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 developer. Build large and fast here.