Here's my experience with 27" 4K monitors.
I originally planned on getting a single 32" 4K IPS monitor, but got tired of waiting for it to come out in Canada.
I test drove a few smaller 28 4K screens in the local computer store and realized that I could easily live with 1:1 on a 28". I ended up getting a Dell 27" 4K monitor because I wanted an IPS panel.
I realize I'm in a very small minority of users who can use 4K with no scaling at 27" -- I use a standing desk and I have single vision computer glasses for the distance my monitors are away from my face.
When I first got the 27" 4K monitor, I was in awe of the glorious real estate it afforded me. That awe didn't last long, however, because I ended up wanting even more real estate. So I bought a second, matching 4K monitor, and it's great. It's like having 8x1080p monitors.
I would love the additional real estate from a third and fourth monitor (i.e., 8K equivalent) but things would get harder at that point because of neck movements, stand availability and the fact that I have a small form factor PC with no room for additional video cards.