Malibu to Beverly Hills and Surrounding Areas

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Chris Cortazzo
Chris Cortazzo
License # DRE #01190363
COMPASS, PCH - MALIBU
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Compass - PCH Malibu

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0 Trancas Road
Malibu, CA 90265
MLS# 21-766228 ID: 71857277
$25,000,000
in mag
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Property Description
Land/Lot - MALIBU, CA 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.
Property Features
Status
Days On Market 331 days
Last Updated June 29, 2022
Market Status Available
Description
Property Type Land
Approx. Lot Size 24.88 Acres
Listing Features
Property Type Lots And Land;
Type of View
Mountain View
Ocean View
Water View

Data Provided by Combined LA Westside Multiple Listing Service, Inc

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