27473 Pacific Coast, Malibu, California 90265, Malibu, 90265 - 7 bed, 8 bath
ACTIVE$13,000,000
27473 Pacific Coast, Malibu, California 90265
7Beds
8Baths
5,810Sqft
396,919Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 396919, living area = 5810.
Top Cons:
Substantial Capital Outlay: The $13,000,000 list price, combined with the implied need for significant redevelopment or modernization, necessitates a very high total capital investment.
Compared to the nearby listings
Price:$13.00M vs avg $4.44M (+$8,562,500)86%
Size:5,810 sqft vs avg 2,813 sqft88%
Price/sqft:$2.2K vs avg $1.3K82%
More Insights
Built in 1959 (66 years old).
Condition: Built in 1959, the property's existing structures are explicitly noted as requiring 'extensive renovation to meet modern luxury standards or could incur demolition costs.' While functional enough to generate income, the homes are significantly outdated. The absence of interior photos, particularly for kitchens and bathrooms, combined with the age and the emphasis on redevelopment potential, strongly suggests these areas are in poor condition, requiring substantial repairs, rehabilitation, or complete replacement to meet contemporary standards.
Year Built
1959
Close
-
List price
$13M
Original List price
$14M
Price/Sqft
$2,238
HOA
-
Days on market
-
Sold On
-
MLS number
PW25249693
Home ConditionPoor
Features
Excellent View: Coastline, Ocean
Patio
ViewCoastline, Ocean
About this home
This extraordinary property spans over 9 acres of ocean-view potential with immediate upside. This Malibu property includes 4 legal parcels zoned LCR120000* and two existing homes totaling approx. 5,810 sq ft perfect for generating income while entitling or building. With sweeping canyon and coastal views, gated access, level pads, and existing infrastructure, this is a prime hold or redevelopment play in one of California’s most exclusive coastal corridors. Whether your strategy is luxury flips, long-term rentals, or a branded retreat, the groundwork is already here. Rare zoning. Endless potential. Close to beaches and landmark dining.
Condition Rating
Poor
Built in 1959, the property's existing structures are explicitly noted as requiring 'extensive renovation to meet modern luxury standards or could incur demolition costs.' While functional enough to generate income, the homes are significantly outdated. The absence of interior photos, particularly for kitchens and bathrooms, combined with the age and the emphasis on redevelopment potential, strongly suggests these areas are in poor condition, requiring substantial repairs, rehabilitation, or complete replacement to meet contemporary standards.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 396919, living area = 5810.
Expansive Land & Development Potential: Spanning over 9 acres across 4 legal parcels with rare LCR120000* zoning, level pads, and existing infrastructure, this property offers unparalleled development flexibility for subdivision or multiple luxury estates.
Premier Malibu Location & Panoramic Views: Situated in an exclusive coastal corridor of Malibu, the property boasts sweeping canyon and coastal/ocean views, with convenient proximity to beaches and landmark dining.
Immediate Income Generation: Includes two existing homes totaling 5,810 sq ft, providing immediate rental income potential while future development plans are underway.
Versatile Investment Opportunity: Positioned as a prime 'hold or redevelopment play,' suitable for diverse strategies such as luxury flips, long-term rentals, or a branded retreat, maximizing investor options.
Privacy & Exclusivity: Gated access and a vast 9-acre lot ensure significant privacy and exclusivity, a highly sought-after feature in a high-demand area like Malibu.
Cons
Substantial Capital Outlay: The $13,000,000 list price, combined with the implied need for significant redevelopment or modernization, necessitates a very high total capital investment.
Potential for Extended Development Timelines: Despite existing groundwork, major redevelopment in Malibu can be a complex and lengthy process involving permits, environmental reviews, and significant time, potentially delaying return on investment.
Age of Existing Structures: Built in 1959, the two existing homes may require extensive renovation to meet modern luxury standards or could incur demolition costs if the strategy is new construction, adding to project expenses.