Unique opportunity to develop one of the most magical properties in Malibu. Nestled in Bonsall Canyon, the property offers the best of all worlds - close proximity to the beach, schools and shopping plus an extremely private, peaceful and bucolic setting. The existing home, surrounded by approximately six acres of useable land, is surrounded by avocado and fruit trees and has been remodeled keeping true to its mid-century style. Majestic oaks and sycamores also add to the beauty of the property along with a seasonal creek. Bring the horses and keep the property as-is or develop a world class estate. A neighboring estate is currently on the market for $14,995,000.