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A rare shovel-ready opportunity in Malibu Park with active permits for an approximately 3,771 sq ft 4-bedroom, 4-bath modern residence on nearly one acre with sweeping ocean views, expansive terraces, and a dramatic infinity-edge pool. The permits are currently active for grading, foundations and site walls. The plans showcase a refined contemporary design centered around a light-filled main-level great room, where the kitchen, dining, and living areas extend to a generous ocean-view deck overlooking the Pacific. The infinity-edge pool and spa serve as a striking focal point for entertaining and everyday relaxation, complemented by a BBQ area, fire pit lounge, and landscaped side gardens with grassy lawns. Upstairs, the beautifully positioned primary suite is oriented toward the ocean and features a spacious bath and large ocean-view deck. A family room and additional en-suite bedroom complete the upper level, while two secondary bedrooms and baths are located on the main floor. Thoughtfully placed windows frame the vistas while maintaining privacy, and 9-10 ft ceilings enhance the sense of light and scale throughout. The fully gated property includes a motor court and attached two-car garage. Located at the end of a cul-de-sac on Little Busch Drive - a private drive just off Busch Drive - the setting offers quiet seclusion while remaining only minutes from Zuma Beach, Pacific Coast Highway, shopping, and scenic trails. This is an exceptional opportunity to bypass months of planning and begin building a coastal retreat right away in one of Malibu's most desirable neighborhoods. Adjacent lot at 5942 Busch Drive (APN: 4467-028-031) also for sale.
Listing agent: Russell Grether DRE #01836632 grethergroup@compass.com, Listing office: Compass
MLS data updated 10/23/2026, 1:23:33 PM PT
Source: CRMLS, MLS #: 26658417
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 8, 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
$1,895,000Asking price recorded · Oct 8, 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.