20434 Seaboard RD, Malibu, CA 90265 - MLS#25570729

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,150,000

Est. payment | -/mo

0.34 Acres Lot

Save

$ 2,150,000

Est. payment | -/mo

Save

0.34 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25570729

HOA Y/N No

Lot Size 0.341 Acres

Property Description

Here's a breakdown of the compelling features of this Malibu burnout lot in the Big Rock area: This lot offers expansive views of the Pacific Ocean, city lights (known as the Queen's Necklace), and even Catalina Island. Situated in the coveted Big Rock area, the location provides both seclusion and convenience, being just 3 miles from Sunset and PCH. Beyond the magnificent views, this property offers a distinct advantage as it's a burnout lot, meaning it was previously developed and retains valuable infrastructure. Existing amenities include a certified septic system, mature landscaping with a gorgeous backyard featuring two ponds and waterfalls, lawn, driveway, patios, and much of the original foundation remains intact. Burnout lots, due to their previous development, qualify for an expedited building permit process. This significantly reduces the typical timeframe and difficulty associated with obtaining permits in Malibu, potentially shortening the process by years. This allows for quicker construction and the ability to personalize the home with desired finishes in a fraction of the usual time. Investing in a burnout lot offers the potential for significant appreciation as the Big Rock neighborhood rebuilds with modern, state-of-the-art homes, replacing the original 1960s tract homes. This property presents a rare and desirable opportunity to build a custom dream home with unparalleled views and a significantly streamlined construction process in one of Malibu's most sought-after neighborhoods. In addition, you may be able to put a trailer or ADU on the property to utilize while waiting to build.

Location

State CA

County Los Angeles

Area C33 - Malibu

Zoning LCR120000*

Interior

Fireplace No

Exterior

View Y/N Yes

View City Lights, Coastline, Ocean, Panoramic

Building

Sewer Septic Type Unknown

Water Public

New Construction No

Schools

School District Santa Monica-Malibu Unified

Others

Senior Community No

Tax ID 4450015034

Acceptable Financing Trust Deed

Listing Terms Trust Deed

Special Listing Condition Standard

Listed by Bill Rhodes Compass

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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20434 Seaboard RD Malibu, CA 90265