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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$4,995,000

Est. payment - /mo

0.59 Acres Lot

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Wed Oct 21, 10:00am - 12:30pm

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26997435

HOA Y/N No

Lot Size 0.591 Acres

Property Description

Fully approved plans and Building permit issued for a 5400 sq. ft house with Subterranean three car garage and infinity pool and spa on a greater than 0.59 acres mostly flat land (Entire lot is usable, no steep slopes). Building permits have been issued, construction under progress, grading almost completed. No caissons, only footings!Purchase more than half-acre developed land (25,754.33 Sq. Ft, 0.59 acres) that has completed years of costly environmental reviews, Coastal Commission approvals, and City of Malibu architectural reviews. Located in Malibu Knolls highly coveted enclave located centrally on the landward side of the Pacific Coast Highway (PCH), offering panoramic views of Malibu Lagoon, the pier, and Surfrider Beach. Views of Catalina Island and Santa Monica. Just moments from Malibu's premier beaches, Malibu bluff Park, Malibu Pier, restaurants, shopping, and everyday conveniences, but still nestled on a quiet street. Easy access to PCH and 101. Approved plans and permits include: Two story 5400 square foot house with subterranean three car garage, includes balconies and all glass sliding collapsible doors on both floors overlooking expansive 270-degree views of the Ocean and Mountain views. Subterranean three car Garage with Basement storage rooms, Elevator from basement to top floors, Five bedrooms and Five and half baths with glass doors all overlooking the ocean, Laundry room with large walk-in pantry, Large patio deck with Ocean view and mountain views, Large kitchen with two islands and sinks, Family room with loft ceiling (18 ft) with fireplace, first floor has 10-foot ceilings , Living room 10-foot ceiling with fireplace, Dining room 10-foot ceiling with fireplace, Large enclosed Courtyard has 10-foot fountain feature with collapsible sliding glass doors that opens to the entire first floor making it a contiguous usable space for entertainment and can be accessed from all first-floor rooms including laundry room and first floor bedroom. large wrap around Balcony on second floor with ocean views, Light concrete between floors to reduced floor noise. Usable terrace above second floor for entertainment, large driveway long and wide allows multiple cars to park ideal for entertainment.Other features - Infiniti Swimming pool and spa and Baja, Sports court, Large Mediterranean Garden area with fruit trees, grape vines and sitting area, Large open area for playground next to garden, House is structurally engineered to allow future addition of 200 sq feet on second floor. (separate permit will be required for addition), Flat pad for future ADU, Large AOWTS system, LID drainage with Water storage tank, Fenced with gate. Sewer Stub for future connection to city sewer.

Location

State CA

County Los Angeles

Area C33 - Malibu

Zoning LCR120000*

Interior

Fireplace No

Exterior

View Y/N Yes

View Catalina, Coastline, Canyon, Mountain(s), Ocean, Water

Building

Sewer Septic Type Unknown

Water Public

New Construction No

Schools

School District Santa Monica-Malibu Unified

Others

Senior Community No

Tax ID 4458024013

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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Listed by John Snyder Compass #01785277

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California 92625, USA

23843 Harbor Vista DR Malibu, CA 90265