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Size
6.07 Acres
Exterior
Financial
$15,000,000
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Listing Details
Land
Property type
7401625
Web Id
23-265981
MLS ID
503
Days Posted
Description
28517 Pacific Coast Hwy,
Malibu,
CA
90265
Malibu, CA 90265
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
This is an Active listing.
Broker Office Phone Number: 310-230-5744
Copyright © 2024TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 310-230-5744
Copyright © 2024TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Price History
date | price | variance | type |
---|---|---|---|
5/11/2023 | $15,000,000 | - | Listed |
Listing By: Compass via Data Source: TheMLSCLAW
listing agent: Tony Mark