$1,699,000
RARE SUNSET MESA DEVELOPMENT OPPORTUNITY SHOVEL-READY READY TO ISSUE (RTI) OCEAN-VIEW LOT. Set within one of Southern California's most coveted coastal enclaves, this expansive 8,405-square-foot lot is offered with Ready-to-Issue permits for a premium architectural residence designed to capture expansive ocean views, abundant natural light, and the effortless indoor-outdoor living for which the Malibu coast is renowned.Plans are HOA Architectural Committee approved and permits are ready to be pulled from Los Angeles County; this exceptional offering allows a buyer to move beyond the lengthy planning process and begin bringing an extraordinary custom home to life. The previous property was approximately 2,564-square-foot residence with expansive ocean views and swimming pool. Buyers may also have the opportunity to pursue an additional 10% increase in permitted square footage through the expedited rebuilding process, subject to applicable County requirements, buyer verification, and all necessary approvals.Located just above the Getty Villa, Sunset Mesa is a premier coastal neighborhood distinguished by underground utilities, broad sidewalks, wide streets, protected view corridors, and spectacular Southern California sunsets. The setting offers convenient access to Malibu's legendary coastline and beaches, acclaimed dining and shopping, Palisades Village, Santa Monica, and the greater Westside, along with highly regarded local schools.An EPA Phase I Environmental Site Assessment has been completed, together with Phase II work through the U.S. Army Corps of Engineers. HOA dues are approximately $200 annually, with a $750 HOA transfer fee for the production of HOA documents.With its RTI status, premier architectural design, ocean-view orientation, and vision for open indoor-outdoor living, this property represents a rare opportunity for an owner, luxury builder, or developer to create a sophisticated coastal residence in one of Los Angeles' most sought-after communities now. Bring the vision to life and start building the Sunset Mesa masterpiece you have been waiting for.
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