Active · MLS #26953029

3615 Seahorn Drive, Malibu, CA 90265

$1,699,000

Land

Property details

About this home.

Rare Sunset Mesa development opportunity: a shovel-ready, Ready-to-Issue (RTI) ocean-view lot. Set within one of Southern California's most coveted coastal enclaves, this expansive 8,405-square-foot lot is offered with Ready-to-Issue permits for a premium architectural residence designed to capture expansive ocean views, abundant natural light, and effortless indoor-outdoor living. Plans are HOA Architectural Committee approved and permits are ready to be pulled from Los Angeles County, allowing a buyer to move beyond the lengthy planning process. The previous property was an approximately 2,564-square-foot residence with expansive ocean views and a swimming pool. Buyers may also have the opportunity to pursue an additional 10% increase in permitted square footage through the expedited rebuilding process, subject to County requirements and approvals. Located just above the Getty Villa, Sunset Mesa is a premier coastal neighborhood with underground utilities, broad sidewalks, wide streets and protected view corridors, minutes from Malibu's beaches, Palisades Village, Santa Monica and the greater Westside. An EPA Phase I Environmental Site Assessment has been completed, together with Phase II work through the U.S. Army Corps of Engineers. HOA dues are approximately $200 annually.

Financing

Estimate the payment on this home.

Estimate only. Taxes and insurance use general assumptions; HOA, mortgage insurance, and other costs are not included.

Estimated monthly payment

$10,530

Estimated principal, interest, property tax, and insurance

Loan amount$1,274,250

Principal & interest$8,265

Estimated property tax$1,770

Estimated insurance$496

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