**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.
Lot/land
Price cut: $1M (5/29)
$6,995,000
5909 Philip Ave, Malibu, CA 90265
--beds
--baths
2.27Acres
Unimproved Land
Built in ----
2.27 Acres Lot
$5,367,000 Zestimate®
$--/sqft
$-- HOA
What's special
Panoramic viewsFully graded landExpansive great room
- 80 days
- on Zillow |
- 185 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: June 05, 2025 at 05:06pm
Listed by:
Christopher Cortazzo DRE # 01190363 310-579-5887,
Compass 310-230-5744,
Ronald Barron DRE # 00457024,
Barron Group Westlake
Source: CLAW,MLS#: 25545373

Travel times
Facts & features
Property
Features
- Fencing: Gate,Fenced Yard
- Has view: Yes
- View description: Coastline, Panoramic, Ocean, Mountain(s)
- Has water view: Yes
- Water view: Coastline,Ocean
Lot
- Size: 2.27 Acres
Details
- Parcel number: 4469003022
- Zoning: LCA101
- Special conditions: Standard
Community & HOA
Location
- Region: Malibu
Financial & listing details
- Tax assessed value: $3,632,743
- Annual tax amount: $42,996
- Date on market: 5/29/2025
- Road surface type: Paved
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