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$4,995,000

Beds
3
Baths
3.0
sq ft
1,992

31562 Broad Beach Rd, Malibu, CA 90265

31562 Broad Beach Rd

Malibu, CA 90265

  • 129 days on market
    • Price drop $200,000↓
With mid-century pedigree and lush natural light, this beautifully updated garden home is perfectly appointed for indoor-outdoor living and entertaining. Gated and private, with handsome mature trees and generous lawns and patios, the property includes homeowner rights to a private sandy beach. Detailed with plank and beam ceilings, large windows, and Saltillo tile floors, the two-bedroom main house is complemented by a separate guest house with an additional bedroom, bath, and kitchen. At the heart of the main house is a light-infused great room that features a comfortable skylight living room, a chef's kitchen, and huge glass doors that open to the backyard, ocean views, and a large all-weather dining pavilion. The skylight kitchen has a center island with bar seating, top-quality appliances, beautiful cabinetry, and a wide garden window above the counter and sink. The bedrooms include a very peaceful primary suite with a large walk-in closet, a skylight bath, and French doors that open to the backyard. The guest suite, with a private entry from the street, has been updated with the same care and quality as the main house and features a full kitchen, a bedroom and bath, a living/dining room, and a balcony with sensational ocean views. The backyard, in addition to the dining pavilion, has a dining pergola, a large lawn, and various areas for lounging and entertaining, plus there is room for a pool. The home also has a two-car garage as well as guest parking in the driveway and on the street. With easy access to beaches, shops, dining and miles of hiking and biking trails, this Broad Beach home is the perfect year-round getaway.

Details

Property type

Single Family Residence

Est. home value

$4,659,632

Lot size

6,789 sq ft

Price per sq ft

$2,508

Year built

1954

Monthly HOA fee

$529.17

Price History

10/29/2024
CLAW

CLAW #24415655

Price change
$4,995,000
-3.85%
07/15/2024
CLAW

CLAW #24415655

Listed
$5,195,000
+29.88%
07/18/2022
CLAW

CLAW #22138607

Sold
$4,000,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

First Republic Bank

Loan start date

July 2022

Original loan amount

$2,800,000

Est. remaining balance

Not provided

Interest rate

3.8%

Loan type

New Conventional, 30 year

Seller

Southern Sky Holdings 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?

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Status: Active

Tomo last checked: 11/22/2024 at 7:20 PM

Listing updated: 10/29/2024 at 12:10 PM

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

MLS: CLAW #24415655

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