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Tue

Jun

Wed

Jun

Thu

Jun

Eric Arzaga

LPT Realty

ericarzaga@thehausrealtygroup.com +1(310) 346-2147

$ 2,895,000

Est. payment | -/mo

2 Beds

2 Baths

1,628 SqFt

Save Video Tour

$ 2,895,000

Est. payment | -/mo

Save Video Tour

2 Beds

2 Baths

1,628 SqFt

OPEN HOUSE

Sun Jun 22, 2:00pm - 5:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,628 sqft

Price per Sqft $1,778

MLS Listing ID 24400833

Bedrooms 2

Full Baths 2

Condo Fees $200

Construction Status Fixer,Repairs Cosmetic

HOA Fees $200/ann

HOA Y/N Yes

Year Built 1979

Lot Size 2.029 Acres

Property Sub-Type Single Family Residence

Property Description

Presenting the ocean view, private, gated compound of renown Sculptor and Printmaker Eugene Sturman. First time on the market in almost 50 years. Located within a coveted gated neighborhood, this property features magnificent ocean views and magical sunsets overlooking Pt. Dume. Calling all Artists, Musicians, Writers, Filmmakers, Creative Visionaries & Car Collectors, to re-imagine this Diamond in the Rough with 3 separate structures. Live in one, rent out the other, and work in a huge, light filled 2-story art studio with high ceilings and concrete floors. Situated on 2.03 acres behind the gates of W. Saddle Peak Rd., the drought-tolerant landscape features succulents, cacti, pepper trees, eucalyptus, ash, oleander, live oaks, manzanita, acacia, toyon stone pines and ceanothus trees, yellow blooming desert broom along with an abundance of purple blooming, pride of madeira and many other succulents, accentuating the dramatic rock formations. The property consists of 3 separate Structures: STUDIO A (closest to Loma Metisse Rd.) is used as a sculpture studio and is open for interpretation and your imagination. Comprised of a "footprint" of approximately 1,450 sq. Ft., there are two stories, with about 1,000 sq. ft. of "crawl space", 6-8' in height, currently used as storage and undeveloped, beneath. Underneath the office / drawing room, which is about 400 sq. ft., is a Garage with concrete floors, for 2 smaller cars. No bathroom, but the building does have water. MAIN HOUSE: 2 Beds, 2 baths, 2 stories. Features ocean views over Pt. Dume, approximately 1,628 sq. ft., per the Tax rolls. One bed and bath downstairs, 1+1 upstairs. The main floor comprises a kitchen, dining space, family room with fireplace, a great room also with fireplace, all opening to a charming garden patio with outdoor kitchen and seating area. You could potentially add a floor above the living room area to enclose a 3rd bedroom on the second floor. STUDIO B / Guest House (building at top of property) has a footprint of approx. 1,450 sq. ft., 2 story living quarters, with a kitchen and laundry downstairs (approx. 450 sq. ft.) and a bedroom and bathroom upstairs, also approx. 450 sq. ft. There is an attached work studio which adds another approx. 1,000 sq. ft. of usable space. Could house a car collection for example, or be a sound studio, etc. Built in 1979, this mesmerizing property is a cosmetic "fixer" with a TON of potential, and HUGE income possibilities. Live your Malibu dream in nature and fresh air. 15 min. to Malibu Canyon with easy access to the 101 freeway, or go down Piuma to Rambla Pacifico, to Las Flores Canyon to Malibu beaches, Pacific Coast Hwy., Schools, Shops, Farmers Market. You can also cut through to Topanga Canyon by following W. Saddle Peak to Tuna Cyn to Fernwood Pacific. Great hiking and equestrian nearby. Priced to sell!

Location

State CA

County Los Angeles

Area C33 - Malibu

Zoning LAC11*

Rooms

Other Rooms Guest House

Interior

Interior Features Ceiling Fan(s), Separate/Formal Dining Room, Loft, Workshop

Heating Central, Wall Furnace

Cooling Central Air, Gas

Flooring Brick

Fireplaces Type Dining Room, Family Room, Great Room, Living Room, Wood Burning

Furnishings Unfurnished

Fireplace Yes

Appliance Barbecue, Dishwasher, Gas Cooktop, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer

Laundry Inside, Stacked

Exterior

Parking Features Covered, Door-Multi, Driveway, Garage, Private, Storage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Gated

View Y/N Yes

View Coastline, Canyon, Park/Greenbelt, Ocean

Roof Type Rolled/Hot Mop

Porch Open, Patio, Stone

Attached Garage Yes

Total Parking Spaces 11

Private Pool No

Building

Faces West

Story 1

Entry Level Two

Sewer Septic Type Unknown

Architectural Style Contemporary

Level or Stories Two

Additional Building Guest House

New Construction No

Construction Status Fixer,Repairs Cosmetic

Schools

School District Santa Monica-Malibu Unified

Others

Senior Community No

Tax ID 4453025013

Security Features Gated Community

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Lee LaPlante • Coldwell Banker Realty

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(310) 346-2147

ericarzaga@thehausrealtygroup.com

10620 Treena St, San Diego, CA, 92131-1140, USA

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190 Loma Metisse RD Malibu, CA 90265