Marisol Malibu

11865 Ellice St Info

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Acreage

2.19 acres

elevation

115 feet

oceanfront

463 feet

price

$6,900,000

description

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 builder.