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10120 Yerba Buena Road, Malibu, California 90265, Malibu, 90265 - 1 bed, 1 bath

10120 Yerba Buena Road, Malibu, California 90265 home-pic-0
ACTIVE$5,100,000$1,400/sqft
10120 Yerba Buena Road, Malibu, California 90265
1Bed
1Bath
1,400Sqft
1,306,800Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1306800, living area = 1400.
Top Cons:
Limited Current Living Space: The existing home is a modest 1 bedroom, 1 bathroom, and 1400 sqft, which is small relative to the expansive lot size and high price point.

Compared to the nearby listings

Price:$5.10M vs avg $4.35M (+$750,000)61%
Size:1,400 sqft vs avg 2,564 sqft11%
Price/sqft:$3.6K vs avg $1.3K93%

More Insights

Built in 2021 (5 years old).
Condition: This property was built in 2021, making it virtually new. The description explicitly states the kitchen and bath were 'recently redone' with 'brand new Meile appliances,' 'Boffi Case 2.0 cabinetry,' and 'top of the Line finishes' including Newport Brass fixtures and Micro Mosaic Sicilian Tile. The images confirm a sleek, modern design with high-end materials, integrated appliances, and pristine condition throughout. All components appear new, meeting current quality standards with no deferred maintenance.
Year Built
2021
Close
-
List price
$5.1M
Original List price
$5.1M
Price/Sqft
$3,643
HOA
-
Days on market
-
Sold On
-
MLS number
SR26007030
Home ConditionExcellent
Features
Excellent View: Canyon, Hills, Meadow, Mountain(s), Ocean, Panoramic, Pasture, Rocks, Vineyard, Trees/Woods
Deck
Patio
ViewCanyon, Hills, Meadow, Mountain(s), Ocean, Panoramic, Pasture, Rocks, Vineyard, Trees/Woods

About this home

Somewhere over the rainbow is this very rare one of a kind Malibu off-the-grid retreat. No electric or water bills here. Totally self contained retreat, situated on 30 acres of beautiful land, this modern home designed by Architect Bruce Bolander, is made of 20 Foot Glass, board form concrete, and steel, with stunning views of the rolling hillsides and mountain tops that change like a picture hourly. Never offering the same view twice. Ocean views from the top of the property and hiking paths all over to enjoy mother nature and the wildlife. The home has loads of possibly to expand should one choose to. This home is perfect for someone looking for privacy and who enjoys the outdoors. You can create a ranch, a meditation retreat, vineyard, or your own homestead in the hills of Malibu located on the Ventura County side. This property is fully self-contained, with your own solar generating power and backup generator, two water wells, and propane gas. Beautiful rolling hills offer a great space for a greenhouse, barn, horses or a solarium. Expired plans for another home on the property are available. Enjoy amazing nights gazing at the stars and the galaxy! A bonus to this property is a 2024 Airstream Trade Wind that is ideal as guest quarters for your friends and family. Looking to stay connected to the outside world…no problem the property has satellite WIFI. The kitchen and bath have been recently redone with Boffi Case 2.0 cabinetry, Micro Mosaic Sicilian Tile/Shower, brand new Meile appliances, Newport Brass matt black kitchen and bath faucets, Dedar custom draperies from Italy, and top of the Line finishes. Loads of upgrades and amenities all over this property.

D
Dianne Garnett
Listing Agent

Price History

Date
Event
Price
10/20/23
Sold
$2,100,000
10/28/09
Sold
$478,000
Condition Rating
Excellent
This property was built in 2021, making it virtually new. The description explicitly states the kitchen and bath were 'recently redone' with 'brand new Meile appliances,' 'Boffi Case 2.0 cabinetry,' and 'top of the Line finishes' including Newport Brass fixtures and Micro Mosaic Sicilian Tile. The images confirm a sleek, modern design with high-end materials, integrated appliances, and pristine condition throughout. All components appear new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1306800, living area = 1400.
Unparalleled Privacy & Expansive Acreage: A rare 30-acre off-grid retreat in Malibu offering ultimate seclusion and vast natural surroundings, ideal for a private sanctuary.
Architectural Masterpiece with High-End Finishes: A modern home designed by Bruce Bolander, featuring 20-foot glass, concrete, and steel, complemented by recent luxury upgrades like Boffi cabinetry and Miele appliances.
Complete Off-Grid Self-Sufficiency: Fully self-contained with solar power, backup generator, two water wells, and propane gas, eliminating utility bills and ensuring independence.
Breathtaking Panoramic Views: Offers dynamic and stunning views of rolling hillsides, mountains, and ocean from various points on the property, providing an ever-changing natural spectacle.
Significant Development & Expansion Potential: Ample opportunity to expand the existing residence, develop a second home (with expired plans available), or create a ranch, vineyard, or retreat.

Cons

Limited Current Living Space: The existing home is a modest 1 bedroom, 1 bathroom, and 1400 sqft, which is small relative to the expansive lot size and high price point.
Aggressive Price Increase: The current list price of $5.1M represents a substantial 143% increase from its sale price of $2.1M in October 2023, potentially raising questions about valuation.
Niche Market Appeal: While offering privacy, its 'off-the-grid' and remote nature caters to a very specific buyer seeking a secluded lifestyle, potentially limiting broader market appeal.
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