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$275,000
Est. payment /mo
0.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26992819
Lot Size 0.499 Acres
Acres 0.499
Property Description
Use these coordinates to locate the property (34.0477119, -118.7721332) Rare opportunity to create a Malibu retreat on a downslope ocean-view lot in an established neighborhood approximately 3 miles from PCH. The property is situated on a paved street with neighboring homes and previously had a Coastal Development Permit for a proposed 1,979 sq. ft. residence plus approximately 1,282 sq. ft. of decks and balconies. Supporting documentation on file includes a Water Department Will Serve letter, Fire Department approval, signed Health Department approval of the septic system, a Notice of Extension Request for the CDP, and a Notice of Intent to Issue CDP. The prior CDP has expired, and any future development will be subject to current regulations and agency approvals. Newer height restrictions may affect the allowable square footage and overall design of a future residence. Buyer to conduct independent due diligence regarding development potential, permits, approvals, and applicable restrictions.
Location
State CA
County Los Angeles
Area Malibu
Zoning LCA11*
Exterior
View Y/N Yes
View Ocean, Canyon
Others
Special Listing Condition Standard
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Listed by Sotheby's International Realty