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Listed by: Ani Dermenjian (310) 738-0499 DRE #01185123 | Douglas Elliman (310) 975-3870
$549,000
-- Bed
- -- Bath
2,152sqft lot
20538 Pacific Coast Hwy, Malibu, CA 90265
$549,000
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Land
Built in -
$-- HOA
2,152 sqft lot
$255/sq.ft
Description
Attention developers, investors, and oceanfront seekers! This is your chance to create a custom coastal retreat on one of Malibu's most scenic and sought-after stretchesBig Rock Beach. The previous two-story, 3-bedroom, 3-bath home (approx. 1,853 sq. ft.) was lost in the Palisades/Malibu fire, leaving behind a prime, build-ready site with expansive, unobstructed ocean views.This unique leasehold opportunity offers exceptional value, with the current land lease secured through 2070 at just $1,126.74/month, with only a 3% annual increase- a rare find for Malibu beachfront. The potential here is tremendous, whether you choose to rebuild, renegotiate terms, or explore the pos...
Continue ReadingProperty Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
2,152 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25589117
MLS Status
Active
Days on Market
88
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