
Malibu, California 90265
This property presents a High-Potential Investment Opportunity with a List Price of $5,500,000—positioned well below the $5,619,674 Fair Market Value by 2%. This valuation gap offers $119,674 in Instant Equity for buyers. Featuring a Condition Rating of 4, the existing 1993 structure serves as a blank slate for the proposed "Malibu Rose" architectural estate. With Panoramic Ocean Views and Private Beach Access, this is an ideal acquisition for Luxury Developers or High-Net-Worth Owner-Occupants seeking a premier coastal compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6405 Sycamore Meadows Drive Subject | $5,500,000* List Price | 4 | 4 | 3,110 | $1,768 | - |
A 6320 Via Cataldo Street Active | $5,945,000 List Price | 4 | 5 | 3,765 | $1,579 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993, the existing structure is 31 years old and features a dated kitchen with basic cabinetry and finishes. While the listing suggests it is livable, the property is primarily marketed as a 'blank slate' development opportunity with plans for a total rebuild, indicating that the current systems and aesthetics are nearing the end of their modern utility.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24090, living area = 3110.
The property boasts sweeping panoramic views of the Pacific Ocean and Catalina Island, complemented by rare private access to Escondido Beach.
Offers a unique 'blank slate' opportunity with the option to acquire full plans and permits for 'The Malibu Rose,' a 4,428 sqft architectural estate designed by Apel Design Group.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Realizing the property's full potential requires a substantial additional investment in construction and the $700,000 premium for finalized plans and permits.
The current residence, built in 1993, may require significant modernization or renovation to meet the luxury standards expected at this price point if the buyer chooses not to rebuild.
Unique Opportunity to purchase with or without plans: Perched above Pacific Coast Highway with sweeping ocean views and private access to Escondido Beach, 6405 Sycamore Meadow Drive presents a rare opportunity to secure one of Malibu's most compelling coastal development offerings from the acclaimed Apel Design Group. Purchase as is for $5.5M and enjoy a blank slate for a future project or simply enjoy the existing home. Or alternatively, acquire the property with full plans and permits currently in process for $6.2M.Set on approximately 0.55 acres; the property currently features an existing 4-bedroom, 4-bathroom residence of approximately 3,110 square feet. The plans for "The Malibu Rose" - an architecturally striking coastal estate inspired by the elegance, resilience, and natural geometry of its namesake. Designed to embrace ocean views, sunlight, and seamless indoor-outdoor living, The Malibu Rose encompasses approximately 4,428 square feet of living space, complemented by a 617-square-foot garage and a spectacular 602-square-foot rooftop deck. The design includes four bedrooms, six bathrooms, a library, full bar, expansive chef's kitchen, enclosed courtyards, covered patios, pool and spa pads, and a private driveway, all thoughtfully arranged to create a refined coastal retreat. Develop or Move-in Now. For those seeking an even greater opportunity, the adjacent parcel at 6411 Sycamore Meadow Drive is also available, offering the potential to create a truly exceptional Malibu compound.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.3 |
| Baths | 4.0 | 3.7 |
| Square foot | 3,110 | 2,959.4 |
| Lot Size | 24,090 | 37,912.886 |
| Price | $5.50M | $4.17M |
| Price per sq ft | $1.8K | $1.3K |
| Built year | 1993 | 1977 |
| HOA | $0 | $1.3K |
| Days on market | 82 | 102 |
Jul 25, 2026
$5,500,000
$6,200,000
-11% Price Drop
Initial Listing
Jun 19, 2026
$6,200,000
Initial Listing
Mar 7, 2024
$4,500,000
Public Record