33069 Mulholland Hwy DR Malibu CA 90265 | MLS #26996881

20 Acres Prime Malibu Opportunity! Located in one of the highest mountain areas of Malibu, this exceptional offering features two contiguous parcels (APNs 4472-007-019 and 4472-007-020) totaling approximately 20 acres. The property enjoys panoramic views spanning the ocean, mountains, and surrounding valleys. Adding to its appeal, a newly constructed neighboring estate with an estimated value exceeding $6,000,000 underscores the long-term potential of this location. The attractive pricing reflects a key factor: there is currently no recorded easement providing legal, insurable access via Etz Meloy Motorway from Mulholland Highway. While the owner has historically accessed the property via this private road, formal access rights have not been established. For a buyer capable of resolving the access issue, this presents a significant upside opportunity, with the potential to substantially increase the property’s value. The property is ideally situated adjacent to the Backbone Trail and is bordered on two sides by protected U.S. government land, offering privacy, natural beauty, and long-term preservation of the surrounding environment. This is a rare opportunity for an experienced buyer or investor seeking to unlock value by solving a key entitlement issue.