Create your dream home in this bucolic, peaceful & private mountain setting. Resting on just under 18 Acres, this wonderful property offers a large, ready buildable pad nestled into the hillside with over 180 degrees of beautiful mountain, valley & ocean views further up. A winding & inviting driveway anchored by Pilasters & landscaped with rich Agave, Cactus & Rosewood trees lead you to this future home site. Additionally, just up the hill rests another promontory with a flat pad that offers grand views of the Ocean, Boney Mountain & rolling acres of private & state land. The land fell victim in 2018 to the Woolsey fire but prior was a 2800 sq ft home, happily lived in for 3 decades. The happiness shared will never be forgotten with over 7000 Sunsets, thousands of family dinners, hundreds of parties & millions of memories. The home & land currently is well cared for which is fully equipped with 2-10K gallon water tanks, full propane with a rebuilt & easy access septic system plus, improved drainage throughout the property & a great land caretaker for hire. Convenient to many awesome hiking trails & only 3 miles from PCH or the Ocean. Just N. of Leo Carrillo campground off the ocean it offers easy access to not just Malibu but Ventura, Santa Barbara & Conejo Valley....make this basecamp. This is an ideal property for anyone looking for quiet getaway mountain retreat that offers amazing stargazing opportunity. Being sold with existing plans to build approx 3300 sq ft 2 story home under Ventura county building codes. Create a lovely new home, plus an additional structure (if desired) on this special Malibu Oasis
Property Details
Property Features
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
Office Phone: (310) 829-0629
Listing Agent: Dan Nessel
Exterior Features
Exterior Information:
View: Hills, Mountain(s), Ocean, Panoramic, Vineyard
Lot Features
Lot Information:
Lot: Irregular Lot, Landscaped
Lot Size: 17.71 Acres
Other
Directions Information:
Directions: Pacific Coast Highway to Yerba Buena (just North of Neptunes Net) up about 3 miles and right after Cotharin. Look for the 6 mailboxes and take a right
Price Information
Listing Price Info
Price Summary:
List Price: $1,100,000
Tax Information:
Annual Amount: $4,720
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Malibu, CA.
This property is $2.2M less than the Median Sold Price in Malibu, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24353653
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
Office Phone: (310) 829-0629
Listing Agent: Dan Nessel
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/27/2024, 10:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 01, 1998
Sep 01, 1998Home Sold
$623,000
Sep 25, 1990
Sep 25, 1990Home Sold
$250,000
Sep 25, 1990
Sep 25, 1990Home Sold
$150,000
Feb 11, 1988
Feb 11, 1988Home Sold
$52,500
Feb 11, 1988
Feb 11, 1988Home Sold
$52,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$4,720
$435,483
2020
$4,768
$431,019
2019
$9,492
$422,569
2018
$9,191
$858,071
2017
$9,191
$841,247
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,558
Per Month
Principal & Interest
$5,491
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,364
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Banyan Elementary School
1120 Knollwood Dr
Distance between this listing and this school4.68 miles
Public District Grades KG-5
8
/10
Cypress Elementary School
4200 Kimber Dr
Distance between this listing and this school5.58 miles
Public District Grades KG-5
6
/10
Maple Elementary School
3501 Kimber Dr
Distance between this listing and this school5.70 miles
Public District Grades KG-5
Nearby Schools
9
/10
Sycamore Canyon
4601 Via Rio
Distance between this listing and this school5.95 miles
Public District Grades KG-8
6
/10
Sequoia Middle School
2855 Borchard Rd
Distance between this listing and this school6.09 miles
Public District Grades 6-8
7
/10
Redwood Middle School
233 W Gainsborough Rd
Distance between this listing and this school8.10 miles
Public District Grades 6-8
Nearby Schools
7
/10
Newbury Park High School
456 N Reino Rd
Distance between this listing and this school6.47 miles
Public District Grades 9-12
6
/10
River Oaks Academy
880 Hampshire Rd
Distance between this listing and this school7.76 miles
Public Charter Grades KG-12
9
/10
Malibu High School
30215 Morning View Dr
Distance between this listing and this school8.09 miles
The neighbors living near this home have an average income of $151,587. Most Malibu, CA residents have annual incomes $200k+. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 12324 Yerba Buena Rd
What is the listing price of this property?
The listing price of 12324 Yerba Buena Rd property is $1,100,000.
What type of property is this?
The property 12324 Yerba Buena Rd is land located in Malibu, California, 90265.
Is this property for sale now?
Active Listing: 12324 Yerba Buena Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,720 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 1, 1998 for $623,000. (source: MLS/tax record).
How much acreage is this property?
The property 12324 Yerba Buena Rd is 17.71 acres.
Interested in 12324 Yerba Buena Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 12324 Yerba Buena Rd in Malibu, CA and zip code 90265. This home sits on a 17.71 acre lot. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $1,100,000.
Malibu, CA housing market in March 2024 saw over 3 listings sold above listed price, more than 1 sold at listed price and over 11 sold below. Between February 2024 and March 2024, Malibu, CA real estate market has seen increase in the number of listings by 13.5%. The median list price of listings available in March 2024 was $3,385,000, while the average time on the real estate market was 93 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Hunting
Hunting
NASCAR
Men's Tennis
Dillards
Dick's Sporting Goods
Wal-Mart
Cracker Barrel
Texas Roadhouse
Hardee's
Cadillac
Subaru
Ram
News/Talk/Information
New Country
Classic Country