42500 Pacific Coast HWY, MALIBU, California, 90265

42500 Pacific Coast HWY
MALIBU CA 90265

Property

Ownership: For Sale
Bedrooms: 5 BR
Bathrooms: 5
Pets: Pets Unknown
Area: 58445 sq ft
Lot Size: 0.28 Acres

Financials

Price: $19,500,000
271 North Canon Drive Beverly Hills, CA 90210
Courtesy of Compass

Description

AUCTION: Bidding open Oct 22 to Oct 27. Currently Listed for $19.5M. No Reserve. Showings Daily 1-4PM and By Appointment. At the point of world-famous County Line surfing beach sits 42500 Pacific Coast and its neighboring 1.2-acre flat-beach buildable lot, an extremely rare offering of two of Malibu's last exquisite on-beach properties. Gaze out over unobstructed 360-degree ocean-to-mountain views and stunning sunsets, from Catalina to Channel Islands. Totaling 180 feet of beach frontage, the opportunity to create a rare compound is yours. The existing 5,000-square-foot house boasts oversized windows, a formal dining room with soaring ceilings, grand-scale entertaining spaces, and one of the largest roof decks in all of Malibu at 2,000 square feet. Next door, the low-bluff lot waits for you to expand your ideal Southern California lifestyle. Whether you dream of adding a pool and tennis court to the existing home, constructing an exclusive long-term summer rental for economic and investment potential, or wish to construct the existing Doug Burdge-designed plans, Malibu's top architect, for an oceanfront compound of your dreams consisting of three stories & 10,000+ square feet, it can all be done with the added opportunity to live on-site while construction is underway. With a Malibu address, yet ideally located in Ventura County, planning and permitting for your dream compound can also take place at a swift pace. The multi-million-dollar residences to one side, and the beach of County Line stretching to the other also add to the exclusivity and value, yet privacy is paramount.

Neighborhood

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42500 Pacific Coast HWY Malibu LA

Description

AUCTION: Bidding open Oct 22 to Oct 27. Currently Listed for $19.5M. No Reserve. Showings Daily 1-4PM and By Appointment. At the point of world-famous County Line surfing beach sits 42500 Pacific Coast and its neighboring 1.2-acre flat-beach buildable lot, an extremely rare offering of two of Malibu's last exquisite on-beach properties. Gaze out over unobstructed 360-degree ocean-to-mountain views and stunning sunsets, from Catalina to Channel Islands. Totaling 180 feet of beach frontage, the opportunity to create a rare compound is yours. The existing 5,000-square-foot house boasts oversized windows, a formal dining room with soaring ceilings, grand-scale entertaining spaces, and one of the largest roof decks in all of Malibu at 2,000 square feet. Next door, the low-bluff lot waits for you to expand your ideal Southern California lifestyle. Whether you dream of adding a pool and tennis court to the existing home, constructing an exclusive long-term summer rental for economic and investment potential, or wish to construct the existing Doug Burdge-designed plans, Malibu's top architect, for an oceanfront compound of your dreams consisting of three stories & 10,000+ square feet, it can all be done with the added opportunity to live on-site while construction is underway. With a Malibu address, yet ideally located in Ventura County, planning and permitting for your dream compound can also take place at a swift pace. The multi-million-dollar residences to one side, and the beach of County Line stretching to the other also add to the exclusivity and value, yet privacy is paramount.

Neighborhood

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