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$3,650,000

Beds
3
Baths
2.0
sq ft
1,866

20490 Seaboard Rd, Malibu, CA 90265

20490 Seaboard Rd

Malibu, CA 90265

  • 10 days on market
Located in the Big Rock neighborhood in Malibu, 20490 Seaboard offers a rare combination of a move-in-ready home with breathtaking ocean views along with fully approved RTI permits for an extraordinary redevelopment project. As the property currently sits, it offers 1,866sf of living space with 3 bedrooms and 2 bathrooms, plus an oversized 1,095sf workshop/garage. For the savvy buyer, the RTI permits provide an opportunity to transform this property into a luxurious 3,218-square-foot coastal retreat. The thoughtfully designed plans feature 3 spacious bedrooms, 3.5 bathrooms, a private office, a cozy den, and sweeping views of the Pacific Ocean, Catalina, and the iconic Queen's Necklace. The envisioned residence also includes a 455-square-foot 2-car garage along with a detached 196-square-foot structure with sweeping ocean viewsperfect as an artist's studio, a tranquil yoga retreat, an inspiring home office, or an intimate dining space. Situated in one of Malibu's most prestigious neighborhoods, this property offers unparalleled proximity to nature and Malibu's iconic beaches, all while being just minutes from the premier dining, shopping, and recreational offerings of Pacific Palisades and Santa Monica.

Details

Property type

Single Family Residence

Est. home value

$2,632,487

Lot size

0.5974 acres

Price per sq ft

$1,957

Year built

1961

HOA

No

Price History

01/12/2025
CLAW

CLAW #25480861

Listed
$3,650,000
+65.91%
12/22/2023
CLAW

CLAW #23280193

Sold
$2,200,000
+11.39%
07/23/2019
CLAW

CLAW #19455346

Sold
$1,975,000

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

Drea Fund I Llc

Loan start date

November 2023

Original loan amount

$1,821,600

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

Commercial

Seller

Seaborn Drive 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?

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Status: Active

Tomo last checked: 01/22/2025 at 6:45 PM

Listing updated: 01/20/2025 at 5:20 AM

Listed by: Kerri Madden, Compass Phone #: (310) 437-7500

MLS: CLAW #25480861

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