21497 Calle Del Barco, Malibu, CA 90265

Bankruptcy court approval and overbid hearing is scheduled for August 21, 2025, at 2:00pm. Notice of intent to Overbid must be given by August 19, 2025 by 5:00pm. Overbidders must submit a deposit of $4,500 by the overbid deadline. Initial overbid amount must be at least $155,000, subsequent bids increase by at least $1,500. Any overbids are to be on the same terms and conditions as the terms of the Purchase Agreement with all contingencies waived. All due diligence must be completed prior to the hearing. See private remarks for all details and further instructions to overbid. Incredible ocean views and private beach access! Unique land offering presents a rare opportunity with La Costa Beach Rights to Malibu La Costa Beach and Tennis Club. The coveted Malibu La Costa Beach membership offers clubhouse, BBQ areas, picnic tables, kitchen and private access to very desirable beach area with beachfront lounge areas. Annual dues are $900, and beach access is available only to property owners within the Association. For those seeking to build, this lot may offer long-term potential subject to City of Malibu approvals, including a waiver to build and Certificate of Compliance. Recent development activity on nearby lots shows promise for buyers willing to navigate the planning process.