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!
Sold for $42,000
$42,000
5040 Malibu Drive, Paradise, CA 95969
--beds
--baths
0.49Acres
Unimproved Land
Built in ----
0.49 Acres Lot
$-- Zestimate®
$--/sqft
$1,830 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,830/mo
Zestimate® history
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$286/mo
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Zillow last checked:
Listing updated:
Listed by:
Viktoria Mysin,
eXp Realty of California, Inc.
Bought with:
General NONMEMBER, 0
NONMEMBER MRML
Source: eXp Realty,MLS#: PA25090351
Facts & features
Property
Features
- Has view: Yes
- View description: Meadow
Lot
- Size: 0.49 Acres
Details
- Parcel number: 055440126000
- Zoning: R1
- Special conditions: Standard
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Hiking
HOA
- Has HOA: No
Location
- Region: Paradise
Financial & listing details
- Tax assessed value: $54,121
- Annual tax amount: $623
- Date on market: 4/24/2025
- Cumulative days on market: 118 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Submit
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2025 | Sold | $42,000-29.9% |
Source: eXp Realty #178357732 Report a problem | ||
| 6/25/2025 | Listed for sale | $59,900+19.8% |
Source:  SDMLS #PA25090351 Report a problem | ||
| 5/11/2021 | Sold | $50,000-16.7% |
Source: Public Record Report a problem | ||
| 4/30/2013 | Sold | $60,000-7.7% |
Source: Public Record Report a problem | ||
| 7/8/2012 | Price change | $65,000-13.3% |
Source: RE/MAX OF PARADISE #PA201030918 Report a problem | ||
| 10/7/2011 | Price change | $75,000-16.2% |
Source: REMAX of Paradise #PA201030918 Report a problem | ||
| 4/12/2011 | Price change | $89,500-5.3% |
Source: RE/MAX of Paradise #201030918 Report a problem | ||
| 1/16/2011 | Price change | $94,500-5% |
Source: RE/MAX of Paradise #201030918 Report a problem | ||
| 1/1/2011 | Price change | $99,500-5.2% |
Source: RE/MAX of Paradise #201030918 Report a problem | ||
| 12/15/2010 | Listed for sale | $105,000+16.7% |
Source: RE/MAX of Paradise #201030918 Report a problem | ||
| 2/25/2004 | Sold | $90,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $623 +1.5% | $54,121 +2% |
| 2024 | $614 +0% | $53,060 +2% |
| 2023 | $614 -27.3% | $52,020 +2% |
| 2022 | $844 +75% | $51,000 +27.5% |
| 2021 | $482 -6.7% | $40,000 -11.1% |
| 2020 | $517 +16.4% | $45,000 |
| 2019 | $444 -73.7% | $45,000 -87.5% |
| 2018 | $1,688 -54.2% | $361,209 +2% |
| 2017 | $3,688 +4.5% | $354,127 +2% |
| 2016 | $3,528 +460.2% | $347,184 +1.5% |
| 2015 | $630 | $341,970 +467.4% |
| 2014 | $630 | $60,272 +9.6% |
| 2013 | -- | $55,000 -15.4% |
| 2012 | -- | $65,000 |
| 2011 | -- | $65,000 -34.4% |
| 2010 | -- | $99,130 -0.2% |
| 2009 | -- | $99,366 +2% |
| 2008 | -- | $97,418 +2% |
| 2007 | -- | $95,508 +2% |
| 2006 | -- | $93,636 +2% |
| 2005 | -- | $91,800 +376% |
| 2004 | -- | $19,285 +1.9% |
| 2003 | -- | $18,932 +2% |
| 2002 | -- | $18,561 +2% |
| 2001 | -- | $18,198 |
Find assessor info on the county website
Neighborhood: 95969
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Nearby schools
GreatSchools rating
- NAPonderosa Elementary SchoolGrades: K-5Distance: 3.1 mi
- 5/10Paradise Intermediate SchoolGrades: 7-8Distance: 2.6 mi
- 7/10Paradise Senior High SchoolGrades: 9-12Distance: 3.1 mi
- California
- Butte County
- Paradise
- 95969
- 5040 Malibu Drive
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