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Rare opportunity to build in the hills of Malibu! Located at 1859 Newell Road, Malibu. This approximately 17,876 SF parcel offers a private Corral Canyon setting surrounded by mature trees, natural terrain and beautiful canyon views. The site has potential for an approximately 2,200 SF custom residence, subject to zoning, permitting and all applicable governmental approvals. Enjoy the quintessential Malibu experience with a scenic drive through Corral Canyon, winding through the Santa Monica Mountains toward Pacific Coast Highway and the Pacific Ocean. A unique opportunity for a developer, investor or future homeowner looking to create a custom Malibu retreat in one of Southern California's iconic coastal canyon communities. Buyer to verify all development possibilities and site conditions.
Listing agent: Jesus Rodriguez DRE #01944027 Jrodc7@hotmail.com, Listing office: Realty Rx
MLS data updated 10/24/2026, 12:00:50 PM PT
Source: CRMLS, MLS #: SW26208893
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 23, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$265,000Asking price recorded · Oct 23, 2026ZIP 90265 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.