Property Description
Prime Rebuild Opportunity with Sweeping Ocean & Mountain Views. A rare chance to build your custom coastal retreat in the sought-after Sunset Mesa community just moments from Malibu, Pacific Palisades, and the iconic California coastline. With panoramic ocean and mountain views, this 7,489-square-foot lot offers a truly inspiring setting to create your dream home in one of Los Angeles' most desirable neighborhoods. Previously home to a 1,900-square-foot single-story residence, the lot is ideally suited for a brand-new custom build, taking full advantage of its elevated position and tranquil surroundings. Priced at just $192 per land foot, it presents outstanding value in an area that continues to see increasing demand and revitalization. Phase 2 Debris Removal has already been completed, allowing for a smoother and faster path to redevelopment. Whether you're a builder, homeowner, or investor, this is a rare opportunity to participate in the rebirth of a treasured coastal enclave just minutes from beaches, hiking trails, the Getty Villa, and the best of Malibu and the Palisades. Don't miss this incredible view property in an unbeatable location.
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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$59,307
TurboHome Estimated Value
$2,696,900
$1,411 sqft
High Valuation
$2,831,745
$1481/sqft
Normal Valuation
$2,696,900
$1411/sqft
Low Valuation
$2,562,055
$1340/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $1411/sqft | $2,696,900 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
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Comparative Value
$1.44M
$1.65M
$2.13M
3503 Shoreheights Dr, Malibu, CA 90265
List Price: $1,440,000
Subject Property
654 Jacon Way, Pacific Palisades, CA 90272
Sale Price: $1,650,000
Selected Comparable
17757 Tramonto Dr, Pacific Palisades, CA 90272
Sale Price: $2,125,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT3503 Shoreheights Dr, Malibu, CA 90265
List: $1,440,000
Listed: 3/29/2025
Area:1,912 sqft
Price/sqft:$753
Beds:3
Baths:—
Year Built:—
Lot Size:7,487
Comparable Properties
COMPARABLEChoose comps
17757 Tramonto Dr, Pacific Palisades, CA 90272
Sale: $2,125,000
7/3/2025 • 0.71 mi
Area:1,802 sqft
Price/sqft:$1,179
Beds:3
Baths:—
Year Built:—
Weight:56.7%
654 Jacon Way, Pacific Palisades, CA 90272
Sale: $1,650,000
3/27/2025 • 1.48 mi
Area:1,878 sqft
Price/sqft:$879
Beds:2
Baths:—
Year Built:—
Weight:43.3%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
3503 Shoreheights Dr, Malibu, CA 90265 | $1,440,000 | 1,912 | $753 | 7,487 | — | 3/29/2025 | 3 | — | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
17757 Tramonto Dr, Pacific Palisades, CA 90272 | $2,125,000 | 1,802 | $1,179 | 6,479 | 0.71 mi | 7/3/2025 | 3 | — | — | 56.7% | |
654 Jacon Way, Pacific Palisades, CA 90272 | $1,650,000 | 1,878 | $879 | 8,127 | 1.48 mi | 3/27/2025 | 2 | — | — | 43.3% |
Nearby Listings
31 similar properties within 5 miles

List Price: $1,175,000
3702 Oceanhill Way, Malibu, CA 90265
4 bd 2,061 sqft
TurboHome Est. Value:
$3,068,900

List Price: $1,195,000
3808 Castlerock Rd, Malibu, CA 90265
3 bd 2,333 sqft
TurboHome Est. Value:
$2,829,700

List Price: $1,495,000
18348 Clifftop Way, Malibu, CA 90265
4 bd 2,061 sqft
TurboHome Est. Value:
$2,142,700
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