Use these coordinates to locate the property (34.0477119, -118.7721332) Rare opportunity to create a Malibu retreat on a downslope ocean-view lot in an established neighborhood approximately 3 miles from PCH. The property is situated on a paved street with neighboring homes and previously had a Coastal Development Permit for a proposed 1,979 sq. ft. residence plus approximately 1,282 sq. ft. of decks and balconies. Supporting documentation on file includes a Water Department Will Serve letter, Fire Department approval, signed Health Department approval of the septic system, a Notice of Extension Request for the CDP, and a Notice of Intent to Issue CDP. The prior CDP has expired, and any future development will be subject to current regulations and agency approvals. Newer height restrictions may affect the allowable square footage and overall design of a future residence. Buyer to conduct independent due diligence regarding development potential, permits, approvals, and applicable restrictions.
26616 Ocean View Drive: Sold $1,320,000 · 2 bd · 2 ba · 830 sqft · Aug 2026 · 0.1 mi JCI Real Estate, Inc. | DRE #01824779 Buyer's agent: Tony Mark, Compass | DRE #01205648
27008 Old Chimney Road: Sold $3,000,000 · 4 bd · 3 ba · 2,577 sqft · Aug 2026 · 0.4 mi Compass | DRE #01413280 Buyer's agent: Helene Reinman, Keller Williams Westlake Village | DRE #01333964
27136 Sea Vista: Sold $2,300,000 · Aug 2026 · 1.6 mi The Beverly Hills Estates | DRE #01774287 Buyer's agent: Branden Williams, The Beverly Hills Estates | DRE #01774287
26664 Seagull Way B210: Sold $661,000 · 1 bd · 1 ba · 696 sqft · Aug 2026 · 1.6 mi RE/MAX Gold Coast-Beach Marina Office | DRE #01735268 Buyer's agent: Shauna Faught, RE/MAX Gold Coast-Beach Marina Office | DRE #01735268
27832 Pacific Coast Highway: Sold $55,000,000 · 6 bd · 8 ba · 8,775 sqft · Jul 2026 · 1.7 mi Westside Estate Agency Inc. | DRE #01036061 Buyer's agent: Michael Fahimian, The Beverly Hills Estates | DRE #02028482
2955 Corral Canyon Road: Sold $1,200,000 · 3 bd · 2 ba · 1,836 sqft · Aug 2026 · 1.9 mi Christie's International Real Estate SoCal | DRE #01776131 Buyer's agent: Simon Mashian, Christie's International Real Estate SoCal | DRE #01776131