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For Sale

$25,000,000

0 TRANCAS ROAD
Malibu, CA 90265

All ocean views and possibilities, these two contiguous vacant parcels (APN 4470-012-002 and APN 4470-012-046) await your imagination. Totaling approximately 24.88 acres, the gently sloping property is located just north of star-studded Broad Beach, on the northwest corner of Trancas Canyon and the Pacific Coast Highway, adjacent to the Trancas Country Market. The property is zoned RR-5 (Rural Residential), which allows for one dwelling unit per five acres. The current owner has submitted a Coastal Development Plan to the City of Malibu to subdivide the land into four parcels and expects to be able to record a subdivision map soon. The new owner of this magnificent piece of land can either continue with the four-home subdivision plan or build two estate-size properties to enjoy the views of Big Dume, Zuma, Broad Beach, islands, and sunsets galore. Read More

Market Status
Available
Last Updated
May 18, 2022

Property Type
Land
Architecture
Lots/Acreage
Property Type
Lots And Land;
Mountain View
-
Ocean View
-
Water View
-

Local Market Conditions

There are currently 154 properties for sale in the Malibu, CA area with the average listing price of $15,170,602. This represents a decrease of -2.4% over the previous week. The 2 bedroom homes saw the largest decrease in the average listing price over the previous week with a -10.8% decrease. To learn more about the Malibu, CA area, contact a local expert!

Market Snapshot for Malibu, CA

Avg. Listing Price

$15,170,602

Wk ending May 14

$-370,096

-2.4%

w-o-w

154

155

15

12

7

4

Average Listing Price for Malibu, CA
No. BedroomsNo. Beds Week Ending
(May 14)
w-o-w Week Ending
(May 7)
Week Ending
(Apr 30)
Week Ending
(Apr 23)
All PropertiesAll $15,170,602 -2.4% $15,540,698 $15,351,279 $14,877,906
1 bedroom1 BR $3,131,667 +13.0% $2,772,500 $2,772,500 $2,772,500
2 bedrooms2 BR $6,196,538 -10.8% $6,944,375 $6,944,375 $6,944,375
3 bedrooms3 BR $8,900,259 +0.6% $8,849,000 $8,906,080 $8,225,429
4 bedrooms4 BR $16,340,524 +10.6% $14,772,605 $14,211,133 $13,171,096

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Listing Provided By:

Chris Cortazzo

Compass - PCH Malibu

Phone
This $25,000,000 Land at 0 TRANCAS ROAD in Malibu, CA is offered by Chris Cortazzo. This $25,000,000 Land, located in the 90265 zip code, has the following property features: Central Air, Intercom,Barbecue Area,Wired for High Tech, Utility Room, Floors. This 0 TRANCAS ROAD Land is listed under MLS listing number 21-766228 and has a listing price of $25,000,000. You can find more of Chris Cortazzo's listings by browsing Chris Cortazzo, COMPASS, PCH - MALIBU homes for sale at HomesAndLand.com, or even more Malibu homes for sale here.

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