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$17,300,000

Beds
5
Baths
3.5
sq ft
3,466

27349 Pacific Coast Hwy, Malibu, CA 90265

27349 Pacific Coast Hwy

Malibu, CA 90265

  • 5 days on market
Available for the first time in 30 years, this legendary, rare equestrian trophy estate on 4 acres of nearly flat land offers tremendous upside and unique features unlike any other property in Malibu. Perched prominently just above the Pacific Coast Highway, the property is just moments away from the beach and the renowned Geoffrey's Restaurant, all within a picturesque, park-like setting. The existing residence, a bright and airy 5-bedroom, 4-bath villa, showcases charming wood-beamed ceilings and an updated kitchen that harmonizes modern comfort with classic elegance. The home commands sweeping views of the ocean throughout the property, providing a serene and tranquil backdrop for relaxing and entertaining. The existing house is also situated at the rear of the lot and offers a favorable setback to add to the existing home and expand up to +/- 10,000 sq. ft. to create an estate with one or possibly more additional guest houses or flex structures (buyer to verify). Equestrian enthusiasts will appreciate the property's impressive amenities which boasts a large horse dressage ring, and multiple horse corrals and riding arena, with 31 current stalls in total. Convenient access from the property directly to Malibu's famous Backbone Trail, which takes you to the breathtaking Escondido waterfalls, and continues all the way up to Santa Barbara. This is a rare chance to acquire a substantial parcel of land in one of the most prestigious locales in Malibu, let alone the world. Do not miss this extraordinary opportunity to create a personal oasis, equestrian paradise, and even animal rescue or sanctuary to be truly a legacy property.

Details

Property type

Single Family Residence

Lot size

4.005 acres

Price per sq ft

$4,992

Year built

1963

HOA

No

Price History

11/07/2024
CLAW

CLAW #24456614

Listed
$17,300,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/12/2024 at 2:40 PM

Listing updated: 11/07/2024 at 2:55 PM

Listed by: Peter Cornell, The Oppenheim Group, Inc. Phone #: (310) 990-6656

MLS: CLAW #24456614

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