29139 Crags, Agoura Hills, CA 91301

Property Description

2.37 prime acres of equestrian property in Malibou Lakeside. Build your dream home steps away from the trail-head of the 8000+ square acre Malibu Creek State Park that is in the heart of the Santa Monica Mountain Range (the "Yosemite" of Southern California). The property can also be used as the ultimate Airbnb. The unique zoning of R-R-1 allows the owner to build a bed and breakfast (essentially a SFR with rentable rooms) with up to 5 rentable rooms along with multiple other options without the hassle of obtaining a conditional use permit by right (see Los Angeles County R-R-1 Resort and Recreation zoning - buyer to verify). There is a water meter on site which will save you $13k+. Owner is currently having a new Geoflow septic system designed and the report with the design will be provided to the future buyer which will save you another $10K+. There is an easement for a small park (just over ½ acre) at the north end of the property that the community is allowed to use as a park and an easement on the eastside for a bus stop for school children in the neighborhood.