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RARE SUNSET MESA DEVELOPMENT OPPORTUNITY *SHOVEL-READY * RTI OCEAN-VIEW LOT | SEAHORN DRIVE Set within Malibu's coveted Sunset Mesa, 3718 Seahorn Drive presents a rare opportunity to create a sophisticated private home in one of Southern California's most iconic coastal settings. Sunset Mesa is a premier ocean-view neighborhood, distinguished by underground utilities, broad sidewalks and extra-wide streets. An exceptional residential environment just minutes from the Pacific Palisades, Santa Monica, Brentwood and the Pacific Ocean. This oversized 8,315-square-foot lot is sold complete with fully approved plans for a new home - a striking architectural 4BR 4-1/2BA residence designed to capture expansive ocean views, abundant natural light and the effortless indoor-outdoor living for which Malibu is renowned. A gorgeous newly installed pool already exists. The location is equally exceptional. Just minutes from Malibu's legendary coastline, world-class surf breaks and iconic coastal destinations, the property offers convenient access to acclaimed dining and shopping, as well as approximately 10 minutes to Palisades Village. Santa Monica and the greater Westside are also readily accessible. The property is located within the Santa Monica-Malibu Unified School District. With the potential to meaningfully streamline the development process, this offering represents an exceptional opportunity for an owner, luxury builder or developer seeking to create a highly custom home.
Listing agent: Regina Vannicola DRE #01389034 info@reginavannicola.com, Listing office: Compass
MLS data updated 10/25/2026, 5:09:19 PM PT
Source: CRMLS, MLS #: 26876271
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 28, 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
$1,895,000Original asking price · Aug 28, 2026ZIP 90265 · Aug 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.