An exceptionally rare opportunity to acquire over 6 acres of multi-family zoned land in Malibu, offering scale, usability, and coastal proximity rarely found in a single offering. Comprised of two parcels totaling approximately 6+ acres. Multi-family zoning. With semi-flat, buildable terrain, ocean views overlooking Paradise Cove, and proximity to high-end residential communities, this site presents a compelling opportunity to develop a multi-unit coastal project in one of the most supply-constrained markets in California. APNs: 4467-013-022 & 4467-013-023
Under contract
$19,500,000
28517 Pacific Coast Hwy, Malibu, CA 90265
--beds
--baths
5.2Acres
Unimproved Land
Built in ----
5.2 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Flat buildable terrain
- 155 days |
- 26 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Chris Frost DRE # 00499287 310-721-6881,
Sotheby's International Realty 310-456-6431
Source: CLAW,MLS#: 26668029
Facts & features
Property
Features
- Has view: Yes
- View description: Fields, Park/Greenbelt
Lot
- Size: 5.2 Acres
Details
- Parcel number: 4467013022
- Zoning: LCRP
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: In Street
- Sewer: Septic Tank
- Water: Water District
Community & HOA
Location
- Region: Malibu
Financial & listing details
- Tax assessed value: $30,003
- Date on market: 3/24/2026
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$5,303/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Contingent | $19,500,000 |
Source:  CLAW #26668029 Report a problem | ||
| 3/24/2026 | Listed for sale | $19,500,000+30% |
Source: CLAW #26668029 Report a problem | ||
| 10/3/2024 | Listing removed | $15,000,000 |
Source: CLAW #23-265981 Report a problem | ||
| 7/10/2024 | Contingent | $15,000,000 |
Source: CLAW #23-265981 Report a problem | ||
| 5/12/2023 | Listed for sale | $15,000,000 |
Source: CLAW #23-265981 Report a problem | ||
| 8/23/2019 | Listing removed | $15,000,000 |
Source: Pinnacle Estate Properties #18377664 Report a problem | ||
| 8/22/2018 | Listed for sale | $15,000,000 |
Source: Pinnacle Estate Properties #18377664 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $30,003 +2% |
| 2025 | $1,250 -0.6% | $29,415 +2% |
| 2024 | $1,258 -58.5% | $28,839 +2% |
| 2023 | $3,029 +185.7% | $28,274 +2% |
| 2022 | $1,060 -92.6% | $27,720 +2% |
| 2021 | $14,240 +1297.4% | $27,177 +1% |
| 2020 | $1,019 | $26,899 +2% |
| 2019 | $1,019 -23.1% | $26,372 -85.8% |
| 2018 | $1,325 -53.8% | $185,181 +2% |
| 2017 | $2,869 +0.8% | $181,550 +2% |
| 2016 | $2,845 +4.5% | $177,991 +1.5% |
| 2015 | $2,723 +1.6% | $175,319 +2% |
| 2014 | $2,681 | $171,886 +2.5% |
| 2012 | -- | $167,756 +2% |
| 2011 | -- | $164,468 +0.8% |
| 2010 | -- | $163,240 -0.2% |
| 2009 | -- | $163,628 +2% |
| 2008 | -- | $160,420 +2% |
| 2007 | -- | $157,276 +2% |
| 2006 | -- | $154,194 |
| 2005 | -- | $154,194 +4% |
| 2004 | -- | $148,209 +1.9% |
| 2003 | -- | $145,494 +2% |
| 2002 | -- | $142,643 +4% |
| 2000 | -- | $137,106 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Ramirez Canyon
Nearby schools
GreatSchools rating
- 7/10Malibu ElementaryGrades: K-5Distance: 0.9 mi
- 7/10Malibu MiddleGrades: 6-8Distance: 2 mi
- 8/10Malibu High SchoolGrades: 9-12Distance: 1.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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