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

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 17
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.
Property Type(s): Single Family
Last Updated 10/12/2021 Year Built 1997
Community Malibu Beach County Ventura

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, Compass

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