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$2,895,000

Beds
Unknown
sq ft
Unknown

30002 Zenith Point Rd, Malibu, CA 90265

30002 Zenith Point Rd

Malibu, CA 90265

  • 177 days on market
    • Price drop $55,000↓
Best combination of panoramic ocean views and architectural design of any available burnout lot! Doug Burdge designed Modern Farmhouse estate in final stage of APR permit approval with story poles up. All the hard work is done on this project! Now is the time to secure this breathtaking modern masterpiece and personalize finish and fixture selection with Burdge's ID team! Panoramic ocean and mountain views spanning from Santa Monica to Palos Verdes to Catalina Island and whitewater views of Zuma beach and Point Dume. Flat usable half acre ocean view estate perfectly perched at the top of coveted Malibu Park offering serenity, privacy, and some of the best unobstructed ocean and mountain views available. Ideally located just minutes from the sand and surf of Zuma Beach, local Malibu Schools, Point Dume shopping center and Trancas Country Market. Renowned local Malibu architect, Doug Burdge has impeccably designed every inch of this expedited Woolsley Fire Rebuild development with unprecedented attention to detail. Fully engineered design plans are available and included in the sale. This exciting development is now deep into Admin Planning Review (APR) and includes a 4 bed, 6 bath Modern Farmhouse 2 story main home + entertaining basement + detached ocean view one bedroom one bath guest home totaling 4750 livable SF + 515 SF oversized garage. Open concept entertaining living spaces transition seamlessly to a massive outdoor sun deck with a striking infinity edge pool providing the ultimate Malibu indoor outdoor resort like lifestyle. The primary ocean view retreat on the second level opens to a spanning private ocean view rooftop deck with fire pit and boasts a spa like luxury ocean view en-suite bathroom. Floor to ceiling walls of glass disappear from the main living areas perfectly framing the infinity pool edge blending seamlessly into the endless ocean views beyond. Water meter and fire hydrant on the property with established water service, electricity meter and temporary power pole already installed on the property. Property completely fenced, gated, private and secure. Now is the time to realize this once in a lifetime opportunity to own this Ocean View Modern Estate with approved Doug Burdge AIA "modern farmhouse" plans. Save years of work, permitting uncertainty and hundreds of thousands of dollars buying this ocean view estate with so much extensive world class design work, studies and reports already completed, positive, and in the final stage of approval! Developer will also sell this estate with RTI permit issued for $3.35M or the completed home with certificate of occupancy per Doug Burdge plans and specs for $8.50M.

Details

Property type

Est. home value

$2,502,694

Lot size

0.4959 acres

Price per sq ft

Unknown

Year built

Unknown

HOA

No

Price History

07/08/2024
CLAW

CLAW #24378677

Price change
$2,895,000
-1.86%
06/14/2024
CLAW

CLAW #24378677

Price change
$2,950,000
-1.67%
04/10/2024
CLAW

CLAW #24378677

Listed
$3,000,000

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

Peter A Joeckel Trust

Loan start date

November 2023

Original loan amount

$225,000

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

Not Provided

Seller

Abundant Universe Llc

Lender

Arixa Enhanced Income Fund Lp

Loan start date

January 2022

Original loan amount

$1,190,000

Est. remaining balance

Not provided

Interest rate

3.12%

Loan type

Commercial, 1 year

Seller

Abundant Universe 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: 10/04/2024 at 8:35 PM

Listing updated: 09/30/2024 at 11:40 AM

Listed by: Mitch Hagerman, Compass Phone #: (310) 230-5744

MLS: CLAW #24378677

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