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27218 Pacific Coast Hwy
Malibu, CA 90265
$21,500,000
Conventional
Property
Bedroom
3
Bathroom
4
Property Type
Conventional
Square ft
3829
Property Description
A perfect beachfront setting on a private road off Pacific Coast Highway puts this romantic contemporary residence front and center for sweeping views of the ocean, islands, and coastline from Point Dume to the sparkling lights of the Queen's Necklace.With a mid-century architectural pedigree and impeccable updates by Studio Bracket, the home is spacious, light-filled, and beautifully designed for indoor-outdoor living and entertaining. High, beamed ceilings, ocean-facing walls of glass, wood floors, fireplaces indoors and out, plus exquisite interiors by Steven Gambrel and artisan Venetian plaster work by Rex Pratt create an atmosphere of tranquil refuge by the sea.At the front of the house, a private, gated courtyard with sensational landscaping by Scott Shrader welcomes visitors and provides a quiet setting for conversation and contemplation. The home's interior, with timeless architectural details, puts the focus on comfort and views.On the main floor, there is a gorgeous formal living room with a fireplace and a full wall of ocean-facing glass doors that open to an oceanfront deck for entertaining, al fresco dining, and whale watching. The adjacent kitchen is a culinary triumph, with quartzite countertops, island with bar seating, top-of-the-line appliances, including a Lacanche double oven, generous custom cabinetry with imported English hardware, a butler's pantry, and a wonderful built-in dining nook with accordion windows that open completely to the oceanfront deck. Also on the main level is a lovely den/media room with built-in shelves, an office space, and a private side deck, perfect for yoga or afternoon tea. Gated steps from this deck lead to the sandy beach below.Upstairs, three en-suite bedrooms include the romantic primary, which enjoys panoramic views from inside and from the private lounging deck, which has an outdoor fireplace and Jacuzzi. The suite has a luxurious sitting area, a spacious walk-in closet with custom fixtures, and a spa-style bath with an extra-deep soaking tub and skylight.With approximately 50 feet of beach frontage, the home has a two-car garage plus additional guest parking and numerous features for safety and comfort, including home security, custom sound, air conditioning, heated bathroom floors, Waterworks fixtures, and much more. A home of rare quality in an ideal Central Malibu setting.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1965
MLS Number
24-389097
Location
Address
27218 Pacific Coast Hwy
City
Malibu
State
CA
Zip Code
90265
County
LOS ANGELES (SANTA CLARITA)
Listing
Provider
Name
Compass
Phone
Office Name
Compass
Office Phone
(310) 230-5744
Agent Name
Christopher Cortazzo

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.