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$1,880,000
Est. payment /mo
0.46 Acres Lot
UPDATED:
11/12/2024 02:05 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24-453829
Lot Size 0.465 Acres
Acres 0.4648
Property Description
Motivated seller will consider all serious offers. Introducing the best-priced burnout lot in Malibu Park and one of the last opportunities of its kind! Situated in one of Malibu's most desirable locations, this flat nearly half-acre lot has peaceful ocean views and a premiere location near sought-after amenities. The sale includes PV-approved plans for a beautiful modern enclave by Vitus Matare and a fire rebuild CDP application, which has several approvals and is currently active in the planning department. These plans offer an integrated two-phase approach to construction. In phase one, the PV-approved building permits can be obtained through the last step in plan check during an estimated time of 2-3 months. In phase two, once construction has begun, the buyer can pursue the active CDP application for a ~40% increase in additional square footage, bringing the total to ~4,444. The additions detailed in phase 2, including building out the lower level and a pool/spa, are structurally included in the PV-approved plans and there will be little to no demolition required once the phase 2 permits are active. This is the perfect time for the future owner to finalize the plans and update the details to taste while taking advantage of the extensive time and money already invested into the property. Located above the sand and surf at Zuma Beach and a moment's drive to stunning trails, highly rated local schools, Trancas Country Market, Point Dume, and more. Take this impeccable design in the perfect Malibu location and add your own finishes to create the ultimate coastal retreat!
Location
State CA
County Los Angeles
Area Malibu
Zoning LCRA20000*
Exterior
View Y/N Yes
View Mountains, Ocean
Others
Special Listing Condition Standard
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Listed by Compass
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