$1,995,000

Estimated payment $12,781/month

Total Views 2,762
0.85 Acre
$2,358,156 Price per Acre
36,852 Sq Ft Lot

Highlights

  • Ocean View
  • Webster Elementary School Rated A
  • 0.85 Acre Lot

About This Lot

Perched atop the coveted upper section of Big Rock Drive, this exceptional estate parcel offers sweeping, unobstructed ocean and city views stretching from Palos Verdes to Catalina and beyond. Located just minutes from Pacific Coast Highway and the heart of Santa Monica, this Palisades burn-out property presents an incredible opportunity to rebuild a stunning coastal retreat. The expansive lot previously featured a magnificent 6,079 sq ft two-story Mediterranean villa complete with pool, set amidst serene privacy and commanding vistas. Full Army Corps of Engineers Phase 1 and Phase 2 debris removal has been completed and signed off, clearing the path for development. Whether you're envisioning a legacy estate or a bespoke modern masterpiece, this premier location combines convenience, prestige, and breathtaking natural beauty. Motivated sellers present a compelling chance to create something truly extraordinary in one of Malibu's most sought-after neighborhoods.

Listing Agent

Jeff Chertow

Pinnacle Estate Properties License #00976750 Listed on: 07/24/2025

Pinnacle Estate Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $67,368

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 136x260
  • Property is zoned LCRA40000*

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Mountain

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4449-014-002

Property Details

Property Type

Land

Est. Annual Taxes

$67,368

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.8460
  • Lot Dimensions: 136x260
  • Survey: Buyer Pays
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per S Q F T: 328.18

Exterior Features

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

Utilities

  • Cable: Yes
  • Electric: In Street
  • Sewer: Septic Tank
  • Telephone: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4449-014-002
  • Lot Size Area: 36850
  • Topography: Flat,Varied,Pad

Map

Range of Values:

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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

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 $67,368 $2,594,467 $2,594,467 --
2024 $67,368 $5,686,957 $3,913,228 $1,773,729
2023 $66,096 $5,575,449 $3,836,499 $1,738,950
2022 $65,264 $5,466,127 $3,761,274 $1,704,853
2021 $63,696 $5,358,949 $3,687,524 $1,671,425
2019 $62,442 $5,200,000 $3,578,150 $1,621,850
2018 $18,619 $1,532,281 $519,816 $1,012,465
2017 $18,517 $1,502,237 $509,624 $992,613
2016 $17,865 $1,472,782 $499,632 $973,150
2015 $17,628 $1,450,661 $492,128 $958,533
2014 $17,391 $1,422,245 $482,488 $939,757
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $1,995,000 -61.6% --
08/29/2018 08/29/18 Sold $5,200,000 -3.6% $855 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $5,395,000 -- $887 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- --
Quit Claim Deed -- Accommodation/Courtesy Recordi
Quit Claim Deed -- Wfg National Title Insurance C
Interfamily Deed Transfer -- Wfg National Title Ins Co
Interfamily Deed Transfer -- Wfg National Title Ins Co
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Wfg National Title Insurance
Interfamily Deed Transfer -- Priority Title
Grant Deed $5,200,000 Priority Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 New Conventional
Previous Owner $3,092,000 New Conventional
Previous Owner $500,000 FHA
Previous Owner $3,100,000 Adjustable Rate Mortgage/ARM
Previous Owner $3,100,000 Adjustable Rate Mortgage/ARM
Previous Owner $450,000 Unknown
Source: Public Records

Source: The MLS

MLS Number: 25568325

The MLS

APN: 4449-014-002