21332 Pacific Coast Highway
Malibu, CA 90265
Listing broker / agent: Keller Williams Realty-Studio City · Faryl Arbeitman · 818-317-2307 · CRMLS
MLS # SR26144937 · Last checked Oct 19, 2026 20:57 UTC
About this property
Rare and unparalleled La Costa Beach oceanfront development opportunity, with approved building plans issued by the city of Malibu. Set on a 5,782 SF lot with 35 feet of direct beach frontage, this one-of-a-kind La Costa Beach parcel offers rare access to one of Malibu’s most coveted stretches of coastline. With direct sand frontage, sweeping ocean exposure, and the enduring scarcity of buildable oceanfront land, the property represents a remarkable opportunity to create a legacy coastal residence. The parcel is being offered with approved building & architectural plans, approved permits, and valuable entitlements for a modern Mediterranean oceanfront residence totaling 2,304 gross square feet, designed by Clear Architecture, an esteemed division of the Santa Barbara-based Clear Group. Years of significant investment have advanced the project through the most challenging stages of the coastal development process. The plans envision an exquisite 3-bedroom coastal residence, intentionally oriented to capture breathtaking direct ocean views from every bedroom while maximizing privacy from PCH. Clean architectural lines, warm California materials, expansive glass openings, and sophisticated indoor-outdoor flow define the vision, creating a refined coastal sanctuary designed for modern Malibu living. The plans, permits, and entitlements are intended to transfer to the new owner, allowing the buyer to bypass years of Coastal Commission and municipal delays and move directly toward construction. Clear Group’s thoughtful architectural vision provides an exceptional foundation for bringing this brilliant, precision-engineered coastal masterpiece to life.
Property details
- MLS number
- SR26144937
- Status
- Active
- Type
- Land
- Lot size
- 0.1327 acres
- County
- Los Angeles
More property detailsCollapse
Listing
- Days on market
- 101
Exterior & parking
- Lot features
- Zero To One Unit Acre
- Lot size source
- Assessor
- Fencing
- None
- Property outlook
- Coastline, Ocean
Utilities & community
- Water
- Other
- Community features
- Suburban
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Webster Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Malibu | Not reported | 3.4 mi |
| Topanga Elementary Charter (school website, opens in a new tab) Los Angeles Unified · Topanga | K–5 | 4.3 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $5,000,000
- MLS-reported original asking price
- $5,000,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 05:32 | $5,000,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Malibu
Active residential homes for sale in Malibu, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
14 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-19 21:15 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗