Exclusive opportunity to construct a one-of-a-kind home in a highly coveted Malibu neighborhood. Enjoy panoramic views of the Pacific Ocean and the Santa Monica mountains from one of Eastern Malibu's most scenic streets. Located moments from the heart of Malibu but conveniently close to the city of Los Angeles, the 1.26 acre lot is ideal for an end-user wishing to build their dream home, or a developer looking to capitalize on architectural plans for the construction of a 4,438 square-foot contemporary estate. Plans detail a 3 bedroom, 4.5 bathroom, open floor plan residence. The main level features a 3 car garage, expansive primary suite, en-suite bedroom, kitchen, living room, and formal dining room. Downstairs, an en-suite bedroom, spa equipped with a steam and dry sauna, in addition to a family room that opens up to expose an outdoor entertainment area and pool overlooking an unobstructed seascape.