$2,600,000

20616 Pacific Coast Hwy Malibu, CA 90265

Big Rock Neighborhood

Estimated payment $18,216/month

Total Views 4,261
0.04 Acre
$65,326,633 Price per Acre
1,733 Sq Ft Lot

Highlights

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

About This Lot

Situated just steps from the sand in the coveted Las Flores Beach enclave, this 1,733-square-foot lot offers a rare opportunity to rebuild in one of Malibu's most iconic coastal settings. Formerly home to a beautifully designed 1,764-square-foot contemporary residence, the property was impacted by the Palisades Fire and has since been fully cleared. Preparation is now underway for the Planning Verification process with the City of Los Angeles, paving the way for future development. With panoramic views of the Pacific Ocean, Catalina Island, and the Queen's Necklace, this site offers an unparalleled canvas for a custom oceanfront retreat. Enjoy direct beach access and close proximity to Malibu and Santa Monica, along with local favorites like Duke's Malibu, Nobu, and the Malibu Country Mart. Whether you're an investor, architect, or visionary homeowner, this is an exceptional chance to create a bespoke residence in a setting where natural beauty meets refined coastal living.

Listing Agent

Chris Cortazzo

Compass License #01190363 Listed on: 05/05/2025

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $48,588

Lot Details

  • 1,733 Sq Ft Lot
  • Beach Front
  • Property is zoned LCR303

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Mountain

Outdoor Features

  • Property has ocean access
  • Oceanside

Location

  • Property is near public transit
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 4450-005-074

Property Details

Property Type

Land

Est. Annual Taxes

$48,588

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.0398
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Coastline, City Lights, Panoramic, Ocean, Mountains, White Water
  • View: Yes
  • Waterfront: Beach Rights, Ocean

Utilities

  • Cable: No
  • Telephone: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission, Flood
  • Assessor Parcel Number: 4450-005-074
  • Lot Description: Street Paved
  • Lot Location: Beach Front, Beach Access, City, Ocean Side Of Highway 1, Ocean Access, Near Public Transit
  • Lot Size Area: 1733

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $48,588 $4,161,600 $3,641,400 $520,200
2024 $48,588 $4,080,000 $3,570,000 $510,000
2023 $47,603 $4,000,000 $3,500,000 $500,000
2022 $26,890 $2,177,297 $1,946,192 $231,105
2021 $26,234 $2,134,606 $1,908,032 $226,574
2019 $25,706 $2,071,294 $1,851,440 $219,854
2018 $24,450 $2,030,682 $1,815,138 $215,544
2016 $23,550 $1,951,830 $1,744,655 $207,175
2015 $23,233 $1,922,513 $1,718,449 $204,064
2014 $22,895 $1,884,854 $1,684,787 $200,067
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 For Sale $2,600,000 0.0% --
05/01/2025 05/01/25 Off Market $2,600,000 -- --
12/21/2022 12/21/22 Sold $619,000 0.0% $351 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $619,000 -84.5% $351 / Sq Ft
07/08/2022 07/08/22 Sold $4,000,000 0.0% $2,268 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $4,000,000 0.0% $2,268 / Sq Ft
04/26/2017 04/26/17 Rented $10,000 -9.1% --
05/06/2016 05/06/16 For Rent $11,000 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $4,000,000 Fidelity National Title
Interfamily Deed Transfer -- Orange Coast Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $1,790,000 Chicago Title Company
Interfamily Deed Transfer -- --
Corporate Deed $514,000 First American Title Ins Co
Trustee Deed $568,719 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,600,000 Credit Line Revolving
Previous Owner $900,000 New Conventional
Previous Owner $1,008,500 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $472,000 Unknown
Previous Owner $450,000 Unknown
Previous Owner $411,200 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25533067

The MLS

APN: 4450-005-074