Property Description
An extraordinary double-lot ocean view development opportunity in Malibu's coveted Big Rock neighborhood, offering rare, fast-track advantages under Executive Order N-4-25. Lot has been cleared by US Army Corps of Engineers and Phase 1 has been completed. Encompassing 1.2 acres across two contiguous parcels, this remarkable site is anchored by a substantial flat expanse that unfolds to capture panoramic 180+ degree views stretching from sunrise to sunset. Renderings and plans are available for the extensively remodeled midcentury modern 2,700-square-foot residence (completion was scheduled for January 2025). The property qualifies for accelerated permitting, including CEQA exemptions and streamlined Coastal Development review, with entitlements for up to 110% of the original footprint and heightan opportunity to rebuild with scale and efficiency that is rarely found in Malibu. Privately set on a quiet, no-through street, the property offers an extraordinary sense of seclusion, framed by uninterrupted vistas of the Pacific Ocean, scenic coastline, and surrounding mountains. The generous building envelope invites visionary design, while the surrounding natural beauty anchors the site in the timeless tranquility that defines Big Rock.
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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
$77,658
TurboHome Estimated Value
$4,086,100
$2,055 sqft
High Valuation
$4,290,405
$2158/sqft
Normal Valuation
$4,086,100
$2055/sqft
Low Valuation
$3,881,795
$1953/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $2055/sqft | $4,086,100 |
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
$2.50M
$3.00M
20842 Pacific Coast Hwy, Malibu, CA 90265
Sale Price: $2,495,000
Selected Comparable
20706 Rockpoint Way, Malibu, CA 90265
List Price: $2,995,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT20706 Rockpoint Way, Malibu, CA 90265
List: $2,995,000
Listed: 4/1/2025
Area:1,988 sqft
Price/sqft:$1,507
Beds:3
Baths:—
Year Built:—
Lot Size:17,863
Comparable Properties
COMPARABLEChoose comps
20842 Pacific Coast Hwy, Malibu, CA 90265
Sale: $2,495,000
7/8/2025 • 0.35 mi
Area:1,824 sqft
Price/sqft:$1,368
Beds:4
Baths:—
Year Built:—
Weight:100.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
20706 Rockpoint Way, Malibu, CA 90265 | $2,995,000 | 1,988 | $1,507 | 17,863 | — | 4/1/2025 | 3 | — | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
20842 Pacific Coast Hwy, Malibu, CA 90265 | $2,495,000 | 1,824 | $1,368 | 4,381 | 0.35 mi | 7/8/2025 | 4 | — | — | 100.0% |
Nearby Listings
17 similar properties within 5 miles

List Price: $2,495,000
20608 Pacific Coast Hwy, Malibu, CA 90265
3 bd 2,036 sqft
TurboHome Est. Value:
$3,009,800

List Price: $2,999,950
20404 Little Rock Way, Malibu, CA 90265
4 bd 3,929 sqft
TurboHome Est. Value:
$7,606,800

List Price: $3,550,000
20866 Pacific Coast Hwy, Malibu, CA 90265
2 bd 1,628 sqft
TurboHome Est. Value:
$5,238,500
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