21250 Pacific Coast Hwy

Malibu CA 90265

5984 sq. ft.

Land

Last sold for $4,450,000

Christopher Cortazzo, last sold this property on 17 November 2025 after 850 days on market.

Overview

A rare opportunity along Pacific Coast Highway this 5,984 sq ft lot offers an exceptional chance to rebuild in one of Malibu's most sought-after coastal locations. Previously the site of a single-family home lost in the Palisades Fire, the lot has been cleared and is ready for redevelopment. The property offers potential ocean views and convenient access to the beach, scenic hiking trails, and Malibu's premier shops and restaurants. With utilities nearby and neighboring rebuilds underway, this parcel presents tremendous potential for an owner, builder, or investor seeking to create a modern coastal retreat.

Features

5984 sq. ft. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Malibu over the last 12 months, the estimated median property value of 21250 Pacific Coast Hwy is $1.4m.

Median value

$1.4m

Estimated value range

$20k - $14m

Median days on market

Estimated value trend

133%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Malibu. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 21250 Pacific Coast Hwy

2025

Sold

$4,450,000

17 Nov 2025 by Christopher Cortazzo, of Compass

2023

Rented

Undisclosed

16 Nov 2023 by Berkshire Hathaway HomeServices California Properties (Los Angeles, 90049)

2020

Sold

$7,400,000

26 Aug 2020 by Irene Dazzan-Palmer

Happy sellers in Malibu

We have insufficient information to provide an overview of customer satisfaction for Malibu. Viewing the agent profiles, reviews and sales for Malibu can provide insights for this location.