$5,000,000
 $26,841 est/mo Sourced by Back At You

21332 Pacific Coast Highway,Malibu, CA 90265

Malibu, CA 90265

Share:

Description

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 most 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.

Details

MLS #SR26144937
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site99
Listing Provided ByKeller Williams Realty-Studio City | Faryl Arbeitman

Features

ZoningLCR1
Acreage0.13
Water FrontYes
Property ViewYes

Exterior

Lot FeaturesZero To One Unit Acre
FencingNone

Location

Community FeaturesSuburban

Area Information

StateCA
CountyLos Angeles
CityMalibu
Zip Code90265
AreaC33 Malibu
Listing VS Median (in 90265)
Price:
$5,000,000
low | high
Med:
$3,500,000
80% of Average
On site:
99
low | high
Med:
116
85.344827586207% of Average
Sourced by Back At You

Market Activity 90265

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Home Source at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

Contact

Learn More About This Property

StateCA
CountyLos Angeles
CityMalibu
Zip Code90265
AreaC33 Malibu
Listing VS Median (in 90265)
Price:
$5,000,000
low | high
Med:
$3,500,000
80% of Average
On site:
99
low | high
Med:
116
85.344827586207% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $3.75M - $6.25M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
21306 Pacific Coast Highway Property Photo 1
$4,875,000
21306 Pacific Coast Highway
Malibu, CA 90265
Listing Updated: September 29, 2026 at 2:14:34 AM PDT