The largest parcel in Malibu Park and Point Dume, this property is on the market for the first time in over 40 years. Tucked away in the back of Malibu's coveted Bonsall Canyon, this approximately 12.04-acre parcel presents a remarkable opportunity to create a private estate, equestrian retreat, family compound, or live/work sanctuary in one of the area's most cherished rural settings. Expansive flat and usable land, multiple building areas, an existing water meter already in place, and minimal sensitive habitat combine to offer a level of flexibility and scale that is increasingly difficult to find in Malibu. Surrounded by open space and sweeping canyon vistas, the setting feels worlds away from the city while remaining remarkably convenient to Malibu's most sought-after destinations. Zuma Beach, Westward Beach, Point Dume Village, Trancas Country Market, and local favorites such as Thorne Family Farm are all just minutes away. Adjacent to the Bonsall Trailhead, the property provides immediate access to miles of hiking and riding trails through the Santa Monica Mountains. This is the essence of the Bonsall lifestyle: wide open spaces, room to roam, and a connection to nature that shapes daily life. The flat terrain creates an exceptional canvas for a custom residence and resort-inspired grounds. Envision a pool, guest house, outdoor entertaining spaces, gardens, orchards, creative studios, recreational amenities, or an equestrian compound with room for horses, barns, paddocks, and direct trail access. The opportunities are endless. Offering a compelling combination of privacy, usability, convenience, and scale, this is one of the largest and most usable land parcels currently available in Malibu - an opportunity to create a legacy property tailored entirely to your vision.