27349 Pacific Coast Highway, Malibu, California 90265, Malibu, 90265 - 5 bed, 4 bath

27349 Pacific Coast Highway, Malibu, California 90265 home-pic-0
ACTIVE$14,995,000
27349 Pacific Coast Highway, Malibu, California 90265
5Beds
4Baths
3,466Sqft
174,458Lot
Year Built
1963
Close
-
List price
$14.99M
Original List price
$17.3M
Price/Sqft
$4,326
HOA
-
Days on market
-
Sold On
-
MLS number
24456614
Home ConditionGood
Features
Excellent View: Coastline, Ocean, Panoramic, Trees/Woods
Deck
Patio
ViewCoastline, Ocean, Panoramic, Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $14.99M(88th), sqft - 3466(60th), beds - 5(78th), baths - 4(50th).

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.

Price History

Date
Event
Price
08/26/25
Price Change
$14,995,000
11/07/24
Listing
$17,300,000
12/09/94
Sold
$940,909
Condition Rating
Good

Despite being built in 1963, the property features a significantly updated kitchen with high-end stainless steel appliances (e.g., Wolf range), modern cabinetry, and a butcher block island, as well as updated bathrooms with contemporary finishes. The overall interior, including dark wood flooring and white-washed wood-beamed ceilings, appears well-maintained and move-in ready, requiring no immediate renovations. This aligns with the 'Good' category, indicating that while not a new build or a full recent renovation, key components have been updated within the last 5-15 years, and the property is in excellent functional and aesthetic condition.
Pros & Cons

Pros

Exceptional Development Potential: The property features 4 acres of nearly flat land with favorable setbacks, allowing for significant expansion of the existing home up to +/- 10,000 sq. ft. and the addition of guest houses or flex structures, offering tremendous upside.
Unparalleled Equestrian Facilities: A true equestrian trophy estate, it boasts a large horse dressage ring, multiple horse corrals, a riding arena, and 31 current stalls, catering to serious equestrian enthusiasts.
Prime Malibu Location & Sweeping Ocean Views: Prominently perched just above Pacific Coast Highway, moments from the beach and Geoffrey's Restaurant, the property offers sweeping ocean views throughout, providing a serene and tranquil backdrop.
Direct Trail Access: Unique direct access to Malibu's famous Backbone Trail, leading to breathtaking Escondido waterfalls and extending all the way to Santa Barbara, ideal for outdoor and equestrian activities.
Rarity and Legacy Opportunity: Available for the first time in 30 years, this legendary and rare estate presents an extraordinary chance to acquire a substantial parcel in a prestigious locale, offering the potential to create a true legacy property.

Cons

Age of Existing Residence: Built in 1963, the current 3,466 sqft residence, despite an updated kitchen, may require substantial additional modernization or a complete rebuild to fully align with the property's high value and development potential.
High Maintenance for Equestrian Facilities: The extensive equestrian amenities, while a significant asset, necessitate considerable ongoing maintenance and management, which could be a substantial commitment for a buyer not fully dedicated to equestrian pursuits.
Proximity to Pacific Coast Highway: While offering convenient access, its location 'just above the Pacific Coast Highway' could expose the property to traffic noise, potentially impacting the perceived tranquility for some discerning buyers.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state