Marc Andreessen & Laura Arrillaga Acquire Malibu SFR For $34M | 27724 Pacific Coast Highway | Single Family Residence | Sale

Summary

Sale

CALIFORNIA

Single Family Residence

3,600 sqft

Marc Andreessen has added another property to his growing Malibu real estate portfolio with the purchase of a single-family residence located at 27724 Pacific Coast Hwy. The property, situated on 1.57 acres in the desirable Malibu market, was sold for a staggering $34,000,000. Spanning 3,600 square feet, the home commands a price per square foot of $9,444.

Summary of transaction details

Property Type: Single-Family Residence
Transaction Amount: $34,000,000
Address: 27724 Pacific Coast Hwy
Market: Malibu
Acres: 1.57

This acquisition marks another addition to Marc Andreessen's impressive real estate acquisitions in Malibu. Since October, he has purchased a $177 million home in Paradise Cove, a $44.5 million residence in Escondido Beach, and now this $34 million property adjacent to his expansive Paradise Cove compound. Marc Andreessen continues to expand his real estate portfolio in one of California's most sought-after markets.

Details

Deal Summary

SOLD

IMAGE: Marc Andreessen DATE: 04/07/2022 ADDRESS: 27724 Pacific Coast Hwy. MARKET: Malibu ASSET TYPE: SFR ~ ACRES: 1.57 BUYER: Marc Andreessen & Laura Arrillaga SALE PRICE: $34,000,000 SF: 3,600 ~ PPSF: $9,444 NOTE: Since October, Marc bought a $177 million Paradise Cove home, a $44.5 million Escondido Beach home, and now he’s done it yet again, with this $34M home adjacent to his massive Paradise Cove compound.

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Address27724 Pacific Coast Highway

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