Active
28517 Pacific Coast Hwy
Malibu CA, 90265
$15,000,000
$56.77 per sqft
Active
Land
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
23-265981
MLSⓇ ID
May 11, 2023
Listed
September 20, 2023
Updated
Map
28517 Pacific Coast Hwy
Malibu CA, 90265
Exterior/Building Features
Lot Size
6.07 acres
Other Property Details
Days on Market
11
Garage
No
Parking
No
View
Yes
View Description
Ocean, Mountains
County
Los Angeles
Pool
No
Courtesy of Tony Mark with Compass
Listing Contact:
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 Daniel Moss shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2023 Combined L.A./Westside MLS. All rights reserved.
Data last updated 9/20/2023
