$1,795,000
$355K PRICE DROP

20434 Seaboard Rd Malibu, CA 90265

Malibu Area

Estimated payment $11,063/month

Total Views 15,052
0.34 Acre
$5,270,112 Price per Acre
14,836 Sq Ft Lot

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.

Listing Agent

Bill Rhodes

Compass License #01106892 Listed on: 07/30/2025

Compass

Property Details

Property Type

  • Land

Lot Details

  • 14,836 Sq Ft 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

Property Details

Property Type

Land

Lot Details

0.34 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Advertising Remarks: Unobstructed, very private, panoramic ocean and city lights view burnout lot in the coveted Big Rock area of Malibu just 3 miles from Sunset. So much more than just a lot with almost everything remaining except the house. This includes a certified septic system, mature gorgeous landscaping, driveways, patios, fencing, much of the foundation, a gorgeous backyard with two amazing ponds and waterfall and large grassy area to enjoy the breathtaking Queens necklace, ocean and Catalina Island view. Burnout lots benefit from the expedited building permit process taking years off the normally extremely difficult building process. Build with the exact finishes you want in a fraction of the normal time. Imagine how much more this property will be worth when the entire neighborhood is rebuilt with state of the art gorgeous new modern homes replacing the 1960s tract homes. Values will only go up!
  • Lot Acreage: 0.3406
  • Lot Dimensions: 130x110
  • Probate: No
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Street Description: Asphalt
  • View: City Lights, Coastline, Panoramic, Ocean
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: On Site
  • Sewer: Septic Tank
  • Telephone Service: In Street
  • Telephone: Yes
  • Water: District

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4450-015-034
  • Lot Size Area: 14836
  • Staked: Yes
  • Topography: Pad

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,589 $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
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/26/2026 07/26/26 Price Changed $1,795,000 -5.3% --
06/11/2026 06/11/26 Price Changed $1,895,000 -11.9% --
07/30/2025 07/30/25 For Sale $2,150,000 -- --
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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: Public Records

Source: The MLS

MLS Number: 25570729

The MLS

APN: 4450-015-034

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