Create your dream home in this idyllic, tranquil, and private mountain setting. Nestled on just under 18 acres, this exceptional property features a spacious, ready-to-build pad integrated into the hillside, offering over 180 degrees of breathtaking mountain, valley, and ocean views. A picturesque driveway, framed by stately pilasters and landscaped with Agave, Cactus, and Pepper trees, guides you to the future home site. Further up the hill, an additional promontory with a flat pad provides sweeping views of the ocean, Boney Mountain, and the surrounding private and state lands. While the land was impacted by the Woolsey fire in 2018, it was previously home to a 2,800 sq ft residence. The property has been meticulously maintained and is fully equipped with two 10,000-gallon water tanks, a full propane system, a rebuilt and easily accessible septic system, and enhanced drainage throughout. A dedicated land caretaker is available for hire. Conveniently located near numerous hiking trails and just three miles from the Pacific Coast Highway and the ocean, this property offers easy access to Malibu, Ventura, Santa Barbara, and the Conejo Valley. It is the ideal retreat for anyone seeking a peaceful mountain getaway with stunning stargazing opportunities. The property is being sold with renderings to build an approximately 3,300 sq ft two-story home under Ventura County building codes, with the potential for an additional structure if desired. This special Malibu oasis is a rare opportunity to create a unique and personal sanctuary.
Property Details
Property Features
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
Office Phone: (310) 829-0629
Listing Agent: Dan Nessel
Exterior Features
Exterior Information:
View: Hills, Mountain(s), Ocean, Panoramic, Vineyard
Lot Features
Lot Information:
Lot: Irregular Lot, Landscaped
Lot Size: 17.71 Acres
Other
Directions Information:
Directions: Pacific Coast Highway to Yerba Buena (just North of Neptunes Net) up about 3 miles and right after Cotharin. Look for the 6 mailboxes (and RE signs) and take a right
Price Information
Listing Price Info
Price Summary:
List Price: $995,000
Tax Information:
Annual Amount: $4,720
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Malibu, CA.
This property is $2.5M less than the Median Sold Price in Malibu, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24428935
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
Office Phone: (310) 829-0629
Listing Agent: Dan Nessel
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/15/2024, 6:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 01, 1998
Sep 01, 1998Home Sold
$623,000
Sep 25, 1990
Sep 25, 1990Home Sold
$250,000
Sep 25, 1990
Sep 25, 1990Home Sold
$150,000
Feb 11, 1988
Feb 11, 1988Home Sold
$52,500
Feb 11, 1988
Feb 11, 1988Home Sold
$52,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$4,720
$435,483
2020
$4,768
$431,019
2019
$9,492
$422,569
2018
$9,191
$858,071
2017
$9,191
$841,247
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Banyan Elementary School
1120 Knollwood Dr
Distance between this listing and this school4.67 miles
Public District Grades KG-5
9
/10
Cypress Elementary School
4200 Kimber Dr
Distance between this listing and this school5.58 miles
Public District Grades KG-5
5
/10
Maple Elementary School
3501 Kimber Dr
Distance between this listing and this school5.70 miles
Public District Grades KG-5
Nearby Schools
9
/10
Sycamore Canyon School
4601 Via Rio
Distance between this listing and this school5.95 miles
Public District Grades KG-8
5
/10
Sequoia Middle School
2855 Borchard Rd
Distance between this listing and this school6.18 miles
Public District Grades 6-8
7
/10
Malibu Middle School
30237 Morning View Dr
Distance between this listing and this school8.07 miles
Public District Grades 6-8
Nearby Schools
8
/10
Newbury Park High School
456 N Reino Rd
Distance between this listing and this school6.48 miles
Public District Grades 9-12
4
/10
Compass Charter Schools of San Diego
850 Hampshire Rd Ste P
Distance between this listing and this school7.81 miles
Public Charter Grades KG-12
4
/10
Compass Charter Schools of los Angeles
850 Hampshire Rd Ste P
Distance between this listing and this school7.81 miles
The neighbors living near this home have an average income of $151,587. Typical income of Malibu, CA residents is $200k+ annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 12324 Yerba Buena Rd
What is the listing price of this property?
The listing price of 12324 Yerba Buena Rd property is $995,000.
What type of property is this?
The property 12324 Yerba Buena Rd is land located in Malibu, California, 90265.
Is this property for sale now?
Active Listing: 12324 Yerba Buena Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,720 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 1, 1998 for $623,000. (source: MLS/tax record).
How much acreage is this property?
The property 12324 Yerba Buena Rd is 17.71 acres.
Interested in 12324 Yerba Buena Rd? Let's connect.
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This home is located at 12324 Yerba Buena Rd in Malibu, CA and zip code 90265. This home sits on a 17.71 acre lot. It has been listed on Rocket Homes since August 17, 2024 and is currently priced at $995,000.
In October 2024 more than 2 listings in Malibu, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 6 were sold below. Between September 2024 and October 2024, Malibu, CA real estate market has seen increase in the number of listings by 9.8%. In October 2024, listings were on the market for 98 days. During the same period, the median list price in this real estate market was $3,500,000.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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