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Near the top of Saddle Peak Mountain, along a private gated road in the heart of Malibu, sit 2.5 acres of elevated open land with sweeping 180-degree views of the ocean, mountains, and coastline stretching as far as the eye can see.This is a canvas for the home you have always imagined, whether that means your own architect and your own vision, or a head start on a design that is already approved. For buyers who want to break ground sooner, permitted plans by acclaimed Malibu architect Luis Tena, AIA (Luis Tena Design) are available for an additional cost, with current permits that transfer to the buyer. Tena's context-driven design responds to the site's natural beauty with clean lines, warm materials, and walls of glass that frame the views. The approved plans include a 3,242 square foot main residence with 3 bedrooms and 3.5 bathrooms. They also include a future detached 700 square foot recreation room with its own bath and kitchenette, which could be built after the main house, and an infinity pool that appears to spill directly into the Pacific horizon. It is the kind of setting where the canyon falls away below you and the nearest neighbor feels like another world entirely. The hard work is done. With the plans, all that remains is the build. Fifteen minutes to Pacific Coast Highway. Twenty minutes to Nobu and Soho House. Twenty-five minutes to Cross Creek. And when you return, private, elevated, and completely your own. Offered as land only. Architectural plans and transferable permits are available separately for an additional cost. Renderings are intended to express the design concept only.
Listing agent: Jessica Lonergan DRE #02192575 jessica.lonergan@sothebys.realty, Listing office: Sotheby's International Realty
MLS data updated 10/22/2026, 2:00:17 AM PT
Source: CRMLS, MLS #: 26102181
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 14, 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
$900,000Original asking price · Oct 14, 2026ZIP 90265 · Oct 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.