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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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21332 Pacific Coast Highway Malibu, CA 90265
$5,000,000 0 beds, 0 baths
0 sqft
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Photo of Hristo Hristov

Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTOR® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
Text Me
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Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
Santa Barbara Office
3868 State St
Santa Barbara, CA 93105
Phone: 805-687-2666
Fax: 805-563-0053
Santa Barbara 3868 State St
Santa Barbara, CA 93105
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Agent Remarks

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.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# SR26144937
List price is $5,000,000
HOA Fee is $0.00
Beds: 0
Baths: 0
0.13 acres
Lot size: 0.1327
County: Los Angeles
Zoning: LCR1
Lot description: ZeroToOneUnitAcre
MLS area: C33 - Malibu

Last Updated: 7/10/2026

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This listing belongs to the C33 - Malibu MLS area

Lat/Long: 34.037192, -118.639290.
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Listing Agent: Faryl Arbeitman
Lic#: 01978598
Office Name: Santa Barbara

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Total population of , which has changed by % since 1990.
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Out of households, are families.

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Photo of Hristo Hristov

Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTOR® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
Text Me
Call My Cell
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com

Santa Barbara Office
3868 State St
Santa Barbara, CA 93105
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