Available Listings

$635,000 (USD)
Active

Malibu Area Land

Active

2972 Escondido Dr Malibu, CA 90265

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MLS# 25620995
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.
Listing Courtesy of Combined L.A. Westside (CLAW) / Listed By: Brian Merrick, Coldwell Banker Realty
$445,000 (USD)
Active

Malibu Area Land

Active

33069 Mulholland Hwy Dr Malibu, CA 90265

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0 Baths
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MLS# 26996881
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.
Listing Courtesy of Combined L.A. Westside (CLAW) / Listed By: William "Bill" Moss, Coldwell Banker Realty