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Attention developers, investors, and oceanfront seekers! This is your chance to create a custom coastal retreat on one of Malibu's most scenic and sought-after stretches Big Rock Beach. The previous 3-bedroom, 3-bath home (approx. 2,061 sq. ft.) was lost in the Palisades/Malibu fire, leaving behind a prime, build-ready site with expansive, unobstructed ocean views.This unique leasehold opportunity offers exceptional value, with the current land lease secured through 2071 at just $1,300.46/month, with only a 3% annual increase- a rare find for Malibu beachfront. The potential here is tremendous, whether you choose to rebuild, renegotiate terms, or explore the possibility of purchasing the land outright. Located directly on the beautiful Pacific Coast Highway and just minutes from central Malibu, this site delivers unparalleled access to the coastline, convenience, and world-class views. Opportunities like this are exceptionally rare- act quickly. Call now for more details.
Listing agent: Ani Dermenjian DRE #01185123 come2malibu@yahoo.com, Listing office: Douglas Elliman
MLS data updated 10/23/2026, 11:09:15 AM PT
Source: CRMLS, MLS #: 26997249
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 6, 2026
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
$350,000Original asking price · Oct 6, 2026ZIP 90265 · Oct 2026
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.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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.