Overlooking Point Dume and its nearby sandy beaches, this rare 1+ acre lot is situated on a knoll with 360-degree views of the ocean, canyons, and Santa Monica Mountains. Plans for a stunning mid-century modern estate totaling ~5,476 sq. ft. have been submitted to the city of Malibu and are awaiting final approval. Envisioned by legendary Malibu designer Vitus Matare, the luxury home is characterized by large open spaces, floor-to-ceiling windows, and an emphasis on bringing the outdoor beauty within. The residence spans two floors and boasts strategically placed long-span sliding glass doors in order to take advantage of the natural light and views from nearly every corner of the house. Comfortably sized with three bedrooms and four bathrooms, the elevated location is perfectly suited to provide both ocean and mountain views. Made for indoor/outdoor living, enjoy an expansive outdoor deck, infinity pool, and spa that maintains a high level of privacy while remaining open and sun-filled. A lower basement level provides an additional space for entertainment in a large media room/theater. Surrounded by some of Malibu's most desirable neighborhoods including Cavalleri, Point Dume, and Malibu Park, this premium location in central Malibu is within reach of the best local amenities, markets, and sandy beaches. This is truly an exceptional offering fit for the ultimate Malibu lifestyle.