3505 COAST VIEW Drive, Malibu, CA 90265

$4,595,000
8
BD
7
BA
5,111
SqFt
List Price
$4,595,000
Status
ACTIVE
MLS#
17260364
Year Built
1971
Bedrooms
8
Bathrooms
7
Living Sq. Ft
5,111
Lot Size
47,987
Lot Location
Yard
Days on Market
5
Property Type
Single Family Residential
Style
Modern
Property Sub Type
Single Family Residence

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

Appliances
Refrigerator, Dishwasher
Fireplace Description
Guest House, Living Room
Heat
Central Furnace
Cooling
Yes
Cooling Description
See Remarks
View
Panoramic, White Water, Ocean
Garage Spaces Total
2
Number of Units
3
Attached Structure
Detached

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of Brian Goldberg from Pinnacle Estate Properties

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.