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44 photos
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$749,000
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25500701
HOA Y/N No
Lot Size 0.513 Acres
Property Description
Spectacular ocean views + complete package w/ACTIVE PERMIT, EASY SLAB ON GRADE FOUNDATION! All just 4 minutes to beach, 5-6 minutes to Pepperdine and Malibu Civic Center. Phase I is a fully permitted, shovel-ready Modern 2-story, 2+2 home of just under 1400sf, 400sf finished attached garage. Phase II is a proposed expansion of the permitted build, ~ 3000sf. Home has septic approval for permitted phase 1 using the existing system with tank replacement. Enjoy forever parkland and ocean views on this over 1/2-acre lot. Flat building pad + gorgeous ocean, PV, Catalina, Santa Monica Bay and city lights of the queen's necklace. All of this, and a close-in central location. NOT JUST RTI - but permit issued, so all the time and guesswork have been eliminated, allowing you to be living your dream in months instead of years. Existing plans are for a 2-bedroom build of 1364sf + 360sf of deck + a 440sf finished garage that can possibly integrate to living space. Favorable geo/soils and engineering for minimal foundation and build costs. There is also a different floor plan available (attached) but would require a few months' delay, and some minor costs. Please see all in photos. Builder bid set and permit available upon accepted offer. This lot and home site is adjacent parkland that will never be developed. Usually, being within a view corridor, restricts a new building to 1 story (18 feet). BUT, this is a fire rebuild, and the owners took every advantage of the Woolsey concessions to gain now impossible building heights, and code advantages not available on a standard build. Want a great comparable? Look at 2128 Corral Canyon Rd, 529ft 2+2, sold for $1.679.000. This is 1 lot from subject, closed sale, 2.23.2024 - MLS #24-361429. Permitted projects with ocean views sell fast, crunch the numbers and see how this is the hands down the best value in all of Malibu! CAUTIONS, CALL BEFORE WALKING THE LOT OR TRYING TO LOCATE PROPERTY.
Location
State CA
County Los Angeles
Area C33 - Malibu
Zoning LCR17500*
Interior
Fireplace No
Exterior
View Y/N Yes
View Bay, City Lights, Ocean
Building
Lot Description Sloped Down, Flat
Sewer Other, Septic Type Unknown
Water Public
New Construction No
Others
Senior Community No
Tax ID 4457010014
Special Listing Condition Standard
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Listed by Kelly Pessis • Compass