3505 COAST VIEW Drive, Malibu, CA 90265

$4,595,000
8
BD
7.0
BA
5,111
SqFt
List Price
$4,595,000
Status
Active
MLS#
17260364
Year Built
1971
Bedrooms
8
Bathrooms
7.0
Living Sq. Ft
5,111
Lot Size
47,987
Days on Market
11
Property Type
Single Family Residential
Style
Modern
Common Walls
Detached/No Common Walls

Property Description

**ATTENTION INVESTORS** Incredible location with panoramic ocean views overlooking Malibu Colony, Bluffs Park and Surfrider Beach with Queen's Necklace and Catalina Island views. In addition to the 4 bedroom/4 bath main house, there are 2 detached guest houses below with their own driveway, parking and septic systems. All 3 septic systems have current City of Malibu On-Site Wastewater Treatment Operating Permits (See Attached Doc). One Guesthouse is a 3 bedroom/2 bath with fireplace in the living room and kitchen. The other is a 2 bedroom/1 bath that current owner uses as his office. The possibilities are endless. Great opportunity to fix and flip, rent out or remodel and live in. Flat, grassy yard with plenty of room for a pool, vineyard, sport court, gardens, and more. The house next door is listed for $7M, and an $80M property is less than a mile away. Don't miss this rare opportunity. Be sure to check out the Virtual Tour and Property Website.

Additional Information

Lot Description
Room for a Pool, Yard
Other Buildings
GuestHouse
Appliances
Dishwasher, Refrigerator
Room
Master Bedroom, Den/Ofc, Guest-Maids Quarters, LivingRoom
Spa Description
None
Fireplace Rooms
Guest House, Living Room
Heat
Central Furnace
Cooling
Other, Ceiling Fan(s)
View
Ocean, Panoramic, White Water
Exterior Construction
Stucco
Parking
Garage - Two Door, Garage Is Attached, Parking for Guests - Onsite
Garage Spaces Total
2
Elementary School
Webster Elementary
Middle School
Malibu Middle
High School
Malibu High

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Pinnacle Estate Properties, Brian Goldberg - CA DRE#01900604

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