130 Acres Of Oceanview Land Up For Auction In Malibu

MALIBU, CA — Described as one of the largest land holdings on Pacific Coast Highway, three parcels totaling 130 acres will go up on the auction block later this month.

The parcels, dubbed Encinal Canyon Bluff, are located on the northern side of Pacific Coast Highway above El Matador State Beach, east of Encinial Canyon Road.

Previously listed at $13.5 million, the package of three parcels offer expansive views of the Pacific Ocean and mountains. The land is undeveloped; reports and surveys for an approximately 10,000-square-foot home have been completed by Tobias Architects, according to a news release.

The property can be developed as the site of a single-family residents and has the potential to be the site of multiple homes, according the the release.

“Soaring high above the Encinal Bluffs and Broad Beach, ‘Encinal Canyon’ is an incredible blank canvas consisting of three titles and offers endless potential for passionate and creative purchasers to leave their stamp on the Malibu community. High above the celebrity estates fringing the coast below, this property represents a crown jewel—the opportunity to create a private fantasy and legacy estate, far removed but close enough to drive for a Frappuccino and organic breakfast,” owner Frank Schilling said in the release.

Schilling is an entrepreneur and the founder of domain name registrar Uniregistry, which was acquired by GoDaddy in 2020.

Bidding starts on March 28 at 3 p.m. and closes on April 11 at 2 p.m.

The property is available for private showings by appointment, in person or virtually. For more information visit the listing.