Newmark Represents Buyer And The Agency RE Represents Seller In $17.45M Malibu SFR Sale

A single-family residence (SFR) in Malibu has been sold for $17,450,000. The property spans 4,699 square feet, resulting in a price per square foot of $3,713. The sale transaction took place on October 5, 2021.

Summary of transaction details:

• Property Type: Single-Family Residence
• Transaction Amount: $17,450,000
• Market: Malibu
• Square Footage: 4,699 sqft
• Price per Square Foot: $3,713

The buyer, represented by Steven Schaefer and Jay Luchs from Newmark, successfully acquired the property. On the other hand, Sandro Dazzan from The Agency RE acted as the seller's representative in this transaction.