An exceedingly rare opportunity to own and develop a flat lot on Point Dume with Riviera I beach rights! The parcel is ~0.77 acres with a designated access gate and a landscaped perimeter providing privacy and a pristine blank slate to envision possibilities. Enjoy peaceful views of the Santa Monica Mountains and the cool coastal breeze. This lot includes a fractional ownership in the highly desirable Riviera I, allowing you to park your car or golf cart at a small beachfront lot just above the beautiful, sandy cove along Little Dume. One of Malibu's most private stretches of coastline, the beach offers shelter from the prevailing west wind and is perfectly situated to capture south swells. This property is one of the only undeveloped lots remaining on the Point with beach rights! Don't miss this chance to create a custom Malibu oasis. The adjacent ~1.8-acre property with a home and guest house is also available for sale and comes with Riviera II beach rights.