24020 Hovenweep Lane

Malibu, CA 90265

PRICE INCREASE

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+$594,650 (+169,900.00%)

$595,000

List Price

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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.

Listing Information

List Price $595,000
Status Active
MLS 24425025
Type Land
Lot Size 51,256
Structure Size N/A
DOM 44
Courtesy Of Coldwell Banker Realty
Listing Agent Bill Moss DRE#00860010
Co-Listing Agent Daniel Moss DRE#01929872

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Bill Moss, Daniel Moss, Coldwell Banker Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:02 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.