Build your new custom home on this 22,911 sq ft lot or live in the existing very nice Mid-Century home with 3 bedrooms + den/studio/4th bedroom, 2 baths, 2448 sq ft (per architect). All living space and garage are on entry level. Living room, family room, and all bedrooms have big ocean and sunset views. Tall open beam ceilings, and an abundance of natural light give this home a bright, warm, and comfortable feel. The living room and family room each have a fireplace. Laundry room is large and there is tons of storage space throughout the home. The unfinished recreation room downstairs has a third fireplace and double doors leading to the backyard. This room adds an additional 780 sq ft for an approximate total of 3,318 sq ft of usable space. There is also a patio in backyard, and an outdoor shower for those trips to the surf and beach. This home is perfect for someone who wants ocean views and all living space on one level. It has a huge yard, space for a pool, outdoor entertainment center etc. THE LOT is over half an acre on Paseo del Mar, situated in coveted lower Malaga Cove area above legendary "Bluff Cove". It's a quick 3-minute walk to the trailhead leading to the "Cove" and beach for surfing, diving, walking, etc. This lot and upscale neighborhood make a perfect location for a new custom estate with expansive views of ocean, sunsets, Malibu, and some "Queens Necklace". Information deemed accurate, buyer to verify.