0 Trancas Road, Malibu, CA 90265

$24,000,000
List Price
$24,000,000
MLS#
20-568760
Lot Size
1,083,917
Lot Location
Near Public Transit, Park Nearby
Days on Market
63
Property Type
Land

Property Description

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.

Additional Information

Lot Description
2-4 Lots, Raw Land, Street Paved
View
Coastline, Mountains, Ocean, Panoramic, White Water
Water
District
School District
Santa Monica-Malibu Unified School District

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of , Christopher Cortazzo - CA DRE#

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