Listing Agent: Christopher Cortazzo      Broker/Office: Compass
28867 Grayfox Street Malibu CA 90265
$ 16,450,000

Listing ID

#25560501

Status

Active

Property Type

Single Family Residence

Property Style

Modern

County

Los Angeles

Year Built

1968

Lot Size

1

Days on website

1

Description
Positioned on one of Point Dume's most desirable streets with ocean views and direct access to a world class private surf beach, this is a rare opportunity to complete a fully approved and permitted estate in one of Malibu's most sought-after enclaves. More than a blank canvas, this offering comes with plans already approved, permits in-hand, and construction underway including an existing main residence to be remodeled as well as a detached guest house and detached garage to be built allowing for a seamless transition into the rewarding phase of building: selecting finishes, materials, and design elements that reflect your personal taste.The proposed estate spans over one acre of property and approximately 6,700 square feet of existing and proposed structures, anchored by refined architectural plans that balance clean modern lines with a sense of warmth and California ease. The layout includes a total of six bedrooms with en suites, multiple indoor/outdoor living spaces, a detached guest house, detached garage, and a resort-style pool and spa, framed by thoughtfully designed landscape and hardscape elements. Terraces, patios, and expansive glazing are positioned to enjoy the views, draw in natural light and capture the serenity of the surrounding property.The floor plans reveal a sophisticated flow, from the expansive entry into a gracious open-concept kitchen, living, and dining space all designed to capture ocean views from the main level to a private bedroom wing and a dedicated den. Upstairs, the primary suite offers a spa-like bath, generous terraces, and walk-in closets a layout that offers both flexibility and luxury. The guest house and detached garage are discreetly positioned to create a sense of estate-scale privacy, while the path to the beach directly from the property underlines the lifestyle this address affords.To obtain plans and building permits on Point Dume with this level of forethought is exceedingly rare. This is an opportunity to fast-forward through a multi-year process and immediately enter the most creative chapter of your dream home all within one of Malibu's most exclusive enclaves.
Location
Financial Information
List Price:  $ 16450000
Property Features
Flooring:  Wood
Furnished:  Unfurnished
High School District:  Santa Monica-Malibu Unified
Levels:  Two
Parking Features:  Driveway
Senior Community YN:  false
View:  Ocean
High School District:  Santa Monica-Malibu Unified
Senior Community YN:  false
MLS Area Major:  C33 - Malibu
City:  Malibu
Listed By:   Christopher Cortazzo   Compass 
Co-listed by
Lily Harfouche  
CA Lic#