1951 Newell Rd
Malibu, CA 90265

17,115 Sqft
Located in one of Malibu's most popular recreation destinations above year-round waterfalls. Large street 2 street lot w/sweeping views & surrounded by protected parkland, ocean breezes, mountains & nature. GSA calculations suggest a home consistent w/neighboring homes of 3000sf. Vitus Matare and Associates plans available for purchase. Low interest 30 year fixed bank financing available with as little as 25% down, OAC. Next to multi-million dollar homes, this lot has expensive upgrades like water meter on site, some septic, geo and soils reports available for update, 2 formally graded flat pads and driveway. Expired costal intent to issue permit in file. Great spec. project or dream home. Sweeping parkland views in central Malibu, just minutes to beaches, shops & Pepperdine. Forever views are pretty much guaranteed on this over 17,000 square foot lot, & the gentle slope makes for a reasonably priced project. In area serviced by new Building & Safety/Coastal One-Stop permit center!!!
  • Zipcode: 90265
  • Days on Movoto: 199
  • Year Built:
  • HOA:
  • $/Sqft:
  • Lot: 17,115 Sqft
  • Property Type: Land
  • MLS#: 16113520
  • MLS:
  • Listing Office: Compass
  • Listing Broker: Kelly Pessis
  • Movoto last checked CRMLS for new data 1 hour ago
  • CRMLS last updated this listing 3 months ago

Property Features for 1951 Newell Rd , Malibu

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Real Estate Market Statistics of 1951 Newell Road , Malibu

Malibu, California

Total Inventory For Sale

269 Homes

0% m/m +740% y/y

Median List Price


0% m/m +16% y/y

Median Days On Market

109 Days

0% m/m 0% y/y

Median House Size

3,385 Sqft

0% m/m +7% y/y

Median Price Per Square Foot

$1,174 /Sqft

-1% m/m +24% y/y

Median Price

As of today, there are 269 properties listed for sale in ZIP code 90265 and 269 properties listed for sale in the city of Malibu, CA. This property at 1951 Newell Rd in 90265 is currently listed for $225,000. This is 95% below the $4,195,000 median price for Malibu and 95% below the 90265 median of $4,195,000. Of the 269 properties for sale in Malibu, 239 are single family homes and 30 are condos. 1951 Newell Rd is a land home that is approximately — square feet, 100% below the Malibu median of 3,385 and 100% below the 90265 ZIP code median of 3,385. The price per Sqft is —, which is 100% below the median price in 90265 of $1,174 and 100% below the Malibu median of $1,174 per Sqft.

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This land house is located at 1951 Newell Rd. It is listed on 04/07/2016 for $225,000. 1951 Newell Rd is located in the Santa Monica-Malibu Unified School District. The closest school is Webster Elementary School.

1951 Newell Rd has been on the market for 199 days. The median days on the market for properties in this area is 109 with a median list price of $4,195,000 and median cost per square foot of $1,174. It's currently listed as active under the MLS #16113520.

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