CA > Malibu
Malibu, CA 90265,2943 Escondido DR
Malibu, CA 90265,2943 Escondido DR
Malibu, CA 90265,2943 Escondido DR
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$650,000
Est. payment /mo
5 Sqft Lot
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UPDATED:

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

Read Less Info
CRMLS – RECore
Listed by Brian Merrick Coldwell Banker Realty

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