UPDATED:
10/04/2024 11:48 AM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 8,795 sqft
Price per Sqft $2,245
MLS Listing ID SB24121344
Style Detached
Bedrooms 7
Full Baths 8
HOA Y/N No
Year Built 1992
Lot Size 0.258 Acres
Acres 0.2579
Property Description
MOTIVATED SELLER: A rare location and a jewel of a home located in the premiere location on the Western side of Broad Beach. Unobstructed ocean views with a deep beachfront to the waters edge. Nearly 8800SF on 4 levels with an elevator and multiple spacious oceanview outdoor decks. The private Infinity edge pool and spa with oceanviews nearly at beach level with privacy to boot THX Certified Theater room, 2500 Bottle World Class Wine Cellar with separate tasting room, Gym/recording studio. The spacious living room, dining area, & gourmet kitchen overlook the expansive deck w/ sliding glass doors that fold away to perfectly display the sand & coastline views. Walk into an exclusive master retreat w/ a separate sitting area, grand fireplace, & beautifully done master bath w/ floor-to-ceiling marble & dual showers. Let the sound of waves crashing on the beach below lull you to sleep in this ocean sanctuary. Ideal for entertaining. You will not find a setting as tranquil, dramatic, & stunningly beautiful as this Malibu masterpiece. An additional benefit to you is a tenant is renting the property for approximately 3.5 years providing you with substantial short term income which would qualify you to 1031 exchange into the property, or optionally the tenant would vacate in 10 to 12 months from close of escrow. The Seller is open to a creative deal structure such as a part trade part cash for your SFR or multifamily property, or possible seller financing.
Location
State CA
County Los Angeles
Area Malibu (90265)
Zoning LCR110000*
Interior
Cooling Central Forced Air
Flooring Wood
Fireplaces Type FP in Living Room
Laundry Inside
Exterior
Garage Garage
Garage Spaces 2.0
Pool Private
View Ocean
Total Parking Spaces 5
Building
Story 4
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories 3 Story
Others
Monthly Total Fees $1, 266
Acceptable Financing Cash, Conventional, Exchange, Seller May Carry
Listing Terms Cash, Conventional, Exchange, Seller May Carry
Special Listing Condition Standard
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Coronado Real Estate
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Coronado MLS