Set upon a bluff this 3.48 acre estate located in prime central Malibu, is an exceptional offering spanning two seperate legal parcels and available for the first time in nearly 50 years. A stunning 1963 post and beam Mid-Century with 2-bedrooms, 3-baths and covered garage parking sits at the top of the property, capturing incredible sweeping ocean and canyon views with astounding sunsets. The nearly 2,400 sq ft residence and existing pool require repair, presenting an opportunity for restoration or redevelopment with your personal touches. The top parcel is comprised of 2.49 acres and the second parcel is .98 acres with direct water views offering significant potential for further development or outdoor amenities such as possible equestrian uses. Ideally located mere minutes from Point Dume and Cross Creek, this is a compelling opportunity to create a legacy property in one of Malibu's most desirable settings.