27400 Pacific Coast Hwy

27400 Pacific Coast Hwy, Malibu, CA, 90265

Description

27400 Pacific Coast Hwy stands in Malibu, nestled near the intersection of Pacific Coast Highway and Kanan Dume Road. This building sits close to the stunning Pacific Ocean, which offers beautiful views of the coastline and surrounding islands. The site provides a serene environment with easy access to nearby dining and natural attractions. Constructed in 1956, the building is a low-rise structure with 2 stories. It includes a total of 6 condominium units, with sizes ranging from 700 to 2,217 square feet. The units offer a choice of 1 or 2 bedrooms, catering to different living needs. High ceilings and walls of glass allow for natural light to fill the living spaces. Prices for these units range from $3,900,000 to $4,395,000. The average closed price is around $3,900,000, with a price per square foot of $1,760 based on last year’s sales. Units typically spend about 35 days on the market, reflecting consistent interest in this desirable location. Amenities enhance the appeal of this property. Residents can enjoy a large ocean view pool and a sundeck. The community is private and gated, providing security and tranquility. Direct access to Escondido Beach and a private walkway leading to Geoffrey’s restaurant adds to the allure of living here. Designed by the renowned architect Richard Neutra, the building stands out along the Malibu coastline. Only ten units exist in total, making this a rare opportunity. The combination of privacy, scenic vistas, and architectural finesse creates a compelling living experience. The location harmonizes coastal beauty with modern comfort and luxury living.