Once home to the historic Malibu Lodge, this extraordinary ocean-view site was the location of a beautiful home and guest cottage lost in the Palisades Fire. Offering a rare opportunity to create something truly special in one of Malibu's coveted coastal enclaves, this land is rich with history and surrounded by natural beauty - evoking the romance of old Malibu while presenting a blank canvas for its next chapter. The property is accessed through Pena Road - one of those Malibu addresses that locals know and outsiders rarely discover. Situated between Tuna Canyon and Big Rock, the approximately 3.86-acre property is one of only three residences on this road, creating a setting that feels remarkably secluded while remaining just 7 minutes from Santa Monica. There are no visible neighbors, only sweeping ocean views and the soothing sound of waves breaking along the shoreline below. Surrounded by the pristine Santa Monica Mountains and located across from Las Tunas Beach, this is a rare opportunity to own a piece of Malibu's history and shape its future. Existing infrastructure includes water and electricity already in the ground, along with septic tanks serving the former residences. A Geo and Survey Report are also available, providing valuable resources for future planning and development. In addition to the rebuild rights, there may be potential for up to 4 detached ADUs (one for each structure that was there), resulting in a total of up to 8 units on the property. Few properties embody the essence of old Malibu quite like this, where panoramic white-water views are paired with the convenience of being just moments from the city.
20541 Roca Chica Drive: Sold $1,280,000 · Jul 2026 · 1.2 mi Westside Estate Agency Inc. | DRE #02141673 Buyer's agent: JAMES DUONG, LANDMARK LENDING REALTY | DRE #01079764
18449 Kingsport: Sold $1,425,000 · Sep 2026 · 1.2 mi Pinnacle Real Estate Group | DRE #02116709 Buyer's agent: Max Chernov, The Beverly Hills Estates | DRE #02185362
3735 Malibu Vista Drive: Sold $1,245,000 · Jul 2026 · 1.2 mi Compass | DRE #02039912 Buyer's agent: Eric Bidkhanian, First Class Realty | DRE #01247189
3653 Malibu Vista Drive: Sold $1,250,000 · Aug 2026 · 1.3 mi The Hollywood Realty | DRE #01887296 Buyer's agent: Araceli Leva, NextHome Milestone | DRE #01928476
18429 Pacific Coast Highway: Sold $80,000 · Aug 2026 · 1.3 mi Berkshire Hathaway HomeServices California Properties | DRE #01238708 Buyer's agent: Endre Barath, Berkshire Hathaway HomeServices California Properties | DRE #01238708
20460 Pacific Coast 2: Sold $540,000 · 3 bd · 3 ba · 1,750 sqft · Aug 2026 · 1.3 mi Pacaso Inc. | DRE #01994068 Buyer's agent: Maxx Rifkin, Pacaso Inc. | DRE #01994068
18247 Wakecrest Drive: Sold $2,400,000 · 3 bd · 3 ba · 2,112 sqft · Aug 2026 · 1.4 mi Compass | DRE #02039912 Buyer's agent: Britney Smits, Pinnacle Estate Properties | DRE #01934992