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$1,695,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,490 Sq. Ft.
  • Updated 7 days ago
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This residence sits directly on Big Rock Beach, perfectly positioned just minutes from Santa Monica and central Malibu. A rare offering on leased land at $2,100 per month (plus approx. 3% annual increase) with 38 years remaining on the lease. This beach home captures unobstructed, panoramic views of the Pacific Ocean, Catalina Island, and the Queen's Necklace from sunrise to sunset. The home features two bedrooms, plus an open den or 3rd bedroom area, and 2.5 bathrooms. The open-concept kitchen and dining area flow into a sunlit living room with a balcony perched over the sea, offering a front-row seat to the rhythm of the waves. Upstairs, the romantic primary suite includes an oceanfront balcony and spa-style en-suite bath, while the open loft/family area leads to a private guest suite with its own bathroom, and the laundry is in a closet upstairs. Multiple outdoor deck spaces create an effortless connection to the coast, from an ocean-facing deck ideal for lounging to a private subterranean patio made for al fresco dining beside the surf. A few doors away there is access to a picturesque pocket beach and cove, an idyllic escape for sunbathing, swimming, or quiet walks by the water at low tide. There is an attached 2 car garage. Own the whole building, the adjacent home is for sale as well!

Full Property Details for 20438 Pacific Coast Hwy

General

  • Price: $1,695,000
  • Status: Active
  • Type: Single Family
  • Source: CLAW
  • MLS ID: 25617573
  • Updated: 12/11/2025
  • Added to Site: 66 day(s) ago

Interior

  • Rooms/Areas: Breakfast Area, Living Room, Primary Bedroom, Powder, Dining Area
  • Eating Areas: Breakfast Area, Dining Area
  • Furnishings: Unfurnished
  • Flooring: Laminate, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Inside, On Upper Level

Additional Information

  • Pool Description: None
  • Spa Description: None
  • Security/Safety: Fire and Smoke Detection System, Carbon Monoxide Detector(s), Gated
  • Other Features: None

Exterior

  • Deck/Patio: Living Room Balcony

Parking

  • Garage Description: Attached, Garage - 2 Car, Garage Is Attached

Location

  • Area: Malibu Beach
  • County: Los Angeles
  • Driving Directions: PCH TO PROPERTY
  • Direction Faces: South

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Central, Forced Air

Utilities

  • Sewer: In Street, Septic Tank
  • Water: District, In Street

Structural Information

  • Architectural Style: Architectural
  • Structure Type: Single Family Residence
  • Exterior Const.: Stucco
  • Basement Desc.: Pillar/Post/Pier
  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Common Walls: Attached
  • Windows: Double-Pane Windows
  • Entry Location: Ground Level - no steps
  • Stories/Levels: 2
  • Square Feet: 1,490
  • Sq. Ft. Source: Assessor
  • Year Built: 1963
  • Year Built Source: Assessor
  • Property Condition: Updated/Remodeled

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: White Water, Coastline, City Lights, Catalina, Ocean
  • Lot Size (Acres): 0.0384
  • Lot Size: 1673
  • Lot Size Source: Assessor
  • Irrigation System: None
  • Lot Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Highway 1
  • Zoning: LCR33000*
  • Lot Description: Seawall
  • Fencing (Description): Wrought Iron

Water Features

  • Water Front Desc.: Beach Access, Beach Front, Ocean Side of Freeway

Financial Considerations

  • Price Per Sq. Ft.: $1,137.58
  • Assessment Year: 1963

Disclosures and Reports

  • Disclosures/Reports: As Is, Coastal Zone, Coastal Commission Restrictions
  • APN: 4450-005-046

Listed by Sotheby's International Realty, Shen Schulz

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Listing agent

— 20438 Pacific Coast Hwy —

  • Shen Schulz

    Sotheby's International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 20438 Pacific Coast Hwy

School District:Santa Monica-Malibu Unified School District
NameGradesDistance
Webster Elementary School, Malibu, CA
3602 Winter Canyon Road, Malibu, CA 90265
K-54.5 mi
Malibu High School
30215 Morning View Drive, Malibu, CA 90265
6-1211.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 20438 Pacific Coast Hwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/11/2025
Price Reduced
$1,695,000
-3.14%
MLS
11/30/2025
Price Reduced
$1,750,000
-11.62%
MLS
11/13/2025
Listed
$1,980,000
-1%
MLS
8/06/2015
Sold
$2,000,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 20438 Pacific Coast Hwy

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,814
9%
$314,417
75%
2024
$3,494
-8%
$179,179
2%
2023
$3,795
2%
$175,667
2%
2022
$3,717
4%
$172,224
2%
2021
$3,591
2%
$168,848
1%
2020
$3,517
—
$167,117
2%
2019
$3,500
5%
$163,841
2%
2018
$3,339
-88%
$160,629
-93%
2017
$27,434
762%
$2,264,400
1367%
2016
$3,181
1%
$154,393
2%
2015
$3,137
1%
$152,074
2%
2014
$3,117
1%
$149,096
—
2013
$3,090
—
$148,423
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 20438 Pacific Coast Hwy

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Down Payment
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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Sotheby's International Realty, Shen Schulz

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20438 Pacific Coast Hwy, Malibu, CA 90265 (MLS# 25617573) is a Single Family property with 2 bedrooms and 2 full bathrooms. 20438 Pacific Coast Hwy is currently listed for $1,695,000 and was received on November 13, 2025. Want to learn more about 20438 Pacific Coast Hwy? Do you have questions about finding other Single Family real estate for sale in Malibu? You can browse all Malibu real estate or contact a Coldwell Banker agent to request more information.

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