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3860 Puerco Canyon Rd 3.08 Acres of Residential Land Offered at $7,495,000 in Malibu, CA 90265
Investment Highlights
- Two adjacent vacant land parcels totaling approximately 3.08 acres in Central Malibu.
- Ocean and mountain views are reported from the approved residential designs.
- Parcels may be acquired individually or together.
- Located off Puerco Canyon Road with convenient access to Pacific Coast Highway.
- Near Pepperdine University, Cross Creek Malibu, beaches, and coastal amenities.
Executive Summary
Fully permitted RTI for (2) adjacent properties on separate APNs, totaling roughly 14,500 square feet between the two homes (7,373 + 7,115). The only property of its kind in Malibu, combining a premier central Malibu location with the rare opportunity to create an extraordinary private estate featuring sweeping ocean and mountain views from nearly every room, along with expansive usable land. Designed by highly acclaimed Sorensen Architects, both properties are fully entitled with Ready-to-Issue (RTI) plans for two architecturally significant residences. 3870 Puerco Canyon Road features a 2-story, 7,372-square-foot residence with 6 bedrooms, 8 bathrooms and an infinity pool. 3868 Puerco Canyon Road features a 2-story residence (and basement), 7,115-square-foot residence with 5 bedrooms, 6 bathrooms, infinity pool, and a graded pathway descending the mountainside to an additional flat pad with potential for equestrian use. A rare opportunity in central Malibu, these are among the last vacant parcels with substantially more permitted residential square footage than is typically achievable under today's development standards. Located just seconds from PCH in one of Malibu's most desirable neighborhoods, the properties offer the perfect balance of convenience and privacyminutes from Cross Creek, yet surrounded by mountains, hiking trails, and the natural beauty that defines the Malibu lifestyle. The properties may also be purchased separately, with 3870 Puerco Canyon Road offered at $3,995,000 and 3868 Puerco Canyon Road offered at $3,495,000.
Property Facts
| Price | $7,495,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.08 AC |
| Property Type | Land | ||
| Zoning | LCA11* - Residential | ||
| Price | $7,495,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 3.08 AC |
| Zoning | LCA11* - Residential |
1 Lot Available
Lot
| Price | $7,495,000 | Lot Size | 3.08 AC |
| Price Per AC | $2,437,071.05 |
| Price | $7,495,000 |
| Price Per AC | $2,437,071.05 |
| Lot Size | 3.08 AC |
Description
The subject consists of two adjacent vacant land parcels in Central Malibu totaling approximately 3.08 acres. The 3868 Puerco Canyon Rd parcel contains approximately 1.72 acres and has approvals for a two-story residential residence designed by Sorensen Architects. The adjacent 3870 Puerco Canyon Rd parcel contains approximately 1.35 acres and is also reported to have approved plans for a separate residential residence. The properties are located off Puerco Canyon Road near Pacific Coast Highway, west of Pepperdine University and within proximity to Cross Creek, Malibu beaches, hiking trails, and other coastal amenities. The parcels may be acquired individually or together.
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,208,159 | Total Assessment | $2,208,159 |
Property Taxes
Parcel Numbers
Land Assessment
$2,208,159
Improvements Assessment
$0
Total Assessment
$2,208,159
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3860 Puerco Canyon Rd