20729 Rockcroft Drive, Malibu, CA

Property Description

Extremely unique and rare opportunity to own three contiguous Single-Family properties at the site of formerly world-renowned Promises Malibu. Set on over 3 private and ocean view landscaped acres with mature oak and fruit trees throughout, this one-of-a-kind compound allows for an abundance of structures and amenities in close proximity that is not otherwise feasible to current code. With a massive tennis court, huge flat parking lot for guests, large salt water pool and three single family homes totaling over 9,000 square feet of living space with 12 bedrooms and 10 Bathrooms, this retreat is perfect for a large family for a unique and private living situation or a potential future business i.e. a luxury assisted living facility. Utilize as-is, acquire over-the-counter-permits for a cosmetic remodel of your choice or get new Coastal Development permits to totally reimagine this magical space to match your dreams. Perfectly situated near our main commercial hub Cross Creek and only a quick drive to Santa Monica and the 10, this lush oasis is tucked perfectly into the mountainside giving you the ultimate privacy with still great convenience. There is also another very rare opportunity to combine this compound with another trophy property totaling the lot size to over 6.5 acres with a massive addition of square footage, amenities, ancillary structures and endless possibilities.