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.