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