31
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$595,000
Est. payment /mo
1.18 Acres Lot
Active
24020 Hovenweep Lane Malibu, CA 90265
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UPDATED:
11/19/2024 07:01 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24-462309
Lot Size 1.177 Acres
Acres 1.1767
Property Description
Most Expansive Ocean View Property in Malibu ! Tremendous Potential with neighboring lots on Hovenweep selling for $950,000 and $777,000 and future homes valued at more than $5m ! First time Hovenweep Lane has been able to be built on now that the water/road , electric improvements ( over $1.5m spent ) installed and fully completed by end of October 2024 . All homes on the street will be brand new creating a high end luxury neighborhood within the next few years! Geology/ Percolation Test and Architectural drawings for an app. 6,000 sq. ft. custom home. The property sits up in the Malibu Mountains surrounded by nature with stunning panoramic ocean views and Views of the coastline "Queens Necklace" city lights. Numerous hiking trails all around the property and easy access to be in either Malibu/Calabasas or Topanga Blvd in 10 minutes. Incredible opportunity to own the best priced ocean view property in Malibu.
Location
State CA
County Los Angeles
Area Malibu
Zoning LCA11Y
Exterior
View Y/N Yes
View City Lights, Canyon, Mountains, Ocean
Building
Water In Street, Public, Water District
Others
Special Listing Condition Standard
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Listed by Coldwell Banker Realty
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