1951 Newell Road, Malibu, CA 90265

$225,000 Approx. USD 0 beds, 0 baths

Agent Remarks

Located in one of Malibu's most popular recreation destinations above year-round waterfalls. Large street 2 street lot w/sweeping views & surrounded by protected parkland, ocean breezes, mountains & nature. GSA calculations suggest a home consistent w/neighboring homes of 3000sf. Vitus Matare and Associates plans available for purchase. Low interest 30 year fixed bank financing available with as little as 25% down, OAC. Next to multi-million dollar homes, this lot has expensive upgrades like water meter on site, some septic, geo and soils reports available for update, 2 formally graded flat pads and driveway. Expired costal intent to issue permit in file. Great spec. project or dream home. Sweeping parkland views in central Malibu, just minutes to beaches, shops & Pepperdine. Forever views are pretty much guaranteed on this over 17,000 square foot lot, & the gentle slope makes for a reasonably priced project. In area serviced by new Building & Safety/Coastal One-Stop permit center!!!

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# 16-113520
List price is $225,000
Beds: 0
Baths: 0
County: Los Angeles
Zoning: LCR17500*
Lot description: Street Paved,Street Public (N),Street Asphalt
MLS area: Malibu (C33)

Last Updated: 10/24/2016

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This listing belongs to the Malibu (C33) MLS area

The listing is zoned LCR17500.
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Lat/Long: 34.061409, -118.738434.
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Broker: Courtesy of Compass
Listing Agent: Kelly Pessis

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