tomo logo

$11,450,000

Beds
3
Baths
3.5
sq ft
3,080

21424 Pacific Coast Hwy, Malibu, CA 90265

21424 Pacific Coast Hwy

Malibu, CA 90265

  • 638 days on market
    • Price drop $300,000↓
Located on the coveted La Costa beach, this Architectural home is an entertainer's paradise with breathtaking unobstructed westward views. Situated on a wide sandy section of beach, far from public access, this home offers a contemporary Malibu sanctuary. Inside high ceilings and an abundance of natural light provide a relaxing environment to enjoy the open concept floor plan. Vaulted, tray ceilings and a corner fireplace add to the ambiance of the living area with expansive ocean views through the full-length windows that lead out to an expansive deck with dining area and built-in barbecue. A commercial-grade kitchen inspires the creation of culinary delights. Granite countertops provide plenty of prep space with additional island seating. A sub-zero refrigerator, double ovens, a 6-burner Viking stove with a grill, and instant hot water ensure cooking is a pleasure. The owner's suite offers ocean views, built-in cabinetry, an ensuite bath with imported stone, a soaking tub with water views, dual vanities, and a large shower. Additionally, the master closet boasts plenty of space for your wardrobe. Two additional bedrooms with full baths. Large family room upstairs features a wet bar, Sonos sound system and custom built-ins, making it the perfect room to view your favorite movies. Two-car garage with a half bath and direct access to the beach. This home is in a prime location with no HOA. The close proximity to shopping, dining and sought-after amenities make this Malibu estate a perfect 10! Schedule your showing today.

Details

Property type

Single Family Residence

Est. home value

$4,134,619

Lot size

5,071 sq ft

Price per sq ft

$3,718

Year built

1941

Price History

10/20/2023
CLAW

CLAW #22207697

Listed
$11,450,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$7,823,119
Asking price
$11,450,000
Closing costs (~8% of asking)
-$916,000
Est. remaining loan balance
-$2,710,881
Cash to seller
$7,823,119

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

June 2021

Original loan amount

$3,300,000

Est. remaining balance

$2,710,881

Interest rate

2.29%

Loan type

New Conventional, 15 year

Seller

Steven N Brourman and The Steven N Brourman Family 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?

Status: Active

Tomo last checked: 07/10/2024 at 10:40 AM

Listing updated: 04/29/2024 at 1:41 PM

Listed by: Kathleen Rasmussen, Compass Phone #: (805) 617-0645

MLS: CLAW #22207697

CLAW logo

Recently listed in Malibu

$10,000,000|3 bd|3.0 ba|House
$3,000,000|3 bd|3.0 ba|Townhouse
$34,500,000|5 bd|6.0 ba|House
$45,000,000|5 bd|9.0 ba|House
$9,199,000|4 bd|3.0 ba|House
$2,895,000|5 bd|3.0 ba|House
$3,950,000|2 bd|2.0 ba|House
$3,295,000|2 bd|2.5 ba|House
$1,125,000|3 bd|3.0 ba|Condo