5243 Horizon Dr, Malibu, CA 90265 is For Sale
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5243 Horizon Dr, Malibu, CA 90265

5 beds5 baths3,271 sqft

Pending
$4,500,000
Est. Mortgage
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My Notes

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UNPRECEDENTED, SWEEPING WHITEWATER OCEAN VIEWS!!! This extremely rare offering is one of the most unique opportunities in the City of Malibu - TWO homes on TWO separate lots; being sold together. Perched on a hill above Malibu Park at the end of a cul-de-sac, this is the perfect location to be close to everything, yet offering complete privacy and those breathtaking views. In other words, it is "as close to heaven as you can get!" Each home is ready for your inspiration to take over and transform as they both have yet to see their true potential. The larger of the two homes at 5243 Horizon is approximately 5,000 square feet on 1~acre, while the second property, at 5247 Horizon, is approximately 2,200 square feet on 1.8~ acres. Create a master compound, or develop two separate residences (each with their own septic and SOWP). Endless views with endless opportunities; once finished, each could be sold separately. Investors must see!  More Less 

Facts

  • Lot: 2.8 acres
  • Single Family
  • Built in 1972
  • 208 days on Zillow
  • Heating: Other
  • Price/sqft: $1,376

Features

  • Fireplace

      Construction

      • Unit count: 1

      Other

      • Floor size: 3,271 sqft
      • Last remodel year: 1975
      • Parcel #: 4469005027
      • Zillow Home ID: 20556961

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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      $3,493,812
      +$69,301 Last 30 days
      $1.82M
      $5.00M
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $11,812/mo
      -$1,158 Last 30 days
      $7.9K
      $24K
      Zestimate range
      Zestimate forecast
      $XXX,XXX
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      Popularity on Zillow

      2,093 views since listing
      2,262 all-time (chart)
      6 shoppers saved
      this home to their list of favorites

      Home Expenses

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      Neighborhood

      Market guide

      Zillow predicts 90265 home values will increase 1.5% next year, compared to a 1.4% increase for Malibu as a whole. Among 90265 homes, this home is 100.2% more expensive than the midpoint (median) home, and is priced 45.8% more per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In 90265, the number of foreclosures waiting to be sold is 8.5% less than in Malibu, and 135.1% higher than the national average. This lower local number could help 90265 home values rise more quickly than other regions in Malibu.

      Learn more about forecast calculations or 90265 home values.
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        Nearby Schools in Malibu

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org

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