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$2,995,000

Beds
4
Baths
3.0
sq ft
2,564

18431 Kingsport Dr, Malibu, CA 90265

18431 Kingsport Dr

Malibu, CA 90265

  • 34 days on market
    • Open house Sep 22
18431 Kingsport Drive is the ultimate oasis, tucked into the hillside of south Malibu, offering an elevated coastal retreat with stunning ocean views just steps from the beach. From the moment you arrive, the front patio welcomes you with panoramic vistas, perfect for capturing the beauty of the coast. Inside, the main living room is bathed in natural light, thanks to floor-to-ceiling windows that frame breathtaking ocean views. The seamless flow from the living area into the dining room and kitchen creates a perfect setting for gathering and entertaining guests. The kitchen, fully equipped with stainless steel appliances, a breakfast bar, and even space for a breakfast table, opens to the backyard through glass double doors. A second living area also opens to the backyard, providing additional space for entertaining. The primary suite is truly breathtaking, with a view overlooking the Queen's Necklace and Santa Monica Pier, and it has a large private balcony. Two additional guest bedrooms and bathrooms complete the main house, with one of the bedrooms featuring a balcony that overlooks the lush backyard. A separate apartment, with its own private entrance, kitchenette, full bathroom, and bedroom, is perfect for generating extra income or can be used as an in-law suite. The private backyard is a relaxing escape, with lush landscaping, multiple tiers, a water feature, gardens, and plenty of spots to relax and enjoy the coastal breeze. The outdoor kitchen invites you to fire up the grill for an evening BBQ, with additional patio space for extra seating and even a jacuzzi, perfect for unwinding and relaxing. A wrap-around porch and a spiral staircase lead to the rooftop deck, where you can watch the sunset over the horizon and see Palos Verdes all the way to Malibu. This home in Mermaid's Cove offers the perfect blend of seclusion and convenience, just a 2-minute drive from the beach and within walking distance of The Getty Villa.

Details

Property type

Single Family Residence

Est. home value

$2,939,997

Lot size

7,288 sq ft

Price per sq ft

$1,169

Year built

1964

Monthly HOA fee

$10.42

Price History

09/18/2024
CLAW

CLAW #24427857

Listed
$2,995,000
09/12/2024
CLAW

CLAW #24427857

Pending
$2,995,000
08/15/2024
CLAW

CLAW #24427857

Listed
$2,995,000

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

Citibank West Fsb

Loan start date

December 2005

Original loan amount

$376,000

Est. remaining balance

Not provided

Interest rate

5.59%

Loan type

Credit Line (Revolving), 30 year

Seller

Linda Kaye

Lender

Wells Fargo Bank Na

Loan start date

December 2005

Original loan amount

$999,999

Est. remaining balance

Not provided

Interest rate

6.25%

Loan type

Not Provided, 30 year

Seller

Linda Kaye

Lender

Pff Bank & Trust

Loan start date

April 2002

Original loan amount

$585,000

Est. remaining balance

Not provided

Interest rate

5.87%

Loan type

Not Provided, 30 year

Seller

Linda Kaye

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?

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Status: Active

Tomo last checked: 09/18/2024 at 6:55 PM

Listing updated: 09/17/2024 at 5:59 PM

Listed by: Bjorn Farrugia, Carolwood Estates Phone #: (310) 623-3600

MLS: CLAW #24427857

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