Active

21332 Pacific Coast Highway

Malibu, CA 90265
Mark as Favorite
SqFt5,782

Sqft(Lot)

Rare and unparalleled La Costa Beach oceanfront development opportunity. 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 architectural plans, advanced 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 m ost challenging stages of the coastal development process. Planning approval has been secured, final building plan check is underway, and multiple parallel permit tracks are advancing simultaneously, with RTI anticipated in July. 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.

Read More Expand

Detail Ic Property Details

Property Type : Land

Price : $5,000,000

AD Id : 87553725

MLS Id : SR26144937

Lot Size : 5,782 Sqft(Lot)

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Lot Information

    Lot Dimensions: 161x36 Main Square Feet: 5782 Lot Size Acres: 0.1327 Lot Size Source: Assessor Lot Size Square Feet: 5,782 Lot Description: 0-1 Unit/Acre

  • Listing Price Information

    Listing Price: $5000000
    Cash, Cash to New Loan

  • Tax Information

    Parcel Number: 4451001013 Tax Lot: 1

  • Location Information

    Direction: Pacific Coast Hwy to La Costa Beach. Property is located on the ocean side of PCH near Las Flores Canyon Rd. WaterSource: Other
Sell a home like this and save $299,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3440 Cloudcroft Drive, Malibu, CA, 90265 $2,500,000 -- -- -- 35,355 Sqft(Lot)
3442 Cloudcroft Drive, Malibu, CA, 90265 $2,699,000 -- -- -- 15,282 Sqft(Lot)
3624 Surfwood Road, Malibu, CA, 90265 $1,200,000 -- -- -- 6,815 Sqft(Lot)
18128 Kingsport Drive, Malibu, CA, 90265 $2,150,000 -- -- -- 6,019 Sqft(Lot)
18301 Clifftop Way, Malibu, CA, 90265 $2,250,000 -- -- -- 9,322 Sqft(Lot)
18341 Coastline Drive, Malibu, CA, 90265 $1,749,000 -- -- -- 8,090 Sqft(Lot)
18354 Wakecrest Drive, Malibu, CA, 90265 $2,000,000 -- -- -- 6,024 Sqft(Lot)
18431 Coastline Drive, Malibu, CA, 90265 $1,849,000 -- -- -- 7,735 Sqft(Lot)
18439 Wakecrest Drive, Malibu, CA, 90265 $1,549,000 -- -- -- 7,907 Sqft(Lot)
18449 Kingsport, Malibu, CA, 90265 $1,440,000 -- -- -- 7,199 Sqft(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/22/2026 @ 02:18

MLS: SR26144937 LISTED BY: Faryl Arbeitman, Keller Williams Realty-Studio City 818-432-1500 SOURCE: CRMLS

Homes around $5,000,000

Selling? Save $299,501 when you sell a home like this

Tour with a ByOwner Agent