Italian Villa sold in gated community Calabasas

Recently sold in the gated community of The Oaks in Calabasas was this spacious Italian Villa with 5 bedrooms and 6 baths measuring 6745 sq. ft of living space on an over 21000 sq. ft with pool, spa, pond and fountains and two large outdoor living spaces with tons of privacy.

25411Pradobbq

Picture 1 of 3

 

The home also features an inside courtyard, travertine flooring, a well appointed granite/stainless kitchen  with a large center island,  Sub Zero, desk area, breakfast and family room.with fireplace. The Master Suite  also with a fireplace had  walk-in closets, a sitting room, outdoor balcony overlooking city lights/mountain views, 2 bathroom wings,  soaking tub, massage room or private gym all of this was at opposite ends of the other 3 bedrooms wing. The Oaks is a highly desirable 24-hour guard gated community where many celebrities choose to purchase a home. The amenities are a professional gym, olympic size pool, tennis courts on-site facilities office, meeting center and more. the featured home was a great buy at $3,335,000. I represented the buyer.

Calabasas has an interesting history Miguel Leonis acquired the ranch through marriage to an indian woman in the 1830’s. the full history can be read in the city of Calabasas site. The area has outstanding public schools as well as private. City of Calabasas is smoke free. Live music can be heard at The Six and Sagebrush Cantina.

 

 

Sunset Strip new construction

The Sunset Strip new construction was built in 2014. It is a modern 3 story pad with a pool on the rooftop. The foyer has a cascading waterfall and a river rock water feature. Adjoining is level is the home theater a 3 car garage and the elevator. The bedroom level has 2 guest rooms a large master with a well appointed bathroom and dressing room. The listing price is $4,399,000 and was just shown on broker preview this Tuesday.

 

 

Zestimate Home Values

Zestimate home values are terribly unreliable on pricing home sales and home values in general. As a broker I have know this since Zillow first started showing up on the web over 6 years ago. Though this site is accessed by many buyers and sellers alike it is inaccurate in estimating home values. Buyers as well as sellers get confused. I am not surprised. Check out this recent online valuation that was generated on sold listings while I was doing an Comparative Market Analysis (CMA) with my business partner, Phillip Bailey, for a property we will be listing at the exclusive Peninsula Point area of Newport Beach. The sold Zestimates ( Z for Zillow ) are 18% to over 30% off from the actual closing price.

Zillow Valuation 11 2014

Location, interior finishes and views can not be put into a formula. It still takes a professional agent or broker to do it right! Contact me for an evaluation anytime. I hope you had a great Thanksgiving.

For sale on the beach

For sale on the beach is this home in Malibu. It has not been on the market for 27 years and is a tri-level home with a ceiling height that cannot be duplicated by current beach front height limitations. Though the records show that the property has only one bedroom it actually measures 3218 square feet (as per tax records) and has 3 levels of living space. A good designer will be able to create a stunning residence for the future buyer. Located in Malibu on La Costa Beach which is West of Dukes restaurant and south of Carbon Beach in Malibu where the Malibu pier is located. A rare find well worth the $8.5 Million it is listed at by Prudential Malibu Realty.

Malibu Celebrity Beach Retreat

This Malibu celebrity beach retreat for sale is on Malibu’s widest and longest stretches of beach has never been on the market before. Built-to-suit by it’s owners, the Cape Cod mini estate was built to entertain close friends in an intimate setting.

As you enter through an tall gate built with privacy in mind, you walk along a shaded path to the side of the garage. Above this garage is a large guest house with pitched ceilings, brick fireplace, country kitchen, a spacious bath and a large ocean view  deck. Just beyond the garage with room for an extra long limo,  is a garden with a fountain and ample area to entertain family and friends.

As you enter the residence you walk to the living room through Dick Martin’s old office with the kitchen and dining area to the left.  The living room has intimate seating and a fireplace.  Beyond it,  you step out to the beach front patio with lounges and tables for dining outdoors, followed by a walkway between succulent covered sand dunes, and the beach beyond.

The upstairs is solely dedicated to a masters suite with an elevator access to the beach. Listed by Phil Bailey & Melanie Berlind and Co-listed with B. Hayward at Coldwell Banker.

Ultimate Bluff Estate Site In Malibu

 

Cliffside view

This ultimate bluff estate site in Malibu is the best view I have seen in Malibu. A client had asked me to take some additional photos. It will come up for standard auction not a foreclosure action soon. Opening bid is $9.55 Million. The land is 59,563 sqft with 200 feet of bluff. The house needs to be remodeled, if not constructed new, but this view is worth the time and effort. Listed by WEA.

Phillip Bailey to join MB Real Estate & Design

Phillip Bailey, a long term Malibu broker know for his years of high end sales of Malibu beach front properties on Broad Beach Rd in Malibu is joining MB Real Estate & Design. Among clients he has represented are well know individuals in the motion picture industry, entrepreneurs and CEO’s. Frank and Barbara Sinatra, Grant Tinker, Robert Redford, Barbara and Ruth Jones, just to name a few.

Phillip B