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$10,150,228Estimated home value

Beds
4
Baths
4.5
sq ft
2,861

31974 Pacific Coast Hwy, Malibu, CA 90265

31974 Pacific Coast Hwy

Malibu, CA 90265

  • Sold On 8/27/2024
    • Price drop $496,000↓
Sitting on a rocky outcropping where the waves of Matador Beach lap along the sand, this 2,861-square-foot, 4 bedroom 4.5 bathroom gem takes the experience of Malibu beach-front living to a new level. The interiors are a bastion of dazzling light and unobstructed coastline views of the sunset and the Channel Islands are incredible. A clean and contemporary design, where relaxation is paramount and vistas of the coveted serene surroundings take center stage. Recently renovated, the living spaces are remarkably open and bright, the corner dining room is wrapped in windows that create a veritable wall of dynamic, cinematic art capturing ocean waters, clear blue sky, from the Channel Islands and Point Dume in the distance, and further beyond, the definitive, far-reaching line of the horizon. The space flows directly to an open kitchen with an island, plentiful white cabinetry, new modern tile, refreshed countertops, and stainless-steel appliances. The nearby living room benefits from a similar expanse of glass with a dramatic view. The room's fireplace creates welcoming, comforting warmth on cooler days and nights. One of four bedrooms, the vast primary suite includes a sitting area, wall-sized picture windows, and sliding doors to a romantic private Juliet balcony. The en suite bath offers a generous dual-sink vanity, heated towel racks, a glass-enclosed rain shower, and a vintage-inspired soaking tub perfectly poised to appreciate horizon views. Two additional bedrooms and baths are secluded on the upper level as well, while a 4th bedroom suite is located on the main level. Large, ocean view decks and easy access to the beach below. The property's location, in a small exclusive enclave on a private gated road, puts it within a moment's reach of fine shops and restaurants and all the other allurements and enticements of Malibu, Vintage Grocers Market, at Trancas Cyn. and Zuma Beach.

Details

Property type

Single Family Residence

Est. home value

$10,150,228

Property condition

Updated/Remodeled

Lot size

8,851 sq ft

Price per sq ft

$2,796

Year built

1966

Monthly HOA fee

$125

Price History

08/27/2024
CLAW

CLAW #24381648

Sold
$7,350,000
-8.11%
08/23/2024
CLAW

CLAW #24381648

Pending
$7,999,000
05/06/2024
CLAW

CLAW #24381648

Price change
$7,999,000
-5.84%

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

Quicken Loans Inc

Loan start date

November 2019

Original loan amount

$578,971

Est. remaining balance

$522,768

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Donald Reiker and Patricia Jones

Lender

Abn Amro Mortgage Group Inc

Loan start date

March 2003

Original loan amount

$453,600

Est. remaining balance

Not provided

Interest rate

5.97%

Loan type

Stand Alone First, 30 year

Seller

Donald Reiker and Patricia Jones

Lender

Crestview Lending Corp

Loan start date

September 1993

Original loan amount

$500,000

Est. remaining balance

$0

Interest rate

7.16%

Loan type

Not Provided, 30 year

Seller

Donald Reiker and Patricia Jones

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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Tomo last checked: 10/04/2024 at 7:55 PM

Listing updated: 08/27/2024 at 4:24 PM

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

MLS: CLAW #24381648

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