Malibu Land On Sale For $130 Million

by Deidre Woollard (RSS feed)
Apr 25th 2008 at 8:02AM

We've seen some huge estates sell in Malibu but how much would you pay for just the land? A large chunk of Malibu land has gone on sale for an astronomical price. This 1,280 acres of land has ocean views and beach frontage along Pacific Coast Highway and is broken into 29 parcels. The listing says "they don't don't make land like this anymore." Certainly not this close to Los Angeles they don't. I'm just hoping someone doesn't clutter up this spot with too many houses, it's one of my favorite unspoiled spots along PCH. It is listed at $130 million.

Gallery: Malibu Land