$3,600,000
$3,995,000
9.9%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with Leonard Rabinowitz • Christie's AKG