Malibu, CA 90265,0 Busch DR

$3,600,000

$3,995,000

9.9%
Est.Price: ?

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Est. payment /mo

5.03 Acres Lot


SOLD DATE : 07/18/2024

Key Details

Sold Price $3,600,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24370889

Lot Size 5.030 Acres

Property Description

The best development opportunity in Malibu! Located in the coveted neighborhood of Malibu Park, these 3 legal parcels total over 5 acres and each boasts legal access, a water meter, and a flat building pad with panoramic ocean and mountain views. Conceptual plans for three luxury homes have been designed by renowned local designer Vitus Matare, which are included in the sale. Access is gated on Busch Drive and a paved road leads to an upper cul-de-sac acting as central access and a fire turnaround for a luxury subdivision. Lot 1, 6100 Busch Drive, totals 1.82 acres and offers commanding ocean views from the highest point of these properties. With a TDSF of 8,296 sq. ft., the proposed design is 5,179 sq. ft. and maximizes the peaceful views with walls of glass, soaring ceilings, and an infinity edge pool. Lot 2, 6110 Busch Drive, is the largest parcel at 1.94 acres, and overlooks Bonsall Canyon and the mountain vistas beyond. With an estimated TDSF of 8,401 sq. ft., the conceptual modern design of 5,753 sq. ft. offers privacy, expansive sun decks, and a pool. Lot 3, 6118 Busch Drive, is 1.27 acres and offers direct ocean views and a beautiful south facing exposure. With a TDSF of 7,861 sq. ft., the proposed design totals 5,637 sq. ft. and is an entertainer's dream, featuring a large entry level sun deck and pool, with a lower level offering a peaceful retreat of bedrooms and open living spaces. These conceptual plans are available to be utilized, expanded upon, or re-imagined to taste! With a perfect central location, these lots are just moments away from the surf and sand at Zuma Beach, local markets, highly rated schools, and pristine recreational trails. This is one of the last and largest undeveloped ownerships in a premium Malibu neighborhood, with endless potential waiting to be fully realized. All measurements and estimates are the result of intensive research, but are not guaranteed. Buyer to verify all possibilities, measurements, and requirements with the appropriate professionals.

Location

State CA

County Los Angeles

Area C33 - Malibu

Zoning LCRA20

Exterior

View Y/N Yes

View Mountain(s), Ocean, Orchard, Trees/Woods

Building

New Construction No

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Russell Grether • Compass
Bought with Leonard Rabinowitz • Christie's AKG

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