Water Views
Address
0 Trancas Road Malibu, CA
Price
$ 24,000,000
Property Attributes
  • MLS#20568760
  • TypeLand
  • CountyLOS ANGELES
  • CityMalibu
  • AreaMalibu
  • Zip90265
  • Style
  • Price$ 24,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size24.88 Acres
Listing Provided Courtesy Of:
Christopher Cortazzo with Compass.
Property Description

All ocean views and possibilities, these two contiguous vacant parcels (APN 4470-012-002 and APN 4470-012-046) await your imagination. Totaling approximately 24.88 acres, the gently sloping property is located just north of star-studded Broad Beach, on the northwest corner of Trancas Canyon and the Pacific Coast Highway, adjacent to the Trancas Country Market. The property is zoned RR-5 (Rural Residential), which allows for one dwelling unit per five acres. The current owner has submitted a Coastal Development Plan to the City of Malibu to subdivide the land into four parcels and expects to be able to record a subdivision map soon. The new owner of this magnificent piece of land can either continue with the four-home subdivision plan or build two estate-size properties to enjoy the views of Big Dume, Zuma, Broad Beach, islands, and sunsets galore.

Price History
4/3/2020 Listed $24,000,000

General Features

Directions Pacific Coast Highway - Trancas Road.
Listagentaor Malibu
Listing Agent Christopher Cortazzo - BRE#01190363
Listing Agent State License 01190363
MLS Area C33 - Malibu
Price Per Square Foot 22.14
Source System CRMLS
Special Listing Conditions Standard
View Coastline, Mountain(s), Ocean, Panoramic, White Water
Zoning LCR3-C2*

Exterior Features

Lot Size Area 1083917.0000
Lot Size Source Other
Lot Size Square Feet 1083917.00
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90265

Price
AVG $3.16M
$24M
Visits
AVG 31
193

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