Land for Sale in Malibu, California

21484 Paseo Portola, Malibu, California 90265, US

$ 2,495,000

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 2,495,000
  • MLS ID: 26872141
  • Property Type: Land
  • WEB ID: PR03708141
  • Property Status: Active
  • Lot Size: 9,094sqft
  •  Land for Sale in Malibu, California
  •  Land for Sale in Malibu, California
  •  Land for Sale in Malibu, California
  •  Land for Sale in Malibu, California
  •  Land for Sale in Malibu, California
  •  Land for Sale in Malibu, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 2,495,000
  • MLS ID: 26872141
  • Property Type: Land
  • WEB ID: PR03708141
  • Property Status: Active
  • Lot Size: 9,094sqft
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.

Additional Features

  • Bluff
  • Coastline
  • Ocean
  • Water
  • Listing Status: Active
  • Listing Agent: Ziv Gabay (lic# 01971047) of Beverly Hills/Greater LA
  • Listing Office: The Beverly Hills Estates (lic# 02126121)
  • Based on information from CRISNet MLS as of 27th September 2026 at 1:18am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Areas of expertise
Bel Air Beverly Hills Malibu