This is Malibu's "Carmel-By-The-Sea." Trophy property on a prominent coastal bluff with magnificent 180-degree panoramic ocean views contiguous to a $60 Million Estate. Two houses, a duplex and a fourplex totaling 11 bedrooms and 10 baths all situated on 1.45 natural acres w/ mature trees, lush gardens, pool and much more. Endless opportunities for all your clients:1031 exchange, investors, owner users, home builders and anyone who can dream the impossible. Come fall in love with this property where the value is in the landÃƒÂ¢Ã‚â‚¬Ã‚Â¦ The Carmel property is immediately North of Pepperdine University and centrally located to Malibu's Country Mart, Colony Plaza, Malibu Pier, State Parks and World-Renowned Beaches.