23422 W Copacabana ST Active

Malibu,CA 90265

$ 675000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25515765

HOA Y/N No

Lot Size 0.505 Acres

Lot Dimensions Assessor

Property Description

Build your Malibu dream estate at 23422 W Copacabana Street, a rare, shovel-ready opportunity in the prestigious Sea View Estates community. Offered at $675,000, this fully cleared and certified half-acre lot (21,981 SF) sits on a quiet cul-de-sac with potential ocean views and represents one of the most development-ready parcels in Malibu's post-fire recovery zone. The lot was impacted by the January 2025 Palisades Fire and now qualifies under Executive Order N-4-25, allowing for streamlined rebuilding, including CEQA exemptions and accelerated Coastal Commission review. This regulatory relief can reduce the typical Malibu entitlement process by 12 to 18 months. The property previously supported a 2,690 square foot residence with three bedrooms and three bathrooms, preserving a legal development footprint for faster approval.All structures and hazardous materials have been removed, the site has been cleared and certified by the U.S. Army Corps of Engineers, and utilities including water, electrical, and septic remain in placeeliminating months of prep time and significant upfront costs. With a price of $675,000, this parcel offers an exceptional entry point compared to recent pre-fire home sales in the neighborhood, which reached a median of $2,987,000 and valuations of over $950 per square foot. A nearby vacant lot of just 14,395 square feet is currently listed at $1.5 million, making this offering one of the strongest value plays in the area.Located minutes from Malibu's beaches, trailheads, the Country Mart, Nobu, and within the Las Virgenes School District, this lot offers the perfect blend of lifestyle, location, and long-term investment potential. Whether you're looking to build a custom home or secure a high-upside redevelopment property, 23422 W Copacabana presents a rare chance to capitalize on current market conditions and temporary regulatory advantages.

Location

State CA

County Los Angeles

Area C33 - Malibu

Zoning LCR120000-A12*

Interior

Fireplace No

Exterior

View Y/N Yes

View Coastline,Canyon,Hills,Mountain(s),Ocean,Panoramic,Rocks,Trees/Woods

Building

New Construction No

Others

Senior Community No

Tax ID 4453031005

Special Listing Condition Standard

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