NOT LISTED FOR SALE

0 Busch Dr Malibu, CA 90265

5.03 Acres
-- Price per Acre
219,107 Sq Ft Lot

Last Sold July 18, 2024

Last sale price $3,600,000

40 Days on Market

Highlights

  • Ocean View
  • Horses Allowed On Property
  • 5.03 Acre Lot
  • Malibu Elementary School Rated A

About This Lot

As of July 2024

The best development opportunity in Malibu! Located in the coveted neighborhood of Malibu Park, these 3 legal parcels total over 5 acres and each boasts legal access, a water meter, and a flat building pad with panoramic ocean and mountain views. Conceptual plans for three luxury homes have been designed by renowned local designer Vitus Matare, which are included in the sale. Access is gated on Busch Drive and a paved road leads to an upper cul-de-sac acting as central access and a fire turnaround for a luxury subdivision. Lot 1, 6100 Busch Drive, totals 1.82 acres and offers commanding ocean views from the highest point of these properties. With a TDSF of 8,296 sq. ft., the proposed design is 5,179 sq. ft. and maximizes the peaceful views with walls of glass, soaring ceilings, and an infinity edge pool. Lot 2, 6110 Busch Drive, is the largest parcel at 1.94 acres, and overlooks Bonsall Canyon and the mountain vistas beyond. With an estimated TDSF of 8,401 sq. ft., the conceptual modern design of 5,753 sq. ft. offers privacy, expansive sun decks, and a pool. Lot 3, 6118 Busch Drive, is 1.27 acres and offers direct ocean views and a beautiful south facing exposure. With a TDSF of 7,861 sq. ft., the proposed design totals 5,637 sq. ft. and is an entertainer's dream, featuring a large entry level sun deck and pool, with a lower level offering a peaceful retreat of bedrooms and open living spaces. These conceptual plans are available to be utilized, expanded upon, or re-imagined to taste! With a perfect central location, these lots are just moments away from the surf and sand at Zuma Beach, local markets, highly rated schools, and pristine recreational trails. This is one of the last and largest undeveloped ownerships in a premium Malibu neighborhood, with endless potential waiting to be fully realized. All measurements and estimates are the result of intensive research, but are not guaranteed. Buyer to verify all possibilities, measurements, and requirements with the appropriate professionals.

Last Agent to Sell the Property

Russell Grether

Compass License #01836632 Listed on: 03/20/2024

Compass

Co-Listed By

Tony Mark

Compass License #01205648

Last Buyer's Agent

Leonard Rabinowitz

Christie's International Real Estate SoCal License #01496421

Christie's International Real Estate SoCal

Property Details

Property Type

  • Land

Lot Details

  • 5.03 Acre Lot
  • Property is zoned LCRA20

Property Views

  • Ocean
  • Woods
  • Orchard Views
  • Mountain

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4467-028-046

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 5.0300
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountains, Ocean, Orchard/Grove, Trees/Woods
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: Yes
  • Assessor Parcel Number: 4467-028-046
  • Lot Size Area: 219106

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2024 07/18/24 Sold $3,600,000 -9.9% --
04/29/2024 04/29/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $3,995,000 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-370889

The MLS