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$29,800,000

Beds
6
Baths
9.5
sq ft
20,000

11870 Ellice St, Malibu, CA 90265

11870 Ellice St

Malibu, CA 90265

  • 28 days on market
    • Open house Feb 26
Behind impressive gates, this Unique Malibu Masterpiece is seating at the end of long driveway for ultimate privacy, boasting an impressive 95' tiled pool with panoramic, unobstructed views of the Pacific Ocean and white water. Built entirely with super reinforced concrete, steal and an exterior adorned in composite wood, travertine, and carved stone, this property is the epitome of luxury and resistance, located in "Marisol" development community which offers one of the most elaborate fire prevention plan. Marvellous Resort style with an indonesian flair makes this property a dream like living experience. From hand carved Blue stone walls to handmade panelled wood work, back lit onyx, magical waterfalls, lush vegetation, koi pound, glass bridge and an impressive 2000 Gallons aquarium, every details has been meticulously curated from around the globe ! Automated floor-to-ceiling frameless glass pocket doors open on the sweeping views and ocean breeze. This home offers 6 BD, each with their own private outdoor terrace including a guest 1 bed/1 bath apartment including a kitchen with its own separate entrance. Additional amenities include Dolby Atmos home theater, game room, piano, 2 interior bars, a swim-up bar, sunk in lounge area with a firepit in the center of the pool. Two spacious 4-car garages with electric car charging and ample parking for guests. This is the perfect house to escape from the city, relax, and entertain. Conveniently located a few miles from OXR airport for those who prefer to fly private.

Details

Property type

Single Family Residence

Est. home value

$26,614,073

Lot size

1.0 acres

Price per sq ft

$1,490

Year built

2021

Monthly HOA fee

$83.33

Price History

01/27/2025
CLAW

CLAW #25487823

Listed
$29,800,000
-12.09%
01/25/2025
CLAW

CLAW #24364483

Removed
$33,900,000
08/30/2024
CLAW

CLAW #24364483

Price change
$33,900,000
-10.55%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$17,090,263
Asking price
$29,800,000
Closing costs (~8% of asking)
-$2,384,000
Est. remaining loan balance
-$10,325,737
Cash to seller
$17,090,263

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

February 2024

Original loan amount

$15,000,000

Est. remaining balance

$10,325,737

Interest rate

6.61%

Loan type

New Conventional, 3 year

Seller

Malibu Properties Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/23/2025 at 11:25 PM

Listing updated: 02/20/2025 at 9:30 AM

Listed by: Estel Hilton, The Beverly Hills Estates Phone #: (310) 626-4248

MLS: CLAW #25487823

CLAW logo

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