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Incredible opportunity with rare commercial zoning in the heart of Cornell! This burnout lot of approx. 4.13 acres is zoned for resort and recreational use. Located in the famed "Three Magical Miles" near both the beaches of Malibu and the countless amenities of Agoura, this property is almost entirely usable with breathtaking Santa Monica Mountain views from every angle. The previous compound, lost in the Woolsey Fire, was an approx. 9,472 square foot Frank Lloyd inspired retreat complete with an indoor pool/spa and lighted tennis court. With debris clearance completed, this is a blank slate with endless possibilities. The buyer will inherit rights to the expedited permit process which allows you to obtain fast-tracked permits and increase the footprint by up to 10%. Existing improvements include a gated entry, driveway, tennis court, retaining walls, and a temporary tiny home (manufactured home not included). Moments from renowned local restaurants and shops including the Old Place, Cornell Winery, Charme d'Antan, and more! Whether your dream is a private estate, custom ranch, boutique resort, wellness retreat, filming location, or one of the many other possibilities...this is your chance.
Listing agent: Russell Grether DRE #01836632 russell@compass.com, Listing office: Compass
MLS data updated 11/2/2026, 7:30:45 PM PT
Source: CRMLS, MLS #: 21785290
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 15, 2021
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
$950,000Closed sale · Dec 15, 2021ZIP 91301 · Dec 2021
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.