Property Description: Vacant Land on 27132 Sea Vista Dr, Malibu, CA state. This listing was added to our database on Nov 27, 2013. Listing was updated in 02/02/14. Tremendous Potential! .62 Acres with Spectacular Ocean,Island and Paradise Cove Views. Located on low bluff on Sea Vista Drive with amazing unobstructed ocean views. Lot next door is also For Sale for similar price - buy both lots for one grand estate or build two homes! This property would sell for over $1.5 million once all investigations are completed and approved. Located in a one of Malibu's most prestigious neighborhoods and within short walk to ocean. Available equity tennis memberships available in community tennis courts. A new home on this site would sell for over 5 million dollars - great potential for investment or rare close to the beach estate property. Geology work is needed to verify cost of foundation and septic system needed. Please contact agent for proposal from Bob Sousa - Geologist . Spend approximately $5k to $10 k on test holes and you will know the cost to build on either lot. If foundation cost are not too expensive , both lots are being sold way bel
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