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Active
27535 Pacific Coast Malibu, CA 90265
$25,000,000
3 beds
2 baths
1,730 sq ft

Listing courtesy of Yubo Mu, Pinnacle Real Estate & Partners Inc..

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Anthony Marguleas

Anthony Marguleas

Founder

DRE# 01173073

Property Description

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!

Property Details & Features

Property Type

  • Single Family Residence

Year Built

  • 1958

Schools

  • Santa Monica-Malibu Unified

Bathrooms

  • 2 total bathrooms
  • 2 full bathrooms
  • 2 bathrooms on main level

Bedrooms

  • 3 bedrooms
  • 3 bedrooms on main level

House

  • 1730.00 living sqft
  • Common walls: No Common Walls
  • Levels: One
  • 1 story
  • Entry level: 1
  • Built in 1958
  • Entry location: 1

Community

  • Park

Cooling

  • Wall/Window Unit(s)

Fireplaces

  • Fire Pit

Garage

  • 2 garage spaces

Water

  • Water source: Public

Heating

  • Central

Laundry

  • Inside

Listing

  • Listing ID: OC22014995
  • 114 days on market

Location

  • MLS area: C33 – Malibu
  • County: Los Angeles

Lot

  • Back Yard
  • 5.6192 acres
  • 244,771 sqft

Parking

  • 2 spaces

Property

  • City Lights
  • Hills
  • Mountain(s)
  • Ocean
  • Panoramic
  • Zoning: LCR120000*

Schools

  • High school district: Santa Monica-Malibu Unified

Sewer

  • Septic Type Unknown

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