Massive price reduction makes this lot by far the best value ocean view buildable lot available in Malibu! Panoramic Ocean View Malibu lot with deeded access and private membership to the coveted La Costa Beach and Tennis Club. This elevated turn-key ocean view lot w/ flat building pad is ideally perched at the top of the established La Costa neighborhood offering a rare combination of unobstructed ocean views whilst still being located just a moment's drive to PCH, and conveniently close to downtown Malibu and Santa Monica. Stunning architectural plans completed for a modern 3 bed 4 bath 3391 SF home and infinity edge pool by renowned local Malibu architect, Vitus Matare. Both living levels accessed via an elevator from the oversized garage at street level. This modern oasis boasts walls of floor to ceiling glass perfectly framing the endless ocean views and flooding the living space with natural sunlight. Seamless indoor-outdoor access to 2 massive private ocean view entertaining decks surrounding the infinity pool off the main living area as well as the spanning ocean view private master retreat on the level above. Enjoy the best of all attributes of Malibu lifestyle with elevated ocean views, an infinity pool, new modern construction, plentiful outdoor living areas and still having deeded private beach access to La Costa Beach and Tennis Club just moments down the hill. After 4 years of meticulous design, reports, studies and permitting work, this development project recently received a letter of completion in April 2023 from the City of Malibu. This project is now being scheduled for hearing before the Planning Commission. Sale to include all architectural and civil plans, survey, geology reports, soils engineering reports, percolation test report, septic system design, planning stage approvals from Malibu City Biology, Geology, Public Works and Environmental Health, fuel modification approval, as well as Fire Department water & access approval. Save 3+ years of time, entitlement uncertainty, and hundreds of thousands of dollars with all the hard work already completed on this turn key development project. Now is the time to secure this rare offering and enjoy personalizing some finish and fixture selections leading up to constructing your dream modern Malibu coastal retreat!