Ocean Views and Income Potential from Two Separate Houses, Built by Modernist Architect Josef Van der Kar on 3.03 Lushly Landscaped Acres An Amazing Value and Malibu's Best Buy!

27313 Old Chimney Road Malibu $1,699,000   Bedrooms 4 Apx Lot Sz 3.03 Acres Baths 3 Style Architectural Apx Sq Ft 2,430 Year Built 1976         Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Information deemed reliable but not guaranteed.   Attention investors and creative visionaries: Amazing value with significant income potential! Home of 1950's modernist architect Josef Van der Kar. Includes a 2nd house, all on 3.03 acres. Main house has 3 beds, 2 baths, and a loft with extensive walkways and a bridge entry. It includes a lower apt. with 1 bed and 1 bath Apt. with a separate entry & parking. It also features a pool with Trex decking and breathtaking canyon and mountain vistas. This house is leased through 5-31-07 for $3,300/Month. The second house has 1 loft style bedroom, 1 bath, 2nd story wraparound decks with ocean and mountain views, and an unpermitted bonus room downstairs approximately 400 sq. ft. It also features a vegetable garden, green house, artist's work studio and lots of additional storage and an outdoor hot tub with views of the ocean and heated via propane, with an ozone cleaning system (no chemical additives). Catalina and Palos Verdes views by day and at night watch the twinkling city lights and the Queen's Necklace. Landscaping includes four towering redwood trees, mature 30 year old fruit trees including 3 kinds of guavas, persimmon, peach, pomegranate, fig, apple and plum. A citrus orchard including grapefuit, lemons, tangerine, orange and lime and three varieties of avocados (haas, fuerte and bacon) is located behind the main house. Josef Van der Kar worked alongside modernist masters Rudolf Schindler, Richard Neutra, Gregory Ain and Buckminster Fuller. Van der Kar's No. Kings Road house, located across from the famous Schindler house, and known as the Rootenberg/Markham house, was declared an historic landmark in 2005. The Wohlstetter House in the Hollywood Hills, known as the "House that Hangs in the Sky", landscaped by Garrett Eckbo has been prominently featured in magazine articles and architectural books for 50 years. Famed photographer Julius Schulman documented the work of friend and colleague Josef Van der Kar. Van der Kar designed Garett Eckbo's house (considered the 'pioneer of modern landscaping') on Wonderland Ave. in the Holllywood Hills. It later became the house of Governor Jerry Brown. Come and experience the amazing community and quality of Old Chimney Road. Lee LaPlante Coldwell Banker 23676 Malibu Road Malibu, CA 90265 Direct: (310) 317-8370 E-Mail: llaplante@coldwellbanker.com Web Site: www.leelaplante.com