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20715 Las Flores Mesa Drive $3,995,000

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    20715 Las Flores Mesa Drive Malibu, CA 90265

    • 29.10 Acres
    • Land
    • MLS# 22202035
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    Views: 1 Days On Market: 3

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    Property Details

    The most compelling land offering in Eastern Malibu with true panoramic views of the ocean, sparkling Queen's Necklace, Catalina, and Malibu's winding coastline out to Point Dume. Consisting of 3 parcels totaling approx. 32 acres, this is an exceedingly rare opportunity to build a private estate, luxury compound, or subdivision for multiple residences. Previous architectural plans have been drawn for a 10,000+ sq. ft. luxury home with pools, a guest house, and cabanas. Located on a quiet cul-de-sac less than 5 minutes from Pacific Coast Hwy, the roughly graded driveway leads to several huge flat pads with massive ocean views. The upper pads look over the L.A. coastline out to Palos Verdes and gently roll to two lower pads with 360-degree views of the mountains, canyons, and ocean. Utilities are available on Las Flores Mesa Drive and the City of Malibu has previously begun the approval process with technical reports on file including geology, biology, archeology, soil, landscaping, and water seepage pits. Moments from downtown Malibu'' at Cross Creek, fine dining, beautiful sandy beaches, and countless amenities, while feeling worlds away immersed in the nature of the Santa Monica Mountains. This incredible property could be Malibu's next most luxurious landside home! Bring your architect and imagination to create something spectacular.

    • General Features
      • Buyer Compensation 4.000 %
      • County Or Parish Los Angeles
    • Property Features
      • Lot Size Acres 29.09
      • View Error: ClassID in tblMLSFieldPropertyType is null.

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    Neighborhood

    90265 (Malibu) Demographics

    50 Median Age
    157 Population Density (per sq. mile)
    73% College Educated
    $163,909 Estimated Median Income
    5,603 Estimated Total Home Owners
    1,425 Estimated Total Renters
    80% / 20% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    18,028 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $2,825,000 Median Sales Price
    25 Homes Sold
    62 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,995,000
        9/22/2022 6:50:00 PM New in Database Source: Multiple Listing Service New Value: $3,995,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 9/24/2022 4:06:24 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.