Property listed by Coldwell Banker Realty, Lee LaPlante 310-457-6550
$2,895,000
Presenting the ocean view, private, gated compound of renowned 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 &… Read More 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! Read Less
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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