CnC Realty
1 / 17

$5,000,000

21332 Pacific Coast Highway

Malibu, CA 90265

Active

Los Angeles

County

Land

Property Type

About this home

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 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.

Listed by Faryl Arbeitman · DRE #01898931 · Keller Williams Realty-Studio City
MLS #1176452424
ListedJul 3, 2026

Property Details

Architecture

StoriesN/A
StyleN/A
Total UnitsN/A
RoofN/A
Garage SpacesN/A
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingN/A
HeatingN/A
FireplaceN/A
LaundryN/A
Parking FeaturesN/A
Parking TotalN/A
Patio & PorchN/A
Entry LevelN/A
Entry LocationN/A
Common WallsN/A

Property Features

Lot Size0.13 ac
Lot FeaturesZero To One Unit Acre
ViewCoastline, Ocean
DirectionsPacific Coast Hwy to La Costa Beach. Property is located on the ocean side of PCH near Las Flores Canyon Rd.

Community

AreaC33 - Malibu
School DistrictN/A

Tax & Financial

TermsCash, Cash To New Loan
Land LeaseNo
HOA NameN/A
HOA FeeN/A

Request a Tour

Mortgage Estimate

$26,612/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 5:15 PM

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