An extraordinary opportunity awaits in Malibu's prestigious Point Dume enclave: over 1.2 acres of ocean and mountain view land, ready for you to create your own private estate. This rare flag-lot property offers a gated entrance, sweeping views of city lights and the iconic Queen's Necklace, and exclusive private beach access to the secluded cove and sands of Little Dume at Riviera II. The Seller has already completed the costly and time-consuming permitting process with the City of Malibu, allowing the Buyer to begin building immediately. Approved architectural plans by Alain Yotnegparian, AIA, showcase a stunning modern residence of approximately 5,500 square feet, featuring four bedrooms, four and a half bathrooms, and expansive indoor-outdoor living spaces that capture the essence of Malibu's coastal lifestyle. The sale includes all plans, studies, and reports, along with certified foundation and septic systems. This is a turnkey opportunity to build a luxurious retreat in one of Southern California's most sought-after neighborhoods, where tranquility, privacy, and natural beauty converge. Don't miss your chance to bring your dream estate to life in this exceptional location.