11865 ELLICE ST, Malibu, California
11865 ELLICE ST, Malibu, California 90265 - This extraordinary lot (lot 17) is just across the street from the $20M sale (lot 4, 11846 Ellice St.), with a perfectly finished ready-to-go building pad over 3 times the size of lot 4's pad with 463' of frontage vs. 137', for just $6.9M. An extraordinary opportunity for those looking to build their custom dream home or for those developers looking for a profitable investment. With other recent home sales in the community fetching approx. $2,200 per sq.ft. with short days on market, at under 40 days and 140 days, the marketability and profit potential at MariSol is enticing to any developer. Owner states that for its 7 homes so far built, average permit approval is extremely fast and possible in just 3 months. Build large and fast here.
Listing Courtesy of Marisol Malibu Realty
“Kim and Kristine are excellent at their work and they're super helpful and fun to work with as well. I would highly recommend them to home buyers and sellers.”