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Acreage For Sale
28517 Pacific Coast Hwy
Malibu, California 90265
Los Angeles County Ocean View: YesCommunity:
$15,000,000
6.066 acres
This exceedingly rare opportunity is the only available property zoned for multi-family use in all of Malibuprised 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
- Lot Size: 6.066 acre
- Lot Dimensions:
- View Types: Mountain, Ocean
- MLS #: 23-265981
Ad Number: 3799667
Viewed 84 times.
Updated: Nov 16, 2023
This property is a Acreage located at 28517 Pacific Coast Hwy, Malibu, California 90265, and is currently For Sale at $15,000,000.
Listing Agent: Tony Mark, Compass, 310-230-5744, 310-230-5744
Listing Site, Listing Status: Active
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