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21332 Pacific Coast Highway

Malibu, CA 90265
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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.

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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

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Feature Features

  • Fencing

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1327 Lot Size Dimensions: 161x36
  • Lot Size Source: Assessor Lot Size Square Feet: 5782

  • Listing Price Information

    Original List Price: 5,000,000 Listing Contract Date: 2026-07-03
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 4451001013

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C33 - Malibu Directions: Pacific Coast Hwy to La Costa Beach. Property is located on the ocean side of PCH near Las Flores Canyon Rd. Zoning: LCR1 Source Property Type: Land Area: C33 - Malibu
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3440 Cloudcroft Drive, Malibu, CA, 90265 $2,600,000 -- -- -- 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)
3711 Oceanhill Way, Malibu, CA, 90265 $1,285,000 -- -- -- 7,087 Sqft(Lot)
18429 Pacific Coast Hig.., Malibu, CA, 90265 $105,000 -- -- -- 10,952 Sqft(Lot)
18431 Coastline Drive, Malibu, CA, 90265 $1,849,000 -- -- -- 7,735 Sqft(Lot)
18449 Kingsport, Malibu, CA, 90265 $1,440,000 -- -- -- 7,199 Sqft(Lot)
18842 Pacific Coast Hig.., Malibu, CA, 90265 $5,900,000 -- -- -- 13,528 Sqft(Lot)
18912 Pacific Coast Hig.., Malibu, CA, 90265 $2,750,000 -- -- -- 3,995 Sqft(Lot)

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ByOwner last updated this listing 07/06/2026 @ 20:36

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

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