27212 Pacific Coast Highway, Malibu, California 90265, Malibu, 90265 - 3 bed, 3 bath

27212 Pacific Coast Highway, Malibu, California 90265 home-pic-0
ACTIVE$19,950,000
27212 Pacific Coast Highway, Malibu, California 90265
3Beds
3Baths
3,022Sqft
8,484Lot

Price Vs. Estimate

The estimated value ($20,916,846) is $966,846 (4%) higher than the list price ($19,950,000). This property may be underpriced.

Key pros and cons

Top Pros:
Prime Beachfront Location: Directly situated on the coveted and legendary Escondido Beach, known as one of Malibu's sandiest, offering seamless private direct beach access.
Top Cons:
Limited Bedroom Count: With only 3 bedrooms, the property may not accommodate larger families or extensive guest needs typically associated with a nearly $20 million luxury estate.

Compared to the nearby listings

Price:$19.95M vs avg $4.44M (+$15,512,500)93%
Size:3,022 sqft vs avg 2,813 sqft54%
Price/sqft:$6.6K vs avg $1.3K96%

More Insights

Built in 2016 (9 years old).
Condition: This property was rebuilt from the ground up in 2016, making it only 8 years old and meeting the 'built within 10 years' criterion for an excellent rating. The images and description confirm a high-end, modern aesthetic throughout, with features like hardwood floors, recessed lighting, and floor-to-ceiling glass doors. The kitchen boasts quartz countertops and high-end appliances, appearing virtually new. Bathrooms are equally impressive with modern fixtures, a freestanding tub, glass showers, and stylish vanities. All components appear new or virtually new, reflecting current quality standards with no visible deferred maintenance.
Year Built
2016
Close
-
List price
$19.95M
Original List price
$19.95M
Price/Sqft
$6,602
HOA
-
Days on market
-
Sold On
-
MLS number
25579313
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Coastline, Courtyard, Mountain(s), Ocean, Panoramic
Deck
Spa
ViewCatalina,City Lights,Coastline,Courtyard,Mountain(s),Ocean,Panoramic

About this home

This Spanish contemporary beachfront property is located on the coveted & legendary Escondido beach. It is one of sandiest beaches in Malibu & stretches for miles in the east & west direction. The beach house is positioned facing south, so it captures the breathtaking sunrise over Santa Monica Bay & the sunset over Point Dume. The house was rebuilt in 2016 from the ground up & features a concrete foundation w/ caissons & one of the largest cantilevered decks on Escondido Beach, which sits suspended just feet above the sand allowing seamless private direct beach access. The guest enters the one-of-a-kind beach house via a gated arched entry, which leads to the hardscaped courtyard w/ large spa & mature olive trees. Behind the oversized iron front door reveals the spacious open floor plan w/ high ceilings, recessed lighting & hardwood floors. The kitchen features quartz countertops & high-end appliances, while the living & dining area has a spacious sectional w/ huge tv & plenty of seating for family & guests. Ready for the beach? Then head outside through the floor-to-ceiling sliding glass pocket doors to the expansive oceanfront deck w/ wraparound bench seating, built-in BBQ & private direct beach access. Adjacent to the living area is a cozy media room w/ bar, wine cellar & direct deck access. The second level features two bedrooms w/ Juliet balcony & bunk beds, multiple skylights & a grand oceanfront master suite complete w/ sitting area, balcony & panoramic ocean views from the Queen's Necklace to Point Dume. There is plenty of parking in the two-car garage or designated parking area on the premises & is close proximity to world-class dining, shopping & entertainment. Private membership offering to the Sycamore Tennis Courts available.

Price History

Date
Event
Price
01/14/21
Sold
$10,175,000
01/08/15
Sold
$10,650,000
Condition Rating
Excellent

This property was rebuilt from the ground up in 2016, making it only 8 years old and meeting the 'built within 10 years' criterion for an excellent rating. The images and description confirm a high-end, modern aesthetic throughout, with features like hardwood floors, recessed lighting, and floor-to-ceiling glass doors. The kitchen boasts quartz countertops and high-end appliances, appearing virtually new. Bathrooms are equally impressive with modern fixtures, a freestanding tub, glass showers, and stylish vanities. All components appear new or virtually new, reflecting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Prime Beachfront Location: Directly situated on the coveted and legendary Escondido Beach, known as one of Malibu's sandiest, offering seamless private direct beach access.
Exceptional Panoramic Ocean Views: South-facing orientation captures breathtaking sunrises over Santa Monica Bay and sunsets over Point Dume, with panoramic ocean views from the Queen's Necklace to Point Dume from multiple vantage points, including the master suite.
Modern, High-Quality Construction & Design: Completely rebuilt in 2016 from the ground up with a robust concrete foundation and caissons, featuring a Spanish contemporary style, spacious open floor plan, high ceilings, recessed lighting, hardwood floors, and a kitchen with quartz countertops and high-end appliances.
Luxurious Outdoor & Entertainment Features: Boasts one of the largest cantilevered decks on Escondido Beach, an expansive oceanfront deck with wraparound bench seating and built-in BBQ, a hardscaped courtyard with a large spa and mature olive trees, and an interior media room with a bar and wine cellar.
Exclusive Lifestyle & Amenities Access: Offers close proximity to world-class dining, shopping, and entertainment, with the added benefit of a private membership offering to the Sycamore Tennis Courts.

Cons

Limited Bedroom Count: With only 3 bedrooms, the property may not accommodate larger families or extensive guest needs typically associated with a nearly $20 million luxury estate.
High Operating Costs: As a high-value beachfront property in Malibu, prospective buyers should anticipate substantial annual property taxes, insurance premiums (including flood and hazard), and ongoing maintenance expenses inherent to coastal living.
Modest Lot Size for Price Point: While beachfront, the 8,484 sqft lot size is relatively compact for a property commanding a $19.95 million price tag, potentially limiting appeal for buyers seeking expansive grounds or greater privacy from neighbors.

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