Malibu, CA90265
7 Bedrooms | 11 baths | 8272 sqft | MLS# SR25116353
Tract:
For Sale $7,350,000
Description
Sale is subject to Bankruptcy Court approval and overbid; property to be sold "as-is". INTERESTED PARTIES CAN OVERBID IN BANKRUPTCY COURT VIA ZOOM AT 1:00P.M. ON 7/15/25. NO LATER THAN COMMENCEMENT OF THE HEARING, YOU MUST DELIVER: 1.) WRITTEN OVERBID FOR NOT LESS THAN $7,350,000; 2.) CASHIER’S CHECK PAYABLE TO JEREMY W. FAITH, CHAPTER 7 TRUSTEE FOR $220,500; 3.) WRITTEN PROOF OF FINANCIAL ABILITY TO CLOSE THE SALE IN A FORM ACCEPTABLE TO TRUSTEE. ALL CONTINGENCIES MUST BE WAIVED. BUYER IS PURCHASING PROPERTIES ON SAME TERMS AND CONDITIONS AS SET FORTH IN CURRENT SALE AGREEMENT. CALL LISTING AGENT FOR COPIES OF 1.) TRUSTEE’S MOTION FOR ORDER AUTHORIZING SALE (CONSISTS OF 4 PDF FILES); 2.) DISCLOSURES; 3.) DOCUMENTS FROM BOTH HOA’S. Sale to include two parcels totaling 8.58 acres, transfer to be concurrent. Privately gated 8272 square foot villa with panoramic ocean views. Entertain with ease; Multiple living rooms, chef's kitchen, formal dining, media room/theater, gym, recording studio. Premium quality construction with the finest materials. Live like royalty in the metropolis that is this manse. The structure stood strong, and the natural landscape and wildlife in the area is mostly unscathed, despite the recent fire in the area. The property is within a small enclave of mansions behind private 24-hour manned guard gate. Membership to Lower Rambla Road Owners Association is required for access. $1000 transfer fee, $2200 annual dues. Additionally, membership is required to the Malibu La Costa Beach and Tennis Club - annual dues are $900. Due to the fire and the court's order to liquidate this asset, this is a rare opportunity to buy at price discounted from $30,000,000 (a prior list price). Information is not guaranteed - buyer to verify.
Facts
Single Family Residence | Built in 2001 | Lot Size: 373744.80 sqft | HOA Dues: $0/month
Features
2 Staircases,Balcony,Bar,Built-in Features,Ceiling Fan(s),Coffered Ceiling(s),Elevator,Granite Counters,High Ceilings,Open Floorplan,Storage,Wet Bar,Wired for Data
Listing provided by Nona Green, Coldwell Banker Realty
Based on information from California Regional Multiple Listing Service, Inc. as of July 2, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
