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Land - Malibu, CA
Two miles south of Surfrider Beach and the Malibu Pier, between Las Flores and Carbon canyons, the tight-knit La Costa community offers panoramic coastline views, minutes from the beach. Public beach access is only two-tenths of a mile down the street, and ownership of this parcel grants deeded access to the La Costa Beach Club. At night, the Queens Necklace sparkles, a string of coastline lights from Malibu to Palos Verdes, with Catalina beyond. This attractive parcel comes with an abundance of potential. Most recent geology report (see MLS "Documents") says that "Based upon the estimated thickness of the landslide debris (25 to 60 feet thick), the feasibility of obtaining a permit for residential development of the subject property is considered very low to remote", so the value of the property may be primarily in Beach Club membership.
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