tomo logo

$4,999,000

Beds
4
Baths
3.0
sq ft
3,100

29675 Harvester Rd, Malibu, CA 90265

29675 Harvester Rd

Malibu, CA 90265

  • 50 days on market
Stunning remodeled ocean view home on approx 1 park like acre overlooking Zuma Beach. Situated behind gates, this pristine property offers an open floor plan with lots of natural light throughout. Great open kitchen with calacatta countertops and Sub Zero and Viking appliances. Incredible ocean view primary suite with high ceilings, gorgeous bath with dual vanities and private patio, perfect for taking in the stunning sunsets. This entertainers dream opens to a grassy backyard with pool, spa, built in barbecue area and great outdoor lounging spaces to relax and enjoy the breathtaking surroundings. There is also and additional ocean view lower flat pad at the front of the property with room for an guest house/ADU, putting green or large play area. This beautiful property is a true showplace and not one to be missed!

Details

Property type

Single Family Residence

Est. home value

$4,840,344

Lot size

0.9897 acres

Price per sq ft

$1,613

Year built

1990

HOA

No

Price History

08/15/2024
CLAW

CLAW #24428169

Listed
$4,999,000
-5.66%
08/11/2024
CLAW

CLAW #23338727

Removed
$5,299,000
08/10/2024
CLAW

CLAW #23338727

Listed
$5,299,000

Schools & Community

Neighborhood: 

Malibu Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$2,787,610
Asking price
$4,999,000
Closing costs (~8% of asking)
-$399,920
Est. remaining loan balance
-$1,811,470
Cash to seller
$2,787,610

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

December 2019

Original loan amount

$1,999,000

Est. remaining balance

$1,811,470

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Karthikeyan Manimozhi

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 8:10 PM

Listing updated: 09/13/2024 at 1:19 PM

Listed by: Michael Cunningham, Pinnacle Estate Properties Phone #: (310) 456-0880

MLS: CLAW #24428169

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