$1,690,000

Spectacular Santa Monica Bay views abound from this exceptional 0.38-acre parcel offering panoramic vistas of Palos Verdes, Queen's Necklace, Catalina and beyond. Perched in the highly sought-after upper section of Big Rock, this recent Palisades Fire burnout lot offers a rare opportunity to rebuild your dream coastal retreat that previously featured a 1,987 sq ft residence and a detached 500 sq ft garage (which was converted to an office/den). With the potential to take advantage of expedited fire rebuild process and additional 10% square footage when building like-for-like, incredible possibilities abound. Full Army Corps of Engineers Phase 1 and Phase 2 debris removal has been completed and signed off, clearing the path for development. Idyllically located in one of Malibu's most coveted neighborhoods, this special parcel is just minutes to Santa Monica and central Malibu alike, in addition to coveted hiking trails and beaches. This beautiful spot is not to be missed.