Introducing "Sensu" : A rare Malibu development opportunity with development plans from the minds of the renowned Apel Design Group, Sycamore Meadow Drive offers the chance to create a remarkable ocean-view estate just moments from Escondido Beach. Purchase as is for $1.9M and enjoy a completely blank slate for a future project. Or alternatively, acquire the property with full plans and permits currently in process for $2.9M.Situated on approximately 0.50 acres of usable land and elevated above Pacific Coast Highway, the property enjoys unobstructed ocean views and convenient private beach access via the nearby underpass connecting directly to Escondido Beach. The plans for "The Sensu" offer a thoughtfully designed contemporary coastal residence that blends sophisticated architecture with effortless indoor-outdoor living. The design features approximately 4,858 square feet of living space, an 883-square-foot garage, and an expansive 1,025-square-foot rooftop deck positioned to capture breathtaking coastline views. Planned amenities include five bedrooms, six bathrooms, a gym/study, full bar, chef's kitchen, enclosed courtyards, covered patios, pool and spa pads, laundry room, and private driveway. This offering presents an exceptional opportunity to bring a significant Malibu residence to life in one of the area's most desirable coastal settings. The adjacent property at 6405 Sycamore Meadow Drive is also available, creating a unique opportunity to acquire both parcels and establish a private multi-residence compound overlooking the Pacific.