ViewCity Lights, Other, Canyon, Mountain(s), Ocean, Panoramic, Creek/Stream, Trees/Woods, Water
Private PoolYes
MLS #23241811
Lot Size40.23 Acres
StatusAccepting Backup Offers (Active Under Contract)
About 5524 Murphy Way
For the first time ever on the market is this original legacy Malibu rancho. The final piece of property in the Murphy Way namesake legacy of Dudley Murphy, this offering is 3 tax parcels totaling approximately 40 Acres in the sought after Winding Way neighborhood. Only minutes to PCH there are unobstructed views of Santa Monica Bay, Catalina Island and beyond. In addition to the original fire damaged home and whimsical artistic structures on site there are several developable areas that are secluded and tranquil. Improve or re-imagine your own private rancho. **Do not go direct appointment only no access without Agent
Property Details
Property Features
Property Information:
Year Built: 2002
Stories: 0
Living Area: 1,300 SqFt
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (310) 457-6550
Listing Agent: Brian Merrick
Interior Features
Interior Information:
Interior: Block Walls
Fireplace: Living Room
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: Yes
View: City Lights, Other, Canyon, Mountain(s), Ocean, Panoramic, Creek/Stream, Trees/Woods, Water
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot: Secluded
Lot Size: 40.23 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
School Info
Assigned Schools Information:
Malibu High School, Public District Grades 6-12
Webster Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: PCH to Winding Way to Murphy Way
Price Information
Listing Price Info
Price Summary:
List Price: $3,000,000
Price Per SqFt: $2,308/SqFt
Tax Information:
Annual Amount: $4,029
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 $385K less than the Median Sold Price and $948/SqFt more than other homes in Malibu, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #23241811
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (310) 457-6550
Listing Agent: Brian Merrick
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: 4/19/2024, 2:20:32 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
$4,029
$308,855
2020
$3,888
$305,689
2019
$4,454
$299,696
2018
$4,438
$355,213
2017
$4,438
$348,249
History based on county public records data.
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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.
Elementary School
9
/10
Webster Elementary School
3602 Winter Canyon Rd
Distance between this listing and this school5.16 miles
Public District Grades KG-5
High School
9
/10
Malibu High School
30215 Morning View Dr
Distance between this listing and this school2.63 miles
Public District Grades 6-12
Assigned Schools
9
/10
Webster Elementary School
3602 Winter Canyon Rd
Distance between this listing and this school5.16 miles
Public District Grades KG-5
Nearby Schools
6
/10
Point Dume Elementary School
6955 Fernhill Dr
Distance between this listing and this school2.33 miles
Public District Grades KG-5
8
/10
White Oak Elementary School
31761 Village School Rd
Distance between this listing and this school7.02 miles
Public District Grades KG-5
Nearby Schools
7
/10
Lindero Canyon Middle School
5844 Larboard Ln
Distance between this listing and this school7.78 miles
Public District Grades 6-8
9
/10
Arthur E. Wright Middle School
4029 Las Virgenes Rd
Distance between this listing and this school7.86 miles
Public District Grades 6-8
9
/10
Medea Creek Middle School
1002 Doubletree Rd
Distance between this listing and this school9.66 miles
Public District Grades 6-8
Assigned Schools
9
/10
Malibu High School
30215 Morning View Dr
Distance between this listing and this school2.63 miles
Public District Grades 6-12
Nearby Schools
8
/10
Agoura High School
28545 Driver Ave
Distance between this listing and this school7.65 miles
Public District Grades 9-12
6
/10
River Oaks Academy
880 Hampshire Rd
Distance between this listing and this school7.96 miles
The neighbors living near this home have an average income of $151,293. The most common annual income of people living in Malibu, CA is $200k+. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Malibu, CA
Types of housing 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.
What is it like to live in Malibu, CA?
Malibu is quiet, as the streets are generally quite calm.
Is it easy to get around Malibu, CA without a car?
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.
Transportation in Malibu, CA.
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 5524 Murphy Way
What is the listing price of this property?
The listing price of 5524 Murphy Way property is $3,000,000.
What type of property is this?
The property 5524 Murphy Way is a house located in Malibu, California, 90265.
Is this property for sale now?
Accepting Backup Offers: 5524 Murphy Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 5524 Murphy Way are: Webster Elementary School: GreatSchools Rating 9/10Malibu High School: GreatSchools Rating 9/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,029 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 5524 Murphy Way has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 5524 Murphy Way is 1,300 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5524 Murphy Way is 2002.
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This home is located at 5524 Murphy Way in Malibu, CA and zip code 90265. This 1,300 square foot home, which was built in 2002, sits on a 40.23 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 15, 2023 and is currently priced at $3,000,000.
Over 3 listings were sold over their listed price in March 2024 in Malibu, CA. In the same period over 11 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Malibu, CA increased by 13.5% between February 2024 and March 2024. In March 2024, listings were on the market for 93 days. During the same period, the median list price in this real estate market was $3,385,000.
From Rocket Homes Real Estate and based on county public records data.
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. 
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