Description
Sale is subject to Bankruptcy Court approval and overbid; property to be sold "as-is". 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.
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7BEDS
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8.58ACRES
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10BATHS
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11/2 BATHS
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8,272SQFT
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$961$/SQFT
School Information
Description
Sale is subject to Bankruptcy Court approval and overbid; property to be sold "as-is". 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.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-06-24T14:34:21.847. 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 deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.