19108 Pacific Coast Highway, Malibu, CA 90265
- $1,200,000
- List Price
- $1,200,000
- Price Change
- ▼ $225,000 1782185971
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 26657733
- Lot Size
- 2,340
- Acres
- 0.05
- Days on Market
- 152
- Property Type
- Land
Property Description
Set on 28 feet of open sand and ocean, your new Malibu beachfront home begins where the previous 2,165 sq ft residence once stood. The Investor & Developer Opportunity: For the savvy developer, 19108 PCH represents a high-yield opportunity in one of the world's most resilient luxury markets. The potential for huge multi-level decks and a sophisticated residence featuring two full stories plus a mezzanine creates a high-equity asset or a premium short-term rental powerhouse. The Development Edge: 110% Expansion. Take advantage of a uniquely expedited path to construction. Under current emergency provisions, this fire-cleared lot may bypass the typical, years-long CEQA and Coastal Commission review processes. Owners can rebuild a structure substantially in the same location while enjoying a 10% increase in both footprint and height over the previous structure a rare "bonus" to modern square footage in a highly regulated zone. Strategic Location: Effortless proximity to Santa Monica and the high-end dining and shopping of Eastern Malibu. Entitlement Advantage: A streamlined, "grandfathered" path to redevelopment. Architectural Heritage: Stamped plans available for a 2-story + mezzanine residence with expansive, "hovering" oceanfront decks.
/u.realgeeks.media/jeremysifuentes/header.png)
Additional Information
- View
- None
- Sewer
- Septic Type Unknown
- Water
- Public
- School District
- Santa Monica-Malibu Unified
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Kathryn Bentzen (Katie.Bentzen@cbrealty.com) from Listing Office: Coldwell Banker Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.