Two luxury properties in Trancas Canyon, both located at in a posh, private section of Malibu go under the hammer on May 17, Concierge Auctions has announced. Offering spectacular views of the Malibu coastline, the properties will sell separately or collectively in cooperation with Aaron Kirman of Hilton & Hyland, an affiliate of Christie’s International Real Estate.
The first contemporary, gated estate is located on 10.2 private acres with five uniquely designed structures encompassing a total of 10,500 square feet. Originally listed for $12.5 million, this 5757 Trancas Canyon will sell at or above a $4.75 million reserve.
The second estate at adress 5744 Trancas Canyon spreads on 10 acre of private land and comes with completed and approved plans to build another architecturally-significant residence and separate guest suite. Originally listed for $2.5 million, it will sell at or above a $999,000 reserve.
“The combination of this compound’s exceptional views, privacy and architectural pedigree make it one of the most unique offerings in Southern California,” Kirman said.
The auction of this stunning properties will be held live on May 17. The properties are open for preview daily from 12 to 4 p.m. by appointment.