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Malibu Eastern Malibu
20438 Pacific Coast Highway
$1,345,000
● House - Off Market

20438 Pacific Coast Highway

Malibu, CA 90265
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,490 Ft²
$7,611
Est. Monthly

About This Property

SELLER MOTIVATED! This residence sits directly on Big Rock Beach, perfectly positioned just minutes from Santa Monica and central Malibu.  This beach home captures unobstructed, panoramic views of the Pacific Ocean, Catalina Island, and the Queen's Necklace from sunrise to sunset. The home features two bedrooms, plus an open den or 3rd bedroom area, and 2.5 bathrooms. The open-concept kitchen and dining area flow into a sunlit living room with a balcony perched over the sea, offering a front-row seat to the rhythm of the waves. Upstairs, the romantic primary suite includes an oceanfront balcony and spa-style en-suite bath, while the open loft/family area leads to a private guest suite with its own bathroom, and the laundry is in a closet upstairs. Multiple outdoor deck spaces create an effortless connection to the coast, from an ocean-facing deck ideal for lounging to a private subterranean patio made for al fresco dining beside the surf. A few doors away there is access to a picturesque pocket beach and cove, an idyllic escape for sunbathing, swimming, or quiet walks by the water at low tide. There is an attached 2 car garage. A rare offering onLEASED LAND at $2,100 per month (plus approx. 3% annual increase) with 38 years remaining on the lease. Own the whole building, the adjacent home is for sale as well!
Unit Size
1,490 Ft²
Days on Market
124 days
Land Size
0.04 acres
Price per sqft
$1,040
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963

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Last updated: 7 months ago (CLAW #25617573)

Price History

Date / Event Date Event Price
Mar 17, 2026 Sold
Sold
Feb 2, 2026 In contract -
In contract
Jan 19, 2026 Price Decreased $1,550,000
↓ $145K (8.6%)
Price Decreased
Dec 12, 2025 Price Decreased $1,695,000
↓ $55K (3.1%)
Price Decreased
Dec 1, 2025 Price Decreased $1,750,000
↓ $230K (11.6%)
Price Decreased
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Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,673
  • Total Building Area: 1,490
  • Building Area: 1,490
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 1,490
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 26816
  • Land Acres: 0000000038
  • Standard Land Use Code: 1004
  • County Land Use Code: 010E
  • Legal Description 1: TR=26816*W 20 FT OF LOT/SEC 8

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 800506

Zoning

  • Zoning: LCR33000*

Geography

  • Assessors Map Reference: 115-B5
  • Subdivision Tract Number: 26816
  • Parcel: 4450-005-046
  • Lot: 8
  • Municipality: WEST /MALIBU CONDOS
  • Latitude: 34.0377
  • Longitude: -118.62

    Address

  • Full Address: 20438 Pacific Coast Hwy
  • Address - House Number: 20438
  • Address - Street Name: Pacific Coast
  • Address - Suffix Type: Hwy
  • State: CA
  • City Name: Malibu
  • Carrier Code: C008
  • 4-Digit Zip Code: 5401
  • Zip Code: 90265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $371,670
  • Tax Rate Code Area: 10-865

    Appraisal Valuation

  • Standard Deviation: 0.229
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 2,141,572
  • High Value: 2,632,005
  • Low Value: 1,651,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,667
  • Assessed Land Value: $91,429
  • Assessed Improvements Value: $84,238

    Sales

  • Current Sale Contract Date: Aug 06, 2015
  • Current Sale Recording Date: Aug 21, 2015
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 15-1034583
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Eastern Malibu


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Nearby Rentals

Unit for rent at 3855 Rambla Pacifico, MALIBU, CA, 90265

$7,000 /mo

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  • 1 Bath
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3855 Rambla Pacifico #D, MALIBU, CA, 90265 Listing by Paul Grisanti
Unit for rent at 20006 Pacific Coast Highway, MALIBU, CA, 90265

$7,950 /mo

  • 2 Beds
  • 2 Baths
  • 800 ft²
20006 Pacific Coast Highway #B, MALIBU, CA, 90265 Listing by Julian Alexander
Unit for rent at 20644 Pacific Coast Highway, CA, 90265

$7,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
20644 Pacific Coast Highway, CA, 90265 Listing by Jeffrey J. Fritz


Frequently Asked Questions

When was property at 20438 Pacific Coast Highway built and last sold?
The property at 20438 Pacific Coast Highway was built in 1963 and last sold on Aug 6, 2015 for $2,000,000.
How much is this home worth?
The estimated value of the home located at 20438 Pacific Coast Highway is $1,598,901.
What are some comparable homes to 20438 Pacific Coast Highway?
There are currently no comparable homes to 20438 Pacific Coast Highway.