11809 Ellice Street

    Malibu, CA 90265
    • $9,900,000
    • STATUS: Active
    • ON SITE: 591 days
    • ID#: 16182194
    UPDATED: 123 min ago
    $9,900,000
    • 0
      BEDS
    • 2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Ratings & Info

    Description

    This extraordinary lot (lot 16) is just across the street from the $20M sale (lot 4, 11846 Ellice St.), with a perfectly finished ready-to-go building pad over 3 times the size of lot 4's pad with 282' of frontage vs. 137', for just $6.9M. An extraordinary opportunity for those looking to build their custom dream home or for those developers looking for a profitable investment. With other recent home sales in the community fetching approx. $2,200 per sq.ft. with short days on market, at under 40 days and 140 days, the marketability and profit potential at MariSol is enticing to any builder.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-16T00:28:38.717. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.teamforss.com/homes/68334884

    11809 Ellice Street Malibu, CA 90265

    • Price: $9,900,000
    • Status: Active
    • Updated: 123 min ago
    • ID#: 16182194
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2
    Acres
    Neighborhood:
    Marisol Malibu
    County:
    Ventura
    Area:
    C33 - Malibu
    Property Description
    This extraordinary lot (lot 16) is just across the street from the $20M sale (lot 4, 11846 Ellice St.), with a perfectly finished ready-to-go building pad over 3 times the size of lot 4's pad with 282' of frontage vs. 137', for just $6.9M. An extraordinary opportunity for those looking to build their custom dream home or for those developers looking for a profitable investment. With other recent home sales in the community fetching approx. $2,200 per sq.ft. with short days on market, at under 40 days and 140 days, the marketability and profit potential at MariSol is enticing to any builder.
    Exterior Features

    Lot Features 0-1 Unit/AcreLandscapedLot-Level/Flat Lot Size Source Assessor Lot Size Units Square Feet Trees Mature Landscaping View MountainOceanCoastline View YN Yes

    Property Features

    Association Fee 528.00 Cleared Yes Distance To Electric Comments On Site Distance To Water Comments On Site Improvements Stone DrivewayAutomatic GateGradedStone WallsLandscapedAll Utilities Land Lease YN No Special Listing Conditions Standard Subdivision Name Other Marisol Malibu Utilities Water ConnectedPhone ConnectedUnderground Utilities Zoning Coastal Rural (Cre-2)

    Listing provided courtesy of Scott Morris of Marisol Malibu Realty and Patrick Boyle of Marisol Malibu Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-16T00:28:38.717. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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