Property listed by Compass, Sam Araghi 310-437-7500
$2,800,000
Exceptional Development Opportunity with Panoramic Ocean Views in Western Malibu Uniquely designed by renowned local architect Doug Burdge, A.I.A., and with Planning Phase Approval already secured from the City of Malibu, this is your chance to build a modern 5-bedroom masterpiece overlooking the Pacific. Perfectly perched above El Pescador Beach,… Read More this prime burnout lot offers unparalleled development potential with sweeping, unobstructed ocean views. With direct access to Pacific Coast Highway, the property offers exceptional visibility, convenience, and long-term value. The site qualifies for Malibu's expedited rebuilding process for burnout lots, including a valuable 10% size bonus allowing construction of up to 3,800 sq ft. This streamlined permit path significantly reduces both time and holding costs, making it an ideal opportunity for luxury end-users and savvy investors alike. Located just under 10 minutes from Trancas Country Market and world-famous beaches and surf breaks, and only 30 minutes from Camarillo's private airport, the lifestyle and access are unmatched. All utilities are available at the street, ready for immediate development. Lower pool deck to be permitted separately. Read Less
Listing Snapshot
Days Online
18
Last Updated
Property Type
Other
Lot Size
0.73 Acres
MLS Number
25513511
30 Days Snapshot Of 90265
$3,871k
-29%
(avg) sold price
5
-61%
homes sold
123
+17%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
0.7254 acres, 31,599 square feet, Size: 31,599
Property
Zoning: LCR120000*, Ocean, Panoramic
Sewer
SepticTypeUnknown
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