18 days on rocket

27218 Pacific Coast Hwy, Malibu, CA, 90265

$21,500,000

3 Bedrooms
3 Full Baths, 1 Partial
3,829 SqFt
$5,615/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Door-Multi, Driveway, Garage, Garage Door Opener, Guest, Private, One Space, Unassigned, Uncovered
Garage2 spaces
Year Built1965
HeatingCentral
CoolingCentral Air
WaterfrontOcean Front
FireplaceGas, Living Room
ViewCity Lights, Other, Mountain(s), Ocean, Panoramic, Water
MLS #24389097
Lot Size0.20 Acres
StatusActive

About 27218 Pacific Coast Hwy

A perfect beachfront setting on a private road off Pacific Coast Highway puts this romantic contemporary residence front and center for sweeping views of the ocean, islands, and coastline from Point Dume to the sparkling lights of the Queen's Necklace.With a mid-century architectural pedigree and impeccable updates by Studio Bracket, the home is spacious, light-filled, and beautifully designed for indoor-outdoor living and entertaining. High, beamed ceilings, ocean-facing walls of glass, wood floors, fireplaces indoors and out, plus exquisite interiors by Steven Gambrel and artisan Venetian plaster work by Rex Pratt create an atmosphere of tranquil refuge by the sea.At the front of the house, a private, gated courtyard with sensational landscaping by Scott Shrader welcomes visitors and provides a quiet setting for conversation and contemplation. The home's interior, with timeless architectural details, puts the focus on comfort and views.On the main floor, there is a gorgeous formal living room with a fireplace and a full wall of ocean-facing glass doors that open to an oceanfront deck for entertaining, al fresco dining, and whale watching. The adjacent kitchen is a culinary triumph, with quartzite countertops, island with bar seating, top-of-the-line appliances, including a Lacanche double oven, generous custom cabinetry with imported English hardware, a butler's pantry, and a wonderful built-in dining nook with accordion windows that open completely to the oceanfront deck. Also on the main level is a lovely den/media room with built-in shelves, an office space, and a private side deck, perfect for yoga or afternoon tea. Gated steps from this deck lead to the sandy beach below.Upstairs, three en-suite bedrooms include the romantic primary, which enjoys panoramic views from inside and from the private lounging deck, which has an outdoor fireplace and Jacuzzi. The suite has a luxurious sitting area, a spacious walk-in closet with custom fixtures, and a spa-style bath with an extra-deep soaking tub and skylight.With approximately 50 feet of beach frontage, the home has a two-car garage plus additional guest parking and numerous features for safety and comfort, including home security, custom sound, air conditioning, heated bathroom floors, Waterworks fixtures, and much more. A home of rare quality in an ideal Central Malibu setting.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1965
  • Stories: 2
  • Living Area: 3,829 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5744
  • Listing Agent: Christopher Cortazzo

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Disposal, Range, Refrigerator, Range Hood
  • Flooring Type: Stone, Wood
  • Interior: Beamed Ceilings, High Ceilings, Living Room Deck Attached, Recessed Lighting, Walk-In Closet(s)
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Ocean Front
  • View: City Lights, Other, Mountain(s), Ocean, Panoramic, Water

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Covered, Door-Multi, Driveway, Garage, Garage Door Opener, Guest, Private, One Space, Unassigned, Uncovered

Lot Features

Lot Information:

  • Lot: Front Yard, Landscaped
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Malibu High School, Public District Grades 6-12
  • Webster Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Pacific Coast Highway to Escondido Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $21,500,000
  • Price Per SqFt: $5,615/SqFt

Tax Information:

  • Annual Amount: $32,300
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Malibu, CA.

Med. Sold Price

$3.2M

Med. Price/SqFt

$1,339

Avg. Days On Market

61

# of Sold Homes

13

27218 Pacific Coast Hwy vs Malibu

18 DAYS ON ROCKET

-43 Days

$21,500,000

+$18.2M More

$5,615/SqFt

+$4.2K More

KEY TAKEAWAY

This property is $18.2M more than the Median Sold Price and $4.2K/SqFt more than other homes in Malibu, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24389097

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5744
  • Listing Agent: Christopher Cortazzo

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 5:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 07, 2016Home Sold
$5,950,000

Tax History

YEARPROP. TAXASSESSMENT
2021$32,300$2,743,368
2020$30,922$2,715,239
2019$29,344$2,598,000
2018$29,787$2,547,060
2017$29,787$2,547,060

History based on county public records data.

Payment Calculator

$107.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$64.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4238035
8
/10
  • Webster Elementary School

  • 3602 Winter Canyon Rd

  • 4.01 miles

  • Public District Grades KG-5

High School

school-card-donut-4238036
9
/10
  • Malibu High School

  • 30215 Morning View Dr

  • 3.45 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $161,468. Most Malibu, CA residents have annual incomes between $100k-200k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 27218 Pacific Coast Hwy

What is the listing price of this property?

The listing price of 27218 Pacific Coast Hwy property is $21,500,000.

What type of property is this?

The property 27218 Pacific Coast Hwy is a house located in Malibu, California, 90265.

Is this property for sale now?

Active Listing: 27218 Pacific Coast Hwy is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 27218 Pacific Coast Hwy are:
Webster Elementary School: GreatSchools Rating 8/10
Malibu High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $32,300 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 7, 2016 for $5,950,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 27218 Pacific Coast Hwy has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 27218 Pacific Coast Hwy is 3,829 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 27218 Pacific Coast Hwy is 1965.
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Rocket HomesCaliforniaLos Angeles CountyMalibu9026527218 Pacific Coast Hwy

This home is located at 27218 Pacific Coast Hwy in Malibu, CA and zip code 90265 in the Escondido Beach neighborhood. This 3,829 square foot home, which was built in 1965, sits on a 0.20 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $21,500,000.

Over 1 listings were sold over their listed price in April 2024 in Malibu, CA. In the same period over 12 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in Malibu, CA increased by 18.2% between March 2024 and April 2024. In April 2024 median list price was $3,275,600 and the average listing age was 61 days.

From Rocket Homes Real Estate and based on county public records data.

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