Cradled directly on the sand along one of Malibu's most coveted beachfront stretches, this rare oceanfront parcel offers the ultimate canvas for those who dream of living with the ocean at their doorstep: sunrises over the water, the sound of waves, and effortless access to Santa Monica and greater Los Angeles. The 2,834-square-foot lot previously housed a 2,957-square-foot residence within this intimate and highly prized coastal enclave. Today, it presents a compelling opportunity to rebuild directly on the water with meaningful entitlement advantages. Under current emergency provisions, CEQA and Coastal Commission review may be avoided, provided the new home is constructed substantially in the same location and within 110% of the prior structure's footprint and height. This allows for the potential creation of an approximately 3,253-square-foot oceanfront residence without the delays typically associated with coastal development so long as the design remains consistent with the site's established legal envelope. With sand literally beneath your feet, unobstructed coastal ambience, and a uniquely streamlined path to redevelopment, 19240 Pacific Coast Highway stands as an exceptional opportunity to craft a bespoke luxury retreat where beach lifestyle and development potential converge in one of Malibu's most desirable waterfront settings. **This is a fire cleared lot. Buyer to use caution if walking the lot and is aware there may be safety issues. Buyer also needs to satisfy themselves to all city-related issues regarding a fire cleared lot.
Lot/land
$2,550,000
19240 Pacific Coast Hwy, Malibu, CA 90265
--beds
--baths
2,835Square Feet
Unimproved Land
Built in ----
2,835 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 14 days
- 226
- 13
Zillow last checked:
Listing updated:
Listed by:
Jourdan Lee Khoo DRE # 01943027 310-598-8940,
Christie's International Real Estate SoCal 424-249-7162,
Sara Tsai DRE # 01888886 626-864-8170,
Sara Hui Lee Tsai
Source: CLAW,MLS#: 26872693
Facts & features
Property
Features
- Has view: Yes
- View description: White Water, Coastline, Ocean, Panoramic
- Has water view: Yes
- Water view: White Water,Coastline,Ocean
- Waterfront features: Beach Access, Beach Front, Ocean Front, Ocean Access
Lot
- Size: 2,835 Square Feet
- Features: Ocean Side Of Highway 1
Details
- Parcel number: 4449004045
- Special conditions: Standard
Community & HOA
Location
- Region: Malibu
Financial & listing details
- Tax assessed value: $2,263,142
- Date on market: 8/14/2026
Estimated market value
Not available
Estimated sales range
Not available
$8,043/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Listed for sale | $2,550,000-41.4% |
Source: | ||
| 6/28/2018 | Sold | $4,350,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $2,263,142 +2% |
| 2025 | $27,778 -51% | $2,218,767 -54.3% |
| 2024 | $56,648 +2% | $4,852,504 +2% |
| 2023 | $55,538 +1.2% | $4,757,358 +2% |
| 2022 | $54,900 +2.4% | $4,664,077 +2% |
| 2021 | $53,615 +0.6% | $4,572,626 +1% |
| 2020 | $53,313 | $4,525,740 +2% |
| 2019 | $53,313 +39.4% | $4,437,000 +33.9% |
| 2018 | $38,256 | $3,312,600 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 90265
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