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$ 2,150,000
Est. payment /mo
New
20434 Seaboard RD Malibu, CA 90265
0.34 Acres Lot
UPDATED:
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