$2,395,000

Whitewater ocean views overlook Pt. Dume and Paradise Cove from this private 2.03-acre compound of renowned Sculptor and Printmaker Eugene Sturman. Located within a coveted gated neighborhood, this property features magnificent ocean and canyon views with magical sunsets. Calling all Artists, Musicians, Writers, Filmmakers, Creative Visionaries & Car Collectors to re-imagine this diamond in the rough with 3 separate structures. Live in one, rent out the other, and work in a huge, light filled 2-story art studio with high ceilings and concrete floors. STUDIO A (closest to Loma Metisse Rd.) is used as a sculpture studio and is open for interpretation and your imagination. Comprised of a "footprint" of approximately 1,450 sq. Ft., there are two floors. Main floor has an approx. 400 sq. ft. office / drawing room with a fireplace and an approx. 1,000 sq. ft. Studio with natural light, built in 1985. Underneath the office is an approx. 400 sq. ft. 2-car Garage with concrete floors. About 1,000 sq. ft. of "crawl space", 6-8' in height, currently used as storage and undeveloped. No bathroom, but the building does have water. MAIN HOUSE: 2 Beds, 2 baths, 2 stories, built in 1979. Features ocean views over Pt. Dume, approximately 1,628 sq. ft., per the Tax rolls. One bed and bath downstairs, 1+1 upstairs. The main floor comprises a kitchen, dining space, family room with fireplace, a great room, also with a fireplace, all opening to a charming garden patio with outdoor kitchen and seating area. You could potentially add a floor above the living room area to enclose a 3rd bedroom on the second floor. STUDIO B / Guest House (building at top of property, completed in 1991), has approx. 1,800 sq. ft., 2 story living quarters, approx. 400 sq. ft. each floor, with kitchen & laundry on main floor and 1 bed, 1 bath upstairs, plus an attached studio which adds another approx. 1,000 sq. ft. of usable space. Could house a car collection for example, or be a sound studio, etc. Drought-tolerant landscape features succulents, cacti, pepper trees, eucalyptus, ash, oleander, live oaks, manzanita, acacia, toyon stone pines and ceanothus trees, yellow blooming desert broom along with an abundance of purple blooming, pride of madeira and many other succulents, accentuating the dramatic rock formations. Built in 1979, with 2 other structures completed in '85 and '91, this mesmerizing property is a cosmetic "fixer" with a TON of potential, and HUGE income possibilities. Live your Malibu dream in nature and fresh air. 15 min. to Malibu Canyon with easy access to the 101 freeway, or go down Rambla Pacifico, to Las Flores Canyon to Malibu beaches, Pacific Coast Hwy, Schools, Shops, Farmers Market. You can also cut through to Topanga Canyon by following W. Saddle Peak to Tuna Cyn to Fernwood Pacific. Great hiking nearby. Start building your family compound! Sold 'as-is' and priced to sell!