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$635,000
25620995 MLS
Introducing a five-acre development opportunity on Escondido Drive in Malibu. This parcel comes with vested Coastal Commission rights from a 1990s permit for home with garage, workshop, and accessory structures, with enough work completed at the time to secure the permit permanently. Full plans from the original project are available, as well as a 2020 architectural design by Bruce Bolander for a stunning 2,500-square-foot modern residence complete with renderings. Significant site work has already been completed, including approximately $100,000 worth of geological and GMED work. The building pad, grading, and retaining walls are complete, and both the driveway and road leading to the parcel are fully paved. A private well reaching 200 feet deep, with water just 40 feet below the surface, has been fully signed off and includes a recently replaced pump. Power is readily accessible with a pole at the property line, and temporary power existed previously under the original permit. The site includes a draft hydrant, underground plumbing from the well to the tanks, drilled seepage pits, a certificate of compliance, and all necessary easements. Although the original building permit has expired, all completed work has been signed off and is verified on file with Building & Safety, ensuring a clear and legitimate foundation for moving forward. The property also benefits from a valuable Coastal Permit Exemption, confirmed in writing by the Coastal Commission. As long as the new design remains generally within the footprint and scope of the originally permitted home, obtaining a new permit should be more straightforward. This is one of Malibu's most development-ready sites offering privacy, natural beauty, and a significant head start on building.

2972 Escondido Dr, Malibu

Courtesy of Coldwell Banker Realty, Brian Merrick - CA DRE#01204107

$635,000
25620995 MLS
Introducing a five-acre development opportunity on Escondido Drive in Malibu. This parcel comes with vested Coastal Commission rights from a 1990s permit for home with garage, workshop, and accessory structures, with enough work completed at the time to secure the permit permanently. Full plans from the original project are available, as well as a 2020 architectural design by Bruce Bolander for a stunning 2,500-square-foot modern residence complete with renderings. Significant site work has already been completed, including approximately $100,000 worth of geological and GMED work. The building pad, grading, and retaining walls are complete, and both the driveway and road leading to the parcel are fully paved. A private well reaching 200 feet deep, with water just 40 feet below the surface, has been fully signed off and includes a recently replaced pump. Power is readily accessible with a pole at the property line, and temporary power existed previously under the original permit. The site includes a draft hydrant, underground plumbing from the well to the tanks, drilled seepage pits, a certificate of compliance, and all necessary easements. Although the original building permit has expired, all completed work has been signed off and is verified on file with Building & Safety, ensuring a clear and legitimate foundation for moving forward. The property also benefits from a valuable Coastal Permit Exemption, confirmed in writing by the Coastal Commission. As long as the new design remains generally within the footprint and scope of the originally permitted home, obtaining a new permit should be more straightforward. This is one of Malibu's most development-ready sites offering privacy, natural beauty, and a significant head start on building.

2972 Escondido Drive, Malibu

Listing courtesy of Listing Agent: Brian Merrick (Brian@BrianMerrick.com) from Listing Office: Coldwell Banker Realty.

$675,000
3 Beds 3 Baths 23321161 MLS
New co-ownership opportunity: Own one-eighth of this turnkey home, professionally managed by Pacaso. Named for the beach just steps away, Las Flores is a perfect oceanfront hideaway, with stunning views of the sparkling Pacific, islands and Queen's Necklace. This two-story contemporary has decks on both levels and private steps leading to the shore. Inside, the open concept layout is all about endless vistas, relaxation and entertaining. The first floor has floor-to-ceiling, wall-to-wall glass sliders plus a picture window, framing views to enjoy the living and dining area as well as the gourmet kitchen. The doors open to a covered balcony perfect for al fresco dining. The kitchen features Caesarstone countertops, high-end stainless steel appliances, a beverage fridge and bar seating. Behind the kitchen is a handy laundry area and a full bathroom is nearby. One of two staircases leads directly to the primary suite, which features a fireplace, a beachfront balcony and a spa-style en suite bathroom with a soaking tub, tiled shower and dual-sink vanity. The other stairway goes to a landing with doors to a private patio. Also on this level are a guest bedroom and bathroom, and a family room/office which is also accessible from the primary suite. This getaway is midway between Malibu and Santa Monica, and close to Duke's Malibu, Nobu and shopping. The home, which has a two-car garage with a second refrigerator, comes fully furnished and professionally decorate

20616 Pacific Coast Highway, Malibu

Listing courtesy of Listing Agent: Joseph Maehler (mls@pacaso.com) from Listing Office: Pacaso Inc..

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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