tomo logo

$4,995,000

Beds
3
Baths
2.5
sq ft
2,577

5787 Calpine Dr, Malibu, CA 90265

5787 Calpine Dr

Malibu, CA 90265

  • 267 days on market
    • Price drop $105,000↓
Newly built home in prestigious Malibu Park! A private road leads to the beautiful 2-story architectural light & bright home situated on 1.09 acres with mature trees and gorgeous landscaped gardens. European design and finest finishes throughout make this home exceptional. European white oak flooring, travertine, marble and granite in 2 bathrooms and powder room, Italian designer lighting, and solid Mahogany doors. Soaring ceiling, wide wrap-around balconies, every room with a view to Tuscany like gardens and some ocean view. Open floor plan Chef's kitchen , Mont Blanc Quartzite countertops and backsplash, walk-in pantry , breakfast nook, dining area, living room with stylish gas fireplace adjacent to media room , opening up to a morning sun deck. On lower level master bedroom and guest bedroom each with a balcony and ensuite bathroom, 3rd bedroom / office has a private entrance with landing, steps to parking. Separate laundry room and workout room with side door to garden. Solar System with 30K battery bank supplies home with electricity, with option to use SCE grid power, underground utilities. The 2-car garage is wired for EV Charger. Additional Guest parking 6 cars. Central heat and A/C, WiFi Nest Thermostat, WiFi Irrigation. The patio garden invites to enjoy the warm California sunshine days outdoors, simply relaxing or for BBQ and entertaining. A separate bedroom cottage and fully equipped kitchen cottage w/ outdoor shower add to the living space available on property. Rejuvenate in the Spa under the stars, while listening to the surf. The foundation of the house is constructed on 13 caissons with associated grade beams, has a huge semi finished crawl space with 15' ceiling that can be used as a gym, hobby room, or storage. There is room for pool, detached garage or guest house. Close to Malibu's pristine beaches, restaurants, schools, Trancas Market and Point Dume market Center.

Details

Property type

Single Family Residence

Est. home value

$3,970,699

Property condition

New Construction

Lot size

1.0952 acres

Price per sq ft

$1,939

Year built

2021

HOA

No

Price History

04/24/2024
CLAW

CLAW #24346041

Price change
$4,995,000
-2.06%
01/22/2024
CLAW

CLAW #24346041

Listed
$5,100,000

Schools & Community

Neighborhood: 

Malibu Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Jmc 2006 Estate Trust

Loan start date

June 2023

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

6.27%

Loan type

Stand Alone Second, 3 year

Seller

Jeffrey Pease and Tina Pease

Lender

Washington Mutual Bank

Loan start date

April 2007

Original loan amount

$355,000

Est. remaining balance

Not provided

Interest rate

6.01%

Loan type

Credit Line (Revolving), 30 year

Seller

Jeffrey Pease and Tina Pease

Lender

Washington Mutual Bank Fa

Loan start date

April 2007

Original loan amount

$1,325,000

Est. remaining balance

Not provided

Interest rate

6.15%

Loan type

Not Provided, 30 year

Seller

Jeffrey Pease and Tina Pease

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: 10/04/2024 at 8:05 PM

Listing updated: 09/30/2024 at 10:00 PM

Listed by: Jeffrey Pease, KW Advisors Phone #: (310) 774-3800

MLS: CLAW #24346041

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