23422 W Copacabana Street
Malibu, CA 90265
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- – on site
Build your Malibu dream estate at 23422 W Copacabana Street, a rare, shovel-ready opportunity in the prestigious Sea View Estates community. Offered at $675,000, this fully cleared and certified half-acre lot (21,981 SF) sits on a quiet cul-de-sac with potential ocean views and represents one of the most development-ready parcels in Malibu's post-fire recovery zone. The lot was impacted by the January 2025 Palisades Fire and now qualifies under Executive Order N-4-25, allowing for streamlined rebuilding, including CEQA exemptions and accelerated Coastal Commission review. This regulatory relief can reduce the typical Malibu entitlement process by 12 to 18 months. The property previously supported a 2,690 square foot residence with three bedrooms and three bathrooms, preserving a legal development footprint for faster approval.All structures and hazardous materials have been removed, the site has been cleared and certified by the U.S. Army Corps of Engineers, and utilities including water, electrical, and septic remain in placeeliminating months of prep time and significant upfront costs. With a price of $675,000, this parcel offers an exceptional entry point compared to recent pre-fire home sales in the neighborhood, which reached a median of $2,987,000 and valuations of over $950 per square foot. A nearby vacant lot of just 14,395 square feet is currently listed at $1.5 million, making this offering one of the strongest value plays in the area.Located minutes from Malibu's beaches, trailheads, the Country Mart, Nobu, and within the Las Virgenes School District, this lot offers the perfect blend of lifestyle, location, and long-term investment potential. Whether you're looking to build a custom home or secure a high-upside redevelopment property, 23422 W Copacabana presents a rare chance to capitalize on current market conditions and temporary regulatory advantages.
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Last updated Apr 1, 2025
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MLS# 25515765 —
This property is listed in more than one place. See it here.
The Building
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New Construction:No
Financial & Terms
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Disclosures:Coastal Zone, Coastal Commission Restrictions, Redevelopment Area
Location
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Directions:North of PCH
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Latitude:34.06973500
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Longitude:-118.65151300
The Property
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Property Type:Land
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Zoning:LCR120000-A12*
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Lot Size Area:21988.0000
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Lot Size Dimensions:100x222
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Lot Size Acres:0.5048
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Lot Size SqFt:21988.00
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Lot Size Source:Assessor
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Lot Dimensions Source:Assessor
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View:1
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View:Canyon, Coastline, Hills, Mountain(s), Ocean, Panoramic, Trees/Woods, Rocks
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4453031005
The Community
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Association:No
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Senior Community:No
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Assessments:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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3/30/25
Mar 30, 2025
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Listed / Active | CRMLS_CA | $675,000 | |
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1/28/97
Jan 28, 1997
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Sold | DAMLS |
