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$11,750,000

Beds
4
Baths
4.5
sq ft
4,419

31532 Victoria Point Rd, Malibu, CA 90265

31532 Victoria Point Rd

Malibu, CA 90265

  • 29 days on market
    • Price drop $750,000↓
A true oceanfront retreat in the coveted gated community of Victoria Point! This multi-level enclave features jaw-dropping, panoramic ocean views from nearly every room. Gaze out to the waves breaking uniquely far from shore, passing sea life, and the sandy coastline of Broad Beach all the way to Point Dume. Enjoy direct access to a very secluded, sandy cove below which has beautiful rock formations, tide pools, sea caves, and a surf break. Inside, the light and bright interior is an idyllic blend of grand entertaining areas, lavish bedrooms, and peaceful spaces to unwind. The living room has vaulted, wood-beamed ceilings, a wet bar, oversized windows, and a causal flow that leads you out onto an oceanfront deck with unobstructed views. The kitchen includes a breakfast bar, dual ovens, and a walk-in pantry. On the second story, a lavish ocean view master suite boasts a fireplace, attached study/office, a private deck spanning the entire level, and an expansive bathroom with a soaking tub and walk-in closet. There is another guest bedroom on the second story, and two additional bedrooms on the ground level for family and friends, each with easy access to a magnificent oceanfront patio with a spa. A true gateway to the Malibu lifestyle, this prestigious, tropical-feeling sandy cove is one of Malibu's best-kept secrets.

Details

Property type

Single Family Residence

Est. home value

$4,561,286

Lot size

9,224 sq ft

Price per sq ft

$2,659

Year built

1979

HOA

No

Price History

11/15/2024
CLAW

CLAW #24456669

Price change
$11,750,000
-6%
10/24/2024
CLAW

CLAW #24456669

Listed
$12,500,000

Schools & Community

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

Morgan Stanley Private Bank Na

Loan start date

September 2013

Original loan amount

$5,000,000

Est. remaining balance

Not provided

Interest rate

2.95%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Ronald Eugene Sweeney and Patricia Abrahams Sweeney

Lender

Washington Mutual Bank Fa

Loan start date

April 2000

Original loan amount

$1,673,750

Est. remaining balance

Not provided

Interest rate

8.72%

Loan type

Not Provided, 40 year

Seller

Ronald E Sweeney and Patricia A Sweeney

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 3:30 PM

Listing updated: 11/15/2024 at 10:35 AM

Listed by: Tony Mark, Compass Phone #: (310) 230-5744

MLS: CLAW #24456669

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