Marc Andreessen & Laura Arrillaga Acquire Malibu SFR For $34M

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.