28811 Pacific Coast Highway Malibu

28811 Pacific Coast Highway Malibu Rare investment and development opportunity in Malibu - first time on the market in 40 years. 11 bedroom 7 bath house on 5.9 acres approved for 3 lots.

10/09/2018

Offered at $7,500,000, this tranquil property with easy access to PCH not only has a large house impossible to build under today's standards but is City of Malibu approved for a 3-lot parcel map. Must be seen to appreciate the potential!

First time on the market in 40 years! This 5.9 acre ocean/queen's necklace view estate site has valuable City of Malibu ...
10/09/2018

First time on the market in 40 years! This 5.9 acre ocean/queen's necklace view estate site has valuable City of Malibu approval for a 3-lot subdivision, each parcel with an ocean view. Existing 11 bedroom 7 bath home on the property has a recently renovated kitchen and hardwood floors throughout. Private front driveway off of PCH and rear entrance off of Galahad Drive. This property is horse-zoned and has a variety of fruit trees. Guest house with private yard and plenty of parking. Remodel the existing home and keep as a large equestrian property, vineyard potential, build two new houses, etc. etc. - the possibilities are endless!

Address

28811 Pacific Coast Highway
Malibu, CA
90265

Telephone

+13107535310

Website

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