tomo logo

$9,995,000

Beds
4
Baths
3.0
sq ft
3,502

26940 Malibu Cove Colony Dr, Malibu, CA 90265

26940 Malibu Cove Colony Dr

Malibu, CA 90265

  • 175 days on market
    • Price drop $1,000,000↓
Discover an extraordinary beachfront haven in the heart of Malibu's exclusive shoreline. This iconic residence, crafted by the distinguished architect Ron Goldman, exemplifies luxurious coastal living. As you approach through a gated courtyard, a glass entryway offers a tantalizing glimpse of the expansive, art-friendly interior. The two-story foyer, adorned with skylights and an intricate staircase, invites you to explore further. Floor-to-ceiling windows provide uninterrupted ocean views, seamlessly merging the indoors with the sandy beach just steps away. The ground floor boasts a spacious oceanfront deck, perfect for dining and entertaining. The open-concept design features living and family rooms with cozy fireplaces, a dining area, and a gourmet kitchen with a central island, all overlooking the breathtaking Pacific Ocean. A guest bedroom and bathroom complete this level, offering comfort and convenience. Indulge in the epitome of luxury in the primary suite, which includes a private ocean-view terrace, a sitting area with a fireplace, and a built-in desk. The upper-level bedrooms, bathed in natural light from glass ceilings and sliding doors, embrace the coastal ambiance, providing stunning ocean views throughout the day. This sunlit home offers unparalleled sunrises and sunsets, with a unique contemporary design that harmonizes perfectly with its beachfront location. Eco-friendly features include a newly installed solar system and Tesla chargers, making this residence both stylish and sustainable. Located in the prestigious 24-hour guard-gated community of Malibu Cove Colony, this property offers both privacy and expansive living. Whether you desire a serene retreat, an art lover's sanctuary, or a prime entertainment space, this Malibu gem fulfills every aspiration. Experience the pinnacle of coastal living in one of Southern California's most sought-after communities.

Details

Property type

Single Family Residence

Est. home value

$10,103,418

Lot size

6,706 sq ft

Price per sq ft

$2,855

Year built

1982

Monthly HOA fee

$525

Price History

01/06/2025
CLAW

CLAW #24418171

Price change
$9,995,000
-9.1%
12/05/2024
CLAW

CLAW #24418171

Listed
$10,995,000
10/31/2024
CLAW

CLAW #24418171

Removed
$10,995,000

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

Ubs Bank Usa

Loan start date

March 2021

Original loan amount

$5,000,000

Est. remaining balance

Not provided

Interest rate

2.5%

Loan type

New Conventional, 30 year

Seller

Malibu Cove Colony 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 9:35 PM

Listing updated: 01/13/2025 at 9:07 PM

Listed by: Ivan Estrada, Douglas Elliman Phone #: (310) 595-3888

MLS: CLAW #24418171

CLAW logo

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