Property Detail

Description

MOTIVATED SELLER: A rare location and a jewel of a home located in the premiere location on the Western side of Broad Beach. Unobstructed ocean views with a deep beachfront to the waters edge. Nearly 8800SF on 4 levels with an elevator and multiple spacious oceanview outdoor decks. The private Infinity edge pool and spa with oceanviews nearly at beach level with privacy to boot THX Certified Theater room, 2500 Bottle World Class Wine Cellar with separate tasting room, Gym/recording studio. The spacious living room, dining area, & gourmet kitchen overlook the expansive deck w/ sliding glass doors that fold away to perfectly display the sand & coastline views. Walk into an exclusive master retreat w/ a separate sitting area, grand fireplace, & beautifully done master bath w/ floor-to-ceiling marble & dual showers. Let the sound of waves crashing on the beach below lull you to sleep in this ocean sanctuary. Ideal for entertaining. You will not find a setting as tranquil, dramatic, & stunningly beautiful as this Malibu masterpiece. An additional benefit to you is a tenant is renting the property for approximately 3.5 years providing you with substantial short term income which would qualify you to 1031 exchange into the property, or optionally the tenant would vacate in 10 to 12 months from close of escrow. The Seller is open to a creative deal structure such as a part trade part cash for your SFR or multifamily property, or possible seller financing.