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For SaleLuxury

$3,000,000

643 days on market

24651 Piuma Road

Malibu, CA 90265

· 8% down, 7% APR, 30yr fixed

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Listing narrative

Description

Amazing Ocean & Mountain view 9.56acres Land in Malibu with easy road access. Ocean views to the south, sunsets to the southwest and purple mountains to the north. Peaceful and serene. The King of the land in LA. The land for sale includes the following items: 1). Water Well drilled by Vic's Well Drilling - A water well has been completed and a water quality report finalized for the County Health Department. The minimum flow for a water well is 3 gallons / minute. Our official report states that we have a yield of 8 gallons / minute. The well is 600 ft in depth with first water at 420 ft in depth. 2). Geology/Stability Report completed by Geo concepts - Los Angeles County requires a static stability factor of 1.5. This means that the glue which holds up the mountain is 1.5 times stronger than the gravitational forces pulling the mountain down. Our factor of safety is 1.9 and 1.7 on two cross sections through the building area. 3). Septic System testing was completed by Geo concepts - Most homes in Malibu utilize septic systems. About 10% of all homes in California use septic systems to treat wastewater safely. A septic system requires an active and reserve system. Each system must be designed to accommodate five times the size of the septic tank. A 1500-gallon septic tank can accommodate 6-bedroom home. Each of our tested systems can accommodate over 9000 gallons for a 1500-gallon septic tank. 4). Biological Assessment completed by Forde Biological Consultants - A Biological Assessment is required for all homes in the Malibu area of Los Angeles County. The investigation includes a complete and detailed analysis of biological issues. Our proposed home is located in the least environmentally damaging area of the property. 5). Topographical Survey completed by Land & Air Surveying of all 9.56 acres - A 2-foot contour topographical survey is required for all projects in Malibu. The survey was utilized to complete the Site Plan. 6). Site Plan - The Site Plan depicts a two stories home with +/- 5000sf of living space and 840sf of attached garage. The home is conceptual and can be revised. We also depict the location of the water well, two 5000-gallon water tanks and the existing driveway for vehicular access. We also show pedestrian access around the perimeter of the residence for maintenance. 7). Organic Garden: We have also designated land less than 30% slope for organic gardening, fruit trees, etc. You never missed it!

Listing agent (MLS): Liping Yi · Listing brokerage (MLS): Real Broker

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$3,000,000

Beds

Beds n/a

Type

Land

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

9.65 acres

Year

Year n/a

Status

For Sale

Days on Market

643

· 8% down, 7% APR, 30yr fixed
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Courtesy of Real Broker