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Lot/land
  • $2,495,000

    21484 Paseo Portola, Malibu, CA 90265

    --beds
    --baths
    9,095Square Feet
    Unimproved Land
    Built in ----
    9,095 Square Feet Lot
    $3,497,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    A rare RTI opportunity with stunning whitewater and coastline views, ideally positioned at the end of a quiet Malibu cul-de-sac. Ready to break ground, the property is offered with fully approved plans for an approximately 5,000-square-foot, warm organic contemporary residence designed to maximize its exceptional ocean setting, with expansive decks and dramatic views from every level.The proposed residence features 5 bedrooms, 5 bathrooms, 2 powder rooms, an attached 2-car garage, and generous indoor-outdoor living throughout. Floor-to-ceiling glass frames sweeping Pacific views, while a warm contemporary palette of natural stone, wood, and soft plaster gives the architecture a refined coastal feel.The main living level centers around an expansive great room where the living, dining, and kitchen spaces open toward the ocean and adjoining terraces. The primary suite is designed as a private retreat with walls of glass, its own ocean-facing terrace, and a spa-like bath positioned to take full advantage of the coastline views.Adding significant value, a substantial portion of the existing foundation remains in place and is intended to be reused, offering the potential for meaningful savings in both foundation costs and construction time. Certain construction bids available to share with serious buyers. With the project already RTI, a new owner can bypass the lengthy planning and approval process and move directly toward construction.The property is also part of the coveted La Costa Beach Club, adding private beach access to an already compelling opportunity to create a substantial new coastal residence in one of Malibu's most desirable settings.
    7 days
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    282
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    12
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    Zillow last checked:

    Listing updated:

    Listed by:

    Ziv Gabay DRE # 01971047 818-825-8704,

    The Beverly Hills Estates 310-626-4248

    Source: CLAW,MLS#: 26872141MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Coastline, Ocean, Water
      • Has water view: Yes
      • Water view: Coastline,Ocean,Water
      • Waterfront features: Beach Access, Ocean Access
      • Frontage type: Bluff Front
      Lot
      • Size: 9,095 Square Feet
      • Dimensions: 75 x 143
      • Features: Cul-De-Sac
      Details
      • Parcel number: 4451023038
      • Zoning: LCR110
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Septic Tank

      Community & HOA

      Location
      • Region: Malibu

      Financial & listing details

      • Tax assessed value: $1,830,294
      • Date on market: 8/13/2026

        Estimated market value

        $3,497,000

        $2.76M - $4.30M

        $20,558/mo

        Price history

        DateEventPrice
        8/13/2026Listed for sale$2,495,000-44.6%
        Source: CLAW #26872141 Report a problem
        6/8/2022Sold$4,500,000-16.6%
        Source: Public Record Report a problem
        4/27/2022Pending sale$5,395,000
        Source: Douglas Elliman #21100165 Report a problem
        3/23/2022Listed for sale$5,395,000
        Source: Douglas Elliman #21100165 Report a problem
        3/23/2022Contingent$5,395,000-3.6%
        Source: CLAW #21-100165 Report a problem
        2/2/2022Price change$5,595,000-3.5%
        Source: CLAW #21-100165 Report a problem
        1/8/2022Price change$5,795,000-3.3%
        Source: CLAW #21-100165 Report a problem
        12/17/2021Listed for sale$5,995,000
        Source: CLAW #21100165 Report a problem
        12/11/2021Contingent$5,995,000
        Source: CLAW #21100165 Report a problem
        12/4/2021Price change$5,995,000-3.2%
        Source: CLAW #21100165 Report a problem
        10/30/2021Listed for sale$6,195,000-11.5%
        Source: CLAW #21100165 Report a problem
        10/6/2021Listing removed--
        Source: CLAW Report a problem
        9/22/2021Listed for rent$30,000
        Source: CLAW #21762896 Report a problem
        9/21/2021Listing removed--
        Source: CLAW Report a problem
        8/18/2021Listed for sale$6,999,500+2233.2%
        Source: CLAW #21757154 Report a problem
        12/13/1996Sold$300,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $1,830,294 +2%
        2025$22,713 -58.5%$1,794,406 -61.7%
        2024$54,759 +1.9%$4,681,799 +2%
        2023$53,734 +1.7%$4,590,000 +335.4%
        2022$52,852 +310.9%$1,054,315 +2%
        2021$12,861 +0.6%$1,033,643 +1%
        2020$12,786 $1,023,045 +2%
        2019$12,786 +6.9%$1,002,986 +2%
        2018$11,959 $983,320 +2%
        2017$11,959 +0.5%$964,041 +2%
        2016$11,898 +3.5%$945,140 +1.5%
        2015$11,496 +2.7%$930,944 +2%
        2014$11,190 $912,709 +2.5%
        2012-- $890,770 +2%
        2011-- $873,305 +0.8%
        2010-- $866,779 -0.2%
        2009-- $868,839 +2%
        2008-- $851,804 +2%
        2007-- $835,103 +2%
        2006-- $818,730
        2005-- $818,730 +4%
        2004-- $786,940 +1.9%
        2003-- $772,518 +2%
        2002-- $757,372 +4%
        2000-- $727,963
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 90265

        Getting around

        32 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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