Home for Sale at 340 N Kanan Dume Rd, Malibu, CA 90265

340 N Kanan Dume Rd
Malibu, CA 90265

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Property Details

List Price:	$39,000,000
Beds:	5
Baths:	6
Status:	Active
SqFt:	7644
Agency:	Coldwell Banker Realty

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Description/Comments

Lot Size:	37 acre(s)
Property Type:	Residential
Year Built:	2009
Notes:	Welcome to Malibu Rocky Oaks, a landmark vineyard estate situated on over 37 acres of verdant rolling hills and terraces in the heart of Malibu wine country. This remarkable estate is situated behind grand custom iron gates, up a wide apx. 350 foot long driveway, and perched on a knoll overlooking breathtaking views of the Malibu canyons, peaks, and the Pacific Ocean. Designed by renowned architect Bob Easton, AIA, this one-of-a-kind stone-clad Tuscan villa consists of over 7,600 sqft of living space offering grand scale living with elegant proportions and infinite possibilities for entertaining and opulent year-round indoor-outdoor living. Offering the perfect blend of old-world elegance and European quality with modern luxury and amenities, the home has been designed to maximize the natural light and showcase the encompassing and expansive views throughout. Enter into the formal foyer, past the formal dining room and into the expansive great room with cathedral ceiling, towering stone fireplace, and surrounding walls of glass leading to the incredible observation decks. The gourmet commercial-grade kitchen features professional appliances, "eat-in" island, and adjacent butler's pantry. The luxurious primary suite features a spa-like bathroom, salon, generous walk-in closets, and private terrace with fireplace. There are three additional guest bedrooms suites plus staff quarters as well a media room, elevator, spectacular roof-top observation deck with 360 degree views, spacious three-car garage and oversized guest parking. The exterior features include wrap-around decks, loggia with fireplace, dining area, beautiful infinity edged pool and spa, and circular observation pad. The property consists of over 37 acres of picturesque grounds including apx. 9 acres occupied by the Malibu Rocky Oaks Vineyard which produces several award-winning varietals. Established in 2003, the legacy of this vineyard has flourished. This vineyard is one of more than fifty vineyards located in the esteemed Malibu Coast American Viticultural Area where the first known Malibu Coast vineyard was planted in the early 1800's. The Malibu Coast American Viticultural Area's nutrient-rich soil and Mediterranean microclimate allow the ideal conditions for growing premium wine grapes. Malibu Rocky Oaks Vineyard is one of the region's most acclaimed vineyards producing award winning wines that have gained recognition for their quality. A must see for any discerning buyer looking for a spectacular Villa estate.
MlsNumber:	24-392507

Listing Provided By:	Coldwell Banker Realty, original listing
Name:	Coldwell Banker Realty
Phone:	(800) 500-4053
Office Name:	Coldwell Banker Realty
Office Phone:	(310) 777-6200
Agent Name:	Jade Mills
Disclaimer:	Copyright Â© 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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.

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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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