$1,600,000
$100K PRICE DROP

Estimated payment $9,598/month

Total Views 3,977
0.29 Acre
$5,538,249 Price per Acre
12,584 Sq Ft Lot

About This Lot

This exceptional property presents a rare opportunity to create a bespoke coastal estate in one of Malibu's most prestigious neighborhoods. Encompassing just over a quarter of an acre of flat, usable space, this undeveloped lot offers dual frontage with convenient access from both Broad Beach Road and Seafield Drive. The upper portion of the property enjoys peek-a-boo ocean views, while deeded access to the exclusive, gated entrance to Lechuza Beach just down the street puts the sand and surf mere moments away. For those seeking an expanded coastal footprint, the neighboring residence at 31830 Broad Beach Road (APN: 4470-025-012) is also available for purchase. This European-inspired villa could serve as your seaside pied-a-terre while you envision, plan, and design a larger estate on the two contiguous parcels. Nestled among multi-million dollar homes, this flat lot invites a vision as unique as its setting. This is more than just a homesite - it's a chance to craft your legacy along one of Malibu's most iconic stretches of shoreline, where luxury, privacy, and proximity to the ocean exist in perfect harmony.

Listing Agent

Russell Grether

Compass License #01836632 Listed on: 05/19/2025

Compass

Co-Listing Agent

Jessica Jedvaj

Compass License #02127780

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,133

Lot Details

  • 0.29 Acre Lot
  • Property is zoned LCR1YY

Property Views

  • Ocean
  • Woods
  • Peek-A-Boo
  • Mountain

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4470-025-042

Property Details

Property Type

Land

Est. Annual Taxes

$9,133

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2889
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Trees/Woods, Peek-A-Boo, Ocean, Mountains
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Condo/Co-op/Association

  • HOA Fees: 1587.50

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4470-025-042
  • Lot Size Area: 12586

Map

Range of Values:

Collateral Analytics

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ICE

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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
2024 $9,133 $532,244 $532,244 --
2023 $11,887 $521,808 $521,808 $0
2022 $8,906 $511,577 $511,577 $0
2021 $10,479 $501,547 $501,547 $0
2020 $10,162 $496,405 $496,405 $0
2019 $10,228 $486,672 $486,672 $0
2018 $8,262 $477,130 $477,130 $0
2016 $8,019 $458,603 $458,603 $0
2015 $7,952 $451,715 $451,715 $0
2014 $7,811 $442,867 $442,867 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Price Changed $1,600,000 -5.9% --
05/19/2025 05/19/25 For Sale $1,700,000 -4.2% --
08/05/2024 08/05/24 Sold $1,775,000 -9.0% --
07/02/2024 07/02/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $1,950,000 +9.9% --
06/28/2024 06/28/24 Off Market $1,775,000 -- --
06/17/2024 06/17/24 For Sale $1,950,000 +9.9% --
06/15/2024 06/15/24 Off Market $1,775,000 -- --
06/03/2024 06/03/24 For Sale $1,950,000 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,775,000 First American Title
Deed -- --
Interfamily Deed Transfer -- None Available
Grant Deed -- Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 New Conventional
Source: Public Records

Source: The MLS

MLS Number: 25536929

The MLS

APN: 4470-025-042