An exceptional opportunity to build your ocean-view Malibu dream home in a premier coastal setting. This expansive 1.17-acre property features a rare flat building pad and showcases sweeping views of the Pacific Ocean, Catalina Island, and the iconic Queen's Necklace.The lot previously housed a magnificent 4,357 sq ft two-story residence designed by architect Doug Rucker, providing valuable precedent for future development. With the ability to rebuild the prior footprint plus up to an additional 10%, the property offers flexibility to create a custom coastal retreat thoughtfully tailored to your vision. U.S. Army Corps of Engineers Phase 1 and Phase 2 clearances have been completed, further streamlining the development process.Perfectly positioned just minutes from Nobu Malibu, Soho House's ultra-private Little Beach House, and the upscale boutiques and restaurants of Malibu Country Mart, this address delivers effortless access to Malibu's most coveted lifestyle destinations. Enjoy proximity to private sands while remaining moments from the area's most iconic hotspots.Whether you envision a timeless legacy estate or a bespoke modern masterpiece, this prestigious setting combines privacy, convenience, and breathtaking coastal beauty  an extraordinary opportunity to create a true legacy property in one of Malibu's most sought-after enclaves.