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0 Baths

$2,495,000

21484 Paseo Portola, Malibu CA, 90265

Price per sqft$274.36
Lot size0.21 Acres
Property typeLand

Overview

Active

Listed Aug 13, 2026

Updated 2 weeks ago

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 information

MLS® ID
26872141

Exterior Features

Lot Size
0.21 Acres

Other Property Details

View
Yes
55+/Senior Community
No

Listed by Ziv Gabay, The Beverly Hills Estates, CA DRE 01971047

Listing Contact: 818-825-8704 

Based on information from the CRISNet MLS as of 9/29/2026, 3:38 AM UTC. 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. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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