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42500 Pacific Coast Highway, Malibu, CA 90265 (MLS # 21792406)

Price $19,500,000
Status Active
Beds 5
Baths 5 Baths
Home size 5,049 sqft
Lot Size 1.34 ac
Days on Market 58
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.
Property Type(s): Single Family
Last Updated 11/30/2021 Year Built 1997
Community Malibu Beach County Ventura

Price History

Prior to Oct 22, '21 $19,500,000
Oct 22, '21 - Nov 30, '21 $9,500,000
Nov 30, '21 - Today $19,500,000

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Refrigerator
AREA Malibu Beach
FIREPLACE Yes
GARAGE Door-Multi, Driveway, Garage, Gated, Yes
HEAT Central
LOT 1.34 acre(s)
PARKING Door-Multi,Driveway,Garage,Gated
POOL DESCRIPTION None
STORIES 2
VIEW Yes
VIEW DESCRIPTION Mountain(s),Ocean
ZONING R2

Location

 

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Listing provided by : Sally Forster Jones CalDRE: 00558939 | 310-579-2200, Compass

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Based on information from California Regional Multiple Listing Service, Inc. as of 12/2/21 7:25 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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