A Mykonos-inspired compound perched above the sand at 27832 Pacific Coast Highway in Malibu has landed on the market with a $74.5 million price tag, offering buyers a fully loaded slice of Paradise Cove. Designed by architect Marc Appleton, the oceanfront estate spans roughly 2.27 acres and includes a main residence, guest house and staff quarters totaling about 8,775 square feet. Outside, there is a private path down to the beach, a regulation tennis court and a resort-style swimming pool.
Design and layout
Per the Compass listing, the six-bedroom, eight-bath compound is arranged as a series of detached structures, with white plaster walls, domed and vaulted rooflines, courtyards and breezeways that channel coastal villages in Greece. The listing credits Marc Appleton as the architect and notes the home was completed in 1994. The primary suite features its own terrace and fireplace, and the formal dining and entertaining spaces are oriented to capture direct ocean views.
Beach access and amenities
According to the Santa Monica Mirror, the estate offers a private path down to the sand, where a beachside bar area sits just above the surf line. A separate guest house and staff quarters round out the residential program. The gated driveway winds through mature olive trees before opening to multiple outdoor entertaining zones, which are positioned around the pool and main residence. Showings are restricted to prequalified buyers, according to listing materials shared with local media.
Where it sits in the market
At roughly $8,490 per square foot, the asking price places the property among Malibu’s higher-end oceanfront offerings, based on figures in Redfin's property notes. Waterfront parcels with private beach access along Pacific Coast Highway remain scarce, which helps explain the premium attached to a turnkey compound of this size and location. The listing is held by Kurt Rappaport of Westside Estate Agency, a broker known for handling luxury Southern California properties.
Architect and approvals
Public records link Appleton & Associates to permitting activity for this parcel in the late 1990s, and the California Coastal Commission staff report maintains project materials for 27832 Pacific Coast Highway that document earlier approvals. Those filings create a paper trail for the estate’s development history and support the house’s long-standing presence on the bluff. Taken together with the listing information, the records indicate that the property was conceived as a purpose-built beachfront compound rather than a more recent renovation.
The listing gallery and photos are posted on Compass, and would-be buyers are directed to contact the listing office to arrange privacy-controlled showings. Full imagery, floor plan details and agent contact information are available on the Compass property page linked above.
