Ocean-View Residential Development
For Sale
$1,200,000
18235 Wakecrest Drive, Malibu, CA 90265
Vacant ocean-view lot with approved plans for a 2,602-square-foot home and attached ADU.
Property Size6,854 SF
Price / SF$175.08
Days on Market153
Property Features for 18235 Wakecrest Drive
General Information
Standard status
Active
Size
6,854 SF
Property subtype
Land Lot
Zoning
LCR106
Amenities
No
Listing Agency:
Lambert Investments, Inc.
(310) 453-9656
Listed By:
Francyne Lambert · License #00827267
(310) 453-9656
Source:
Compass
Added: Mar 10
Changed: Aug 8
Last Checked: Mar 25 at 11:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lambert Investments, Inc.
Investment Insights
Based on property information with market context.
This is a vacant ocean-view residential development lot with approved plans from the Architecture Review Board in Sunset Mesa. The approved project includes a 2,602-square-foot home with an attached ADU designed to function as the primary bedroom. The plans contemplate a large front patio for full ocean view enjoyment, along with upstairs living space and a front bedroom/office with patio access. Attached materials include plans, plot map, survey, and engineering.
The lot offers ocean and mountain views and is described as located up the hill from the Getty Villa, within Los Angeles County planning district with a Malibu address that is not in the city of Malibu, next to the Palisades. Underground electric utilities are noted, and LA County has an expedited plan check and permit process. CC&R’s prohibit obstructing ocean views. The property is identified as being in the Malibu-Santa Monica school district.
Utility and development documentation are available in the attached packet, supporting evaluation of the approved layout and site conditions for the proposed residence and ADU configuration.
The lot offers ocean and mountain views and is described as located up the hill from the Getty Villa, within Los Angeles County planning district with a Malibu address that is not in the city of Malibu, next to the Palisades. Underground electric utilities are noted, and LA County has an expedited plan check and permit process. CC&R’s prohibit obstructing ocean views. The property is identified as being in the Malibu-Santa Monica school district.
Utility and development documentation are available in the attached packet, supporting evaluation of the approved layout and site conditions for the proposed residence and ADU configuration.
Key Highlights
- Vacant ocean‑view lot in Sunset Mesa with approved plans from the Architecture Review Board
- Approved 2,602 SF home design with an attached ADU
- Ocean views from a large front patio, the upstairs front living room with patio, and the front bedroom/office
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Explore this area
Business Placement
Demographics for 90265, CA
15,186
Population
8,642
Households
1.8
Avg Household Size
51
Median Age
71%
College-Educated
98%
High-School Grad
111.0 sq mi
ZIP Area
137
Density / Sq Mi
$191,080
Median Household Income
$72,420
Median Earnings
$3,501
Median Rent
$2,000,001
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Vacant ocean-view lot with approved plans for a 2,602-square-foot home and attached ADU.
Where is this waterfront land located?
The property is located at 18235 Wakecrest Drive Malibu, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Vacant ocean‑view lot in Sunset Mesa with approved plans from the Architecture Review Board; Approved 2,602 SF home design with an attached ADU; Ocean views from a large front patio, the upstairs front living room with patio, and the front bedroom/office
