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$15,850,000

Beds
5
Baths
5.5
sq ft
8,800

11902 Ellice St, Malibu, CA 90265

11902 Ellice St

Malibu, CA 90265

  • 71 days on market
    • Price drop $600,000↓
Stylish design and modern elegance unite in this sexy, approximately 10,532 SF (under roof) Crestron single-story home, above one of Malibu's best surf breaks. The 1 acre, resort-style estate with 111' of bluff-top frontage has soaring ceilings, French oak wood and sea stone floors, and stone/wood finishes. The 5 bedrooms (plus gym) and 7.5 bath home offers a great room with white Italian floor-to-ceiling marble fireplace and pocket doors that marries indoor/outdoor living; gourmet island kitchen with second prep kitchen; and family/media area with pass-thru bar. Oval-shaped formal dining room, with refrigerator wine room. Sun-filled owner's suite with fireplace, approximately 1300 SF, corner pocket doors, Italian marble bath with glass tiled shower, Picasso tub, and vast closet. Second owner's suite, approximately 900 SF, and 135' screen theatre. Manicured grounds feature a 75'x25' zero-edge infinity pool/spa; gazebo and covered patio, each with fireplaces and TVs (823 SF total.) Approximately 7000 SF grass-lined concrete driveway and uncovered parking space accommodating more than ten cars and a three-car garage.

Details

Property type

Single Family Residence

Est. home value

$15,553,503

Lot size

1.0 acres

Price per sq ft

$1,802

Year built

2015

Monthly HOA fee

$545

Price History

11/15/2024
CLAW

CLAW #24438895

Price change
$15,850,000
-3.65%
09/12/2024
CLAW

CLAW #24438895

Listed
$16,450,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

First Republic Bank

Loan start date

March 2022

Original loan amount

$9,600,000

Est. remaining balance

Not provided

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

11902 Ellice Street 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: 11/22/2024 at 7:20 PM

Listing updated: 11/15/2024 at 2:05 PM

Listed by: Christopher Cortazzo, Compass Phone #: (310) 230-5744

MLS: CLAW #24438895

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