An extraordinary opportunity awaits in Malibu's prestigious Point Dume enclave: over 1.2 acres of ocean and mountain view land, ready for you to create your own private estate. This rare flag-lot property offers a gated entrance, sweeping views of city lights and the iconic Queen's Necklace, and exclusive private beach access to the secluded cove and sands of Little Dume at Riviera II. The Seller has already completed the costly and time-consuming permitting process with the City of Malibu, allowing the Buyer to begin building immediately. Approved architectural plans by Alain Yotnegparian, AIA, showcase a stunning modern residence of approximately 5,500 square feet, featuring four bedrooms, four and a half bathrooms, and expansive indoor-outdoor living spaces that capture the essence of Malibu's coastal lifestyle. The sale includes all plans, studies, and reports, along with certified foundation and septic systems. This is a turnkey opportunity to build a luxurious retreat in one of Southern California's most sought-after neighborhoods, where tranquility, privacy, and natural beauty converge. Don't miss your chance to bring your dream estate to life in this exceptional location.
City Lights, Mountain(s), Ocean
Back Yard, Flag Lot, Horse Property, Flat
| Date | Details | Change |
|---|---|---|
| Price Reduced from $3,950,000 to $3,795,000 |
Marcus Beck, Sotheby's International Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of February 5th, 2026 at 8:25pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.