Halfway through Building and Safety! Enjoy breathtaking ocean views from approximately 1 acre of property in the picturesque hills of Malibu. Located just 15 minutes from world renowned Nobu, Soho House, Malibu Pier, and 20 minutes from Santa Monica, this is a rare opportunity to purchase your ready-to-build dream home! No need to waste time waiting for coastal commission approval, this property has approved plans which include a 1,728 SF single family residence with an additional 1,000 SF of deck space. The modern open floor plan will feature a 280-degree view with floor to ceiling sliding glass doors in both the living room and bedroom, creating an indoor-outdoor living space and giving you beautiful ocean views. The living room is perfect for entertainment with a retractable 16ft x 9.5ft daytime/nighttime screen and projector. A custom chef's kitchen will include a marble island, Sub-Zero and Wolf appliances including espresso machine, one convection oven and two speed ovens, dual refrigerators and dual wine cabinets. Escape to the bedroom, where you will find an electric holographic fireplace, 8k Samsung flat screen television, and two walk-in closets. You will have one full bathroom that has a top rain shower with front and side jets and a half bathroom with a linen closet. The home will be powered by solar panels with battery backup with enough energy for an EV charger. No need to worry about internet connection, the home will feature commercial grade Wi-Fi. An additional flat pad is perfect for either an airstream or more outdoor living space. An existing septic system as well as existing water service will save you time and money. A perfectly curated landscaping design elevates this spectacular property with year-round lushness and exotic energy. Colorful, water conscious and low maintenance cacti, agave, and palms are accentuated by white-flowering gardenias and magnolia trees. Pick your own fresh citrus from the abundant lemon and blood-orange trees on site. The front lawn area provides ample space for playing with pets and other outdoor activities. A cascading tropical garden steps from the living room and kitchen is the perfect place to enjoy a morning coffee while watching the sun rise over the city and coastline. Currently processing building and safety permits. All planning work and approvals were supervised by Schmitz and Associates. Purchase price includes architecture design with a full set of plans, landscape, construction and engineering documents, survey, geotechnical report, and biology report all for $2.2M. Developer will also include conceptual plans for a 1,700 SF extension, which will feature two additional bedrooms, a covered garage, swimming pool and a gym. There is an adjacent 3.21-acre lot that can be purchased for an additional price of $500,000, giving you extra privacy and creating over a 4 acre estate! The adjacent lot includes survey, topography, geological and buyer report. Don't miss this incredible opportunity to build your multimillion-dollar Malibu home!
|DAYS ON MARKET||96||LAST UPDATED||3/22/2022|
|STATUS||Active||PROPERTY TYPE(S)||Single Family|
|APPLIANCES||Convection Oven, Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer|
|SEWER||Septic Type Unknown|
TOTAL MONTHLY PAYMENT
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