tomo logo

$29,950,000

Beds
8
Baths
6.5
sq ft
Unknown

32752 Pacific Coast Hwy, Malibu, CA 90265

32752 Pacific Coast Hwy

Malibu, CA 90265

  • 88 days on market
    • Price drop $4,550,000↓
A picture-perfect California hacienda on Encinal Bluff, this stunning estate sits at the end of a long tree-lined drive, where it commands majestic views and undisturbed privacy, complete with Richard Landry plans for a new 7,200 SQ Ft. 5-bedroom, 7-bath estate with City of Malibu permits. More than 2.6 acres of mature trees and manicured lawns frame vistas that take in Point Dume, Palos Verdes, islands, ocean, shoreline, and sunsets galore. Designed and updated for luxurious living and expansive indoor-outdoor entertaining, the home combines materials and construction of unique quality and character: high ceilings with exposed beams and skylights, large wood-framed windows, Saltillo tile and hardwood floors, fine cabinetry, and exquisite Malibu tile. Natural light enlivens every room for an ambiance of harmonious elegance. Built on a single level with seamless flow provided by an open layout and wide doorways onto ocean-view patios, this is a residence of great sophistication and style. A huge ocean-view great room has an attached sunroom and generous space for fireside entertaining and dining. This opens onto a sheltered porch for outdoor dining and onto a large patio with another pergola-shaded dining area. The kitchen, with an extra-wide sliding door onto the patio, barbecue area, and gorgeous views, is both a culinary masterpiece and a congenial gathering place. It has dual skylights, a large island with bar seating, top-quality appliances, granite countertops, wine storage, and handsome custom cabinets. The main house has four bedrooms, including a serene primary retreat, plus a guest suite. The ocean-view primary suite has a rustic stone fireplace, a sitting area, an impressive walk-in closet, a beautiful tiled bath, and doors to the backyard. Additionally, toward the front of the property is a three-bedroom, two-and-a-half-bath guest house with a living room, dining area, full kitchen, and laundry. The blufftop backyard features a wide lawn with breathtaking views and a private stairway to the beach below. In addition to open and covered patio areas, there is a lovely and private pool, Jacuzzi, and sauna. Meticulously updated, with a celebrity pedigree, this is one of Western Malibu's most treasured addresses.

Details

Property type

Single Family Residence

Est. home value

$9,832,728

Lot size

2.6337 acres

Price per sq ft

Unknown

Year built

1955

HOA

No

Price History

10/24/2024
CLAW

CLAW #24430367

Price change
$29,950,000
-13.19%
08/21/2024
CLAW

CLAW #24430367

Listed
$34,500,000
+15.02%
08/18/2024
CLAW

CLAW #24364749

Removed
$29,995,000

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

The Hal Marshall Sears Revocable Trust

Loan start date

December 2023

Original loan amount

$1,000,000

Est. remaining balance

$718,671

Interest rate

7.76%

Loan type

New Conventional, 3 year

Seller

Pacific Highway Sunshine Llc

Lender

Hall Marshall Sears Revocable Trust

Loan start date

August 2023

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

6.69%

Loan type

Commercial, 3 year

Seller

Pacific Highway Sunshine Llc

Lender

Hal Sear

Loan start date

March 2023

Original loan amount

$1,500,000

Est. remaining balance

$700,727

Interest rate

6.13%

Loan type

New Conventional, 3 year

Seller

Pacific Highway Sunshine Llc

Lender

The Marvin T Oishi Trust

Loan start date

November 2022

Original loan amount

$6,000,000

Est. remaining balance

$2,135,014

Interest rate

6.7%

Loan type

New Conventional, 3 year

Seller

Pacific Highway Sunshine Llc

Lender

5Th Street Capital Inc

Loan start date

April 2022

Original loan amount

$3,000,000

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

New Conventional, 40 year

Seller

Pacific Highway Sunshine 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: 11/22/2024 at 7:45 PM

Listing updated: 10/24/2024 at 9:35 AM

Listed by: Christopher Cortazzo, Compass Phone #: (310) 230-5744

MLS: CLAW #24430367

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