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20434 Seaboard Rd, Malibu, CA 90265

List Price: $2,150,000On Market FlagOn market
Jul 30, 20252,390 sqft3 beds4 baths
Listed by: Bill Rhodes
License #: 01106892
Phone #: 310-293-2084
Compass
Source:
CRMLS Logo
MLS #: 25570729

Property Description

Here's a breakdown of the compelling features of this Malibu burnout lot in the Big Rock area: This lot offers expansive views of the Pacific Ocean, city lights (known as the Queen's Necklace), and even Catalina Island. Situated in the coveted Big Rock area, the location provides both seclusion and convenience, being just 3 miles from Sunset and PCH. Beyond the magnificent views, this property offers a distinct advantage as it's a burnout lot, meaning it was previously developed and retains valuable infrastructure. Existing amenities include a certified septic system, mature landscaping with a gorgeous backyard featuring two ponds and waterfalls, lawn, driveway, patios, and much of the original foundation remains intact. Burnout lots, due to their previous development, qualify for an expedited building permit process. This significantly reduces the typical timeframe and difficulty associated with obtaining permits in Malibu, potentially shortening the process by years. This allows for quicker construction and the ability to personalize the home with desired finishes in a fraction of the usual time. Investing in a burnout lot offers the potential for significant appreciation as the Big Rock neighborhood rebuilds with modern, state-of-the-art homes, replacing the original 1960s tract homes. This property presents a rare and desirable opportunity to build a custom dream home with unparalleled views and a significantly streamlined construction process in one of Malibu's most sought-after neighborhoods. In addition, you may be able to put a trailer or ADU on the property to utilize while waiting to build.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$83,256

TurboHome Estimated Value

$3,850,200

$1,611 sqft

High Valuation
$4,042,710
$1692/sqft
Normal Valuation
$3,850,200
$1611/sqft
Low Valuation
$3,657,690
$1530/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1611/sqft$3,850,200

Neighborhood

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Comparative Value

$2.15M

$3.00M

$4.20M

20434 Seaboard Rd, Malibu, CA 90265

List Price: $2,150,000

Subject Property

21439 Pacific Coast Hwy, Malibu, CA 90265

Sale Price: $3,000,000

Selected Comparable

19846 Pacific Coast Hwy, Malibu, CA 90265

Sale Price: $4,200,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
20434 Seaboard Rd, Malibu, CA 90265

20434 Seaboard Rd, Malibu, CA 90265

List: $2,150,000

Listed: 7/30/2025

Area:2,390 sqft
Price/sqft:$900
Beds:3
Baths:4
Year Built:
Lot Size:14,849

Comparable Properties

COMPARABLE
Choose comps
19846 Pacific Coast Hwy, Malibu, CA 90265

19846 Pacific Coast Hwy, Malibu, CA 90265

Sale: $4,200,000

8/27/20240.62 mi

Area:1,906 sqft
Price/sqft:$2,204
Beds:3
Baths:4
Year Built:
Weight:52.7%
21439 Pacific Coast Hwy, Malibu, CA 90265

21439 Pacific Coast Hwy, Malibu, CA 90265

Sale: $3,000,000

11/18/20241.38 mi

Area:2,294 sqft
Price/sqft:$1,308
Beds:4
Baths:4
Year Built:
Weight:47.3%

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