Listed by Shen Schulz of Sotheby's International Realty
NEAR RTI (Ready to Issue) Permits are in process with City of Malibu: EXCEPTIONAL MALIBU PARK DEVELOPMENT OPPORTUNITY WITH CITY-APPROVED PLANS! An extraordinary opportunity to create a spectacular modern architectural estate in Malibu Park, one of Malibu's most desirable neighborhoods. Set on approximately one acre of mostly usable land with beautiful ocean views, this exceptional property includes City of Malibu-approved plans by renowned Malibu architect Steven Kent, with a Coastal Development Permit approved for 6,852 square feet of total development. Designed to embrace Malibu's coveted indoor-outdoor lifestyle, the proposed residence features four bedrooms, five bathrooms, a private home theater, dramatic floor-to-ceiling glass walls, and a stunning wraparound infinity pool and spa. Additional amenities include generous five-car garage parking, a separate 900-square-foot ADU with spacious living areas and a full kitchen, and a detached atelier ideal for a private office, creative studio, or yoga retreat. The property offers a rare combination of ocean views, architectural sophistication, and convenient access to Malibu's beautiful beaches, schools, shopping, and dining. THE REAL VALUE: TIME, CERTAINTY, AND OPPORTUNITY. With the Coastal Development Permit approved and plans nearing Ready-to-Issue (RTI) status, buyers have the exceptional opportunity to bypass much of Malibu's lengthy and complex entitlement process, potentially saving years of planning, expense, and uncertainty. A rare chance to bring an extraordinary Steven Kent architectural vision to life in one of Malibu's most sought-after coastal communities.

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Based on information submitted to CRMLS as of October 15, 2026 7:32 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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