May 21, 2021 at 8:35pm (EDT)
SOLD | $632.8K
DescriptionSpectacular ocean views and ample room to roam meet in this rare Malibu property. Located only 15 minutes from Malibu’s most beautiful beaches, this ten acre estate site can be found down a private road in a cul de sac with a collection of luxury estates to either side. Approximately one third of the sprawling property is level, offering space enough for a legacy estate built to your personal specifications. Envision a spectacular main house looking out over the Pacific, with ample room remaining to add a guest house, world-class equestrian facility, and private riding arena. Build a bohemian retreat beyond your wildest dreams to soak up sunny days and starlit nights in true California style. Whether your plans include a swimming pool and sandy beach or a private putting green and driving range, there is space to realize them here, with Malibu’s mild Mediterranean climate and unbeatable ocean views setting the perfect stage. All studies are in, and this rare find waits only for the perfect project to submit for county approval.
$100,000 Bidder Deposit Required
Total
10 acres
Outdoor Features
Fantastic views of the Pacific Ocean; 3.3± acres level; Down a private road to a cul-de-sac of luxury estate homes
Other Amenities
Permitted 15 gallon per minute potable water well; Underground electricity to site; Available on file are survey, geo, percolation test, biological studies, soil study, engineering plan
Location
20 minutes to Leo Carrillo State Beach; 20 minutes to El Matador Beach; 20 minutes to La Piedra Beach; 30 Minutes to Nobu and Soho House; 20 Minutes to Camarillo Private Airport; 60 minutes to Beverly Hills; 75 minutes to downtown Los Angeles or LAX
Buyer's Premium
12%
Buyer shall pay to Concierge a “Buyer's Premium” in addition to the Purchase Price for the Property. The Buyer's Premium is not a real estate commission; it is the fee that Concierge charges to bidders for bringing the Property to auction.
Co-Broker Compensation
3%
Compensation will be paid to any properly registered Broker whose client is the successful Buyer at the Auction and whose client completes the purchase of the Property pursuant to Concierge Auctions' Bidder Terms and Conditions.
9951 Cotharin Road, Malibu, California 90265
Concierge Auctions, LLC (“Concierge”) is an auctioneer. Concierge’s principal address is 800 Brazos Street, Suite 220, Austin, TX 78701 and its phone number is (212) 202-2940. If required Concierge (or its representative) is licensed and/or bonded in the state where the property to be auctioned is located. Our licenses and bond information for California is: Concierge Auctions, LLC (32S370401), Broker Barbara J Young (00689235), Broker Tony R. Young (01077627), Broker Cindy Lee Jones (00979078), and Broker James Faulkner (1321923). This property is listed for sale by Helena Deeds (#01891088) of Hilton & Hyland (#01160681) (“Listing Agent”) — 257 N. Canon Drive, Beverly Hills, CA 90210; 310 699-3435. While Concierge (in certain jurisdictions) and certain Concierge subsidiaries, employees and representatives may possess real estate broker or salesperson licenses in various jurisdictions and may, in some circumstances, perform functions that may be deemed brokerage services, neither Concierge nor its agents, employees and affiliates are acting as a broker in any capacity for any party in connection with this auction. Bidders must seek brokerage services or advice from their own real estate agents or professional advisers. Our brokerage licenses are held solely for compliance purposes to further our auctioneering services. Concierge, the Listing Agent, the seller of the property and their respective agents, employees and affiliates do not represent, warrant or guarantee the accuracy or completeness of any information and shall have no liability for errors or omissions under any circumstances in this or any other property listings or advertising, promotional or publicity statements and materials. This is not meant as a solicitation for listings or an offer to sell real property. Cooperating brokers are encouraged to participate as set forth in Concierge’s bidder terms and conditions.
