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0 Trancas Road Asphalt, Malibu, CA 90265
0 Beds
0 Baths
n/a sqft

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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.
  • Price:
  • $24,000,000
  • Acreage:
  • 24.88
  • Listing ID #:
  • 20-568760
  • Street Address:
  • 0 Trancas Road Asphalt
  • City:
  • Malibu
  • State:
  • California
  • Postal Code:
  • 90265
  • County:
  • Los Angeles
  • Community:
  • Malibu
  • Listing Status:
  • Active
  • View:
  • Coastline, Mountains, Ocean, Panoramic, White Water
  • Conforms To Zoning:
  • Lcr3-C2*
  • Lot Description:
  • 2-4 Lots, Raw Land, Street Paved
  • Lot Square Footage:
  • 1083917
  • Street Type:
  • Asphalt
  • Electricity:
  • In Street
  • Existing Water:
  • District
  • Gas:
  • In Street

The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Christopher Cortazzo of Compass
  • CACLAW

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