$449,000
Attention developers, investors, and oceanfront seekers! This is your chance to create a custom coastal retreat on one of Malibu's most scenic and sought-after stretchesBig Rock Beach. The previous two-story, 3-bedroom, 3-bath home (approx. 1,853 sq. ft.) was lost in the Palisades/Malibu fire, leaving behind a prime, build-ready site with expansive, unobstructed ocean views.This unique leasehold opportunity offers exceptional value, with the current land lease secured through 2070 at just $1,126.74/month, with only a 3% annual increase- a rare find for Malibu beachfront. The potential here is tremendous, whether you choose to rebuild, renegotiate terms, or explore the possibility of purchasing the land outright.Located directly on the beautiful Pacific Coast Highway and just minutes from central Malibu, this site delivers unparalleled access to the coastline, convenience, and world-class views.Opportunities like this are exceptionally rare- act quickly. Call now for more details.
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Listed by Ani Dermenjian with Douglas Elliman (310) 975-3870
Property Type
Land
Status
Active
MLS Number
25589117
Year Built
N/A
Lot Size
2,152 sq ft