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2972 Escondido Drive

Malibu, CA 90265
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SqFt238,613

Sqft(Lot)

Introducing a five-acre development opportunity on Escondido Drive in Malibu. This parcel comes with vested Coastal Commission rights from a 1990s permit for home with garage, workshop, and accessory structures, with enough work completed at the time to secure the permit permanently. Full plans from the original project are available, as well as a 2020 architectural design by Bruce Bolander for a stunning 2,500-square-foot modern residence complete with renderings. Significant site work has already been completed, including approximately $100,000 worth of geological and GMED work. The building pad, grading, and retaining walls are complete, and both the driveway and road leading to the parcel are fully paved. A private well reaching 200 feet deep, with water just 40 feet below the surface, has been fully signed off and includes a recently replaced pump. Power is readily accessible with a pole at the property line, and temporary power existed previously under the original permit. The site includes a draft hydrant, underground plumbing from the well to the tanks, drilled seepage pits, a certificate of compliance, and all necessary easements. Although the original building permit has expired, all completed work has been signed off and is verified on file with Building & Safety, ensuring a clear and legitimate foundation for moving forward. The property also benefits from a valuable Coastal Permit Exemption, confirmed in writing by the Coastal Commission. As long as the new design remains generally within the footprint and scope of the originally permitted home, obtaining a new permit should be more straightforward. This is one of Malibu's most development-ready sites offering privacy, natural beauty, and a significant head start on building.

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Detail Ic Property Details

Property Type : Land

Price : $635,000

AD Id : 69417798

MLS Id : 25620995

Lot Size : 238,613 Sqft(Lot)

County : Los Angeles

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Feature Features

  • Lot Information

    Main Square Feet: 238613 Lot Size Acres: 5.4778 Lot Size Source: Assessor Lot Size Square Feet: 238,613 Lot Description: Agricultural,Horse Property,Secluded

  • Listing Price Information

    Listing Price: $635000
    Original Price: $650000

  • Tax Information

    Parcel Number: 4465005034

  • Location Information

    Direction: PCH to Latigo to Escondido Dr to property WaterSource: Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3440 Cloudcroft Drive, Malibu, CA, 90265 $2,500,000 -- -- -- 35,355 Sqft(Lot)
3442 Cloudcroft Drive, Malibu, CA, 90265 $2,699,000 -- -- -- 15,282 Sqft(Lot)
3624 Surfwood Road, Malibu, CA, 90265 $1,200,000 -- -- -- 6,815 Sqft(Lot)
18128 Kingsport Drive, Malibu, CA, 90265 $2,150,000 -- -- -- 6,019 Sqft(Lot)
18301 Clifftop Way, Malibu, CA, 90265 $2,250,000 -- -- -- 9,322 Sqft(Lot)
18341 Coastline Drive, Malibu, CA, 90265 $1,749,000 -- -- -- 8,090 Sqft(Lot)
18354 Wakecrest Drive, Malibu, CA, 90265 $2,000,000 -- -- -- 6,024 Sqft(Lot)
18431 Coastline Drive, Malibu, CA, 90265 $1,849,000 -- -- -- 7,735 Sqft(Lot)
18439 Wakecrest Drive, Malibu, CA, 90265 $1,549,000 -- -- -- 7,907 Sqft(Lot)
18449 Kingsport, Malibu, CA, 90265 $1,440,000 -- -- -- 7,199 Sqft(Lot)

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ByOwner last updated this listing 08/21/2026 @ 20:47

MLS: 25620995 LISTED BY: Brian Merrick, Coldwell Banker Realty 310-457-6550 SOURCE: CRMLS

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