2972 Escondido Drive
Malibu, CA 90265
Listing broker / agent: Coldwell Banker Realty · Brian Merrick · CRMLS
MLS # 25620995 · Last checked Nov 14, 2026 19:36 UTC
About this property
Introducing a five-acre development opportunity on Escondido Drive in Malibu. This parcel comes with vested Coastal Commission rights from a 1990s permit for home with garage, workshop, and accessory structures, with enough work completed at the time to secure the permit permanently. Full plans from the original project are available, as well as a 2020 architectural design by Bruce Bolander for a stunning 2,500-square-foot modern residence complete with renderings. Significant site work has already been completed, including approximately $100,000 worth of geological and GMED work. The building pad, grading, and retaining walls are complete, and both the driveway and road leading to the parcel are fully paved. A private well reaching 200 feet deep, with water just 40 feet below the surface, has been fully signed off and includes a recently replaced pump. Power is readily accessible with a pole at the property line, and temporary power existed previously under the original permit. The site includes a draft hydrant, underground plumbing from the well to the tanks, drilled seepage pits, a certificate of compliance, and all necessary easements. Although the original building permit has expired, all completed work has been signed off and is verified on file with Building & Safety, ensuring a clear and legitimate foundation for moving forward. The property also benefits from a valuable Coastal Permit Exemption, confirmed in writing by the Coastal Commission. As long as the new design remains generally within the footprint and scope of the originally permitted home, obtaining a new permit should be more straightforward. This is one of Malibu's most development-ready sites offering privacy, natural beauty, and a significant head start on building.
Property details
- MLS number
- 25620995
- Status
- Active
- Type
- Land
- Lot size
- 5.4778 acres
- County
- Los Angeles
More property detailsCollapse
Listing
- Days on market
- 356
Bathrooms
- Full bathrooms
- 0
- Half bathrooms
- 0
- Three-quarter bathrooms
- 0
- Quarter bathrooms
- 0
Exterior & parking
- Total parking spaces
- 0
- Lot features
- Agricultural, Horse Property, Secluded
- Lot size source
- Assessor
- Property outlook
- Canyon, Park Greenbelt, Hills, Panoramic, Rocks, Creek Stream, Trees Woods
Utilities & community
- Water
- Well
- Sewer
- Septic Type Unknown
Fees & lease terms
- Association
- No
Schools reported in the listing
- High school district
- Santa Monica-Malibu Unified
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Malibu Middle (school website, opens in a new tab) Santa Monica-Malibu Unified · Malibu | 6–8 | 3.8 mi |
| Malibu High (school website, opens in a new tab) Santa Monica-Malibu Unified · Malibu | 9–12 | 3.8 mi |
| Malibu Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Malibu | K–5 | 3.9 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $595,000
- MLS-reported original asking price
- $650,000
- MLS-reported previous asking price
- $635,000
- MLS-reported last price change
- 2026-11-03 14:56 UTC
| Observed (UTC) | Asking price |
|---|---|
| Nov 3, 2026 23:03 | $595,000 |
| Oct 2, 2026 08:38 | $635,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Malibu
Active residential homes for sale in Malibu, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
20 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-11-14 20:30 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗