For sale · Active

19240 Pacific Coast Highway

Malibu, CA 90265

$2,550,000
Lot size0.0651 acres
Property typeLand
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Listing broker / agent: Christie's International Real Estate SoCal · Jourdan Lee Khoo · CRMLS

MLS # 26872693 · Last checked Oct 19, 2026 23:02 UTC

About this property

Cradled directly on the sand along one of Malibu's most coveted beachfront stretches, this rare oceanfront parcel offers the ultimate canvas for those who dream of living with the ocean at their doorstep: sunrises over the water, the sound of waves, and effortless access to Santa Monica and greater Los Angeles. The 2,834-square-foot lot previously housed a 2,957-square-foot residence within this intimate and highly prized coastal enclave. Today, it presents a compelling opportunity to rebuild directly on the water with meaningful entitlement advantages. Under current emergency provisions, CEQA and Coastal Commission review may be avoided, provided the new home is constructed substantially in the same location and within 110% of the prior structure's footprint and height. This allows for the potential creation of an approximately 3,253-square-foot oceanfront residence without the delays typically associated with coastal development so long as the design remains consistent with the site's established legal envelope. With sand literally beneath your feet, unobstructed coastal ambience, and a uniquely streamlined path to redevelopment, 19240 Pacific Coast Highway stands as an exceptional opportunity to craft a bespoke luxury retreat where beach lifestyle and development potential converge in one of Malibu's most desirable waterfront settings. **This is a fire cleared lot. Buyer to use caution if walking the lot and is aware there may be safety issues. Buyer also needs to satisfy themselves to all city-related issues regarding a fire cleared lot.

Property details

MLS number
26872693
Status
Active
Type
Land
Lot size
0.0651 acres
County
Los Angeles
More property detailsExpandCollapse

Listing

Days on market
53

Bathrooms

Full bathrooms
0
Half bathrooms
0
Three-quarter bathrooms
0
Quarter bathrooms
0

Exterior & parking

Total parking spaces
0
Property outlook
Coastline, Ocean, Panoramic

Fees & lease terms

Association
No
Explore the area

Nearby public schools

Within 5 miles

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.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Marquez Charter (school website, opens in a new tab) Los Angeles Unified · Pacific Palisades K–5 2.7 mi
Topanga Elementary Charter (school website, opens in a new tab) Los Angeles Unified · Topanga K–5 3.7 mi
Palisades Charter High (school website, opens in a new tab) Los Angeles Unified · Pacific Palisades 9–12 3.7 mi
Palisades Charter Elementary (school website, opens in a new tab) Los Angeles Unified · Pacific Palisades K–5 3.9 mi
Canyon Charter Elementary (school website, opens in a new tab) Los Angeles Unified · Santa Monica K–5 4.8 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
$2,550,000
MLS-reported original asking price
$2,550,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 05:44$2,550,000

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.

Local inventory snapshot

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.

Available listings279Current authorized inventory
Median asking price$6,150,000279 listings with a valid price
Median asking price / sq ft$1,195.9814 listings with confirmed sq ft
Median days on market42279 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction14
Listings with an increase0

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 23:36 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.

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Loan assumptions and ownership costs

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