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Malibu 90265 Eastern Malibu
21967 Pacific Coast Highway
$5,495,000
● Land - For Sale

21967 Pacific Coast Highway

Malibu, CA 90265
bedrooms
Studio
bathrooms
0 Bath
$26,982
Est. Monthly

About This Property

Located upon a bluff overlooking Carbon's Billionaire Beach perched above Pacific Coast Highway is similar to very few in Malibu. The eye-level ocean views stretching across the Pacific, 1.3 Acres of elevated, landscaped terrain, and the kind of privacy and security that is genuinely rare this close to the Malibu Country Mart makes the property such a rare and exceptional opportunity. The property sits recessed from the bluff, with a large flat area with a long private driveway framed by mature palms and established greenery. Arriving at a setting that reads like a private coastal sanctuary, the elevation delivers sweeping panoramic ocean and coastline views from a vantage point that most Malibu properties never achieve, while the scale of the grounds  just over an acre creates a sense of openness and permanence that the area's more constrained lots simply cannot replicate. An existing 550 SF guest house still stands, and the property comes with plans that are currently being processed through the city for a 3,899 SF Mediterranean Modern estate. With the inclusion of the guest house the current plan would create a nearly 4,450 SF compound. The sale includes the plans, progress with the city, as well as the various reports and studies completed thus far. This opportunity also provides itself to build a much larger estate as the remainder of the property is a blank canvas scaled for resort amenities, curated gardens, expansive entertaining, seamless indoor-outdoor living all of it supported by a lot that can absorb the vision without compromise. Malibu's celebrated beaches, trails, dining, and shopping are minutes away. The proximity to Santa Monica makes this the prime location for a Malibu getaway home with an environment and grounds that are unmatched in the area. Two minutes to Nobu and the Malibu Pier, and five minutes to Malibu Country Mart this presents itself as the dream location for Malibu Living.
Unit Size
-
Days on Market
152 days
Land Size
1.28 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1997

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Last updated: 6 months ago (CLAW #26842333)

Price History

Date / Event Date Event Price
Jun 8, 2026 Listed by Compass $5,495,000
Listed by Compass

Property Highlights

Exterior Details
Lot Size Area: 55717
Lot Size Units: Square Feet
Lot Size Acres: 1.2791
Lot Size Square Feet: 55717
Lot Size Dimensions: 186x302

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 15
  • 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: 54,910
  • Lot Size Depth Feet: 3,020
  • Lot Size Frontage Feet: 1,860
  • Total Building Area: 2,633
  • Building Area: 2,633
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,633
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KELLER MATTHEW LAND OF IN THE RO
  • Land Acres: 0000001261
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LAND OF MATTHEW KELLER IN THE RANCHO TOPANGA MALIBU SEQUIT LOT COM N 10 51 30 E 60 FT AND N 79 0830 W 1025.8 FT AND N 10 5130 E 300.13 FT FROM ENGR STA 1027 PLUS 89.52 IN C/L OF PACIFIC LOT/SEC 1

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 800504

Zoning

  • Zoning: LCR11*

Geography

  • Assessors Map Reference: 114-D4
  • Parcel: 4451-010-010
  • Lot: 1
  • Municipality: WEST /BIG ROCK/RAMBLA
  • Latitude: 34.0398
  • Longitude: -118.653

    Address

  • Full Address: 21967 Pacific Coast Hwy
  • Address - House Number: 21967
  • Address - Street Name: Pacific Coast
  • Address - Suffix Type: Hwy
  • State: CA
  • City Name: Malibu
  • Carrier Code: C017
  • 4-Digit Zip Code: 5058
  • Zip Code: 90265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,523,833
  • Tax Rate Code Area: 10-865

    Appraisal Valuation

  • Standard Deviation: 0.2228
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 3,472,497
  • High Value: 4,246,257
  • Low Value: 2,698,737

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,288,693
  • Assessed Land Value: $626,178
  • Assessed Improvements Value: $662,515

    Exemptions

  • Homeowner Exemption: Yes
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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Unit for rent at 22227 Pacific Coast Highway, MALIBU, CA, 90265

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Unit for rent at 22605 Pacific Coast Highway, MALIBU, CA, 90265

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Frequently Asked Questions

When was property at 21967 Pacific Coast Highway built and last sold?
The property at 21967 Pacific Coast Highway was built in 1997 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 21967 Pacific Coast Highway is $5,549,950.
What are some comparable homes to 21967 Pacific Coast Highway?
There are currently no comparable homes to 21967 Pacific Coast Highway.