Condominium buy in Fernwood California

The most compelling land offering in Eastern Malibu with true panoramic views of the ocean, sparkling Queen's Necklace, Catalina, and Malibu's winding coastline out to Point Dume. Consisting of 3 parcels totaling approx. 32 acres, this is an exceedingly rare opportunity to build a private estate, luxury compound, or subdivision for multiple residences. Previous architectural plans have been drawn for a 10,000+ sq. ft. luxury home with pools, a guest house, and cabanas. Located on a quiet cul-de-sac less than 5 minutes from Pacific Coast Hwy, the roughly graded driveway leads to several huge flat pads with massive ocean views. The upper pads look over the L.A. coastline out to Palos Verdes and gently roll to two lower pads with 360-degree views of the mountains, canyons, and ocean. Utilities are available on Las Flores Mesa Drive and the City of Malibu has previously begun the approval process with technical reports on file including geology, biology, archeology, soil, landscaping, and water seepage pits. Moments from "downtown Malibu'' at Cross Creek, fine dining, beautiful sandy beaches, and countless amenities, while feeling worlds away immersed in the nature of the Santa Monica Mountains. This incredible property could be Malibu's next most luxurious landside home! Bring your architect and imagination to create something spectacular. Contact listing agents for offering memorandum. MLS® ID: 22202035 Listed: 9/20/22 Updated: 11/10/22