Coming soon
2105 Newell Rd
Malibu CA, 90265
$749,000
$33.50 per sqft
Coming soon
0.51 Acres
Land
Spectacular ocean views + complete package w/ACTIVE PERMIT, EASY SLAB ON GRADE FOUNDATION! Brought to you by a seller that highly values buyers and their agents. Phase I is a fully permitted, shovel-ready Modern 2-story, 2+2 home of just under 1400sf, 400sf finished attached garage. Phase II is a proposed expansion of the permitted build, ~ 3000sf. Home has septic approval for permitted phase 1 using the existing system with tank replacement. Enjoy forever parkland and ocean views on this over 1/2-acre lot. Flat building pad + gorgeous ocean, PV, Catalina, Santa Monica Bay and city lights of the queen's necklace. All of this, and a close-in central location within an approximately 4-6 min. drive to beach, Pepperdine, Malibu Civic Center shops and more! NOT JUST RTI - but permit issued, so all the time and guesswork have been eliminated, allowing you to be living your dream in months instead of years. Existing plans are for a 2-bedroom build of 1364sf + 360sf of deck + a finished garage that can easily integrate to living space. Favorable geo/soils and engineering for minimal foundation and build costs. There is also a different floor plan available (attached) but would require a few months' delay, and some minor costs. Please see all in photos. Builder bid set and permit available upon accepted offer. This lot and home site is adjacent parkland that will never be developed. Usually, being within a view corridor, restricts a new building to 1 story (18 feet). BUT, this is a fire rebuild, and the owners took every advantage of the Woolsey concessions to gain now impossible building heights, and code advantages not available on a standard build. Want a great comparable? Look at 2128 Corral Canyon Rd, 529ft 2+2, sold for $1.679.000. This is 1 lot from subject, closed sale, 2.23.2024 - MLS #24-361429. Crunch the numbers and see how this is the hands down the best value in all of Malibu! CALL BEFORE TRYING TO LOCATE PROPERTY.
25500701
MLSⓇ ID
April 18, 2025
Listed
March 13, 2025
Updated
Exterior/Building Features
Lot Size
0.51 Acres
Sewer
Septic Tank, Other
Other Property Details
Area Name
Malibu
Garage
No
View
Yes
View Description
Bay, City, City Lights, Ocean, Other
County
Los Angeles
Water Source
District, Meter on Property
Zoning
LCR17500*
Listing History
Date | Event | Price |
---|---|---|
3/13/2025 | Price change | $749,000 10% |
Listed by Kelly Pessis with Compass
Listing Contact: 310-980-5373
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Lee LaPlante shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 3/13/2025