Thank you
Tony Mark
Compass
310-230-5744
This exceedingly rare opportunity is the only available property zoned for multi-family use in all of Malibu. Comprised of 2 parcels totaling 6+ acres, these flat lots are perfectly situated with tranquil ocean views on the landside of Paradise Cove and adjacent to the luxury condos at The Pointe. The large parcel is nearly 5.2 acres, and the second parcel is approximately 0.8 acres with a burnout homesite from a former ~3,004 sq. ft. residence and guest house. Per the City of Malibu's Local Coastal Program, both properties are zoned for multi-family residential allowing for 6 units per acre. Both sites are a moment's drive from the shops and restaurants at Point Dume Village and Trancas Country Market, as well as sandy beaches, highly rated schools, parks, and trails. A development opportunity of this magnitude, location, and land use designation is likely the last of its kind on the Malibu coastline. Includes APN's 4467-013-022 & -023
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Total Baths: 0
Full Baths: 0
Half Baths: 0
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 6.0662
Lot Size Source: Other
Lot Size Square Feet: 264245
Original List Price: 15,000,000
Listing Contract Date: 2023-05-11
Listing Agreement: Exclusive Right To Sell
Parcel Number: 4467013023
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C33 - Malibu
Postal Code Plus 4: 3913
Directions: PCH to property address.
Zoning: LCRP
Source Property Type: Land
Area: C33 - Malibu
Year Built Source: Vendor Enhanced
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2517 Encinal Canyon Road, Malibu, CA,90265 | $649,000 | -- | -- | -- | 321979 Sqft |
Land, Malibu, CA,90265 | $1,000,000 | -- | -- | -- | 1524164 Sqft |
3874 Puerco Canyon Road, Malibu, CA,90265 | $6,495,000 | 6 | 6 | 6,400 | 65496 Sqft |
21424 Pacific Coast Hig.., Malibu, CA,90265 | $11,450,000 | 3 | 3 | 3,080 | 5071 Sqft |
34229 Mulholland Highway, Malibu, CA,90265 | $1,600,000 | -- | -- | -- | 434061 Sqft |
23754 Malibu Road, Malibu, CA,90265 | $34,500,000 | 4 | 5 | 3,857 | 11974 Sqft |
27432 Latigo Bay View D.., Malibu, CA,90265 | $4,195,000 | 5 | 3 | 4,321 | 46094 Sqft |
29500 Heathercliff Rd. #3, Malibu, CA,90265 | $1,395,000 | 3 | 2 | 1,568 | 4050 Sqft |
34040 Mulholland Highway, Malibu, CA,90265 | $469,000 | -- | -- | -- | 215104 Sqft |
22800 Beckledge Terrace, Malibu, CA,90265 | $8,250,000 | 3 | 3 | 2,878 | 46244 Sqft |
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ByOwner last updated this listing 04/29/2024 @ 02:26
MLS: 23265981
LISTED BY: Tony Mark, Compass
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.