28517 Pacific Coast Highway 28517 Pacific Coast Highway Malibu, California 90265 United States
28517 Pacific Coast Highway Malibu, California 90265 United States
$15,000,000
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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...
- 6.0662 Acres
- Exterior
- Land
- Property type
- 23265981
- Web Id
- 23265981
- MLS ID
- 355
- days ago
About 28517 Pacific Coast Highway
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
Listing Courtesy of Compass
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Courtesy of Compass
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
Amenities
- Mountain View
PROPERTY INFORMATION
- View
- Mountains, Ocean
Listing Courtesy of Compass