Located in the Big Rock neighborhood in Malibu, 20490 Seaboard offers a rare combination of a move-in-ready home with breathtaking ocean views along with fully approved RTI permits for an extraordinary redevelopment project. As the property currently sits, it offers 1,866sf of living space with 3 bedrooms and 2 bathrooms, plus an oversized 1,095sf workshop/garage. For the savvy buyer, the RTI permits provide an opportunity to transform this property into a luxurious 3,218-square-foot coastal retreat. The thoughtfully designed plans feature 3 spacious bedrooms, 3.5 bathrooms, a private office, a cozy den, and sweeping views of the Pacific Ocean, Catalina, and the iconic Queen’s Necklace. The envisioned residence also includes a 455-square-foot 2-car garage along with a detached 196-square-foot structure with sweeping ocean viewsperfect as an artist’s studio, a tranquil yoga retreat, an inspiring home office, or an intimate dining space. Situated in one of Malibu’s most prestigious neighborhoods, this property offers unparalleled proximity to nature and Malibu’s iconic beaches, all while being just minutes from the premier dining, shopping, and recreational offerings of Pacific Palisades and Santa Monica.