tomo logo

$16,900,000

Beds
4
Baths
6.0
sq ft
4,716

31721 Sea Level Dr, Malibu, CA 90265

31721 Sea Level Dr

Malibu, CA 90265

  • 260 days on market
    • Price drop $1,000,000↓
This completely remodeled oceanfront Malibu home has direct access to the beach and is situated in the private, gated Sea Level Drive community. The remodel was completed by designer Nathan Turner, who spared no expense in developing this luxurious three-story home. The modern exterior perfectly compliments the beautiful California coastline, with ocean views from almost every room. There are plenty of spaces to entertain inside and out, with a main-level living room featuring a fireplace and drop-down TV flowing into an outdoor patio with a fire pit. Preparing meals is a delight in the gourmet kitchen with high-end appliances and a lovely waterfall island. The owner's suite has a private deck, a spa bathroom with double vanities, and an ocean-view steam shower on the second level. The media room features built-in bookshelves, a ceiling-mounted projector, and a retractable screen perfect for movie night. The Sea Level Drive neighborhood is a private escape and the ultimate place to enjoy all the beauty Malibu has to offer.

Details

Property type

Single Family Residence

Est. home value

$9,574,890

Property condition

Updated/Remodeled

Lot size

3,965 sq ft

Price per sq ft

$3,584

Year built

1990

Monthly HOA fee

$529.17

Price History

06/15/2024
CLAW

CLAW #24349051

Price change
$16,900,000
-5.59%
01/19/2024
CLAW

CLAW #24349051

Listed
$17,900,000
+81.73%
04/28/2017
CLAW

CLAW #16183068

Sold
$9,850,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

High school district: 

Santa Monica-Malibu Unified

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

$11,139,748
Asking price
$16,900,000
Closing costs (~8% of asking)
-$1,352,000
Est. remaining loan balance
-$4,408,252
Cash to seller
$11,139,748

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

Seller’s Loan History

Lender

Bny Mellon Na

Loan start date

May 2018

Original loan amount

$5,000,000

Est. remaining balance

$4,408,252

Interest rate

4.44%

Loan type

New Conventional, 30 year

Seller

31721 Sea Level Drive 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 8:30 PM

Listing updated: 10/03/2024 at 12:20 AM

Listed by: Shen Schulz, Sotheby's International Realty Phone #: (310) 456-6431

MLS: CLAW #24349051

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