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!
|DAYS ON MARKET||152||LAST UPDATED||6/20/2022|
|GARAGE SPACES||2.0||COUNTY||Los Angeles|
|STATUS||Active||PROPERTY TYPE(S)||Single Family|
|School District||Santa Monica-Malibu Unified|
|Prior to Jun 20, '22||$25,000,000|
|Jun 20, '22 - Today||$18,000,000|
|INTERIOR||All Bedrooms Down|
|LOT DESCRIPTION||Back Yard|
|SEWER||Septic Type Unknown|
|VIEW DESCRIPTION||City Lights,Hills,Mountain(s),Ocean,Panoramic|
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/26/22 10:47 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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