A world-class oceanfront estate on over three and a half acres on the coveted Paradise Cove bluff has been listed for $127,500,000 by International Luxury Ambassador Jade Mills, Beverly Hills’ leading real estate professional affiliated with Coldwell Banker Realty in Beverly Hills. With breathtaking coastline and ocean views, this property offers its own private pathway to over 208 feet of sandy beach frontage on one of the most secluded and sought-after beaches in Malibu. The estate formally belonged to the founder of Public Storage, B. Wayne Hughes. Hughes was a self-made billionaire who established the largest self-storage company in the U.S in 1972 with a $50,000 investment and died in Kentucky in August 2021. Situated at 27628 Pacific Coast Highway in Malibu, Calif., the property includes approximately 10,700 square feet of improvements comprising the main residence, separate guest quarters, a second detached guest house, and separate staff quarters.
A private front gate opens to a long driveway that winds past the tennis court, detached guesthouse and expansive lawns to the graceful two-story main house. This gorgeous Villa offers a casually elegant style and peaceful ambiance with walls of pocketed glass doors throughout that open to large terraces encircling the home and allowing the light-filled interior to integrate with the lush exterior and enveloping ocean vistas. The main floor features a formal foyer, living room with fireplace, dining room, screening room and tremendous gourmet kitchen with professional appliances, huge island, breakfast room and walls of glass that open to an outdoor dining terrace.
The upper level features four-bedroom suites including the magnificent primary suite complete with fireplace, luxurious bathroom, custom large walk-in closets and private terrace overlooking the stunning ocean views. Staff quarters with kitchen are located off the three-car garage, while above the garage there are two guest bedroom suites, each with lovely bathrooms and terraces, and one with a kitchenette. The second detached guesthouse located adjacent to the tennis court features a living room, bedroom, three bathrooms and a large upper level with vaulted ceilings currently used as a gym, ballet and yoga studio.
To view the home, contact Jade Mills at 310-285-7508 or homes@jademills.com.
Coldwell Banker Realty in Southern California, the No. 1 residential real estate brokerage in Southern California, operates 61 offices with approximately 4,189 affiliated agents. Real estate agents affiliated with the company are independent contractor agents and are not employees of the company. Coldwell Banker Realty is owned by a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in the United States. For more information, visit ColdwellBankerHomes.com. CalDRE #01908304.
Photo by Adrian Anz.
