$4,750,000 Price Analysis   ♡   Malibu, CA 90265 Unknown bed 0 bath unknown SqFt ($0/SqFt) 72.83 acre lot. Listed 2024-05-07 | Ⓧ USDA Ineligible due to property near Malibu |
With a sweeping panorama of absolutely magnificent
Protected views, this rare estate site of approximately 72.8 acres is remote and private and yet easily accessible to central Malibu and Pepperdine University. Complete with plans for a main residence, garage, studio/barn and guest house, the property has acres of flat, buildable land, on-site utilities and a productive certified water well. As envisioned by renowned designer Vitus Matare, the sleek, single-level modernist residence of approximately 5, 600 square feet is built around a central courtyard and pool, with expansive glass walls, 360-degree views, generous decks and every amenity for indoor-outdoor living and entertaining.
The collector's garage features conditioned glass-enclosed display parking for seven vehcles. A separate, approximately 2, 800-square foot studio space could be completed as an office, gym, art or yoga studio or a retreat center, while a spacious, detached guest house and deck complete the compound as designed. The property , with its pretty contours and parkland setting, offers almost unlimited opportunity for further expansion, including vineyards or other private development. There is an active Coastal Development Exemption for the current plans, with permits expected this spring. APN# 4456-033-005, 37.9566 Lot Size and 4456-033-006, 34.8721 Lot Size.
Presented by Chris Cortazzo at
COMPASS.
Property MLS #24-388847 from TheMLSCLAW
Lot Size Acres: 72.828674
Lot Size Square Feet: 3172417
Calculated Total Monthly Association Fees: 0
County: Los Angeles
Directions: Pacific Coast Highway to Malibu Canyon Road to Right on Piuma Road to Address.
Source Property Type: Land
Area: Malibu
Source Neighborhood: Malibu
Parcel Number: 4456-033-006
Property Location: Hilltop, Varied, Rural
Zoning: LCA11Y
Source System Name: C2C
$4,750,000
TheMLSCLAW
Listing removed 2024-02-27
$0
TheMLSCLAW
Listed 2023-03-17
$4,995,000
TheMLSCLAW
Gas: Propane
Sewer: Septic Tank
Telephone: In Street
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.