27535 Pacific Coast

MALIBU, CA, 90265

$18,000,000

$10,404 per ft²
$18,000,000
$10,404 per ft²
Active
Active
 - For Sale
beds
3 Beds
baths
2 Baths
carpenters-square
1,730 ft²
property_type
Residential
calendar
Built 1958
Once in a great while, a unique real estate opportunity presents itself - one that s just too good to pass up. When that happens, the savvy investor understands the need to move quickly before someone else takes advantage of it first. Now is one of those extraordinary times. In terms of scale, there s nothing else like this property being made available in the storied seaside community of Malibu. A rare combined offering, it comprises two highly desirable legal parcels (27535 Pacific Coast Hwy APN: 4460-008-054 & 27523 Pacific Coast Hwy APN: 4460-008-053) totaling nearly six acres in size, both featuring fantastic ocean and mountain views. From one, you can see the whitewater at Point Dume. With the luxury and luster of Malibu at your fingertips, there couldn t be a better setting for anyone who s ready to immerse themselves in the laid-back coastal lifestyle on a permanent basis. Imagine being surrounded by the world-renowned 21 Miles of Scenic Beauty and being able to enjoy the community s temperate Mediterranean climate year-round. For your convenience, plans have already been filed with the City and Coastal Commission to replace the existing ranch-style home with an impressive compound of Asian-inspired design private garden. This unique building is styled after The Forbidden City in Beijing, guarding the glory of your family. The renderings of the second home envision an estate that s contemporary European-style. That new construction would consist of spectacular 6-bedroom single-family residences with pools, spas, and guest houses. Should you choose to create a single dwelling, the combining of the two parcels would result in the creation of one of the largest manors in the Winding Way area. Total Development Square Footage (TDSF) approved for both together is 18,240 sq ft, with the potential to develop an additional 5,000 sq ft. Sometimes, dreams become possibilities, and when that happens, it s up to you to take that last step to turn them into reality. All that s left now is for you to bring your longtime vision to life and transform this remarkable Malibu enclave into the luxurious personal estate you ve always wanted. All relative reports, studies, and plans are on file with the City of Malibu. To review them and to visit the property, please contact the agent. Take advantage of this once-in-a-lifetime opportunity to surround yourself with unrivaled beauty and breathtaking vistas. Come take a tour while it s still available!
MLS® ID:
OC22014995MR
Listed:
1/24/22
Updated:
6/27/22

Interior Features

Total Bedrooms
3
Full Bathrooms
2
Laundry Description
Inside
Fireplace
Fire Pit
Cooling
Wall/Window Unit(s)
Heating
Central

Exterior/Building Features

Lot Size
5.62 acres lot
Sewer
Septic Tank Type Unknown

School Information

School District
Santa Monica-Malibu Unified

Other Property Details

Attached Garage
Yes
Garage Spaces
2
Parking
Y
Parking Total
2.0
View
Y
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Total Stories
1
Zoning
LCR120000*

Property History

Date
Event
Price
Value
6/20/22
Price Change
$18,000,000
-28%

 

Courtesy of Yubo Mu, Pinnacle Real Estate & Partners Inc.

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Stephen Udoff shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 6/27/22

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