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Use these coordinates to locate the property (34.0477119, -118.7721332) Rare opportunity to create a Malibu retreat on a downslope ocean-view lot in an established neighborhood approximately 3 miles from PCH. The property is situated on a paved street with neighboring homes and previously had a Coastal Development Permit for a proposed 1,979 sq. ft. residence plus approximately 1,282 sq. ft. of decks and balconies. Supporting documentation on file includes a Water Department Will Serve letter, Fire Department approval, signed Health Department approval of the septic system, a Notice of Extension Request for the CDP, and a Notice of Intent to Issue CDP. The prior CDP has expired, and any future development will be subject to current regulations and agency approvals. Newer height restrictions may affect the allowable square footage and overall design of a future residence. Buyer to conduct independent due diligence regarding development potential, permits, approvals, and applicable restrictions.
Listing agent: Chris Frost DRE #00499287 cfrost@malibuonline.com, Listing office: Sotheby's International Realty
MLS data updated 10/24/2026, 9:04:26 PM PT
Source: CRMLS, MLS #: 26992819
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 30, 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
$275,000Original asking price · Sep 30, 2026ZIP 90265 · Sep 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.