Listed by Christopher Cortazzo with Compass

0 Trancas Road

Malibu, CA, 90265

$30,000,000

$30,000,000
Active
Active
 - For Sale
property_type
Land
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.
MLS® ID:
21766228
Listed:
7/27/21
Updated:
3/22/23
Coldwell Banker
Mark Gonzales
Mobile: (310) 795-9920Email: mark@markgliving.com

Exterior/Building Features

Lot Size
24.88 acres lot

School Information

High School
Santa Monica-Malibu Unified

Other Property Details

Area Name
C33 - Malibu
Garage
No
Parking
N
View
Y
County
Los Angeles
Water Source
Public
Pool
No
Zoning
LCR3-C2*
Buyer Agency Compensation
2.500

Property History

Date
Event
Price
Value
11/21/22
Price Change
$30,000,000
120%

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/22/23. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 3/22/23 at 6:26 AM UTC

Coldwell Banker
Mark Gonzales
Mobile: (310) 795-9920Email: mark@markgliving.com
Contact