Incredible opportunity to complete a brand new Malibu retreat! Located in lower Latigo Canyon, this partial build includes active building permits for an architectural home and offers peaceful ocean, mountain, and canyon views. With classic modern lines and impressive volumes, the new construction totals ~1,673 sq. ft. and the framing is nearly complete. Bypass the costly and time-consuming permitting process while finishing the house to make it your own! Accessed via a quiet street with no through traffic, enter the lot beneath mature oak trees onto a large driveway with ample parking for guests. Inside, the living area totals ~1,223 sq. ft. and flows seamlessly from within onto outdoor decks and balconies totaling ~871 sq. ft. with picturesque ocean views. The entry-level features an open-concept great room with a balcony overlooking the untouched canyon and an ocean-view deck perfect for al fresco dining or enjoying the sunsets. Upstairs, there are two en-suite bedrooms, each with balcony access, plus an expansive rooftop deck situated over the garage. Additional features include an attached ~448 sq. ft. two-car garage and an open basement area below of ~590 sq. ft. that could be built out for additional living areas. This property presents an opportunity to finish new construction with the foundation completed and a county-approved septic system already in place! Just ~6 minutes from Pacific Coast Highway, this serene neighborhood offers peace and privacy with easy access to sandy beaches, beautiful hiking and riding trails, and Malibu's finest amenities. Whether creating your personal Malibu oasis or an investment, this is an exceedingly rare property in a coveted location.