1/2 Pacific Coast Highway

Description

Available for the first time in 30 years, this legendary, rare equestrian trophy estate on 4 acres of nearly flat land offers tremendous upside and unique features unlike any other property in Malibu. Perched prominently just above the Pacific Coast Highway, the property is just moments away from the beach and the renowned Geoffrey’s Restaurant, all within a picturesque, park-like setting. The existing residence, a bright and airy 5-bedroom, 4-bath villa, showcases charming wood-beamed ceilings and an updated kitchen that harmonizes modern comfort with classic elegance. The home commands sweeping views of the ocean throughout the property, providing a serene and tranquil backdrop for relaxing and entertaining. The existing house is also situated at the rear of the lot and offers a favorable setback to add to the existing home and expand up to +/- 10,000 sq. ft. to create an estate with one or possibly more additional guest houses or flex structures (buyer to verify). Equestrian enthusiasts will appreciate the property’s impressive amenities which boasts a large horse dressage ring, and multiple horse corrals and riding arena. There are 21 (capacity to 31) fully covered oversized (12×24 or larger) stalls, fully matted and covered from the elements with extremely airy construction. Large covered grooming, shoeing, wash rack and saddling area, including large round pen with turnouts. Convenient access from the property directly to Malibu’s famous Backbone Trail, which takes you to the breathtaking Escondido waterfalls, and continues all the way up to Santa Barbara. This is a rare chance to acquire a substantial parcel of land in one of the most prestigious locales in Malibu, let alone the world. Do not miss this extraordinary opportunity to create a personal oasis, equestrian paradise, and even animal rescue or sanctuary to be truly a legacy property. Price is for unfurnished. Term negotiable. Short term price to be at a premium.