$50,000,000

Estimated payment $294,043/month

Total Views 12,382
1.37 Acres
$36,557,725 Price per Acre
59,577 Sq Ft Lot

Highlights

  • Beach Front
  • Ocean View
  • Cul-De-Sac
  • Malibu Elementary School Rated A
  • Bluff on Lot

About This Lot

Located in Malibu and the highly desirable enclave of Pt Dume is May's Landing, a landmark development opportunity set at the end of a beautiful and lavish cul-de-sac on Cliffside Drive. Property recently received a Coastal Development Permit from the City of Malibu. This magnificent bluff site features over 1.4 acres with 237 feet of wrap-around ocean view frontage and just 50 steps to a private gate accessing Little Dume beach, the most exclusive beach in all of Malibu, home to world class surfing. Designed by renowned XTEN architecture is an impressive light filled modern designed estate containing a living space of approximately 8,632 SQFT, including four bedrooms, seven baths with a fitness and wellness floor. The grounds are gated and designed by Ground Studio Landscape Architecture featuring a tree lined driveway, beautiful outdoor entertaining areas and a handsome pool overlooking the ocean and the Queen's necklace at night. Geologically engineered and permitted piles have been installed along the bluff edge. What has taken over a decade to entitle will be delivered shovel ready and one of the most exciting opportunities in Malibu today.

Listing Agent

Barry Kinyon

Compass License #01097786 Listed on: 12/02/2024

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $205,249

Lot Details

  • 1.37 Acre Lot
  • Beach Front
  • Cul-De-Sac
  • Bluff on Lot
  • Tear Down
  • Property is zoned LCRA1*

Property Views

  • Ocean
  • Coastline
  • City Lights

Utilities

  • Property is located within a water district
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4466-009-032

Property Details

Property Type

Land

Est. Annual Taxes

$205,249

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 1.3677
  • Probate: No
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • View: City Lights, Coastline, Ocean
  • View: Yes
  • Waterfront: Ocean, Beach Rights

Utilities

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

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4466-009-032
  • Lot Description: Bluff Front, Tear Down On Lot
  • Lot Location: Beach Access, Beach Front, Bluff Front, Cul-De-Sac, Ocean Front
  • Lot Size Area: 59578

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $205,249 $17,853,264 $16,646,400 $1,206,864
2023 $201,473 $17,503,200 $16,320,000 $1,183,200
2022 $183,428 $15,795,848 $15,242,088 $553,760
2021 $179,218 $15,486,126 $14,943,224 $542,902
2019 $170,975 $14,615,601 $14,505,711 $109,890
2018 $162,356 $14,329,022 $14,221,286 $107,736
2016 $156,648 $13,772,610 $13,669,057 $103,553
2015 $154,454 $13,565,734 $13,463,736 $101,998
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 For Sale $50,000,000 0.0% --
12/02/2024 12/02/24 For Sale $50,000,000 +275.9% $5,792 / Sq Ft
06/18/2014 06/18/14 Sold $13,300,000 +39.3% $8,036 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $9,550,000 -- $5,770 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed -- None Available
Grant Deed -- Fidelity
Grant Deed -- First American Title Co
Interfamily Deed Transfer -- --
Grant Deed -- --
Interfamily Deed Transfer -- --
Gift Deed -- --
Interfamily Deed Transfer -- --
Quit Claim Deed -- Stewart Title
Quit Claim Deed -- Stewart Title
Quit Claim Deed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000,000 New Conventional
Closed $10,000,000 New Conventional
Closed $10,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $10,000,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: The MLS

MLS Number: 25499497

The MLS

APN: 4466-009-032