Rocket HomesCaliforniaLos Angeles CountyMalibu9026512486 Yerba Buena Rd

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 05, 2023 and is currently priced at $7,445,000.

In March 2024 more than 3 listings in Malibu, CA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 11 were sold below. The number of homes for sale in Malibu, CA increased by 13.5% between February 2024 and March 2024. The median list price of listings available in March 2024 was $3,385,000, while the average time on the real estate market was 93 days.

From Rocket Homes Real Estate and based on county public records data.

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