27400 Pacific Coast Highway 106, Malibu, California 90265, Malibu, 90265 - 1 bed, 2 bath

27400 Pacific Coast Highway 106, Malibu, California 90265 home-pic-0
ACTIVE$2,995,000$1,328/sqft
27400 Pacific Coast Highway 106, Malibu, California 90265
1Bed
2Baths
1,328Sqft
38,173Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Iconic Architectural Significance & Exclusivity: A rare opportunity to own one of only five corner units in the iconic Richard Neutra designed Holiday House, offering unique architectural prestige.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1328, other record living area = 915. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.

Compared to the nearby listings

Price:$3.00M vs avg $1.07M (+$1,920,000)86%
Size:1,328 sqft vs avg 1,191 sqft68%
Price/sqft:$2.3K vs avg $1.1K91%

More Insights

Built in 1956 (70 years old).
Condition: Despite being built in 1956, the property has undergone a 'floor to ceiling designer remodel' as stated in the description, which is strongly supported by the images. The kitchen features new, high-end stainless steel appliances, sleek white flat-panel cabinetry, and luxurious marble/quartz countertops with a waterfall island. Bathrooms are equally modern with floating vanities, contemporary fixtures, stylish tiling, and a spacious walk-in shower. Throughout the unit, there is consistent light wood flooring, recessed lighting, and a clean, minimalist aesthetic, indicating all components are virtually new and meet current quality standards with no deferred maintenance.
Year Built
1956
Close
-
List price
$3M
Original List price
$3M
Price/Sqft
$2,255
HOA
$1,375.7
Days on market
-
Sold On
-
MLS number
26638815
Home ConditionExcellent
Features
Excellent View: Ocean
Deck
Pool
Patio
ViewOcean

About this home

A rare opportunity to own one of only five corner units in the iconic Richard Neutra designed Holiday House. An old favorite of Frank Sinatra, Marilyn Monroe, Lana Turner and JFK, the allure and appeal of this architectural jewel has always never waned. This showcase 1 Bedroom 1.5 Bath has undergone a floor to ceiling designer remodel and includes a half office/zoom room for the remote professional. Perched above the bluffs of one of the most famous coastlines in the world, with sweeping ocean views, and direct private access to the beach, this is idyllic California lifestyle at it's absolute best. The property includes a large ocean view pool and sundeck, private walkway, and access to the infamous Geoffrey's Malibu where dinner under the stars awaits.

S
Simon Beardmore
Listing Agent

Price History

Date
Event
Price
05/18/22
Sold
$2,667,000
09/27/18
Sold
$1,285,000
07/01/15
Sold
$1,075,000
10/10/14
Sold
$830,000
Condition Rating
Excellent

Despite being built in 1956, the property has undergone a 'floor to ceiling designer remodel' as stated in the description, which is strongly supported by the images. The kitchen features new, high-end stainless steel appliances, sleek white flat-panel cabinetry, and luxurious marble/quartz countertops with a waterfall island. Bathrooms are equally modern with floating vanities, contemporary fixtures, stylish tiling, and a spacious walk-in shower. Throughout the unit, there is consistent light wood flooring, recessed lighting, and a clean, minimalist aesthetic, indicating all components are virtually new and meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

Iconic Architectural Significance & Exclusivity: A rare opportunity to own one of only five corner units in the iconic Richard Neutra designed Holiday House, offering unique architectural prestige.
Unparalleled Oceanfront Location & Views: Perched above the bluffs of one of the most famous coastlines in the world, with sweeping ocean views and direct private access to the beach.
Celebrity Pedigree & Historical Allure: The property boasts a rich history as an old favorite of Frank Sinatra, Marilyn Monroe, Lana Turner, and JFK, adding significant prestige and mystique.
Luxury Amenities & Lifestyle: Includes a large ocean view pool and sundeck, private walkway, and direct access to the infamous Geoffrey's Malibu, epitomizing an idyllic California lifestyle.
Designer Remodel & Modern Functionality: Undergone a floor-to-ceiling designer remodel and includes a dedicated half office/zoom room, catering to modern luxury living and remote professional needs.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1328, other record living area = 915. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
Significant Association Fees: The monthly association fee of $1375.70 is substantial and represents a significant ongoing cost of ownership.
Limited Living Space for Price Point: With 1 bedroom and 1328 sqft, the living space might be considered compact for a property listed at nearly $3 million, potentially narrowing the buyer pool.
Age of Building: Built in 1956, despite the extensive remodel, the age of the overall building could raise concerns about shared infrastructure or potential future assessments.
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