Malibu, CA90265
| MLS# 24425025
Tract:
For Sale $595,000
Description
Most Expansive Ocean View Property in Malibu ! Tremendous Potential with neighboring lots on Hovenweep selling for $950,000 and $777,000 and future homes valued at more than $5m ! First time Hovenweep Lane has been able to be built on now that the water/road , electric improvements ( over $1.5m spent ) installed and fully completed by end of October 2024 . All homes on the street will be brand new creating a high end luxury neighborhood within the next few years! Geology/ Percolation Test and Architectural drawings for an app. 6,000 sq. ft. custom home. The property sits up in the Malibu Mountains surrounded by nature with stunning panoramic ocean views and Views of the coastline "Queens Necklace" city lights. Numerous hiking trails all around the property and easy access to be in either Malibu/Calabasas or Topanga Blvd in 10 minutes. Incredible opportunity to own the best priced ocean view property in Malibu.
Facts
| Built in | Lot Size: 51256.00 sqft | HOA Dues: $0/month
Features
Listing provided by Bill Moss, Coldwell Banker Realty
Based on information from California Regional Multiple Listing Service, Inc. as of September 20, 2024. 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.