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Sold for $2,235,000 · Mar 2020

SOLD

Listed at $2,350,000

Sold

27547 PACIFIC COAST Highway, Malibu, CA 90265

Malibu, CA

MLS# 19515124

Property
111 days on market

Listing Agent

Barbara Isabel

Listing Agent

Harcourts Beverly Hills

DRE #: 02057627

Brokerage: Harcourts Beverly Hills

Property Details

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Bedrooms

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Square Feet

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Year Built

1.01 acres

Lot Size

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Price/Sq Ft

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Garage Spaces

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HOA

Property

Property Type

Description

Prime private 1 acre lot with active plans & permits ready for developing a luxury 7000sqft home. Ideal location walking distance to the beach, right across from Geoffrey's. Easy access to shopping and restaurants. This three floor home will offer a large open floor plan with spectacular panoramic ocean views. Excellent development project in the heart of Malibu with great profit potential and all utilities on site. Currently there's an older structure in the lot, you could tear it down or keep the foundation, up to you! All Property, Seller Reports/Disclosures completed. Call us!

Listing description from the March 2020 sale, as reported to CRMLS.

Facts & Features

Details

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Coastline

Sale history for 27547 PACIFIC COAST Highway

2 recorded sales

$2,235,000
Sold March 2020 · listed $2,350,000, orig. $2,000,000, on market September 2019, 111 days on market · MLS #19515124 · Source: CRMLS
Listing Agent: Barbara Isabel · Listing Office: Harcourts Beverly Hills · Contact: 310-279-5254 · Bought with: Brittany DeBeikes · Douglas Elliman
$2,075,000
Sold May 2014 · listed $2,250,000, orig. $2,500,000, on market March 2013, 423 days on market · MLS #13657347 · Source: CRMLS
Listing Agent: Diane Everett · Listing Office: Coldwell Banker-Malibu Colony · Contact: 310-456-3638 · Bought with: Diane Everett · Coldwell Banker-Malibu Colony

How this sale compares

27547 PACIFIC COAST Highway sold for $2,235,000 in March 2020, 4.9% under its $2,350,000 list price, after 111 days on the market. It was first listed at $2,000,000. Across 186 closed sales in 90265 over the last 12 months, the median sold price is $1,985,250 and the median is $1,136 per square foot.

$1,136
90265 median per sq ft (12 mo)
$1,985,250
90265 median sold price (12 mo)
186
Closed sales in 90265 (12 mo)
111
Days on market
−4.9%
Sold vs. list price
QuarterClosed sales in 90265Median sold price
Q1 202620$1,812,000
Q2 202690$2,162,500
Q3 202666$1,875,000
Q4 202610$3,430,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Malibu · Homes for sale in 90265

Recent sales near 27547 PACIFIC COAST Highway

Closed sales reported in 90265, nearest first, last 12 months. All recent sales in Malibu →

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