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Malibu, CA

$5,000,000

21332 Pacific Coast Highway, Malibu, CA
6
Days listed

About this home

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.

Facts & features

Exterior & lot
Lot size
0.133 acres (5,782 sq ft)
View
Coastline, Ocean
Community
Area
C 33 - Malibu
County
Los Angeles
Community features
Suburban
Listing details
Status
Active
Property type
Land
Days on market
6
Listed
2026-07-03
Terms
Cash, Cash To New Loan
Parcel #
4451001013
MLS #
SR26144937
Listed by
Faryl Arbeitman · Keller Williams Realty-Studio City

Location

Price history

Listed
$5,000,000 · 2026-07-03
Days on market
6
Current price
$5,000,000
Financing

Could this home be yours?

Estimated monthly payment
$31,366
$25,283 principal & interest · $6,083 taxes & insurance
$1,000,000
Estimate only
Loan $4,000,000

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Listing data provided by CRMLS

Listing courtesy of Keller Williams Realty-Studio City. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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