20434 Seaboard Rd Malibu, CA 90265
Big Rock NeighborhoodEstimated payment $13,607/month
About This Lot
Here's a breakdown of the compelling features of this Malibu burnout lot in the Big Rock area: This lot offers expansive views of the Pacific Ocean, city lights (known as the Queen's Necklace), and even Catalina Island. Situated in the coveted Big Rock area, the location provides both seclusion and convenience, being just 3 miles from Sunset and PCH. Beyond the magnificent views, this property offers a distinct advantage as it's a burnout lot, meaning it was previously developed and retains valuable infrastructure. Existing amenities include a certified septic system, mature landscaping with a gorgeous backyard featuring two ponds and waterfalls, lawn, driveway, patios, and much of the original foundation remains intact. Burnout lots, due to their previous development, qualify for an expedited building permit process. This significantly reduces the typical timeframe and difficulty associated with obtaining permits in Malibu, potentially shortening the process by years. This allows for quicker construction and the ability to personalize the home with desired finishes in a fraction of the usual time. Investing in a burnout lot offers the potential for significant appreciation as the Big Rock neighborhood rebuilds with modern, state-of-the-art homes, replacing the original 1960s tract homes. This property presents a rare and desirable opportunity to build a custom dream home with unparalleled views and a significantly streamlined construction process in one of Malibu's most sought-after neighborhoods. In addition, you may be able to put a trailer or ADU on the property to utilize while waiting to build.
Property Details
Property Type
- Land
Est. Annual Taxes
- $25,819
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 130x110
- Property is zoned LCR120000*
Property Views
- Ocean
- Coastline
- Panoramic
- City Lights
Utilities
- Property is located within a water district
- Septic Tank
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 4450-015-034
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $25,819 | $1,035,686 | $1,035,686 | -- |
2024 | $25,819 | $2,064,251 | $1,562,126 | $502,125 |
2023 | $25,290 | $2,023,777 | $1,531,497 | $492,280 |
2022 | $24,918 | $1,984,096 | $1,501,468 | $482,628 |
2021 | $24,300 | $1,945,193 | $1,472,028 | $473,165 |
2019 | $23,807 | $1,887,500 | $1,428,368 | $459,132 |
2018 | $22,584 | $1,850,491 | $1,400,361 | $450,130 |
2016 | $21,736 | $1,778,635 | $1,345,984 | $432,651 |
2015 | $21,443 | $1,751,920 | $1,325,767 | $426,153 |
2014 | $21,141 | $1,717,604 | $1,299,798 | $417,806 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/30/2025 07/30/25 | For Sale | $2,150,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Grant Deed | $730,000 | Chicago Title Company | |
Grant Deed | -- | Provident Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $540,000 | Adjustable Rate Mortgage/ARM | |
Closed | $645,000 | Adjustable Rate Mortgage/ARM | |
Closed | $656,000 | Adjustable Rate Mortgage/ARM | |
Closed | $689,000 | New Conventional | |
Closed | $729,000 | Purchase Money Mortgage | |
Previous Owner | $803,000 | Unknown | |
Previous Owner | $803,000 | Unknown | |
Previous Owner | $800,000 | Purchase Money Mortgage | |
Previous Owner | $480,000 | Credit Line Revolving | |
Previous Owner | $380,000 | Credit Line Revolving |
Source: The MLS
MLS Number: 25570729

APN: 4450-015-034
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