$1,425,000
SOLD MAY 28, 2026

20228 Pacific Coast Hwy Malibu, CA 90265

0.06 Acres
$22,873,194 Price per Acre
2,712 Sq Ft Lot

Sale Details

Date Sold: May 28, 2026

$1,189 Per Sq Ft

28% Below List Price

181 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Oceanside
  • Webster Elementary School Rated A
  • Property has ocean access

About This Lot

As of May 2026

Fire rebuild opportunity on Big Rock Beach in Malibu with approx. 32 feet of beach frontage. Build your dream coastal retreat on the sand, offering rare close-in access to Santa Monica and the Westside. This property features approx. 32 feet of ocean frontage with approximately 80 feet of depth (2,712 SF lot area). Public records reflect a 1,198 SF prior residence with rebuild and entitlement potential with an additional 10% size allowing for a streamlined rebuild process without Coastal Commission review. The seller has already completed Phase 1 and Phase 2 lot clearance. sweeping views of the Queen's Necklace, Palos Verdes, and Catalina Island - just minutes from Santa Monica or Malibu town center, this is a rare opportunity to design and build your own beachfront haven on the sand.

Last Agent to Sell the Property

Shen Schulz

Sotheby's International Realty License #01327630 Listed on: 10/08/2025

Sotheby's International Realty

Last Buyer's Agent

Tommy Crudo

Compass License #01468953

Compass

Property Details

Property Type

  • Land

Lot Details

  • 2,712 Sq Ft Lot
  • Lot Dimensions are 34x81
  • Beach Front
  • Property is zoned LCR303

Property Views

  • White Water Ocean
  • Coastline
  • City Lights

Outdoor Features

  • Property has ocean access
  • Oceanside

Utilities

  • Property is located within a water district
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4450-003-010

Property Details

Property Type

Land

Lot Details

2,712 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 0.0623
  • Lot Dimensions: 34x81
  • Probate: No
  • Survey: Buyer Pays
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Street Description: Asphalt
  • View: Coastline, City Lights, White Water, Ocean
  • View: Yes
  • Waterfront: Beach Access, Beach Front, Beach Rights, Ocean, Ocean Access, Ocean Front

Utilities

  • Cable: No
  • Electric: In Street
  • Gas: In Street
  • Sewer: Septic Tank
  • Telephone Service: In Street
  • Telephone: No
  • Water: District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4450-003-010
  • Lot Location: Beach Front, Beach Access, Ocean Side Of Highway 1, Ocean Front, Ocean Access
  • Lot Size Area: 2712
  • Site Decription: Beach
  • Staked: No
  • Topography: Pad

Rental Info

  • Land Lease Type: Fee

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2025
Closed on
May 20, 2026
Sold by
Bought by
Seller's Agent
Shen Schulz
Sotheby's International Realty
Buyer's Agent
Tommy Crudo
Compass
List Price
$1,980,000
Sold Price
$1,425,000
Premium/Discount to List
-$555,000
-28.03%
Views
108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61802695.46%

Purchase Details

Closed on
Feb 15, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 27, 2006
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,765,000
Interest Rate
5.93%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 30, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,765,000
Interest Rate
5.93%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 5, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.85%

Purchase Details

Closed on
May 30, 2001
Sold by
Bought by

Purchase Details

Closed on
Dec 10, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,000
Interest Rate
7.67%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 2, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
8.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $1,425,000 First American Title
Quit Claim Deed -- None Available
Grant Deed -- None Available
Grant Deed -- Equity Title Company
Grant Deed $2,765,000 Equity Title Company
Grant Deed -- --
Grant Deed $886,000 Equity Title Company
Trustee Deed $559,800 North American Title Co
Grant Deed $649,000 Progressive Title Co
Grant Deed $620,000 Equity Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $2,765,000 Stand Alone First
Previous Owner $600,000 No Value Available
Previous Owner $519,000 Seller Take Back
Previous Owner $496,000 No Value Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/28/2026 05/28/26 Sold $1,425,000 -15.2% $1,189 / Sq Ft
04/07/2026 04/07/26 Pending -- -- --
01/25/2026 01/25/26 Price Changed $1,680,000 -5.6% $1,402 / Sq Ft
11/02/2025 11/02/25 Price Changed $1,780,000 -10.1% $1,486 / Sq Ft
10/08/2025 10/08/25 For Sale $1,980,000 -- $1,653 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $47,784 $3,778,598 $3,553,119 $225,479
2024 $44,464 $3,704,508 $3,483,450 $221,058
2023 $43,549 $3,631,872 $3,415,148 $216,724
2022 $43,022 $3,560,660 $3,348,185 $212,475
2021 $41,915 $3,490,844 $3,282,535 $208,309
2019 $41,080 $3,387,306 $3,185,174 $202,132
2018 $39,048 $3,320,889 $3,122,720 $198,169
2016 $37,637 $3,191,937 $3,001,462 $190,475
2015 $34,928 $2,950,000 $2,762,400 $187,600
2014 $35,063 $2,950,000 $2,762,400 $187,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25603543

The MLS

APN: 4450-003-010

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