See Home Value
$1,650,000
● Land - Off Market

5540 HORIZON Drive

Malibu, CA 90265
bedrooms
Studio
bathrooms
0 Bath
$2,516,710
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Literally Sunrise to Sunset Views from this building site. Build your own custom home on this approx. 1.3 ocean view acre property. Woolsey Fire re-build affords you the opportunity to re-build the 2837 square foot home plus 10% that existed, within a given time period. Property has been recently cleared and is easy to walk around on. Come see the gorgeous view and imagine yourself living here in this desirable area, known as  Malibu Park. It's close to beaches, hiking trails, schools, stores, restaurants and this gorgeous area offers natural scenic beauty while just minutes to the Pacific Coast Highway. Take the time to explore Malibu and you will never want to leave. The City is currently accepting new plans and proceeding with the permit process during this challenging time of overcoming COvid 19. Don't let this virus slow you down if you want to move to Malibu. Interest rates are low and real estate has historically been something of value you want to call your own.
Unit Size
-
Days on Market
72 days
Land Size
1.30 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1978

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Cap Rate Calculator

Last updated: 4 months ago (CLAW #20569990)

Price History

Date / Event Date Event Price
Jun 17, 2020 Sold
Sold
Apr 6, 2020 Listed by Coldwell Banker Realty $1,795,000
Listed by Coldwell Banker Realty

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,781
  • Total Building Area: 2,837
  • Building Area: 2,837
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,837
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 17351
  • Land Acres: 0000001304
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: TRACT # 17351 LOT/SEC 7

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 800411

Zoning

  • Zoning: LCRA20

Geography

  • Assessors Map Reference: 111-F5
  • Subdivision Tract Number: 17351
  • Parcel: 4469-007-008
  • Lot: 7
  • Municipality: WEST /POINT DUME
  • Latitude: 34.0341
  • Longitude: -118.828

    Address

  • Full Address: 5540 Horizon Dr
  • Address - House Number: 5540
  • Address - Street Name: Horizon
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Malibu
  • Carrier Code: C109
  • 4-Digit Zip Code: 3741
  • Zip Code: 90265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,040,240
  • Tax Rate Code Area: 10-853

    Appraisal Valuation

  • Standard Deviation: 0.2353
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 2,707,107
  • High Value: 3,344,317
  • Low Value: 2,069,897

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,734,443
  • Assessed Land Value: $1,734,443

    Sales

  • Current Sale Contract Date: Jun 08, 2020
  • Current Sale Recording Date: Jun 17, 2020
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 20-0658542
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Western Malibu


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Unit for rent at 29233 Heathercliff Road, MALIBU, CA, 90265

$6,750 /mo

  • 2 Beds
  • 1 Bath
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29233 Heathercliff Road #4, MALIBU, CA, 90265 Listing by Christopher Cortazzo


Frequently Asked Questions

When was property at 5540 Horizon Drive built and last sold?
The property at 5540 Horizon Drive was built in 1978 and last sold on Jun 8, 2020 for $1,650,000.
How much is this home worth?
The estimated value of the home located at 5540 Horizon Drive is $1,812,950.
What are some comparable homes to 5540 Horizon Drive?
There are currently no comparable homes to 5540 Horizon Drive.