tomo logo

$6,450,000

Beds
7
Baths
10.5
sq ft
8,558

4800 Latigo Canyon Rd, Malibu, CA 90265

4800 Latigo Canyon Rd

Malibu, CA 90265

  • 225 days on market
    • Price drop $450,000↓
Commanding views in the Malibu hills, of the Pacific Ocean and Point Dume, just 5 minutes up Latigo Cyn., on over five acres, 4800 Latigo Canyon Road, embodies the epitome of luxurious coastal living. With whitewater ocean, mountain, and canyon panoramas, this private Tuscan estate offers a serene escape from the ordinary.In this approx. 8,558 square foot estate, the main residence features five en-suite bedrooms, each meticulously designed with travertine and alder floors, plus a 2 bedroom and 2 bathroom guest house. The heart of the home is a chef's dream kitchen equipped with top-of-the-line Wolf appliances, double ovens, and a spacious center island, seamlessly flowing into the inviting family room. There is a formal living room complete with a cozy fireplace and awe-inspiring views of Point Dume plus, two den areas, a formal dining room and multiple patio and deck areas. Retreat to the expansive primary suite featuring a private balcony, dual walk-in closets, a lavish spa tub, and an oversized glass mosaic-tiled shower.There is a fully-equipped gym, a state-of-the-art theater room, and a detached guest house boasting two bedrooms and baths. Outside, immerse yourself in the infinity pool, rejuvenating spa, and ample space for al fresco gatherings. This sprawling estate, has a three-car garage, large and fenced yard with further views of the vistas of the Malibu hills and ocean. A true Malibu Mediterranean gem.

Details

Property type

Single Family Residence

Est. home value

$6,796,109

Property condition

Updated/Remodeled

Lot size

5.0754 acres

Price per sq ft

$754

Year built

2010

HOA

No

Price History

11/01/2024
CLAW

CLAW #24374943

Price change
$6,450,000
-6.52%
08/30/2024
CLAW

CLAW #24374943

Price change
$6,900,000
-7.38%
04/10/2024
CLAW

CLAW #24374943

Price change
$7,450,000
-6.82%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

High school district: 

Santa Monica-Malibu Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$3,149,869
Asking price
$6,450,000
Closing costs (~8% of asking)
-$516,000
Est. remaining loan balance
-$2,784,131
Cash to seller
$3,149,869

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Greenbox Loans Inc

Loan start date

May 2021

Original loan amount

$3,000,000

Est. remaining balance

$2,784,131

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Jerry Kowal

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: 11/14/2024 at 2:35 PM

Listing updated: 10/31/2024 at 7:15 PM

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

MLS: CLAW #24374943

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