Development Opportunity with enormous ocean views in prestigious Malibu, CA. Build your dream at Cliff Haven Malibu.

Lighthouse Lateral, Malibu, CA 90265

$6,600,000 After Repair Value -
$1,495,000 Asking Price -
$2,000,000 Cost of Repairs =
$3,105,000 Potential Profit

Property Details

Asking Price $1,495,000

After Repair Value $6,600,000

Costs of Repairs $2,000,000

Potential Profit $3,105,000

Living Area 10 acres ft2

Property Type Unknown

Bedrooms +6

Bathrooms 5

Half Bathrooms N/A

Parking 4

Listed with Agent 0

Property Description

10 acre development opportunity to build 6000/SF new contemporary estate overlooking entire South Bay, just mins from PCH so offering rare views and extreme privacy. Building costs expected at $350/SF. Current market comps at $1100/SF+. Water, power, roads buildable flat. Not listing it but will cooperate with buyers agents. Serious inquiries only.

Repairs Needed

Build new contemporary estate 6000/SF at approx $2M.

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