tomo logo

$6,995,000

Beds
6
Baths
5.0
sq ft
4,574

3220 Sumac Ridge Rd, Malibu, CA 90265

3220 Sumac Ridge Rd

Malibu, CA 90265

  • 87 days on market
Manicured, private and remodeled, this Mediterranean-modern estate provides exceptional amenities and a coveted Malibu lifestyle offering sweeping views of the pacific and city lights. Inside, find fresh white walls and beautiful wood beams. The chef's kitchen includes a Sub-Zero refrigerator, Miele cooktop, Wolf oven and steam oven and Miele dishwasher. The downstairs bedroom can also be utilized as an office, flowing outside. An elegant primary suite provides a fireplace, spa bath, and walk-in closet. Enjoy indoor-outdoor living with a private pickleball court, ocean-view pool, spa, sauna, and outdoor kitchen. A fountain trickles and verdant lawns abound. The detached guest house has its own driveway, kitchen, and fireplace, offering privacy for guests. With modern amenities like an iPort control system, Sonos sound, and a Tesla charger, the property also includes a deeded La Costa Beach Club membership and beautifully landscaped grounds, just minutes from Malibu's best shopping and restaurants.

Details

Property type

Single Family Residence

Est. home value

$4,800,285

Property condition

Updated/Remodeled

Lot size

1.1097 acres

Price per sq ft

$1,530

Year built

1996

HOA

No

Price History

09/27/2024
CLAW

CLAW #24440097

Listed
$6,995,000
-6.67%
09/05/2024
CLAW

CLAW #24383065

Removed
$7,495,000
04/23/2024
CLAW

CLAW #24383065

Listed
$7,495,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

Jpmorgan Chase Bank Na

Loan start date

August 2023

Original loan amount

$1,400,000

Est. remaining balance

Not provided

Interest rate

6.7%

Loan type

New Conventional, 30 year

Seller

Kyle Madison

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: 12/23/2024 at 5:45 AM

Listing updated: 12/10/2024 at 11:20 AM

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

MLS: CLAW #24440097

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