9 months on rocket

9950 Cotharin Rd, Malibu, CA, 90265

$22,000,000

20.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
WaterfrontOcean Front
ViewIsland, Mountain(s), Ocean
MLS #23292037
Lot Size20.00 Acres
StatusActive

About 9950 Cotharin Rd

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
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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

9950 Cotharin Rd vs Malibu

280 DAYS ON ROCKET

+187 Days

$22,000,000

+$18.6M More

KEY TAKEAWAY

This property is $18.6M 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

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: 4/24/2024, 8:25:23 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

Sep 14, 2006Home Sold
$600,000
Aug 05, 1996Home Sold
$150,000
Dec 31, 1991Home Sold
$585,000

Tax History

YEARPROP. TAXASSESSMENT
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

$109.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$66K

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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-87959
7
/10
  • Banyan Elementary School

  • 1120 Knollwood Dr

  • 5.43 miles

  • Public District Grades KG-5

school-card-donut-87960
8
/10
  • Cypress Elementary School

  • 4200 Kimber Dr

  • 6.22 miles

  • Public District Grades KG-5

school-card-donut-87961
6
/10
  • Maple Elementary School

  • 3501 Kimber Dr

  • 6.47 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. Most Malibu, CA residents have annual incomes $200k+. Most families are married, 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

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).

How much acreage is this property?

The property 9950 Cotharin Rd is 20.00 acres.
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Rocket HomesCaliforniaLos Angeles CountyMalibu902659950 Cotharin Rd

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 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. Between February 2024 and March 2024, Malibu, CA real estate market has seen increase in the number of listings by 13.5%. 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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