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$19,995,000

Beds
4
Baths
3.5
sq ft
3,861

27314 Pacific Coast Hwy, Malibu, CA 90265

27314 Pacific Coast Hwy

Malibu, CA 90265

  • 86 days on market
Introducing The Cactus House, a rare opportunity to own a private mid-century beach house on one of the most exclusive rows of homes on the Malibu coastline. This unique architectural property offers unparalleled ocean views and beach frontage spanning a rare 58 feet. Originally designed by Charles Kanner, the home was meticulously reimagined in 2021, seamlessly blending classic mid-century design with the warmth and tactility of the Mediterranean. Natural Cactus front and center, the homes minimalistic design connects perfectly to nature, allowing the beauty of the surroundings to take center stage. French doors open entirely to a large teak deck with views to Point Dume, the lower level features a gated terracotta courtyard leading onto a dry sandy beach enjoyable at all tides. Escondido Beach and the stunning Pacific Ocean are your personal backyard at this extraordinary home, perfect for entertaining and serene oceanfront indoor/outdoor living. Residents will enjoy being a few yards away from the private beach staircase to one of the area's renowned dining establishments Geoffrey's, and close proximity to hike Escondido Falls or shop at Cross Creek. With the opportunity to live here, add value, and/or lease at one's leisure, this property is a must have asset as a part of a real estate portfolio.

Details

Property type

Single Family Residence

Est. home value

$19,589,925

Lot size

0.3466 acres

Price per sq ft

$5,179

Year built

1947

HOA

No

Price History

09/27/2024
CLAW

CLAW #24437185

Listed
$19,995,000
-0.02%
06/27/2024
CLAW

CLAW #24393383

Removed
$19,999,500
05/17/2024
CLAW

CLAW #24393383

Listed
$19,999,500

Schools & Community

Neighborhood: 

Paradise Cove

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

Ventura County Cu

Loan start date

August 2021

Original loan amount

$9,317,000

Est. remaining balance

Not provided

Interest rate

2.98%

Loan type

Commercial

Seller

Cactus House Malibu 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?

Status: Active

Tomo last checked: 12/23/2024 at 2:55 AM

Listing updated: 12/04/2024 at 9:30 PM

Listed by: Sandeep Dhariwal, Sotheby's International Realty Phone #: (310) 724-7000

MLS: CLAW #24437185

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