tomo logo

$37,500,000

Beds
4
Baths
4.5
sq ft
Unknown

28926 Cliffside Dr, Malibu, CA 90265

28926 Cliffside Dr

Malibu, CA 90265

  • 209 days on market
    • Price drop $7,250,000↓
Home to world-class surfing, this reimagined modern villa provides seamless indoor-outdoor living with exotic patios amidst gardens, lawns, and ocean panoramas. Perched on a bluff above scenic Dume Cove with 110' frontage, are a single-story main house and two-story guesthouse on over an acre. Ten-foot plank and beam ceilings, generous windows, gorgeous distressed oak floors, and custom-designed teak furniture are combined in a relaxed, sophisticated open-concept design. The courtyard entry of the main house features a covered dining area, ocean-view great room, and bright kitchen with an eat-in island. A wall of glass opens onto an outdoor living room/covered patio and huge bluff-top lawn for recreation and entertaining. The owner's suite has a private patio with an outdoor living area, pool and spa. Completely separate, the guesthouse has a spacious covered patio, ground-floor bedroom, and upstairs living area with kitchen and glass accordion doors that open onto an ocean-view deck. The estate includes Riviera 3 beach keys. Available for lease at $75,000 per month.

Details

Property type

Single Family Residence

Est. home value

$15,051,567

Lot size

1.0455 acres

Price per sq ft

Unknown

Year built

Unknown

HOA

No

Price History

11/15/2024
CLAW

CLAW #24385149

Price change
$37,500,000
-16.2%
10/25/2024
CLAW

CLAW #24385149

Removed
$44,750,000
04/27/2024
CLAW

CLAW #24385149

Listed
$44,750,000

Schools & Community

Neighborhood: 

Point Dume

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

Goldman Sachs Bank Usa

Loan start date

April 2022

Original loan amount

$14,000,000

Est. remaining balance

Not provided

Interest rate

3.25%

Loan type

New Conventional, 30 year

Seller

28926 Cliffside Holding Company 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: 11/22/2024 at 7:20 PM

Listing updated: 11/15/2024 at 2:50 PM

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

MLS: CLAW #24385149

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