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2527 Coal Canyon Rd presents a Malibu development opportunity with panoramic ocean views spanning from the Queen's Necklace to Catalina Island, including the Malibu Pier and Colony, with both sunrise and sunset vistas. The property is also available as part of a two-property package with nearby 2501 Rambla Pacifico, presenting a unique opportunity to acquire two complementary Malibu development sites. Multiple approvals are already in place, including Certificate of Compliance, GMED, ERB, Environmental Health, Fuel Modification, and Fire Department approval, along with completed biological, geotechnical (soils), percolation, and oak tree mitigation reports, including approval for the removal of two oak trees. Set on approximately 20,320 sq ft, the lot offers a highly usable building site on a quiet, private street with limited neighboring homes. Conceptual architectural plans are available for a classic modernist residence of up to approximately 4,015 sq ft, featuring 3 beds, 3.5 baths, a lap pool and spa, separate living and family rooms, and formal dining, designed to maximize the coastal views. Utilities include an installed water meter and a nearby fire hydrant located approximately 43 ft from the property line. Located within the Las Virgenes Municipal Water District, the property also offers the potential for private gate access via Rambla Pacifico, providing a more direct route to PCH, about 5 minutes away. A compelling opportunity to create a custom Malibu residence with views, infrastructure, and key approvals already in place.
Listing agent: Jaydn Meier DRE #02126076 jaydn.meier@sothebys.realty, Listing office: Sotheby's International Realty
MLS data updated 10/24/2026, 4:17:46 PM PT
Source: CRMLS, MLS #: 26783107
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 20, 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
$599,000Asking price recorded · May 20, 2026ZIP 90265 · May 2026
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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.
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