An incredible opportunity to create your own architectural masterpiece in the heart of Malibu's coveted lower Latigo Canyon. This exceptional property has a lot size of appx 6,260 SF and comes with active building permits and completed Phase 1 construction including the foundation, utilities, and partial framing allowing you to jump right into the build process. The approved plans feature a stunning two-story modern home of approximately 1,201 SF, designed to capture breathtaking ocean views from every room and complemented by an expansive rooftop deck perfect for soaking in the sweeping canyon and coastline vistas. The design also includes a 472 SF two-car garage for convenience and functionality. With water and septic systems already installed and power easily accessible from the street, much of the groundwork is complete offering a rare head start on your Malibu dream home. Ideally situated just minutes from Pacific Coast Highway, this property provides effortless access to world-class beaches, boutique shops, and acclaimed restaurants, while being surrounded by the serene beauty of Malibu's hiking and biking trails.