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$7,950,000

Beds
3
Baths
2.5
sq ft
Unknown

199 Chautauqua Blvd, Pacific Palisades, CA 90272

199 Chautauqua Blvd

Pacific Palisades, CA 90272

  • 35 days on market
A home unlike any other.Perched on the cliffs above the Pacific Ocean, Case Study House #18 offers a view that is nothing short of extraordinary. The ocean stretches out along the horizon, framed by the ever changing sky, making every moment in this house feel like a privileged encounter with the sublime.At sunset, the sky turns in a palette of cotton candy oranges, pinks, and purples, flooding the home with a golden light. This is a house designed to make you pause, to make you reflect on the beauty of the natural world, and to reflect upon your relationship in it. You will feel a deep connection to the timeless forces of earth, sea, and sky.Designed by the revered Rodney Walker, Case Study House #18 epitomizes the daring creativity of its era. Walker's genius lies in his ability to merge minimalism with warmth, and perfect design with organic beauty. The house itself is a bold experiment in form and functiona glass-walled sanctuary that appears to float above its natural surroundings.Constructed in the principles of the case study movement, the house dissolves the boundary between the indoors, the outdoors and beyond. Its floor-to-ceiling windows frame the uninterrupted vistas of the Pacific Ocean, and detail of this home, from its cantilevered rooflines to its clean, horizontal lines, is carefully designed to enhance its connection and relationship to the outside world.This is a rare chance to own not just a house, but an icon. A special place that has withstood the test of time, one that indeed continues to inspire, and one that will undoubtedly be revered for generations to come.Case Study House #18 is more than a home; it is a statement. It is a rare opportunity to live in a space that is as much a living work of art as it is a sanctuary. With its unparalleled views, its undulating dialogue with its surroundings, and its role in the legacy of modernist architecture, this very special home offers an experience of living that is truly unmatched. Become a part of this legacy.

Details

Property type

Single Family Residence

Est. home value

$9,228,205

Lot size

0.5281 acres

Price per sq ft

Unknown

Year built

1948

HOA

No

Price History

10/17/2024
CLAW

CLAW #24454103

Listed
$7,950,000
-10.67%
07/09/2024
CLAW

CLAW #24364373

Removed
$8,900,000
03/04/2024
CLAW

CLAW #24364373

Listed
$8,900,000
+36.92%

Schools & Community

Neighborhood: 

Pacific Palisades

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$4,399,565
Asking price
$7,950,000
Closing costs (~8% of asking)
-$636,000
Est. remaining loan balance
-$2,914,435
Cash to seller
$4,399,565

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

December 2016

Original loan amount

$5,200,000

Est. remaining balance

$2,914,435

Interest rate

2.78%

Loan type

New Conventional, 16 year

Seller

Yetta Merrill Levitas and Yetta Merrill Levitas Living Trust

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: 11/21/2024 at 11:30 PM

Listing updated: 10/29/2024 at 4:20 PM

Listed by: Frank Langen, Compass Phone #: (310) 230-0195

MLS: CLAW #24454103

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