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Ocean-View Opportunity in Sunset Mesa. Set in one of Malibu's most peaceful and desirable neighborhoods, this 6554 sq. ft. lot offers a rare chance to create a custom home with ocean views from multiple vantage points. The original two-story residence featured 4 bedrooms and 2.5 baths, with spectacular blue-water views from the upstairs primary suite, the main-level living room, and both the raised front-yard seating area and elevated backyard sitting area. Located just up the hill from the Getty Villa, Sunset Mesa is prized for its quiet streets, underground utilities, and close-knit community feel. Enjoy quick access to the beach, Pacific Palisades, and the shopping, dining, and cultural experiences of Malibu and Santa Monica. The property lies within the highly regarded Santa Monica Malibu Unified School District (SMMUSD). EPA Phase 1 and 2 debris removal is complete, paving the way for a streamlined rebuild plus 10%. Buyers may be able to take advantage of the expedited permit process; verify all requirements with the County, Coastal Commission, and HOA. The HOA has ocean view protections. Whether you envision a modern coastal retreat or a timeless architectural statement, this is your opportunity to build in one of the Westside's most coveted coastal enclaves.
Listing agent: Teresa LeGrove DRE #01998138 teresa@teresalegrove.com, Listing office: Coldwell Banker Realty
MLS data updated 11/2/2026, 10:50:04 PM PT
Source: CRMLS, MLS #: 25578731
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 26, 2025
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,100,000Closed sale · Sep 26, 2025ZIP 90265 · Sep 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.