28517 Pacific Coast Highway, Malibu
Malibu Home For Sale
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
Property Details
Additional Information
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- City:
- Malibu
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- County:
- Los Angeles
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- Zip:
- 90265
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- MLS® #:
- 23265981
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- Lot Size:
- 6.07
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- HOA Dues:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 10:20am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.