Opening page…
Opening page…
Opening home details…
Short Sale! Investor special fire burnout. This lot with approved house and site plans just above Malibou Lake presents an excellent opportunity to create your private mountain retreat with the flexibility to build a modern farmhouse or explore a pre-fabricated home option. This fire rebuild is one of the very last and best opportunities in the Santa Monica Mountains. Infrastructure is complete with a newly installed, health department signed-off septic system. Enjoy sweeping views of mountain vistas, tree tops, and peek-a-boo views of Malibou Lake from the north-facing knoll. The plans by Street Studio LA are for an open-concept farmhouse, just under ~1,000 sq. ft. including patios, with 2 bedrooms and 2 bathrooms designed for indoor/outdoor living. The owners also explored a pre-fabricated home by Macy Homes and there are plans on file available for review. There is an additional 12x10 detached structure still on the property. The site is ready to build with debris cleared and a flat building pad plus new vinyl fencing bordering the only adjoining neighbor. This community is one of L.A. County's hidden gems, completely immersed in nature but less than 10 minutes from the 101 freeway and within reach of every modern convenience. The Cornell region offers innumerable joys to its residents including The Old Place restaurant, Cornell Winery & Tasting Room, and beautiful hiking and riding trails in Malibu Creek State Park. Bring your contractor and create your private mountain retreat! The lot is fee simple and outside of the Malibou Lake HOA. Please note this is a short sale, therefore the sale can only be completed under the parameter of a short sale.
Listing agent: Patricia Palafox Escalante DRE #02074352 patti.palafox@compass.com, Listing office: Compass
MLS data updated 10/30/2026, 1:59:40 PM PT
Source: CRMLS, MLS #: 23294769
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Nov 21, 2023
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
$265,000Closed sale · Nov 21, 2023ZIP 91301 · Nov 2023
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.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.