tomo logo

$6,995,000

Beds
6
Baths
7.0
sq ft
7,297

27931 Winding Way, Malibu, CA 90265

27931 Winding Way

Malibu, CA 90265

  • 368 days on market
    • Price drop $1,000,000↓
Welcome to your private paradise, where a long driveway leads you to this magnificent Normandy-style estate. Privacy hedges and mature trees surround the property, creating an oasis of tranquility. As you approach the main house, a charming fountain greets you, along with lush turf lawn areas that complement the landscape. This exceptional residence offers breathtaking ocean views from the front yard. Step up to the covered front door, and through the double glass doors, you'll find yourself in an inviting foyer with stone tile floors. Straight ahead, the living room boasts the same stone floors, French doors, and more captivating ocean views. A large gas fireplace with a beautiful mantle provides a cozy focal point, while a nook within the living room offers stunning ocean and mountain views. Behind the living room, the dining room features high ceilings and stone tile floors. Sliding glass doors open to the backyard, creating a seamless indoor-outdoor dining experience. A hallway leads to the gourmet kitchen, accessible from the front door as well. The kitchen features stone tile floors, high ceilings with recessed lighting, granite counters on the island, and top-of-the-line appliances, including a Sharp microwave, a Sub-Zero fridge and freezer, a double GE oven with convection and self-clean capabilities, a mini wine fridge, and an Asko dishwasher. Additional stone counters with a sink and ample built-in storage make this kitchen a chef's dream. A deep pantry offers even more storage space and includes another Whirlpool fridge and freezer. Adjacent to the kitchen is a butler's pantry and laundry room with granite counters, a sink, and a Whirlpool washer and dryer. This space leads to a full bathroom with a sink, vanity, and shower stall. The breakfast room off the kitchen features curved walls and windows that provide ocean views, high ceilings, and stone counters. A charming powder room with Marie Antoinette-inspired decor, complete with hand-painted blue walls and gold trim, adds a touch of whimsy. A grand staircase with a chandelier offers a dramatic entrance to the second floor, where a large reading nook welcomes you. The owner's suite includes wide plank wood floors, two sets of French doors leading to a balcony with ocean views, a marble fireplace, and a sitting area. The owner's bathroom is a true sanctuary with a water closet, a linen closet, a shower stall with a marble bench and double shower heads (including a rainfall shower), and a built-in tub with jets. The bathroom opens to a spacious area with double sinks, a vanity, stone counters, and French doors to a balcony. A large closet with built-ins provides ample storage space. The top floor features a second suite with ocean views, a fireplace, French doors to balconies, and a circular sitting room with ocean views. The ensuite bathroom boasts marble counters, a freestanding tub, and a shower stall. A spacious closet completes this luxurious retreat. Guest House 1, located above the garage, boasts wood floors, ocean views, high ceilings with ceiling fans, a kitchenette area with a mini-fridge and built-ins, and a full bathroom with a shower stall. Guest House 2 features a double-door entry, a large bedroom with wood floors, French doors to a closet, and a Jack and Jill bathroom with a shower over tub with jets, a sink, a vanity, and stone tile. The kitchen/living room area includes a sink, tile counters, a mini-fridge, and a 4-burner range. The living/dining room area boasts wood floors and ocean views, while a patio area and a turf lawn behind the guest house. Includes 6 parking spaces, a sprinkler system, an AC system, and security cameras throughout. The backyard is a haven with a jacuzzi, a pristine pool with matching tile, and a covered awning with an open patio area for outdoor dining and lounging. Steps lead through the trees down to the driveway, and a built-in BBQ by the jacuzzi is perfect for entertaining. Available for lease at $30,000 per month.

Details

Property type

Single Family Residence

Est. home value

$8,633,993

Lot size

1.1814 acres

Price per sq ft

$959

Year built

1986

HOA

No

Price History

04/10/2024
CLAW

CLAW #23315993

Price change
$6,995,000
-12.51%
10/27/2023
CLAW

CLAW #23315993

Listed
$7,995,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

High school district: 

Santa Monica-Malibu Unified

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

Nina Berger Family Living Trust

Loan start date

December 2020

Original loan amount

$1,600,000

Est. remaining balance

Not provided

Interest rate

2.78%

Loan type

Commercial

Seller

Al Leibovic and Al Leibovic Revocable Trust

Lender

First Republic Bank

Loan start date

December 2019

Original loan amount

$2,700,000

Est. remaining balance

Not provided

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Al Leibovic and Al Leibovie Revocable Trust

Lender

Wells Fargo Bank Na

Loan start date

November 2010

Original loan amount

$1,245,000

Est. remaining balance

Not provided

Interest rate

3.52%

Loan type

Credit Line (Revolving), 40 year

Seller

Al Leibovic and The Al Leibovic Trust

Lender

Wells Fargo Home Mtg Inc

Loan start date

December 2002

Original loan amount

$814,000

Est. remaining balance

$0

Interest rate

5.7%

Loan type

Not Provided, 16 year

Seller

Al Leibovic and Diane Leibovic

Lender

Wells Fargo Home Mtg Inc

Loan start date

December 2001

Original loan amount

$874,500

Est. remaining balance

$0

Interest rate

6.09%

Loan type

Not Provided, 15 year

Seller

Al Leibovic and Diane Leibovic

Lender

Bank United

Loan start date

May 1998

Original loan amount

$1,000,000

Est. remaining balance

$254,904

Interest rate

7.12%

Loan type

Not Provided, 30 year

Seller

Al Leibovic and Diane Leibovic

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: 10/04/2024 at 7:55 PM

Listing updated: 10/03/2024 at 8:10 PM

Listed by: Christopher Cortazzo, Compass Phone #: (310) 230-5744

MLS: CLAW #23315993

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