27400 Pacific Coast Highway 108, Malibu, California 90265, Malibu, 90265 - 1 bed, 1 bath
ACTIVE$2,075,000
27400 Pacific Coast Highway 108, Malibu, California 90265
1Bed
1Bath
700Sqft
38,173Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Unobstructed Panoramic Ocean Views: The property boasts extraordinary 180-degree unobstructed ocean views, encompassing the coastline, ocean, and pool, providing a breathtaking and highly desirable living experience.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 700, other record living area = 589.
Compared to the nearby listings
Price:$2.08M vs avg $1.07M (+$1,000,000)91%
Size:700 sqft vs avg 1,056 sqft17%
Price/sqft:$3.0K vs avg $96996%
More Insights
Built in 1956 (69 years old).
Condition: Despite being built in 1956, the property has undergone a recent and extensive 'tasteful remodel' as highlighted in the description and clearly visible in the images. The kitchen features modern stainless steel appliances, contemporary two-tone cabinetry, sleek countertops, and a subway tile backsplash. The bathroom is equally updated with a floating vanity, vessel sink, modern fixtures, and a spacious walk-in shower with contemporary tiling. All flooring is consistent wood-look tile, and lighting includes modern pendant and recessed fixtures. The property presents as virtually new in terms of interior finishes and functionality, meeting current quality standards with no visible deferred maintenance.
Year Built
1956
Close
-
List price
$2.08M
Original List price
$2.17M
Price/Sqft
$2,964
HOA
$1,092
Days on market
-
Sold On
-
MLS number
25616659
Home ConditionExcellent
Features
Excellent View: Coastline, Ocean, Panoramic, Pool, Water
Deck
Pool
ViewCoastline, Ocean, Panoramic, Pool, Water
About this home
ONE-OF-A-KIND! Enjoy the solitude Malibu has to offer. Extraordinary 180 degree unobstructed ocean views as far as the eye can see. Furnished tastefully remodeled ocean front condo in Malibu's private gated hidden gem. Live in one of most iconic architectural properties, located on a prized celebrity Escondido beach, The Holiday House above Paradise Cove. This historical Richard Neutra designed property has been remodeled to create the perfect resort style lifestyle. This is one of only 4 (four) ocean front row view poolside units. The Book " Dream Palaces of Hollywood's Golden Age" states that one of the front row units was where JFK and Marilyn Monroe used to rendezvous. Relax on a private spacious sun deck with breathtaking ocean views. Private gated next to Geoffrey's Restaurant. 2 tandem parking. Keys to the Beach Stairs. Available Short or Long Term Lease. Fully Furnished Ocean View Condo in Malibu's Private Gated Hidden Gem.
Price History
Date
Event
Price
05/23/22
Sold
$1,350,000
10/24/17
Sold
$1,469,000
12/24/14
Sold
$1,350,000
Condition Rating
Excellent
Despite being built in 1956, the property has undergone a recent and extensive 'tasteful remodel' as highlighted in the description and clearly visible in the images. The kitchen features modern stainless steel appliances, contemporary two-tone cabinetry, sleek countertops, and a subway tile backsplash. The bathroom is equally updated with a floating vanity, vessel sink, modern fixtures, and a spacious walk-in shower with contemporary tiling. All flooring is consistent wood-look tile, and lighting includes modern pendant and recessed fixtures. The property presents as virtually new in terms of interior finishes and functionality, meeting current quality standards with no visible deferred maintenance.
Pros & Cons
Pros
Unobstructed Panoramic Ocean Views: The property boasts extraordinary 180-degree unobstructed ocean views, encompassing the coastline, ocean, and pool, providing a breathtaking and highly desirable living experience.
Exclusive Oceanfront Location: Situated in a private, gated oceanfront community on a prized celebrity Escondido beach, this is one of only four oceanfront, poolside units in a hidden gem next to Geoffrey's Restaurant, offering unparalleled exclusivity and direct beach access.
Historical & Architectural Significance: This iconic Richard Neutra-designed property, known as The Holiday House, carries significant historical value, including a rumored past as a rendezvous point for JFK and Marilyn Monroe, adding unique prestige and allure.
Tastefully Remodeled & Furnished: The condo has been tastefully remodeled to create a perfect resort-style living environment and is fully furnished, offering immediate move-in readiness and a high-end aesthetic.
Resort-Style Amenities & Lease Flexibility: Enjoy a private spacious sun deck, poolside access, and the convenience of keys to the beach stairs. The property also offers flexibility for short or long-term leases, enhancing its investment potential.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 700, other record living area = 589.
High Association Fees: The property carries a significant monthly association fee of $1,092.00, which can impact overall affordability and long-term ownership costs.
Limited Square Footage: With only 700 square feet, 1 bedroom, and 1 bathroom, the living space is relatively small, which may limit its appeal to buyers seeking more expansive accommodations, especially at this price point.
Age of Building: Built in 1956, the underlying structure is nearly 70 years old. While remodeled, older buildings can sometimes incur higher maintenance costs or present unforeseen infrastructure challenges for the association.