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$12,995,000

Beds
5
Baths
7.0
sq ft
9,881

16258 Shadow Mountain Dr, Pacific Palisades, CA 90272

16258 Shadow Mountain Dr

Pacific Palisades, CA 90272

  • 81 days on market
    • Price drop $695,000↓
This timeless residence, nestled on an expansive ocean-view lot within the secure guard-gated community of Ridgeview Country Estates, showcases remarkable volume and meticulous craftsmanship. The grandeur of the home unfolds with a spacious, traditional floor plan, leading to an unforgettable two-story circular library that serves as a versatile space and seamlessly connects to the outdoor pool and grounds. A covered outdoor lounge, featuring a focal point fireplace with a built-in BBQ, offers panoramic views of the ocean, captivating sunsets, and rolling hills. The interior boasts rich walnut hardwood flooring, extending from the main living areas to a specially designed kitchen, which not only overlooks the ocean but also opens to a covered casual dining veranda. Upstairs, an extra-wide hallway leads to multiple generously proportioned bedroom suites. The primary suite is a sanctuary of luxury, encompassing various rooms for dressing, office, and a spa-like bath, all surrounding a beautifully appointed oval bedroom that gazes out over breathtaking ocean and vineyard vistas. The expansive side yard invites both sporting activities and grand-scale entertaining events. Descending the stairs down the hill reveals a citrus tree-lined pathway and a greenhouse, creating an ideal space for cultivating a variety of fruits and vegetables. This residence seamlessly blends traditional charm with modern luxury, offering a lifestyle of comfort and sophistication within the exclusive Ridgeview Country Estates.

Details

Property type

Single Family Residence

Est. home value

$14,621,148

Lot size

1.4997 acres

Price per sq ft

$1,316

Year built

1995

Monthly HOA fee

$1,000

Price History

05/06/2024
CLAW

CLAW #24378637

Price change
$12,995,000
-5.08%
04/10/2024
CLAW

CLAW #24344941

Removed
$13,690,000
04/10/2024
CLAW

CLAW #24378637

Listed
$13,690,000

Schools & Community

Neighborhood: 

Pacific Palisades

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

The Evergreen Advantage Llc

Loan start date

January 2024

Original loan amount

$11,800,000

Est. remaining balance

Not provided

Interest rate

7.44%

Loan type

Commercial

Seller

Hut Of Congo Bobe And Bobette 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: 07/01/2024 at 10:20 AM

Listing updated: 06/30/2024 at 11:23 AM

Listed by: Mark Douglas, Douglas Elliman Phone #: (310) 595-3888

MLS: CLAW #24378637

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