When was property at 28517 Pacific Coast Highway built and last sold?

The property at 28517 Pacific Coast Highway was built in 1958 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 28517 Pacific Coast Highway is $19,695,000.

What are some comparable homes to 28517 Pacific Coast Highway?

There are currently no comparable homes to 28517 Pacific Coast Highway.

Malibu

90265

Central Malibu

28517 Pacific Coast Highway

Map

$19,500,000

● Land - In Contract

28517 Pacific Coast Highway

Malibu, CA 90265

Studio

0 Bath

$95,749

Est. Monthly

About This Property

An exceptionally rare opportunity to acquire over 6 acres of multi-family zoned land in Malibu, offering scale, usability, and coastal proximity rarely found in a single offering. Comprised of two parcels totaling approximately 6+ acres. Multi-family zoning. With semi-flat, buildable terrain, ocean views overlooking Paradise Cove, and proximity to high-end residential communities, this site presents a compelling opportunity to develop a multi-unit coastal project in one of the most supply-constrained markets in California. APNs: 4467-013-022 & 4467-013-023

Unit Size

Days on Market

Land Size

5.20 acres

Price per sqft

Property Type

Land

Property Taxes

HOA Dues

Year Built

1958

Listed By

Chris Frost

[email protected]

Pritchett-Rapf & Assoc.

Payment Calculator

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Last updated: 6 months ago (CLAW #26668029)

Price History

Date / Event	Date	Event
Apr 30, 2026	In contract	-
In contract
Mar 24, 2026	Listed by Sotheby's International Realty	$19,500,000
Listed by Sotheby's International Realty
Aug 25, 2019	No longer available	-
No longer available
Jan 13, 2019	Relisted	$15,000,000
Relisted
Dec 15, 2018	No longer available	-
No longer available
Aug 22, 2018	Listed	$15,000,000
Listed

	Rare and incredible opportunity to purchase two parcels that are zoned multi-family in prime Malibu location. Both parcels total approx. 6+/- acres. One parcel is just under 1 acre and has a house and guest house. The second surrounding parcel is approximately 5 acres. This is a rare opportunity to develop one of Malibu's only properties zoned multi-family. Perfect for a developer or someone looking to create a Malibu retreat. Includes APN's 4467-013-022 & 023 The manager has listed the unit size as 3004 square feet.

Property Highlights

Parking Available

With View

Exterior Details

Lot Size Area: 226367

Lot Size Units: Square Feet

Lot Size Acres: 5.1967

Lot Size Square Feet: 226367

Utilities Details

Sewer : SepticTypeUnknown

Building Info

Overview

General

Year Built: 1958

Effective Year Built: 1958
Building Count: 1
Bedroom Count: 3
Bathroom Count: 4
Full Bathrooms: 4
Partial Bathrooms: 4
Building Condition: 0
Building Quality: 10
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 38,120

Lot Size Depth Feet: 2,690
Lot Size Frontage Feet: 1,200
Total Building Area: 3,004
Building Area: 3,004
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 3
Heated Square Feet: 3,004
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: CITY OF MALIBU
Land Acres: 0000000875
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: R S 54-37-39 LEGAL SE DOC 1297823, 890811 POR OF LOT 1

Neighborhood

School District Name: Santa Monica-Malibu Unified School District

Census Tract: 800411

Zoning

Zoning: LCRP

Geography

Assessors Map Reference: 112-D6

Parcel: 4467-013-023
Lot: 1
Municipality: WEST /POINT DUME
Latitude: 34.0226
Longitude: -118.794

Address

Full Address: 28517 Pacific Coast Hwy

Address - House Number: 28517
Address - Street Name: Pacific Coast
Address - Suffix Type: Hwy
State: CA
City Name: Malibu
Carrier Code: C121
4-Digit Zip Code: 3913
Zip Code: 90265

Valuation

Tax

Tax Year: 2022

Tax Amount: $106,012
Initial Tax Delinquent Year: 2020
Tax Rate Code Area: 10-853

Appraisal Valuation

Standard Deviation: 0.2294

Valuation Date: Sep 06, 2023
Confidence Score: 68
Final Value: 942,226
High Value: 1,158,381
Low Value: 726,070

Open Liens

Total Open Liens:

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Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $28,274
Assessed Land Value: $28,165
Assessed Improvements Value: $109

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Central Malibu

Stats & Trends

Median Asking:

$4,750,000

Sale Price/ft²

$1,539

Below Asking

0.02%

Average Days on Market

Average Home Size

4034 ft²

Average Home Age

42.5 years

Currently For Sale

215 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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2 Beds
2 Baths
967 ft²

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Unit for rent at 7275 Birdview Avenue, MALIBU, CA, 90265

$8,500 /mo

2 Beds
2 Baths
876 ft²

7275 Birdview Avenue, MALIBU, CA, 90265 Listing by Christian Crane

Unit for rent at 29500 Heathercliff, MALIBU, CA, 90265

$6,500 /mo

2 Beds
2 Baths
1,600 ft²

29500 Heathercliff #226, MALIBU, CA, 90265 Listing by Geety Vafai

Rentals Near You

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Listed by: Chris Frost, Sotheby's International Realty
Last Updated: 6 months ago
Data Source: CRMLS, MLS# 26668029

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information