6.1 Acres of Residential Land for Sale in Malibu, California
28517 Pacific Coast Hwy, Malibu, CA 90265
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
Directions
PCH to property address.
Property details
- County
- Los Angeles County
- Zoning
- LCRP
- Elevation
- 154 feet
- MLS Number
- CLAW 23-265981
- Date Listed
Parcels
- 4467-013-023
Detailed attributes
Listing
- Type
- Lots And Land
Lot
- Views
- Mountain, Ocean
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
May 13, 2023 | New listing | $15,000,000 | — | CLAW |