Property listed by Sotheby's International Realty, Chris Frost 310-456-6431
$4,950,000
UNMATCHED LAND OPPORTUNITY IN WESTERN MALIBU. Perched high above the Pacific Coast Highway with commanding, unobstructed 180 views from iconic Point Dume to majestic Point Mugu, this 2.38 acre parcel offers an extraordinary opportunity to build a dream estate overlooking the pristine Encinal Bluffs. Sold with a full suite of… Read More entitlements and near-complete permits, the property includes CITY OF MALIBU APPROVED COASTAL DEVELOPMENT PERMIT (CDP) that is valid until June of 2026, by which time valid construction must commence. The 95% completed Planning and Building approvals, have begun to pave the way for a streamlined path to construction. Iconic design collaboration between Studio Ermacora and California modern Architecture Studio Marmol Radziner, the Villa concept provides a combination of outward looking striking vistas while being utterly secluded and aiming to invite a sense of inner peace. AIA envision a striking 5,000 sq ft contemporary residence featuring:*3 spacious bedrooms and 3.5 baths*Seamless indoor-outdoor flow with expansive decking and pool*Attached 2-car garage*Thoughtfully integrated landscaping*Onsite wastewater treatment system with seepage pit dispersal. Significant infrastructure is already in place, including a 1,200-foot deep well and two 10,000-gallon water tanks, ensuring robust water access. Sale includes a comprehensive set of plans and reports: *Site plan with setbacks *Access and grading plans *Slope analysis and erosion control plans *Soil, drainage, and geological reports *Biological and archeological assessments *Survey and topo map *Fire Department and Building & Safety approvals This rare offering combines breathtaking views, significant pre-development investment, and world-class design pedigree ideal for a discerning buyer ready to create a signature Malibu estate. Read Less
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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