tomo logo

$5,850,000

Beds
4
Baths
5.5
sq ft
4,660

31727 Pacific Coast Hwy, Malibu, CA 90265

31727 Pacific Coast Hwy

Malibu, CA 90265

  • 100 days on market
*Also for lease* Discover the epitome of coastal luxury with this exceptional gated estate on 3.65 acres, perched along the iconic Pacific Coast Highway. Offering private beach access to the exclusive Lechusa Beach, this property defines upscale living. From the moment you approach, the landscaped front yard captivates with its manicured grassy lawn, a striking fountain adorned with a statue, and parking for over six vehicles. The glass and metal front door welcomes you into a grand foyer, where stone tile floors and recessed lighting set a sophisticated tone. Ocean views stretch before you, hinting at the unparalleled vistas throughout the home.The main level effortlessly balances elegance and functionality. Down the hall, a state-of-the-art media room awaits, complete with tile floors, built-in shelves, and theater seating beneath a ceiling fan. The adjacent garage features parking for two cars, a washer and dryer, and what appears to be a central vacuum system. Nearby, a full bathroom boasts stone tile floors and a sleek shower stall.The living spaces are a study in luxurious detail. An ocean-view bedroom features wood floors, high ceilings, and sliding mirrored closet doors, complemented by a hallway kitchenette with stone counters and a mini fridge. A cozy family room, adorned with wood floors, wood ceilings, and a wood-framed fireplace, offers panoramic ocean views. Another spacious bedroom on this level includes a walk-in closet and an en-suite bath with a jetted tub and stone tile floors, creating a private retreat.Ascending to the second floor, you're greeted by a continuation of refined finishes, from stone tile floors to high ceilings. The primary suite commands attention with its ocean-view balcony, seating area potential, and a generous walk-in closet. The en-suite primary bathroom indulges with double vanities, stone counters, and a spacious shower stall. Another bedroom on this floor, with backyard views and an en-suite bathroom, opens via French doors to the serene backyard, perfect for relaxation.At the heart of the home, the chef's kitchen is both stunning and practical, featuring stone tile floors, epoxy granite counters, and a skylight that floods the space with natural light. Equipped with a Sub-Zero fridge, double GE ovens, a six-burner range with a BBQ grill, and a convection oven, this kitchen is a culinary dream. An adjacent breakfast area and built-in storage provide ample space for casual dining and meal preparation. The open-plan design flows into the living room, where stone tile floors, recessed lighting, and panoramic ocean views create a perfect gathering space. A stone fireplace with a classic mantle anchors the room, while French doors in the dining area lead to an ocean-view balcony, enhancing the indoor-outdoor living experience.The powder room and wet bar, complete with built-ins, a mini fridge, and glass shelving, cater to entertaining needs. Outside, the backyard is a tiered masterpiece, with levels designed for various outdoor activities. The lower level features an outdoor kitchen with bar seating, a BBQ with natural gas hookups, and a grassy lawn. Ascend to discover multiple dining and seating areas, a fire pit with built-in bench seating, and a top patio offering 270-degree views of the ocean and mountains. The lush landscape is punctuated by citrus trees and vibrant birds of paradise, adding a touch of natural beauty.Completing this extraordinary property is a professionally lit tennis court with breathtaking ocean views, space for a potential pool in the front yard, and multi-zone AC for year-round comfort. Every element of this home has been thoughtfully designed to offer an unparalleled living experience, blending luxury, privacy, and the natural beauty of Malibu's coastline. Contact Adam Cohen: adam@chriscortazzo.com, 818.903.6097

Details

Property type

Single Family Residence

Est. home value

$5,356,995

Lot size

3.6747 acres

Price per sq ft

$1,256

Year built

1986

HOA

No

Price History

11/15/2024
CLAW

CLAW #24464079

Listed
$5,850,000
+254.55%
09/29/2016
CRMLS

CRMLS #PW16154037

Sold
$1,650,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

M&N Financing Corporation

Loan start date

November 2023

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

7.18%

Loan type

Commercial

Seller

Fred Minagar

Lender

Washington Mutual Bank Fa

Loan start date

February 2014

Original loan amount

$2,660,000

Est. remaining balance

Not provided

Interest rate

7.52%

Loan type

Adjustable Rate Mortgage, 33 year

Seller

Fred Minagar

Lender

Washington Mutual Bank Fa

Loan start date

April 2007

Original loan amount

$2,660,000

Est. remaining balance

Not provided

Interest rate

7.52%

Loan type

Negative Amortization, 40 year

Seller

Fred Minagar

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: 02/23/2025 at 11:20 PM

Listing updated: 02/04/2025 at 1:00 PM

Listed by: Adam Cohen, Compass Phone #: (310) 230-5744

MLS: CLAW #24464079

CLAW logo

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