Three contiguous parcels in the Santa Monica Mountains totaling 48.1 acres. Located on the Ventura County side of unincorporated Malibu, this property lies just southwest of the Sherwood Country Club. With the 101 Freeway to the north, and PCH/Malibu beaches to the south, this is prime real estate in one of the hottest markets in the country. The three parcels were appraised at $300,000 in the mid 1990s. With great views, unbeatable weather, tons of acreage, easy freeway access, and an excellent location just outside of the City of Malibu and Santa Monica, these lots are perfect for the savvy investor. Nestled in the hills adjacent to the City of Malibu with a good mix of flat, rolling, and sloping terrain. Once the access roads are made to comply with County Fire Department standards, these properties will provide an excellent opportunity for development.