Fully entitled, permitted, and under construction with site-work and infrastructure being completed now. The price is for the property in its current state of development. Private, pristine, and spectacular, this 40-plus acre Malibu property is truly one of a kind. A promontory site with protected ocean, mountain, and canyon views, plus rock formations, waterfall, wildlife, flowers, and trees, this is the perfect setting for this dream estate. The property has been meticulously designed by celebrity architectDoug Burdge inclusive of a seven-bedroom, ten-bath, 11,000square foot residence with enormous open interiors, 20-foot ceilings, two kitchens, huge fitness center, movie theater, office, and much more, plus a two-bedroom, two-bath elevator-access guest house with a large living area. The design also includes7,000 square feet of decking, multiple outdoor fireplaces and view decks, an outdoor kitchen with a full bar, and a four-car showcase garage and dramatic motor court with ample guest parking. The site sits at the end of an almost mile-long driveway with a bespoke 85′ steel and concrete bridge which free spans a seasonal waterway. Prominently perched1300 feet above the magnificent Pacific Ocean, this irreplaceable property is surrounded by rare conservation grounds and adjacent to expansive parkland for hiking, biking, and horseback riding. The outdoor living space features a stunning pool with an over-canyon design in this dream-come-true landscape for a breathtaking ocean-view residential sanctuary. The property is being offered with all digital files, renderings, architectural designs, construction documents, entitlements, reports, etc. for the purchaser to complete. Be the beneficiary of 7+ years of entitlement work on one of the last large private buildable estate sites in Malibu.**Includes APN# 700-0-010-605 – Lot Area: 1,630,784 or 37.44 Acres and APN# 700-0-010-595 – Lot Area: 126,363 or 2.9 Acres. The main house will have seven bedrooms and ten baths, the guesthouse will have two bedrooms and two baths.**