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An exceptional opportunity to build your ocean-view Malibu dream home in a premier coastal setting. This expansive 1.17-acre property features a rare flat building pad and showcases sweeping views of the Pacific Ocean, Catalina Island, and the iconic Queen's Necklace.The lot previously housed a magnificent 4,357 sq ft two-story residence designed by architect Doug Rucker, providing valuable precedent for future development. With the ability to rebuild the prior footprint plus up to an additional 10%, the property offers flexibility to create a custom coastal retreat thoughtfully tailored to your vision. U.S. Army Corps of Engineers Phase 1 and Phase 2 clearances have been completed, further streamlining the development process.Perfectly positioned just minutes from Nobu Malibu, Soho House's ultra-private Little Beach House, and the upscale boutiques and restaurants of Malibu Country Mart, this address delivers effortless access to Malibu's most coveted lifestyle destinations. Enjoy proximity to private sands while remaining moments from the area's most iconic hotspots.Whether you envision a timeless legacy estate or a bespoke modern masterpiece, this prestigious setting combines privacy, convenience, and breathtaking coastal beauty an extraordinary opportunity to create a true legacy property in one of Malibu's most sought-after enclaves.
Listing agent: Stephen Udoff DRE #01870835 SUdoff@gmail.com, Listing office: Coldwell Banker Realty
MLS data updated 10/21/2026, 7:52:50 AM PT
Source: CRMLS, MLS #: 26657625
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 22, 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
$1,600,000Closed sale · Apr 22, 2026ZIP 90265 · Apr 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.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.