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Land recently appraised at $750,000. All permits renewed and active as of February 2026. Seller prepared to donate the land to the state if not sold by building permit expiration dates (8/25/2026). Bring us your best offer for a fully permitted fire rebuild .65 acre lot in Malibu with unobstructed ocean views. All permits (including Regional Planning, Fire Department, Department of Public Health and Building & Safety approvals) are paid and issued for a 1,910 SF house with a 929 SF garage & wine cellar, ready to start building now! Savings with over $200k in current reports including: geology/soil reports, permit for new septic system, fire department approved plans for access, and one of a kind architectural plans for a stunning modern contemporary 3 bedroom home designed by Luis Tena Design. This is a very special property located in the desirable and charming Latigo Canyon, situated at the very end of Escondido Drive and perched up on the hillside with preferred elevation to neighboring lots and with ocean views that cannot be obstructed. This lot offers peace, privacy, and tranquility being the second to last home on the road and with the sounds of a nearby creek. Less than a mile to Escondido Falls, 3 miles to PCH/the ocean, 7 miles to the famous surfing spot at Point Dume, and approximately 10 miles to the Malibu Country Mart with shopping/restaurants, Surfrider Beach, and the world-renowned Sushi restaurant Nobu. The property is surrounded with mature Oak and Palm Trees. The driveway, once reconstructed, offers up to 6 car parking with surrounding land. The long and narrow flattened land above retaining wall with grape vines was previously a yard with a garden/dog run. Property includes parcels: APN 4461-020-003 and APN 4461-020-002. Owner financing possible. Drawings and specifications are intended to express the design concept only and cannot be used for construction purposes without appropriate review by Luis Tena Design.
Listing agent: Noelle Richards DRE #02017584 noelle@stroykeproperties.com, Listing office: Bayside Real Estate
MLS data updated 10/30/2026, 2:49:20 PM PT
Source: CRMLS, MLS #: 26653049
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 17, 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
$600,000Closed sale · Apr 17, 2026ZIP 90265 · Apr 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.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.