An exceptional opportunity in highly sought-after Bonsall Canyon. Offered for the first time in more than 30 years, this special gated property encompasses nearly two acres of privacy and natural beauty in one of Malibu's most desirable canyon communities. Ideally located near Zuma Beach, Malibu schools, and State Park lands offering scenic hiking and horseback riding trails. The approximately 2,000-square-foot residence features three bedrooms and two baths and is in comfortable, livable condition, ready to enjoy immediately while providing an exceptional canvas for future updates or the creation of a truly custom Malibu retreat. The expansive grounds offer a rare sense of space and seclusion, complemented by an inviting pool and outdoor entertaining area. Whether relaxing poolside, entertaining guests, or simply enjoying the tranquility of the canyon, the property captures the quintessential Malibu lifestyle. Adding to its extraordinary potential, the property includes expired plans and permits by renowned designer Vitus Matare for an impressive new estate, offering a compelling vision for those looking to create something exceptional. Whether envisioned as a private getaway, full-time residence, or extraordinary estate project, this long-held Bonsall Canyon property presents a rare opportunity to own nearly two acres in one of Malibu's most coveted locations.