28517 Pacific Coast Highway
Malibu, CA 90265

  • – beds
  • – baths
  • – sqft
  • ~6 acre lot
  • on site

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

California Regional MLS logo Listed By CRMLS_CA / Tony Mark / Compass

Last checked: Checking… • Last updated Jan 23, 2024 •

MLS# 23265981 —

This property is listed in more than one place. See it here.

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Sale history

Date Event Source Price % Change
5/11/23
Listed / Active CRMLS_CA $15,000,000
8/22/18
Listed / Active DAMLS

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Listing provided by broker:

Tony Mark

Compass

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This land located in Central Malibu, Malibu 90265 is currently for sale for $15,000,000. 28517 Pacific Coast Highway is a – square foot land with – beds and – baths that has been on Estately for 364 days. 28517 Pacific Coast Highway is in the Central Malibu neighborhood of Malibu and has a WalkScore® of 21, making it car-dependent. This land is in the attendance area of Malibu Middle School, Malibu High School, and Juan Cabrillo Elementary School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Compass. Based on information from California Regional Multiple Listing Service, Inc. as of 05:14 on May 09.

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