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Offered for the first time in over 60 years, this special property is rich with history, cherished memories, and an undeniable sense of place.....now ready for its next chapter. Located in the highly sought-after Marquez Knolls neighborhood, this exceptional lot presents a rare and compelling opportunity to build something truly extraordinary. Spanning an impressive 13,309 square feet, the property is among the larger parcels on the street, offering both space and flexibility for a custom-designed retreat. The lot features a desirable flat pad that gently rises to an upper portion. An ideal setting to design a home that maximizes privacy, dimension, and potential ocean views. A future second story may capture sweeping ocean vistas (buyer to verify), further enhancing the long-term value and appeal. Previously home to a 2,359-square-foot residence with 4 bedrooms and 2 baths, the property is now a blank canvas ready to be reimagined into a modern coastal retreat or architectural masterpiece. Phase 1 and Phase 2 debris removal have been completed by the Army Corps of Engineers, along with soil testing by CAP.LA providing an added layer of readiness for the next owner. Set within a peaceful, established neighborhood known for its tranquility and community feel, this location offers the best of coastal California living. Just moments from top-rated schools including Marquez Charter Elementary School and Palisades Charter High School, as well as the shops and dining of Palisades Village, scenic hiking trails, and world-class beaches. In a market filled with lot listings, this one stands apart offering size, setting, history, and vision in one of the Westside's most coveted enclaves.
Listing agent: Shelly Yrigoyen DRE #01739278 shelly@shellymalibu.com, Listing office: Sotheby's International Realty
MLS data updated 11/1/2026, 2:02:47 PM PT
Source: CRMLS, MLS #: 26676479
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 7, 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
$1,750,000Original asking price · Apr 7, 2026ZIP 90272 · 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.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.