7 months on rocket

31531 Pacific Coast Hwy, Malibu, CA, 90265

$1,295,000

6.01 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontBeach
ViewMountain(s)
MLS #224001619
Lot Size6.01 Acres
StatusActive

About 31531 Pacific Coast Hwy

Perched majestically above Broad Beach, this extraordinary parcel offers an unbeatable ocean view with deeded beach rights! With majestic mature trees, lush coastal ferns, and a tranquil stream meandering through, this is the beauty Malibu dreams are made of! Up-to-date plotted easements, recorded easement deeds in hand. Road and home are conceptual ideas. This property consists of two APN's and two addresses for a total acreage of approx. 5.9 Acres. Don't let this once-in-a-lifetime opportunity slip away - seize the chance to own a slice of Malibu's legendary coastal paradise!!

Property Details

Property Features

Listing Office:

  • Office Name: Compass
  • Office Phone: (805) 617-0645
  • Listing Agent: Sher Toor

Exterior Features

Exterior Information:

  • Waterfront: Beach
  • View: Mountain(s)

Lot Features

Lot Information:

  • Lot: Irregular Lot, Secluded
  • Lot Size: 6.01 Acres

Other

Directions Information:

  • Directions: To reach 31529 & 31531 Pacific Coast Highway, simply take Pacific Coast Highway and turn onto Seacloud Lane. Follow the easement driveway on the left side. 31529 & 31531 will be located behind the property at the end of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,295,000

Tax Information:

  • Annual Amount: $1,360
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Malibu, CA.

Med. Sold Price

$3.5M

Med. Price/SqFt

$1,281

Avg. Days On Market

89

# of Sold Homes

16

31531 Pacific Coast Hwy vs Malibu

232 DAYS ON ROCKET

+143 Days

$1,295,000

-$2.2M Less

KEY TAKEAWAY

This property is $2.2M 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: #224001619

Listing Office:

  • Office Name: Compass
  • Office Phone: (805) 617-0645
  • Listing Agent: Sher Toor

IDX 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: 12/18/2024, 9:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 26, 1994Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,360$69,815
2020$1,320$69,100
2019$1,297$67,746
2018$1,280$66,418
2017$1,280$65,116

History based on county public records data.

Payment Calculator

$6,531

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,949

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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.

Nearby Schools

school-card-donut-4484281
8
/10
  • Point Dume Marine Science School

  • 6955 Fernhill Dr

  • 3.89 miles

  • Public District Grades KG-5

school-card-donut-4484282
7
/10
  • Westlake Elementary School

  • 1571 E Potrero Rd

  • 7.18 miles

  • Public District Grades KG-5

school-card-donut-4484283
9
/10
  • White Oak Elementary School

  • 31761 Village School Rd

  • 7.68 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,875. The most common annual income of people living in Malibu, CA is between $100k-200k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 31531 Pacific Coast Hwy

What is the listing price of this property?

The listing price of 31531 Pacific Coast Hwy property is $1,295,000.

What type of property is this?

The property 31531 Pacific Coast Hwy is land located in Malibu, California, 90265.

Is this property for sale now?

Active Listing: 31531 Pacific Coast Hwy 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 $1,360 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 26, 1994 for $350,000. (source: MLS/tax record).

How much acreage is this property?

The property 31531 Pacific Coast Hwy is 6.01 acres.
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Rocket HomesCaliforniaLos Angeles CountyMalibu9026531531 Pacific Coast Hwy

This home is located at 31531 Pacific Coast Hwy in Malibu, CA and zip code 90265. This home sits on a 6.01 acre lot. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $1,295,000.

Malibu, CA housing market in November 2024 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 13 sold below. The number of listings in Malibu, CA increased by 8.9% between October 2024 and November 2024. While the average time on the market in November 2024 was 89 days, the median list price was $3,500,000.

From Rocket Homes Real Estate and based on county public records data.

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