32752 Pacific Coast Highway, Malibu, California 90265, Malibu, 90265 - 8 bed, 7 bath

32752 Pacific Coast Highway, Malibu, California 90265 home-pic-0
ACTIVE$27,995,000
32752 Pacific Coast Highway, Malibu, California 90265
8Beds
7Baths
Sqft
114,725Lot
Year Built
1955
Close
-
List price
$28M
Original List price
$28M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
25502453
Home ConditionFair
Features
Excellent View: Bluff, Coastline, Mountain(s), Ocean, Panoramic
Pool
Patio
ViewBluff, Coastline, Mountain(s), Ocean, Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $28.00M(94th), sqft - 0(7th), beds - 8(99th), baths - 7(92th).

Presenting one of the largest and most impressive oceanfront parcels ever offered in Malibu, this sprawling, mostly flat 2.6-acre estate offers unparalleled grandeur, privacy, and natural beauty. Majestic views stretch across Point Dume, Palos Verdes, distant islands, and the shimmering coastline, framed by mature trees and meticulously manicured lawns that capture endless sunsets. Nestled on the serene Encinal Bluff, this rare parcel boasts exclusive beach access down a private stairway and over 75 feet of lush, grassy oceanfront lawn, a perfect blend of seclusion and coastal splendor. Included are fully approved City of Malibu permits and architectural plans by renowned designer Richard Landry for a new 7,912-square-foot, five-bedroom, seven-bath estate. The existing residence, a quintessential California Spanish-style masterpiece, sits at the end of a long, tree-lined driveway, exuding timeless elegance. Designed for seamless indoor-outdoor living, this single-level home features soaring ceilings with exposed beams, expansive windows, Saltillo tile, hardwood floors, exquisite cabinetry, and signature Malibu tile accents. The main house includes four bedrooms, highlighted by a luxurious primary suite with its own fireplace, walk-in closet, beautifully tiled bath, and private backyard entry. A separate guest house, thoughtfully designed with three bedrooms, two-and-a-half baths, a living room, dining area, kitchen, and laundry, adds versatility and comfort. This iconic property stands as one of Western Malibu's most coveted treasures, blending rare scale, architectural pedigree, and an unrivaled coastal setting.

Price History

Date
Event
Price
02/27/25
Listing
$27,995,000
Condition Rating
Fair

Built in 1955, this property is well-maintained and livable, but its interior finishes, particularly the bathrooms with their signature Malibu tile and blue/terracotta color schemes, are stylistically dated. While the description highlights 'timeless elegance' and 'exquisite cabinetry,' suggesting quality, these elements align with an older aesthetic rather than recent modern renovations. The inclusion of fully approved plans for a new 7,912-square-foot estate strongly indicates that the primary value is in the land and redevelopment potential, rather than the current structure meeting contemporary 'excellent' or 'good' condition standards. The home is aged but maintained, with functional components that show signs of being outdated, fitting the 'fair' category.
Pros & Cons

Pros

Premier Oceanfront Location & Views: Unparalleled oceanfront position on Encinal Bluff with exclusive beach access and majestic panoramic views spanning Point Dume, Palos Verdes, distant islands, and the coastline.
Expansive & Private Estate Size: One of Malibu's largest and most impressive oceanfront parcels, a sprawling, mostly flat 2.6-acre estate offering exceptional privacy and grandeur.
Approved Development Potential: Includes fully approved City of Malibu permits and architectural plans by renowned designer Richard Landry for a new 7,912 sq ft luxury estate, providing significant future value.
Elegant Existing Residence & Guest House: A timeless California Spanish-style main house designed for seamless indoor-outdoor living, complemented by a versatile separate three-bedroom guest house.
Rarity & Investment Value: An iconic and rare offering in Western Malibu, combining unique scale, architectural pedigree, and an unrivaled coastal setting, representing a significant investment opportunity.

Cons

Exclusivity of Price Point: The substantial list price of nearly $28 million targets a highly exclusive buyer demographic, potentially limiting market reach.
Age of Existing Structure: Built in 1955, the existing residence, while elegant, may require significant updates or a complete rebuild to align with the expectations of a luxury buyer at this price point, despite its charm.
Ongoing Maintenance Costs: The expansive 2.6-acre estate with meticulously manicured grounds and oceanfront exposure will incur considerable ongoing maintenance and landscaping expenses.

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