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Listed by: Faryl Arbeitman (818) 317-2307 DRE #01898931 | Keller Williams Realty-Studio City (818) 432-1500
$4,750,000
Monthly Est:$23,642
-- Bed
- -- Bath
5,782sqft lot
21332 Pacific Coast Hwy, Malibu, CA 90265
$4,750,000
$23,642/moEst:
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Land
Built in -
$-- HOA
5,782 sqft lot
$822/sq.ft
Description
Rare and unparalleled La Costa Beach oceanfront development opportunity, with approved building plans issued by the city of Malibu.
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 building & architectural plans, approved permits, and valuable entitlements and an engaged builder 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.
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.
- Houzeo last checked: 2 minutes ago
- Listing updated: October 27, 2026 at 4:06 pm
- Source: California Regional MLS-CA | MLS#: SR26144937

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
5,782 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SR26144937
MLS Status
Active
Days on Market
117
Cumulative Days on Market
116

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Utilities & Energy
Water Source
Other
Other Features
Lot Features
Zero To One Unit Acre
Community Features
Suburban
Price History
| Date | Event | Price |
|---|---|---|
07/03/2026 Source: | Listed for Sale | $5,000,000 +5.26% $0/sqft |
07/03/2026 Source: | Price Decreased | $4,750,000 -45.09% $0/sqft |
03/18/2023 Source: | Price Increased | $8,650,000 +28733.33% $0/sqft |
07/28/2020 Source: | Price Decreased | $30,000 -25.00% $0/sqft |
07/08/2020 Source: | Price Decreased | $40,000 -99.34% $0/sqft |
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Eastern Malibu Ranks #7 in Malibu, CA
Homes
Rental Prices
Median Home Price
Getting Around 21332 Pacific Coast Hwy
Bike Score®
Somewhat Bikeable
17/100
Walk Score®
Car-Dependent
36/100
Data provided by Redfin
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 29, 2026, 04:45AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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