Property
| Ownership: | For Sale |
|---|---|
| Area: | 2152 sq ft |
| Lot Size: | 2152 sq ft |
Financials
Price:$549,000
Listing Courtesy of Douglas Elliman
20538 Pacific Coast Hwy Malibu La
Description
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.
Neighborhood
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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.