MAJOR PRICE REDUCTION! DEVELOPMENT OPPORTUNITY! Approx. 2.51 acres in one of Malibu's premier locations. APPROVED PLANS and PERMITS, READY TO START CONSTRUCTION IMMEDIATELY for approx 15,000 sf home with infinity pool. NO COASTAL COMMISSION APPROVAL REQUIRED, this is a fire rebuild. This parcel once housed the famous Malibu landmark, "Castle Kashan." It is situated on a private knoll adjacent to Serra Retreat showcasing one of California's most spectacular 360 degree ocean and canyon views, including Surfrider Beach and Catalina Island. This parcel features a long private gated driveway and ultimate privacy to build on one of the few lots left of this caliber in Malibu. Architectural plans and renderings available. Motivated Seller!