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5909 Philip Ave, Malibu, CA 90265

List Price: $6,995,000On Market FlagOn market
May 29, 20254,023 sqft3 beds0 baths
Listed by: Christopher Cortazzo
License #: 01190363
Phone #: 310-457-3995
Compass
Source:
CRMLS Logo
MLS #: 25545373

Property Description

**Permits Approved Ready to Build Immediately** Seize a rare opportunity to create your dream estate on over 2 private acres in one of Malibu's most coveted locations. Ideally situated just above Morning View Drive and moments from the beach, this premier property offers more than an acre of flat, fully graded land with sweeping 180-degree ocean views.With city permits and thoughtfully designed architectural plans already approved, construction can begin immediately. The envisioned residence features a majority of its living space on the main level, including a grand primary suite, three additional ensuite bedrooms, a formal entry, an expansive great room, a spacious family room, and an open-concept kitchen with a dedicated dining area.The lower level is designed for elevated entertaining, complete with a state-of-the-art screening room and an elegant bar/lounge. A private guest suite with its own balcony occupies the upper level, offering a secluded retreat.Enhancing the estate's appeal is a full-size tennis court in excellent condition an increasingly rare amenity in Malibu. This is an extraordinary chance to build a custom coastal compound with panoramic views and luxury lifestyle potential, all in a prime location.
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

$68,976

TurboHome Estimated Value

$5,796,700

$1,441 sqft

High Valuation
$6,086,535
$1513/sqft
Normal Valuation
$5,796,700
$1441/sqft
Low Valuation
$5,506,865
$1369/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1441/sqft$5,796,700

Location

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