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RARE SUNSET MESA DEVELOPMENT OPPORTUNITY SHOVEL-READY READY TO ISSUE (RTI) OCEAN-VIEW LOT. Set within one of Southern California's most coveted coastal enclaves, this expansive 8,405-square-foot lot is offered with Ready-to-Issue permits for a premium architectural residence designed to capture expansive ocean views, abundant natural light, and the effortless indoor-outdoor living for which the Malibu coast is renowned.Plans are HOA Architectural Committee approved and permits are ready to be pulled from Los Angeles County; this exceptional offering allows a buyer to move beyond the lengthy planning process and begin bringing an extraordinary custom home to life. The previous property was approximately 2,564-square-foot residence with expansive ocean views and swimming pool. Buyers may also have the opportunity to pursue an additional 10% increase in permitted square footage through the expedited rebuilding process, subject to applicable County requirements, buyer verification, and all necessary approvals.Located just above the Getty Villa, Sunset Mesa is a premier coastal neighborhood distinguished by underground utilities, broad sidewalks, wide streets, protected view corridors, and spectacular Southern California sunsets. The setting offers convenient access to Malibu's legendary coastline and beaches, acclaimed dining and shopping, Palisades Village, Santa Monica, and the greater Westside, along with highly regarded local schools.An EPA Phase I Environmental Site Assessment has been completed, together with Phase II work through the U.S. Army Corps of Engineers. HOA dues are approximately $200 annually, with a $750 HOA transfer fee for the production of HOA documents.With its RTI status, premier architectural design, ocean-view orientation, and vision for open indoor-outdoor living, this property represents a rare opportunity for an owner, luxury builder, or developer to create a sophisticated coastal residence in one of Los Angeles' most sought-after communities now. Bring the vision to life and start building the Sunset Mesa masterpiece you have been waiting for.
Listing agent: Marco Rufo DRE #01362095 info@marcorufo.com, Listing office: The Agency
MLS data updated 10/24/2026, 4:01:08 PM PT
Source: CRMLS, MLS #: 26953029
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 2, 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
$1,699,000Original asking price · Sep 2, 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.