Land — 19108 Pacific Coast Highway, Malibu, CA
$1,200,000
19108 Pacific Coast Highway, Malibu, CA
About this property
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.
Property details
Location
19108 Pacific Coast Highway • Malibu, CA 90265
Listed by
Kathryn Bentzen · Coldwell Banker Realty