Water Views
Address
5797 Murphy Way Malibu, CA
Price
$ 5,750,000
Property Attributes
  • MLS#219054221DA
  • TypeLand
  • CountyLOS ANGELES
  • CityMalibu
  • AreaMalibu Beach
  • NeighborhoodNot Applicable-1
  • Zip90265
  • Style
  • Price$ 5,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size15.71 Acres
Listing Provided Courtesy Of:
Erik Christianson with The Hoffman Company.
Data Source:
CRMLS
Property Description

15.71 Acres Prime Estate Home Land w/ Ocean Views | 5797 Murphy Way | Malibu, CAOne of the most private estate locations in Malibu, this 15-acre vacant land parcel enjoys 180 degree views of the Pacific Ocean from the prominent pad area of the property, and limited drive-through traffic nestled at the end of Murphy Way and nearly adjacent to the Santa Monica Mountains - this is one of the last untouched but developable hill-side bluffs within the city limits. No current home plans exist, which offers a clean slate for a developer or future homeowner to build their dream estate home. The property is zoned RR-10 (Rural Residential) and allows one home per every 10 acres. RR zoned parcels are permitted to have one single-family residence and a 900 sf second unit or guest house among other accessory uses. The maximum total development square footage (TDSF) for this property is +/-11,172 sf which would include a residence, guest home, garage, exterior walls, accessory structures, and non-habitable storage/equipment area. Buyer to conduct their own research on any zoning change possibilities. Real estate in Malibu is undoubtedly some of the most coveted in Los Angeles. The city offers an escape from the nonstop action of Downtown LA and Hollywood, with lower density living, larger lots, wide open spaces, and sweeping beaches including numerous secluded areas.

Price History
12/8/2020 Listed $5,750,000

General Features

MLS Area C32 - Malibu Beach
Property Type Land
Sewer Other, Unknown
Subdivision Name Not Applicable-1
Terms Submit
View Hills, Panoramic, Water

Exterior Features

Lot Size Acres 15.71
Lot Size Area 15.71
Lot Size Source Other
Lot Size Units Acres
View Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90265

Price
AVG $3.51M
$5.75M
Visits
AVG 77
311

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