About This Home

This land at 21332 Pacific Coast Highway in Malibu, CA is listed for $5,000,000 (0.13 acres).

Key Features

  • 0.13 acre lot
  • Waterfront

Amenities

WaterfrontView
Listing 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.

Location

21332 Pacific Coast Highway

Malibu, CA 90265

Property Details

Views

WaterOcean

Questions & Answers

This 0-bedroom, 0-bathroom land at 21332 Pacific Coast Highway is listed at $5,000,000. The estimated monthly payment is $26,741 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.13 acre lot, Waterfront.

This property is listed by Faryl Arbeitman.

FA

Faryl Arbeitman

License 01898931

Agent at Keller Williams Realty Studio City

Listed by Keller Williams Realty Studio City · Broker phone: (818) 432-1500 · Broker website

MLS# SR26144937· Source: California Regional Multiple Listing Service, Inc· 115 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

21332 Pacific Coast Highway, Malibu, CA 90265

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