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$2,867,070Estimated home value

Beds
4
Baths
3.5
sq ft
4,626

22581 Mansie Rd, Malibu, CA 90265

22581 Mansie Rd

Malibu, CA 90265

  • Sold On 8/7/2024
    • Price drop $300,000↓
ATTENTION: Builders, Investors, or Developers- this home is in need of some repairs to bring it back to its fullest potential but has so much potential! It truly is "A MUST SEE in person to appreciate" home!! Perfect blend of breathtaking panoramic views and serene privacy, perched high in the sky over Malibu and nestled amongst the clouds - a true dream retreat. A true masterpiece of architectural design & private, luxurious living. Situated on almost 3 acres in the hills of Malibu, this property offers modern amenities while providing spectacular views of the mountains, Pacific Ocean, and Catalina Island. A long driveway leads up to a 2-car garage & spacious Front Patio running the length of the house, with several seating areas to enjoy the stunning view. Upon entering the home you’re greeted by a foyer with soaring double-height ceilings & windows. The Living Room seamlessly connects indoor & outdoor spaces via sliding doors, framing picturesque views of the sweeping landscape beyond. The Main Level includes a Kitchen, Bedroom with Fireplace (currently used as an office), Spa Room with Jacuzzi & Sauna, Powder Room, Wine/Pantry Room, 2 utility closets both with furnaces, Dining Room, Living Room with large pocket sliding glass door, and fabulous floor to ceiling Fireplace. The Chef’s Kitchen is a culinary haven, equipped with top-of-the-line appliances, large Center Island & Breakfast Bar, floor to ceiling cabinets connecting to high-ceilinged Dining Room with windowed walls on 2 sides. Upstairs there are 3 Bedrooms with 3 Full Baths. The Primary BR boasts a Skylight, Fireplace, and private balcony with En Suite Spa-like Full Bathroom featuring large Walk-in Shower and Bathtub with a view. Two additional Bedrooms, each with their own Bathroom, are perfect for both family and guests. This self-sustaining property offers endless possibilities, including the potential for a pool (Seller has pool plans from architect), securely fenced area for pets, and fenced garden with established fruit trees. Designed with an Award-Winning Architect, this home has only had one owner.  It is built to be Fire Safe & also has an additional water tank & is conveniently located 0.4 miles from nearest fire station. This truly exceptional home has been featured in several magazines, including on the cover of Architectural Digest, for its unique design & features. Located just 1.7 miles from PCH/Malibu Beach.

Details

Property type

Single Family Residence

Est. home value

$2,867,070

Lot size

2.7124 acres

Price per sq ft

$930

Year built

2002

Price History

02/21/2024
CRMLS

CRMLS #SR24013409

Sold
$5,000,000
-10.71%
02/06/2024
CRMLS

CRMLS #SR24013409

Pending
$5,600,000
01/27/2024
CRMLS

CRMLS #SR24013409

Listed
$5,600,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Stable(s)

High school district: 

Santa Monica-Malibu Unified

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

$3,322,285
Asking price
$4,300,000
Closing costs (~8% of asking)
-$344,000
Est. remaining loan balance
-$633,715
Cash to seller
$3,322,285

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mortgage Capital Partners Inc

Loan start date

December 2012

Original loan amount

$877,000

Est. remaining balance

$633,715

Interest rate

3.39%

Loan type

New Conventional, 30 year

Seller

Richard B Feinstein

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: Off Market

Tomo last checked: 10/04/2024 at 7:55 PM

Listing updated: 08/19/2024 at 10:15 AM

Listed by: Sophie Thom, Rodeo Realty Phone #: (818) 761-7222

MLS: CRMLS #SR24013409

CRMLS logo

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