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5909 Philip Ave

Malibu CA 90265

98773 sq. ft.
Land
Currently for sale - view listing

Overview

Construction underway with active permits for up to 8,755 SqFt of total developmental area. Set on a flat pad, this gated 2+ acre single-family estate enjoys commanding 180 ocean views from Catalina to the Channel Islands archipelago, with grading finished and foundation work already in progress. Ideally situated in the Malibu Park neighborhood a short distance from Zuma Beach and award-winning schools. The designed residence features the majority of its living space on the ground floor level, including a grand ocean view primary suite, three additional ensuite bedrooms, a formal entry, an expansive great room, spacious family room, and an open-concept kitchen with a devoted dining area. The lower level is dedicated to entertaining, complete with a state-of-the-art screening room and an elegant bar/lounge. A private guest suite with its own balcony occupies the upper level, offering a secluded ocean view get away. With the existing regulation-size tennis court and an estate blueprint that blends modern design with resort-style amenities, this property provides a rare chance to customize and complete a world-class compound in Malibu offering panoramic vistas, privacy, and unlimited potential.

Features

98773 sq. ft. lot size
Land

Property history for 5909 Philip Ave

2015
Sold
$4,480,125
08 Sep 2015 by Amy Alcini, of Sotheby's International Realty

Happy sellers in Malibu

95%
95% of sellers in Malibu reported that their sale price either exceeded or met their price expectations.

Malibu stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Malibu over the last 12 months.

Local market activity for land plots in Malibu

In the last 12 months, 112 land plots similar to 5909 Philip Ave, have been sold.

This represents a 72% decrease in land plots sales when compared to the previous 12 months.

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