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$445,000
Est. payment /mo
10.22 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26996881
Lot Size 10.216 Acres
Acres 10.2157
Property Description
20 Acres Prime Malibu Opportunity! Located in one of the highest mountain areas of Malibu, this exceptional offering features two contiguous parcels (APNs 4472-007-019 and 4472-007-020) totaling approximately 20 acres. The property enjoys panoramic views spanning the ocean, mountains, and surrounding valleys. Adding to its appeal, a newly constructed neighboring estate with an estimated value exceeding $6,000,000 underscores the long-term potential of this location. The attractive pricing reflects a key factor: there is currently no recorded easement providing legal, insurable access via Etz Meloy Motorway from Mulholland Highway. While the owner has historically accessed the property via this private road, formal access rights have not been established. For a buyer capable of resolving the access issue, this presents a significant upside opportunity, with the potential to substantially increase the property's value. The property is ideally situated adjacent to the Backbone Trail and is bordered on two sides by protected U.S. government land, offering privacy, natural beauty, and long-term preservation of the surrounding environment. This is a rare opportunity for an experienced buyer or investor seeking to unlock value by solving a key entitlement issue.
Location
State CA
County Los Angeles
Area Westlake Village
Zoning LCA11*
Exterior
View Y/N Yes
View Ocean, Mountains
Others
Special Listing Condition Standard
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Listed by Coldwell Banker Realty