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$5,995,000

Beds
6
Baths
5.0
sq ft
5,800

4240 Avenida de la Encinal, Malibu, CA 90265

4240 Avenida de la Encinal

Malibu, CA 90265

  • 84 days on market
This sensational hilltop estate offers some of the very best ocean views in all of Malibu. Located on a quiet cul-de-sac street in western Malibu, the property is surrounded by nature and backs up to hundreds of miles of pristine parkland. It is just two minutes away from PCH yet has no highway noise - just the sweet sounds of nature. Gated and secure, impressive hand painted tiles, risers, and tropical landscaping welcome you to enter through the handcrafted antique doors. Inside are giant exposed beam ceilings, and an entry skylight towering 23 feet above the foyer. The main entertaining space includes an expansive great room, walled with floor to ceiling windows and walls of glass that let in abundant natural light and reveal stunning ocean views. The heart of the home is its spacious kitchen with semicircular island, and adjoining dining and family rooms. The kitchen opens out to a trellised deck perfect for barbecuing, al fresco dining and watching the sun set behind the Channel Islands. There is a generous primary suite on its own wing, as well as three additional guest/kid's rooms. Separate from the main living quarters is a private office with inspiring views in every direction. Plus, there are two fully equipped guest units - one an apartment below the main residence, and the other a detached guest house across the main drive. The property is a beautiful mini compound well suited to a live and work at home lifestyle. Its sensational architecture and design coupled with the surrounding natural beauty and incredible ocean views make this a special place to call home.

Details

Property type

Single Family Residence

Est. home value

$6,101,756

Lot size

0.6799 acres

Price per sq ft

$1,034

Year built

1992

HOA

No

Price History

04/17/2024
CLAW

CLAW #24379929

Listed
$5,995,000

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

Quicken Loans Llc

Loan start date

April 2021

Original loan amount

$688,900

Est. remaining balance

$562,870

Interest rate

2.34%

Loan type

New Conventional, 15 year

Seller

Gary Wilstein and Kathryn Wilstein

Lender

Ubs Bank Usa

Loan start date

November 2016

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Gary Wilstein and Kathryn Wilstein

Lender

Morgan Stanley Credit Corp

Loan start date

December 2006

Original loan amount

$750,000

Est. remaining balance

Not provided

Interest rate

6.11%

Loan type

Credit Line (Revolving), 10 year

Seller

Gary Wilstein and Kathryn Wilstein

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: 07/10/2024 at 9:50 AM

Listing updated: 06/21/2024 at 7:43 AM

Listed by: Mark S. Gruskin, Westside Estate Agency-Malibu Phone #: (310) 456-1171

MLS: CLAW #24379929

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