
Malibu, California 90265
Analysis of 19240 Pacific Coast Highway, Malibu, California 90265 is currently available with a list price of $2,750,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Malibu Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is a fire-cleared lot with no existing structure. The listing explicitly states the previous residence is gone and the value lies in the land and the entitlement advantages for rebuilding a new home.
Situated directly on the sand in a coveted Malibu enclave, this parcel offers unobstructed panoramic ocean views and immediate access to one of the world's most famous coastlines.
The property benefits from emergency provisions that may bypass CEQA and Coastal Commission reviews, significantly reducing the typical multi-year timeline and complexity of coastal rebuilding.
Entitlements allow for a new residence up to 110% of the previous structure's footprint, providing a rare opportunity to develop a modern 3,253-square-foot luxury retreat on the water.
As a fire-cleared lot, the property may harbor safety hazards and requires the buyer to assume all responsibility for site stability and city-related fire clearance compliance.
To maintain streamlined entitlement advantages, the new construction must strictly adhere to the previous structure's legal envelope, which may limit architectural flexibility and creative design.
Cradled directly on the sand along one of Malibu's most coveted beachfront stretches, this rare oceanfront parcel offers the ultimate canvas for those who dream of living with the ocean at their doorstep: sunrises over the water, the sound of waves, and effortless access to Santa Monica and greater Los Angeles. The 2,834-square-foot lot previously housed a 2,957-square-foot residence within this intimate and highly prized coastal enclave. Today, it presents a compelling opportunity to rebuild directly on the water with meaningful entitlement advantages. Under current emergency provisions, CEQA and Coastal Commission review may be avoided, provided the new home is constructed substantially in the same location and within 110% of the prior structure's footprint and height. This allows for the potential creation of an approximately 3,253-square-foot oceanfront residence without the delays typically associated with coastal development so long as the design remains consistent with the site's established legal envelope. With sand literally beneath your feet, unobstructed coastal ambience, and a uniquely streamlined path to redevelopment, 19240 Pacific Coast Highway stands as an exceptional opportunity to craft a bespoke luxury retreat where beach lifestyle and development potential converge in one of Malibu's most desirable waterfront settings. **This is a fire cleared lot. Buyer to use caution if walking the lot and is aware there may be safety issues. Buyer also needs to satisfy themselves to all city-related issues regarding a fire cleared lot.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 2% |
| Baths | 0.0 | 4.0 | 2% |
| Square foot | - | 2,748 | 3% |
| Lot Size | 2,834 | 18,559.5 | 3% |
| Price | $2.75M | $3.73M | 36% |
| Price per sq ft | $0 | $1.3K | 3% |
| Built year | 0 | 1979 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 89 | 226 | 6% |
Jan 23, 2026
$2,750,000
Initial Listing