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$9,671,252Estimated home value

Beds
5
Baths
5.0
sq ft
5,426

29623 Harvester Rd, Malibu, CA 90265

29623 Harvester Rd

Malibu, CA 90265

  • Off market
Incredible opportunity to customize and build your dream Malibu Estate. House is framed and ready for you to come and pick out your custom finishes. Easy to show! First time on the market in over 25 years! Situated on 1.48 acres, this unique corner lot perched on a knoll has an unobstructed view of the ocean from Palos Verdes to the Channel Islands. Approved plans for the newly redesigned home include 5,436 sq. ft with 5 Bedrooms; a 714 sq ft garage, and 212 sq ft attic above the garage, and a pool. Master suites upstairs and downstairs. Balconies on the upstairs suites. It has a football field backyard, perfect fun for family and pets, but additionally, the front yard is massive. Its size alone is a magnificent place to relax or run around or lie on the lawn and dream. Sunsets are stunning and different every night, with soft breezes and PRIVATE. A non-obtrusive gate around the property makes things feel ultra-safe. This is the Malibu living you've dreamed of. Like Field of Dreams, build it and they will come.... your dreams, your memories, your future. Photos are of renderings. No one picture could articulate the brilliance and beauty of this land. It truly is a gem waiting for the person with vision. Upon close of escrow a house will be completed at a mutually agreed upon price.

Details

Property type

Single Family Residence

Est. home value

$9,671,252

Lot size

1.4847 acres

Price per sq ft

$1,825

Year built

1988

Price History

07/22/2024
CLAW

CLAW #23294121

Removed
$9,900,000
12/20/2023
CLAW

CLAW #23294121

Listed
$9,900,000

Schools & Community

Neighborhood: 

Malibu Park

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

Partners Capital Solutions Reit I Llc

Loan start date

August 2023

Original loan amount

$4,500,000

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Building or Construction Loan

Seller

Michael J Plen and Catharina Masters Plen

Lender

Union Bank Of California National Assn

Loan start date

November 2002

Original loan amount

$713,000

Est. remaining balance

Not provided

Interest rate

5.5%

Loan type

Not Provided, 30 year

Seller

Michael Plen and Catharina Plen

Lender

Citicorp Mtg Inc

Loan start date

December 1998

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

6.87%

Loan type

Assumption, 30 year

Seller

Michael Plen and Catharina Plen

Lender

Chase Manhattan Mtg Corp

Loan start date

December 1995

Original loan amount

$1,200,000

Est. remaining balance

$119,126

Interest rate

7.44%

Loan type

Not Provided, 30 year

Seller

Michael Plen and Catharina Plen

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 8:00 PM

Listing updated: 03/29/2024 at 4:01 PM

Listed by: Scott Moore, Douglas Elliman of California, Inc. Phone #: (424) 203-1800

MLS: CLAW #23294121

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