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$ 4,750,000
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72.83 Acres Lot
$ 4,750,000
Est. payment | /mo
72.83 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24388847
HOA Y/N No
Lot Size 72.829 Acres
Property Description
With a sweeping panorama of absolutely magnificent, protected views, this rare estate site of approximately 72.8 acres is remote and private and yet easily accessible to central Malibu and Pepperdine University. Complete with plans for a main residence, garage, studio/barn, and guest house, the property has acres of flat, buildable land, on-site utilities, and a very productive certified water well. As envisioned by renowned designer Vitus Matare, the sleek, single-level modernist residence of approximately 5,600 square feet is built around a central courtyard and pool, with expansive glass walls, 360-degree views, generous decks, and every amenity for indoor-outdoor living and entertaining. The collector's garage features conditioned glass-enclosed display parking for seven vehicles. A separate, approximately 2,800-square foot studio space could be completed as an office, gym, art or yoga studio, or a retreat center, while a spacious, detached guest house and deck complete the compound as designed. The property, with its beautiful contours and parkland setting, offers almost unlimited opportunity for further expansion, including vineyards or other private development. There is an active Coastal Development Exemption for the current plans, with permits expected this spring. APN# 4456-033-005, 37.9566 Lot Size and 4456-033-006, 34.8721 Lot Size.
Location
State CA
County Los Angeles
Area C33 - Malibu
Zoning LCA11Y
Interior
Fireplace No
Exterior
View Y/N Yes
View Bay, Coastline, Canyon, Park/Greenbelt, Mountain(s), Ocean, Panoramic
Building
Lot Description Horse Property
Sewer Septic Type Unknown
Water Well
New Construction No
Others
Senior Community No
Tax ID 4456033006
Acceptable Financing Cash
Horse Property Yes
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Listed by Christopher Cortazzo • Compass
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692