23
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$650,000
Est. payment /mo
5 Sqft Lot
New
2943 Escondido DR Malibu, CA 90265
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25620995
HOA Y/N No
Lot Size 5 Sqft
Property Description
Introducing a five-acre development opportunity on Escondido Drive in Malibu. This parcel comes with vested Coastal Commission rights from a 1990s permit for home with garage, workshop, and accessory structures, with enough work completed at the time to secure the permit permanently. Full plans from the original project are available, as well as a 2020 architectural design by Bruce Bolander for a stunning 2,500-square-foot modern residence complete with renderings. Significant site work has already been completed, including approximately $100,000 worth of geological and GMED work. The building pad, grading, and retaining walls are complete, and both the driveway and road leading to the parcel are fully paved. A private well reaching 200 feet deep, with water just 40 feet below the surface, has been fully signed off and includes a recently replaced pump. Power is readily accessible with a pole at the property line, and temporary power existed previously under the original permit. The site includes a draft hydrant, underground plumbing from the well to the tanks, drilled seepage pits, a certificate of compliance, and all necessary easements. Although the original building permit has expired, all completed work has been signed off and is verified on file with Building & Safety, ensuring a clear and legitimate foundation for moving forward. The property also benefits from a valuable Coastal Permit Exemption, confirmed in writing by the Coastal Commission. As long as the new design remains generally within the footprint and scope of the originally permitted home, obtaining a new permit should be more straightforward. This is one of Malibu's most development-ready sites offering privacy, natural beauty, and a significant head start on building.
Location
State CA
County Los Angeles
Area C33 - Malibu
Zoning LCA11*
Interior
Fireplace No
Exterior
View Y/N Yes
View Canyon, Park/Greenbelt, Hills, Panoramic, Rocks, Creek/Stream, Trees/Woods
Building
Lot Description Agricultural, Horse Property, Secluded
Sewer Septic Type Unknown
Water Well
New Construction No
Schools
School District Santa Monica-Malibu Unified
Others
Senior Community No
Tax ID 4465005034
Horse Property Yes
Special Listing Condition Standard
Listed by Brian Merrick Coldwell Banker Realty
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