Property Detail

20434 Seaboard

Malibu CA 90265

$2,150,000

Status: Active

Property Details

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.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
Inquire Now
admin Real estate 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM Closed Closed https://static.royacdn.com/Site-da8039ec-6ba3-4175-a4d4-208d29681a64/team_photo_new.jpg realtor # # # https://static.royacdn.com/Site-da8039ec-6ba3-4175-a4d4-208d29681a64/team_photo_new.jpg 10969556 9492465452 02054356 9497060426 01397481 9499030026 02077688 9495007057 01963052 7143173874 02224448 7146093424