$2,600,000
Remodel / Development Opportunity in Prestigious Monte Nido. Welcome to an exceptional offering in the highly coveted Monte Nido community, ideally positioned between Malibu and Calabasas. Tucked away in a peaceful canyon surrounded by lush natural beauty, this gated nearly 2-acre equestrian estate offers privacy, serenity, and remarkable development potential. Included with the property are ready-to-issue architectural plans for a stunning designer farmhouse-style residence of approximately 3,500 square feet, thoughtfully designed with luxury living and seamless indoor-outdoor entertaining in mind. The plans showcase expansive living spaces, a dramatic chef's kitchen with oversized island, elegant dining and living rooms with custom fireplaces, a dedicated office/library, and beautifully appointed bedrooms and spa-inspired bathrooms. Additional outdoor amenities could include a pool pavilion, lounge areas, firepit gathering space, and resort-style pool, creating the ultimate private retreat. Many high-end materials have already been purchased and are available with the sale, allowing the next owner to move forward quickly and efficiently with construction. The property also features valuable existing improvements including a permitted guest house, farm stand, barn stalls, storage shed, and riding arena, making it ideal for equestrian living. The grounds offer expansive open space and are highlighted by a full tournament-size tennis court with lighting, providing endless opportunities for recreation and entertaining.With the main house currently gutted and ready for transformation, this rare offering provides a unique chance to bring a visionary estate to life in one of Southern California's most sought-after canyon communities. A perfect opportunity for builders, developers, or end-users to create immediate equity and long-term value in Monte Nido. RTI plans available. Priced to sell.
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Listed by Donovan Healey with Coldwell Banker Realty (818) 788-5400
Property Type
Single Family Residence
Status
Active
MLS Number
26660803
Year Built
1970
Lot Size
1.68 acres