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.
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“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 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 | $/sqft | Valuation |
---|---|---|
HouseCanary | $1611/sqft | $3,850,200 |
Get a detailed valuation report, schedule a tour or make an offer!
“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.”
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
SUBJECT20434 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
COMPARABLEChoose comps
19846 Pacific Coast Hwy, Malibu, CA 90265
Sale: $4,200,000
8/27/2024 • 0.62 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
Sale: $3,000,000
11/18/2024 • 1.38 mi
Area:2,294 sqft
Price/sqft:$1,308
Beds:4
Baths:4
Year Built:—
Weight:47.3%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
20434 Seaboard Rd, Malibu, CA 90265 | $2,150,000 | 2,390 | $900 | 14,849 | — | 7/30/2025 | 3 | 4 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
19846 Pacific Coast Hwy, Malibu, CA 90265 | $4,200,000 | 1,906 | $2,204 | 1,659 | 0.62 mi | 8/27/2024 | 3 | 4 | — | 52.7% | |
21439 Pacific Coast Hwy, Malibu, CA 90265 | $3,000,000 | 2,294 | $1,308 | 7,418 | 1.38 mi | 11/18/2024 | 4 | 4 | — | 47.3% |
Nearby Listings
20 similar properties within 5 miles

List Price: $2,500,000
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TurboHome Est. Value:
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List Price: $1,995,000
20740 Las Flores Mesa Dr, Malibu, CA 90265
4 bd 4 ba 3,228 sqft
TurboHome Est. Value:
$4,048,500

List Price: $1,799,000
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TurboHome Est. Value:
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