Located in the highly sought-after coastal enclave of Malibu, 5610 Kanan Dume Road (also known as 5610 Villa Mar Place) presents a rare opportunity to develop a premier luxury residence in one of Southern California’s most prestigious neighborhoods. Offered at $1,600,000, this approximately 1-acre vacant parcel is poised for immediate development, with an extraordinary amount of pre-development work already completed. Currently pending Planning Commission approval, the property is designed for a stunning 7,269 square foot, two-story estate featuring 5 bedrooms and 5 bathrooms, complemented by over 500 square feet of basement space. The thoughtfully designed layout includes a dedicated gym, expansive retreat area, and seamless indoor-outdoor living potential—ideal for both private enjoyment and entertaining. A significant amount of hard work has already been done to bring this project to its current stage. Completed items include full architectural plans, surveys, septic system design, Fire Department approval, approved geology reports, and Environmental Review Board (ERB) approval—substantially reducing both timeline and entitlement risk for the next owner. With the Planning Commission hearing forthcoming, once approvals are secured, the project is expected to move swiftly toward Ready-To-Issue (RTI) permits, offering a streamlined path to construction in a market where development timelines are often lengthy and uncertain. The future residence will capture desirable peekaboo ocean views from the second floor, enhancing the property’s coastal appeal while maintaining a sense of privacy and tranquility. This is an exceptional opportunity for an owner-user or developer to bring a fully envisioned luxury home to life with much of the heavy lifting already complete. A truly turnkey development opportunity in Malibu, combining scale, location, and vision.