RARE! MALIBU OCEAN-VIEW LEGACY PROPERTY WITH PERMANENTLY PROTECTED PANORAMIC VIEWS 5915 Murphy Way. Welcome to an extraordinary ocean-facing estate site perched above Malibu's famed Paradise Cove, also known as Billionaire's Cove. Spanning nearly two private acres, this offering includes fully designed (yet modifiable) plans for an 8,478 square foot architectural master piece currently in entitlement review with the City of Malibu. With rare grandfathered key code access through the private tunnel into Paradise Cove beach, this is more than a luxury property. It's legacy, offering privacy, prestige, and direct connection to Malibu's most exclusive beachfront lifestyle. Bordering the 153-acre Escondido Canyon Park and the greater Santa Monica Mountains Preserve, home to over 70,000 acres of protected land and thousands of miles of equestrian, hiking, and biking trails, this property offers a rare sense of permanent privacy. Your view shed will never be obstructed.The planned residence captures a sweeping 200-degree panorama through floor-to-ceiling 10-foot glass sliders, offering unobstructed views from the South Bay and Palos Verdes Peninsula, Catalina Island. Point Dume and Paradise Cove sit front and center. To the north, lush canyon wilderness rises toward the three-tiered, 151-foot Escondido Falls, a sacred Chumash site, visible from your living room. This three-level estate, custom designed by architect Wayne Chevalier, features six ensuite bedrooms and seven bathrooms, all connected by two residential elevators. The layout emphasizes energy efficiency with solar, high-performance glazing, LED lighting, and smart home automation. A motorized gate leads to a 660-square-foot subterranean garage with 9.5-foot ceilings (fits 4 to6 stacked vehicles) and a 1,000-square-foot basement for future expansion, studio, general or wine storage. Above, the 875-square-foot entry-level showcase garage with 10.5-foot ceilings accommodates up to 12 stacked vehicles. From the garage, you can take the elevator to the main level or follow a dramatic procession through koi ponds, sculptural landscaping, and striking modern design that leads to your front doorCrowning the home is a 422-square-foot eagle's nest with 270-degree views, a full bath, a 650-square-foot rooftop deck, and a 480-square-foot covered bar/lounge. This flexible space is ideal for a gym, office, in-law suite, or creative retreat.Inside, natural light and open space define the living experience. The main level features an open-plan living area anchored by a floating staircase, a chef's kitchen with hidden prep space,and 50 linear feet of glass wine storage. A 48-foot-wide, 10-foot-tall wall of floor-to-ceiling glassspans the living and dining area, perfectly framing the unobstructed ocean view. Just beyond, a 600-square-foot terrace includes a built-in BBQ, bar, sink, and lounge area, creating a seamless indoor-outdoor entertaining experience.The primary suite offers dual walk-in wardrobes, a spa-style bath, an outdoor shower, and dedicated laundry. On the lower level, additional bedrooms enjoy ocean views, and the family room opens to an expansive pool deck and full wellness center with sauna, steam shower, and a 58-foot infinity pool featuring a 12-foot lap lane and a 21-foot baja shelf, as well as a built-in10-seat hot tub. The pool area is surrounded by fire pits, native landscaping, and panoramic-coastal views.Additional features include operable louver screens, central HVAC, a full-home sound system, fire-resistive wall assemblies, a rooftop garden, and an automated fire suppression system. Whether you're drawn to the unrivaled views, architectural pedigree, or deep connection to protected land, 5915 Murphy Way offers a rare opportunity to build Malibu's ultimate legacy estate. Properties of this caliber, with permanently protected views and private beach access, are nearly impossible to find. Now is the time to secure your place in one of the world's most exclusive site