tomo logo

$11,455,301Estimated home value

Beds
4
Baths
6.0
sq ft
3,938

31630 Sea Level Dr, Malibu, CA 90265

31630 Sea Level Dr

Malibu, CA 90265

  • Sold On 8/23/2024
    • Price drop $500,000↓
Nestled along the gated and prestigious Sea Level Drive, this remarkable four-level residence exudes elegance and tranquility. Enter through the inviting, private courtyard bathed in sunlight or via the attached 2-car garage equipped with an elevator. Illuminated by an abundance of natural light and boasting captivating ocean vistas, step into the grand living room adorned with vaulted ceilings, a chic bar area, and a cozy fireplace. Floor-to-ceiling glass walls and sliding doors seamlessly merge indoor and outdoor spaces, inviting you to the oceanfront deck where serene moments and memorable gatherings await. On the second level find a chef's kitchen, featuring high-end stainless Thermidor appliances and a spacious center island offering sweeping ocean views. The third floor features four ensuite bedrooms, along with the primary bedroom facing the pacific with a spa like bath, fireplace, and sprawling ocean-view deck. In addition to the homes beach frontage, the property includes a beach lot immediately adjacent: 4470-001-003 (4,409 sq. ft.). Also for lease unfurnished for $27,500 per month, one year lease minimum and/or 'long term' only.

Details

Property type

Single Family Residence

Est. home value

$11,455,301

Lot size

4,714 sq ft

Price per sq ft

$2,730

Year built

1994

HOA

No

Price History

08/23/2024
CLAW

CLAW #24367493

Sold
$10,500,000
-2.33%
07/25/2024
CLAW

CLAW #24367493

Pending
$10,750,000
05/03/2024
CLAW

CLAW #24367493

Price change
$10,750,000
-4.44%

Schools & Community

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

$6,908,675
Asking price
$10,750,000
Closing costs (~8% of asking)
-$860,000
Est. remaining loan balance
-$2,981,325
Cash to seller
$6,908,675

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

Seller’s Loan History

Lender

Royal Pacific Funding Corp

Loan start date

February 2024

Original loan amount

$3,000,000

Est. remaining balance

$2,981,325

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Esther Liberman and Liberman Trust

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 8:10 PM

Listing updated: 10/03/2024 at 8:10 PM

Listed by: Sandro Dazzan, The Agency Phone #: (424) 230-3700

MLS: CLAW #24367493

CLAW logo

Recently listed in Malibu

$3,195,000|5 bd|3.0 ba|House
$2,850,000|2 bd|3.0 ba|House
$2,500,000|3 bd|3.0 ba|House
$100,000|3 bd|2.0 ba|Manufactured
$11,995,000|4 bd|5.0 ba|House
$2,999,000|5 bd|3.75 ba|House
$4,995,000|5 bd|4.0 ba|House
$5,595,000|4 bd|3.5 ba|House
$2,295,000|4 bd|4.0 ba|House
$7,850,000|4 bd|4.0 ba|House