Carbon Beach asks 62% less than Malibu as a whole.
A mile and a half of houses on the sand, east of the Malibu Pier

Carbon Beach, often called Billionaire's Beach, is the roughly 1.5-mile stretch of Malibu shoreline that runs east from the Malibu Pier to just past Carbon Canyon Road. It's one row of about 80 house lots and a few older condo buildings between Pacific Coast Highway and the sand, with garages on the highway and decks over the beach. The sand below the mean high tide line is public, and the West accessway off PCH is open. For a buyer, the houses run on their own septic systems, the seaward part of most lots sits in FEMA flood zone VE, and the January 2025 Palisades Fire destroyed homes on the eastern part of the beach.
Sources: U.S. Census Bureau, ACS 5-year 2019–2023; neighborhood facts compiled by The Slava House.
Where it starts and stops, and why the pier end feels different.
Carbon Beach runs about a mile and a half along Pacific Coast Highway, from the Malibu Pier east to just past Carbon Canyon Road. The Coastal Commission's access map puts the beachfront parcels between roughly 21756 and 22878 PCH. There's exactly one row of buildings between the highway and the water, and for most of that distance the row is private houses set side by side, with garage doors on PCH and decks out over the sand.
People have called it Billionaire's Beach for years. The nickname isn't official and nobody seems to know who used it first, but by 2015 national wire stories were putting it in headlines. Santa Monica is about 11 miles east by road, and the Civic Center shops are a few minutes west.
The west end, next to the pier, doesn't look like the rest. The Malibu Beach Inn and Nobu are there, along with a cluster of older apartment and condo buildings, most of them built between the 1950s and the 1980s. East of there it's nearly all single-family houses. The county parcel map shows about 80 house lots on the sand side of PCH, plus close to 90 condo units in the buildings near the pier.

Carbon Beach asks 62% less than Malibu as a whole.
A square foot in Carbon Beach costs 62% more than across Malibu.
Listings in Carbon Beach have been on the market 20 fewer days than across Malibu.
89% of the homes for sale in Carbon Beach are condos.
Homes for sale in Carbon Beach are 72% smaller than across Malibu.
Each card sets the median in Carbon Beach against all of Malibu. The arrow on a card lists every Malibu neighborhood we cover. Asking prices for homes on the market right now inside each mapped area, not sale prices. Updated October 3, 2026, 7:00 PM PT
9 active listings in the mapped area
I’m a Long Beach Realtor and I work Malibu too. Tell me what you’re after in Carbon Beach and I’ll help you get there.
Slava Ploshkin · DRE #02323623English and Russian
The restaurants, cafes, shops, parks, and landmarks that give Carbon Beach its everyday character, most within a short walk.
11 places
Pick one and I’ll show you where it is.
Beach5 min walk
The public path down to the sand at 22466 PCH, named Via Jamee in 2024. It's been open since July 2015 and is run by the Mountains Recreation and Conservation Authority.
There's no lot. Park on the PCH shoulder, and watch the traffic when you open your door.
Beach5 min walk
The first Carbon Beach path, opened in 2005 at 22126 PCH and named Via Linda in 2024. After the 2025 fire the MRCA lists it as closed until further notice.
Beach10 min walk
The older public path at the west end of the beach, right next to Nobu.
Restaurant10 min walk
The Japanese restaurant on the sand at the west end of Carbon Beach, and the beach's best-known address.
Restaurant15 min walk
The restaurant at the Malibu Beach Inn, the hotel on the sand at the pier end of the beach.
Recreation · Nearby20 min walk
The pier that marks the west end of Carbon Beach. State Parks has closed the end of the pier for structural concerns, with no reopening date as of September 2026.
Restaurant · Nearby20 min walk
Malibu Farm's sit-down restaurant at the foot of the pier, the easy lunch spot for anyone living at this end of the beach.
Coffee · Nearby20 min walk
The cafe building out on the pier. The end of the pier was closed over structural concerns as of September 2026, so check before you walk out for coffee.
Beach · Nearby25 min walk
The point break on the other side of the pier, dedicated in 2010 as the world's first World Surfing Reserve.
Landmark · Nearby25 min walk
A historic house museum on the edge of Malibu Lagoon, run by California State Parks.
Park · Nearby25 min walk
The lagoon at the mouth of Malibu Creek, with a short trail and a lot of birds, just west of the pier.
What's actually on the sand, and what comes up when you're ready to buy.
A typical Carbon Beach house is built long and narrow. You come in from the garage at highway level, and the living space steps down toward the ocean, usually ending in a deck held up over the sand on pilings or caissons. Side yards are thin and the neighbors are close. You're buying frontage and a view here, with very little land.
County records date about half the houses to before 1960, but that year usually describes the original structure. Plenty of them have been rebuilt or gutted since, and the eastern part of the beach now has lots rebuilding after the 2025 fire. On any house here, ask what was rebuilt, when, and under which coastal permits, and get copies.
Houses rarely show up on the MLS. When I pulled the listings on September 25, 2026, our mapped Carbon Beach area had nine homes for sale. Eight were condos near the pier, asking from about $1.1 million to $7.9 million, and one was a house asking eight figures. With so few listings, one house coming on or off the market moves the numbers a lot.

Accessways and easements, and what it's like when strangers walk past your deck.
Under California law the public can use everything seaward of the mean high tide line, and that line moves with the tides and the seasons. On top of that, many Carbon Beach lots carry recorded lateral access easements over part of the dry sand. They were usually required as a condition of a building permit, and they differ lot by lot. Some run 25 or 50 feet inland from the tide line, and some run right up to the house with a 10-foot privacy buffer.
There are three public ways down to the sand. The West accessway at 22466 PCH is open sunrise to sunset. The Zonker Harris accessway sits at the west end next to Nobu. The East accessway at 22126 PCH, the first one opened, is listed by the Mountains Recreation and Conservation Authority as closed until further notice since the fire. A fourth path, at the La Costa end just past the beach, is closed too.
Both main paths took decades to open. The East easement was promised in 1983 in exchange for a remodel permit and didn't open until 2005, after a long legal fight. The West easement was also signed in 1983, for a retaining wall, and opened in 2015 after the owner paid more than $1.1 million in fees and settlement costs. In 2024 the MRCA named them Via Linda and Via Jamee after two people who worked to keep the coast open.
If you own here, expect people to walk and sit on the sand in front of your house. Below the tide line and inside the easements, that's their right, and the Coastal Commission enforces it: in 2016 it settled a case with the hotel at the west end, which agreed to build two public stairways and a crosswalk and to pay $500,000 in penalties and conservation funds.

The system usually sits behind a seawall, and the ocean side of each lot is in flood zone VE.
There's no sewer on Carbon Beach. Each house runs its own onsite wastewater system, and on the sand that system usually sits behind a seawall or bulkhead. For owners who lost a house in the fire, a February 2026 city staff report put the cost of a new septic system plus a new seawall at $625,000 to $1.525 million per property. Carbon Beach isn't part of the Civic Center septic ban the regional water board adopted in 2009. That area stops at Surfrider Beach on the other side of the pier.
That could change for the eastern part of the beach. After the fire, the city started designing a sewer line along about 5.5 miles of PCH, from Carbon Beach Terrace east to a Los Angeles city sewer connection near the Getty Villa, to serve 464 waterfront parcels, 298 of which it counted as destroyed. The preliminary design put the cost at about $125 million, including a 40% contingency. Owners would vote on design funding around March to May 2027 and on construction funding around May to July 2029, with construction penciled in from late 2029 to mid-2032. Nothing is settled, and the west end of Carbon Beach is outside the planned line.
Seawalls are their own paperwork. The Coastal Act allows a wall to protect an existing house but says new development shouldn't need one, so permits for new or replacement homes commonly come with a condition waiving future shoreline protection. The city's 2026 rebuild guidelines add that an engineer has to show an existing wall is adequate, and no timber piles can be used or reused.
On FEMA's flood map, the seaward part of these lots sits in zone VE, the coastal high-hazard zone, with a base flood elevation of 17 feet at the points I checked. The highway side of the same lots falls in zone X. The federal flood program tops out at $250,000 for the building, so on a house like this most of the flood coverage has to come from a private policy.

Where the Palisades Fire reached, and why the insurance quote comes before the offer.
The January 2025 Palisades Fire burned 23,448 acres and destroyed 6,845 structures, most of them outside Malibu, before CAL FIRE declared it contained on January 31, 2025. The city counts 720 structures destroyed within Malibu, and its February 2026 lawsuit against the state and the county cites large portions of the Big Rock, La Costa, and Carbon Beach neighborhoods. On Carbon Beach the damage was on the eastern part. Caltrans work limits and the city's burn-area sewer study both start at Carbon Beach Terrace, and the west end toward Nobu and the pier largely came through.
If you're looking at a burned lot or a rebuilt house, start with the permits. Under the Governor's January 2025 executive order, a rebuild in about the same spot and no more than 10% bigger skips the Coastal Act permit. The city handles those with a planning verification ($200, about a week) or an administrative plan review ($1,590 and up, three to six months). Anything bigger needs a coastal development permit, which the city prices from $11,579 and puts at 12 to 24 months. The order didn't waive the city's rules for seawalls or septic siting, so a rebuild on the sand still goes through coastal engineering review.
Rebuilding here is slow. By mid-September 2026 the city had issued 100 building permits for single-family rebuilds across the burn area, and the first rebuilt house in Malibu, in Big Rock, had just received its certificate of occupancy. With a strong El Niño forecast for the winter, Caltrans and the city are stabilizing 23 red-tagged, fire-damaged coastal lots along PCH, and that work is due by October 31, 2026.
Then there's insurance. On CAL FIRE's 2025 map every Carbon Beach lot I checked is at least partly in a Very High Fire Hazard Severity Zone, as nearly all of Malibu is, and that goes on the natural hazard disclosure. KQED reported in August 2026 that about half the homes in some high fire-risk areas, Malibu among them, are on the California FAIR Plan, the state's insurer of last resort. Its average rate goes up 29.1% on new and renewal policies starting 15 October 2026. It's mainly fire coverage and caps a home at $3 million per location, so on a Carbon Beach house the rest has to be placed with other carriers, along with a separate policy for liability and the other perils. Get written quotes on the specific address before you write an offer.

The pier is close, and the highway is right outside the garage.
From the west end you can walk to Nobu or to lunch at Malibu Farm's restaurant at the foot of the pier. State Parks has closed the end of the pier for structural concerns, and as of September 2026 there was no date for reopening it. Surfrider Beach and the lagoon are just past the pier, and the Cross Creek shops, with the Malibu Country Mart and Whole Foods, are about half a mile beyond that. From the east end almost everything is a short drive.
Every trip starts with pulling onto PCH, which carries around 40,500 vehicles a day at summer peaks. As of June 2026, Caltrans still had the stretch from Sunset Boulevard to Carbon Beach Terrace posted as a 25 mph work zone while it repairs fire damage. The state also approved speed cameras for Malibu's PCH, including a site near Carbon Canyon Road and Carbon Beach Terrace. Warning notices begin in late September 2026 and fines in late November, from $50 to $500 for going 11 mph or more over the limit, with no points on your license.
Guests park on the PCH shoulder like everyone else, so plan where your people will leave their cars. The Coastal Commission's map also shows public parking on the upper floor at 22601 PCH on summer weekends and holidays.
Carbon Beach is in the Santa Monica-Malibu Unified School District. Webster Elementary in the Civic Center is the closest elementary school, and Malibu Middle and Malibu High share a campus on Morning View Drive. Malibu has been working to split off into its own district. The county committee turned the petition down in May 2025, and then the school board and the city council both approved separation agreements in December 2025. As of September 2026 it still needs state approval. A bill written to help, AB 745, was pulled from its Senate committee hearing in June 2026, and a split isn't expected before the 2028-29 school year.

I start with the title and a survey, because recorded easements here shape where your deck can go.
I start with the title and a survey. I want to see every recorded easement over the sand, where the mean high tide line was surveyed, and whether the house has open issues with the Coastal Commission. On this beach those recorded documents shape what you can build and where your deck can go.
Next is the septic system and the wall. Ask for the operating permit, the last inspection, and the seawall's permit history and engineering. With a strong El Niño forecast, the city is urging beachfront owners to have a coastal engineer look at their property before winter, and I'd want that report too. If the house is east of Carbon Beach Terrace, factor in the sewer project and what an assessment could look like, even though nothing has been voted on yet.
Then flood and fire. Get the elevation certificate, a private flood quote, and a fire insurance quote on the exact address. On a house that burned or is being rebuilt, read the rebuild permits line by line. If you plan to rent the house out for short stays, you'll need a city short-term rental permit, and since 2023 that also means a septic operating permit. I do all of this before a buyer from out of town gets on a plane, in English or Russian.

4 active rentals in the mapped area
Carbon Beach is the stretch of Malibu shoreline that runs about 1.5 miles east from the Malibu Pier to just past Carbon Canyon Road, along Pacific Coast Highway. The Coastal Commission's access map puts its beachfront parcels between roughly 21756 and 22878 PCH. It's one row of buildings between the highway and the ocean: a hotel, Nobu, and older condo buildings near the pier, and private houses for most of the rest.
The facts in this guide (districts, zones, rules) come from the official records below. We re-check them before property tours.