There was one just like this '66 (but it had a black bench, and no gauges) that used to park outside my college in LA. This one is optioned even better, and still wears its original paint.
For $18,700 I think you could do a lot worse. Would be an awesome driver just as is sits. Cars in this condition are getting tough to find.
Link to 1966 Malibu 327/4-sp auction
