$24,000,000 0 Trancas Road Malibu, CA

MLS: 20568760   Type: Land   County: Los Angeles   City: Malibu   Zip: 90265  

Mortgage $112,676 /mo

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24.88

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All ocean views and possibilities, these two contiguous vacant parcels (APN 4470-012-002 and APN 4470-012-046) await your imagination. Totaling approximately 24.88 acres, the gently sloping property is located just north of star-studded Broad Beach, on the northwest corner of Trancas Canyon and the Pacific Coast Highway, adjacent to the Trancas Country Market. The property is zoned RR-5 (Rural Residential), which allows for one dwelling unit per five acres. The current owner has submitted a Coastal Development Plan to the City of Malibu to subdivide the land into four parcels and expects to be able to record a subdivision map soon. The new owner of this magnificent piece of land can either continue with the four-home subdivision plan or build two estate-size properties to enjoy the views of Big Dume, Zuma, Broad Beach, islands, and sunsets galore.

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Price History

4/3/2020 Listed $24,000,000

Directions Pacific Coast Highway - Trancas Road.
Listagentaor Malibu
Listing Agent Christopher Cortazzo - BRE#01190363
Listing Agent State License 01190363
MLS Area C33 - Malibu
Price Per Square Foot 22.14
Source System CRMLS
Special Listing Conditions Standard
View Coastline, Mountain(s), Ocean, Panoramic, White Water
Zoning LCR3-C2*

Exterior Features

Lot Size Area 1083917.0000
Lot Size Source Other
Lot Size Square Feet 1083917.00
Lot Size Units Square Feet

Property Schools



Direct Link:

https://www.jvalenrealestate.com/property/25-20568760-0-Trancas-Road-Malibu-CA-90265

Gallery (11 photos)

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Property vs Zip Code Avg (90265)

Price 24.0M Avg 3.18M

Acres 24.88 Avg 11.45

Visits 202 Avg 32

Days on Site 205 Avg 175

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Listing Provided Courtesy Of: Christopher Cortazzo with Compass.




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Location & Address

J Valen RE Team

Los Angeles, CA
310-231-6864
888-879-7812