Ocean-View Development Land
For Sale
$499,000
24020 Hovenweep, Malibu, CA 90265
Large, flat building site with ocean and island views, plus completed planning documents and installed water and electrical lines.
Property SizeContact for details
Lot Size1.17 Acres
Days on Market138
Property Features for 24020 Hovenweep
General Information
Standard status
Active
Lot size
1.17 Acres
Property subtype
LAND
Site & Location
Road Access
Yes
Utilities to Site
Yes
Listing Agency:
Compass
Listed By:
Michael Gardner · License #01344290
(310) 699-8428
Source:
Frontgaterealestate
Added: May 2
Changed: Aug 31
Last Checked: Sep 15 at 8:27AM
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 Compass
Investment Insights
Based on property information with market context.
This 1.17-acre waterfront land parcel is designed around a large, flat building site and features dramatic rock elements. Ocean and island views are a highlight of the property. The seller reports extensive pre-development work has been completed over more than two years, including completed Planning Department requirements and a comprehensive package of reports, plans, and studies.
The due-diligence and entitlement materials cited include geology, soils, and percolation studies, along with survey and topographical maps and preliminary plans. Additional items mentioned include fuel modification and grading plans. Hovenweep Lane has been paved to meet Fire Department standards, and the property has water and electrical lines installed.
According to the information provided, the groundwork is already underway for a buyer who wants to move forward with a development project using the completed report and plan package. Contact the listing agent for the full set of reports and studies.
The due-diligence and entitlement materials cited include geology, soils, and percolation studies, along with survey and topographical maps and preliminary plans. Additional items mentioned include fuel modification and grading plans. Hovenweep Lane has been paved to meet Fire Department standards, and the property has water and electrical lines installed.
According to the information provided, the groundwork is already underway for a buyer who wants to move forward with a development project using the completed report and plan package. Contact the listing agent for the full set of reports and studies.
Key Highlights
- 1.17‑acre parcel with a large, flat building site and ocean and island views
- Completed Planning Department requirements, with reports and plans package included
- Includes geology, soils, and percolation studies, plus survey and topographical maps
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Large, flat building site with ocean and island views, plus completed planning documents and installed water and electrical lines.
Where is this waterfront land located?
The property is located at 24020 Hovenweep Malibu, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1.17‑acre parcel with a large, flat building site and ocean and island views; Completed Planning Department requirements, with reports and plans package included; Includes geology, soils, and percolation studies, plus survey and topographical maps
