Sure you can. Whether it is wise thing to do is another matter, but you can certainly make a multicore processor without L3.
Of course you can make a multicore processor without L3. But you can't make an Ivy Bridge without L3. The point is that its L3 performs a vital function and if you remove it you have to replace it with something else. Who knows how much it'd change the design. It makes it really hard to guess areas with.
I included the controllers in my estimation.
Can you break that down for me?