tomo logo

$5,550,000

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

  • 7 days on market
Sensational Mediterranean Villa with charming detached guest house. Offering some of the best panoramic ocean views in all of Malibu. Located on a quiet cul-de-sac street in serene western Malibu. Conveniently close to local schools, beaches and the gourmet Vintage Market. This custom built home is gated, private and secure. It features a comfortable living room with tall beamed ceilings, hard wood floors and walls of glass letting in natural sunlight and beautiful ocean views. There is a gourmet kitchen with semicircular island, custom lighting, and high end appliances. The kitchen is open to an adjacent family room and also opens out to a trellised covered deck - perfect for barbecuing, al fresco dining or just relaxing and watching the sun set into the sea. There is a generous primary suite with curved windows, spectacular views and its own private deck. Plus three additional guest/kid's rooms. Separate from the main living quarters are a private office and studio guest apartment. Across the drive is a fully equipped detached guest house with its own ocean view deck. The property has ample parking and offers a variety of charming features like hand painted tiles, lush tropical landscaping, and hand laid stone pathways. It is designed to be fire safe with its own water storage tank, hydrant, sprinkler system and more. All perfectly suited for a safe and secure live and work at home Malibu lifestyle! Also available for lease at $30k month.

Details

Property type

Single Family Residence

Est. home value

$6,101,756

Lot size

0.6799 acres

Price per sq ft

$957

Year built

1992

HOA

No

Price History

01/15/2025
CLAW

CLAW #25483506

Listed
$5,550,000
-7.42%
10/16/2024
CLAW

CLAW #24379929

Removed
$5,995,000
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

$538,619

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: 01/22/2025 at 6:30 PM

Listing updated: 01/15/2025 at 4:50 PM

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

MLS: CLAW #25483506

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