tomo logo

$5,700,000

Beds
3
Baths
2.5
sq ft
2,495

31866 Seafield Dr, Malibu, CA 90265

31866 Seafield Dr

Malibu, CA 90265

  • 35 days on market
    • Price drop $250,000↓
Exquisitely crafted architectural home on upper Broad Beach! Completely renovated in 2021 and designed by the renowned architect Doug Burdge, this residence is a coastal oasis offering seamless indoor-outdoor living in one of Malibu's most sought-after locations. Enter past Gabion stone walls and mature olive trees to a private entry patio, with a gas fireplace and built-in bench seating. Inside, a great room features soaring ceilings and is flooded with natural light through floor-to-ceiling doors and windows. A chic Poliform kitchen has Gaggenau appliances, illuminated cabinets, and island bar seating. The adjacent dining area flows into a family room with a mounted television and gas fireplace. Accordion and sliding glass doors at every point beckon you out onto a Tulum-inspired deck, complete with al-fresco dining areas, a sun-soaked outdoor lounge, a jacuzzi, and an outdoor shower. The upper level offers a media room and three bedrooms, including the expansive primary suite which boasts a private ocean-view patio with pocket doors, and a spa-like bathroom complete with a soaking tub and Poliform closet. This property includes private access to a gated stairway moments from the home for easy access to Lechuza Beach, a picturesque sandy beach perfect for long days in the sun, exploring tidepools, and relaxing sunset walks. Enjoy excellent proximity to Western Malibu's finest amenities including Trancas Country Market, hiking trails, and much more. This enclave was created with relaxation and elegance in mind, the perfect place to immerse yourself in the quintessential Malibu lifestyle.

Details

Property type

Single Family Residence

Est. home value

$5,631,472

Lot size

4,255 sq ft

Price per sq ft

$2,285

Year built

1980

Monthly HOA fee

$529.33

Price History

09/06/2024
CLAW

CLAW #24427901

Price change
$5,700,000
-4.2%
08/15/2024
CLAW

CLAW #24427901

Listed
$5,950,000
+45.67%
08/11/2021
CLAW

CLAW #21754896

Sold
$4,084,583
+121.36%

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

First Republic Bank

Loan start date

July 2021

Original loan amount

$2,650,000

Est. remaining balance

Not provided

Interest rate

9.5%

Loan type

New Conventional, 30 year

Seller

Mory Barak and Tal M Barak

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: 09/19/2024 at 3:00 PM

Listing updated: 09/17/2024 at 2:59 PM

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

MLS: CLAW #24427901

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