28517 Pacific Coast Highway Malibu, CA ^$ 15,000,000

28517 Pacific Coast Highway

^$ 15,000,000

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28517 Pacific Coast Highway

Malibu, CA, 90265

^$ 15,000,000

Studio Baths0.0

Monthly Estimate*

^$ 99,695

Listed by Compass

28517 Pacific Coast Highway, Malibu, CA 90265 - Image 1

28517 Pacific Coast Highway, Malibu, CA 90265 - Image 2

28517 Pacific Coast Highway, Malibu, CA 90265 - Image 3

28517 Pacific Coast Highway, Malibu, CA 90265 - Image 4

28517 Pacific Coast Highway, Malibu, CA 90265 - Image 5

28517 Pacific Coast Highway, Malibu, CA 90265 - Image 6

28517 Pacific Coast Highway, Malibu, CA 90265 - Image 7

28517 Pacific Coast Highway, Malibu, CA 90265 - Image 8

28517 Pacific Coast Highway, Malibu, CA 90265 - Image 9

28517 Pacific Coast Highway, Malibu, CA 90265 - Image 10

28517 Pacific Coast Highway, Malibu, CA 90265 - Image 11

28517 Pacific Coast Highway, Malibu, CA 90265 - Image 12

Studio

Lots and Land for sale in Malibu, CA

for $15,000,000. The lot size is 6.0662.

This exceedingly rare opportunity is the only available property zoned for multi-family use in all of Malibu. Comprised of 2 parcels totaling 6+ acres, these flat lots are perfectly situated with tranquil ocean views on the landside of Paradise Cove and adjacent to the luxury condos at The Pointe. The large parcel is nearly 5.2 acres, and the second parcel is approximately 0.8 acres with a burnout homesite from a former ~3,004 sq. ft. residence and guest house. Per the City of Malibu's Local Coastal Program, both properties are zoned for multi-family residential allowing for 6 units per acre. Both sites are a moment's drive from the shops and restaurants at Point Dume Village and Trancas Country Market, as well as sandy beaches, highly rated schools, parks, and trails. A development opportunity of this magnitude, location, and land use designation is likely the last of its kind on the Malibu coastline. Includes APN's 4467-013-022 & -023

Lots and Land Active

Price

^$ 15,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

6.0662

Town/City

Malibu

County/Region

Los Angeles

MLS | Web ID

23265981

Days on Market

393

Features

General

Zoning LCRP

View Mountains Ocean

County Los Angeles

New Construction N

Property Type Land

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions PCH to property address.

City Malibu

View Y/N Y

Senior Community Y/N N

MLS Area C33 - Malibu

Lot Size Units SquareFeet

Lot Size Square Feet 264245.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Pacific Coast

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 257

Standard Status Active

Exterior

Total Parking 0.0

Lot Size Area 264245.0

Spa N

Lot Size Acres 6.0662

Lot Size Source Other

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Highway

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 28517

* Excluded Features

List By

Compass

Broker

(310) 230-5771

Phone

Affordability Calculator

$99,695

Per Month

Monthly Principal & Interest: $99,695
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Malibu, CA

Average List Price ^$3,091,895

Percent of Sale Price 79%

About Malibu, CA

12,918 Population

3% Since 2002

^$122,354 Median Income

47.93 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/12/2023	$15,000,000		Listed Price

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28517 Pacific Coast Highway, Malibu, CA, 90265 is a Lots and Land for sale at $15,000,000 with a lot size of 6.0662. 28517 Pacific Coast Highway is a studio with 0.0 baths. The property's zip code is 90265 which is in Malibu, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/7/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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28517 Pacific Coast Highway

Lots and Land for sale in Malibu, CA

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