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REDUCED another $255,000 and ready for your offer.Outstanding Opportunity to Build your dream coastal retreat on the sands of Las Flores Beach, one of Malibu's most coveted communities offering rare close-in access to Santa Monica and the Westside. First time on the market in 50 years, this property features 25 feet of ocean frontage with approximately 135 feet of depth (3,354 SF lot area) and existing stringline to optimize ocean and city views. The seller has already completed Phase 1 and Phase 2 lot clearance, a 2025 property survey meeting all City of Malibu planning requirements, and a 2025 coastal geotechnical/wave uprush study with initial submissions to the City of Malibu Re-Build Planning Department to obtain rebuild potential specifics, and awaits your personal touches. This invaluable head start provides a rare opportunity to design and build your own beachfront haven on the sand in one of Malibu's most coveted and convenient coastal communities. 20832 Pacific Coast Highway - a truly remarkable offering. Newly Priced - Hurry!
Listing agent: Kimberley Pfeiffer DRE #01047570 kim.pfeiffer@compass.com, Listing office: Compass
MLS data updated 10/25/2026, 4:17:35 PM PT
Source: CRMLS, MLS #: 25603297
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 16, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,295,000Asking price recorded · Sep 16, 2026ZIP 90265 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.