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20706 Rockpoint Way, Malibu, CA 90265

List Price: $2,995,000On Market FlagOn market
Apr 1, 20251,988 sqft3 beds0 baths
Listed by: Elizabeth Donovan
License #: 01930016
Phone #: 213-948-7983
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: 25518225

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

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$/sqftValuation
HouseCanary$2055/sqft$4,086,100

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

SUBJECT
20706 Rockpoint Way, Malibu, CA 90265

20706 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

COMPARABLE
Choose comps
20842 Pacific Coast Hwy, Malibu, CA 90265

20842 Pacific Coast Hwy, Malibu, CA 90265

Sale: $2,495,000

7/8/20250.35 mi

Area:1,824 sqft
Price/sqft:$1,368
Beds:4
Baths:
Year Built:
Weight:100.0%

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