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5:30 am PDT July 3, 2019

What: Broad Beach compound

Where: 31575 Sea Level Drive, Malibu

Description: Exclusive opportunity to create a beach side compound in one of Malibu’s most sought after locations.  This unique 3 lot compound is located on a private gated beachfront road in the Sea Level enclave of Broad Beach.   The Hampton’s influenced design for this 3 property compound comes with plans and permits to break ground on house #1, final stage planning and permits for house #2, and an existing cottage with garage.  Live in the Tommy Bahama inspired 2 bedroom, 2 bathroom beach cottage while building  the other two properties.  The views up and down the coast are breathtaking and are the perfect backdrop for an intimate gathering or festive clam bake.  Your landmark in the making awaits!

Asking Price: $12,000,000

Listing Agent: Brian Merrick (CalDRE# 01204107), associate manager/estate specialist; mobile (310) 383-4336, direct (310) 317-8373

Agent’s Brokerage: Coldwell Banker Malibu Colony, 23676 Malibu Road