Last Updated: 3/25/2017 10:05 AM
Description for 27523 Pacific Coast Highway Malibu, CA 90265
Rarely found in the luxurious seaside community of Malibu, the ability to build a significant family estate and office compound on five ocean view acres just across from Paradise Cove. The potential development of this property for a single user would create one of the largest estates in the Winding Way area. This opportunity consists of an original ranch home, two contiguous lots with two Coastal Development Permits (CDPs) approved for a Total Development Square Footage (TDSF) of 14,691 sq.ft. with the potential to develop an additional 5,000 sq.ft. for a TDSF approaching 20,000 sq.ft. This scale of potential development is like no other property being offered in Malibu today. Includes APN # 4460-008-054, all reports, studies and plans on file with the City of Malibu. Listing agents accompany all showings.
Exterior / Lot Features
Greater Than 1 Acre, Horse Property
Current market conditions for 27523 Pacific Coast Highway
Active Market Trends
Median list price$3,825,000
Days on market158
Properties for sale248
Sold Market Trends
Median sold price$2,844,000
Sales to list price9,524.0%
Median sq ft price$844
Arrows indicate 90 day trend
Listing Price History for 27523 Pacific Coast Highway
Malibu Real Estate
Malibu is located in California. Malibu, California 90265 has a population of 12,965.
The median household income in Malibu, California 90265 is $130,432. The median household income for the surrounding county is $55,870 compared to the national median of $53,482. The median age of people living in Malibu 90265 is 50.2 years.
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