Fantastic opportunity to create something truly special in the heart of Paradise! Part of the DEL ORO water district - start up costs under $200! 5040 Malibu Dr is located in a quiet and highly desirable neighborhood. With .49 acres, this spacious parcel offers a peaceful setting with beautiful views and a gentle landscape. Previous property was a 3 bed / 2 bath, 2032 sq. ft. home with a nice circle driveway. This street has had quite a few luxury homes rebuilt on it - its ideal for building a custom home or investment property. Don't miss out on this one!