1848 Newell Rd Active Save Request In-Person Tour Request Virtual Tour
Malibu,CA 90265
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25533585
Lot Size 1.501 Acres
Acres 1.5006
Property Description
The listed address of 1848 Newell is based on addresses of nearby developed properties. The County of Los Angeles has confimed the address. The LA County GIS system indicates that the average slope of the lot has a desending slope of 3 feet of vertical for every 1 foot of horizontal towards the north. The previous home on the property was built on stilts. The likely buyer is someone who wants to utilize the the Transfer Development Credit Program to increase the size of a home that exists or they want to build in the Malibu Bowl neighborhood in Corral Cyn. and it is priced accordingly. There are other homes nearby which indicates that this may be developed as a single family home. The owner was told by the county that he would be limited to about 900 Sq. feet of habitable space plus a garage. No plans, approvals, studies or reports exist. The current owners inherited the property over 25 years ago and have decided it is surplus to their needs.
Location
State CA
County Los Angeles
Area Malibu
Zoning LCR17500*
Exterior
Waterfront Description None
View Y/N Yes
View Green Belt, Hills, Canyon, Mountains
Building
Lot Description Horse Property Unimproved, Value In Land, Single Lot, No Landscaping, Raw Land, Lot Shape-Rectangular
Sewer Septic Tank
Water Water District
Schools
School District Santa Monica-Malibu Unified School District
Others
Special Listing Condition Standard