The Best Bank Owned Home For Sale In Malibu?
7 October 2010 · by Mike Gardner Malibu Real Estate Agent 310-699-8428

There are currently 14 Malibu homes for sale on my bank owned, REO, or short sale list. All you have to do is email me and I can send you the list. E-mail Me!
There’s a deal to be had if anyone is looking for a large estate perched on a bluff right above the water! The property at 33730 Pacific Coast Highway was listed in 06 at $20,000,000 and has now become a bank owned sale at $10,999,000. That’s a serious half off sale! The home has a bonus parcel behind it with it’s own building potential. The property is located about half a mile south of Leo Carillo and has stairs to the sand. There are numerous surf breaks located within paddling distance of the home. Here’s he MLS info” ***REDUCED AGAIN! *** THIS BANK OWNED ESTATE IS PRICED TO SELL. BEAUTIFUL GATED ESTATE LOCATED ON THE ENCINAL BLUFFS. THIS BEACH HOME HAS RECENTLY UNDERGONE THE TRANSFORMATION INTO A STUNNING ITALIAN COUNTRY BEACH ESTATE CONSISTING OF TWO LEGAL LOTS TOTALING OVER 1.6 ACRES. POSITIONED TO TAKE FULL ADVANTAGE OF THE PANORAMIC OCEAN AND COASTLINE VIEWS WITH EXPANSIVE BEACH SIDE DECKS FOR ENJOYMENT AND ENTERTAINING. TAX INFORMATION SHOWS THE RESIDENCE AS A 4 BEDROOM AND 3 BATH HOME, ACTUAL CONFIGURATION IS 3 BEDROOMS, 3.5 BATHS AND AN OFFICE/DEN. THE RESIDENCE IS LOCATED ON THE LOWER OF TWO PARCELS WHILE THE UPPER PARCEL MAINTAINS IT’S OWN DEVELOPMENT POTENTIAL. THIS IS A VERY SPECIAL PROPERTY AND PRICED EXTREMELY WELL AS A BANK OWNED PROPERTY”

Call 310 699 8428 for an appointment to view the home or any other bank owned homes in Malibu.


Listed With Marcus Beck Prudential Malibu

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