
Malibu, California 90265
This Bart Prince Architectural Estate is a High-Potential Investment Opportunity, listed at $32,500,000—positioned well below the $36,184,973 Fair Market Value by 10%. This rare valuation gap provides $3,684,973 in Instant Equity. Boasting an Exceptional Condition Rating, the residence features panoramic ocean views, a Riviera 3 beach key, and a luxury pool and sauna. Located within the prestigious Santa Monica-Malibu Unified district, this modular masterpiece offers a world-class lifestyle. It is a premier acquisition for luxury owner-occupants or high-net-worth investors seeking a trophy asset with immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28827 Grayfox Street Subject | $32,500,000* List Price | 6 | 7 | 6,564 | $5,513 | - |
A 29000 Cliffside Drive Active | $34,999,000 List Price | 5 | 6 | 5,848 | $5,985 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 2004-built architectural estate is in exceptional condition and remains move-in ready. The kitchen is high-end, featuring maple flooring, granite countertops, and professional-grade Wolf appliances. The home's systems are well-maintained, including a seven-zone climate control system and heated concrete floors. While the property is approximately 22 years old, the quality of the structural steel, glass walls, and polished concrete finishes shows minimal wear and tear, though it lacks a recent full-scale renovation to qualify as excellent.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46263, living area = 6564.
Designed by renowned architect Bart Prince, this singular estate features a bold modular design with soaring ceilings and walls of glass that create a world-class indoor-outdoor living experience.
The property includes a coveted Riviera 3 beach key and features private steps descending directly to the beach, offering a rare level of coastal privacy and accessibility in Point Dume.
The dramatic angles and avant-garde architectural style of the interconnected modules may be too polarizing for buyers seeking a more traditional or standard contemporary luxury home.
The intricate custom design, extensive glass, and terraced landscaping with a fruit orchard likely require specialized and costly ongoing upkeep compared to more conventional estates.
Ocean views, lush natural light, and dramatic angles animate the spacious interiors of this spectacular architectural estate. Designed by renowned architect Bart Prince in a series of interconnected modules, the home follows the contours of a gently terraced gated property of over an acre. With a guest house, pool, expansive landscaped grounds, and Riviera 3 beach key, this singular residence is an entirely original Point Dume retreat. The generous use of structural steel, soaring ceilings, walls of glass, polished concrete floors, and lustrous wood create welcoming spaces that seem to erase the boundary between indoors and out. Contemporary lines and exceptional layout provide settings for comfortable living and inspired entertaining. Two living rooms, a family room, and a dining room with a fireplace all offer tantalizing views of the very private grounds, where patios and gardens suggest congenial gatherings, barbecues, and undisturbed relaxation. The kitchen is a majestic achievement, with maple floors, granite countertops, top-of-the-line built-in appliances, a large island with bar seating, a built-in desk, and a butler's pantry / catering kitchen with additional appliances and a door to the side yard. An en-suite bedroom/gym/office with backyard and pool views completes the main floor. On the upper floor, where rooms are connected by a long catwalk, there is an ocean-view office with a fireplace, plus three en-suite bedrooms, including the primary. This lavish private getaway has very high ceilings and stunning pool and ocean views, plus walk-in closets and a sublime ocean-view bathroom. In addition to the main house, there is a one-bedroom guest house with a living room and a full kitchen. At the front of the house, there is a lush, private yard with ample space for relaxing and entertaining. The grand-scale ocean-view backyard offers a variety of settings for outdoor dining and lounging, including a covered dining deck, an outdoor living room, a large fireplace, lawn, sauna, large swimming pool, and ocean-view pathways that meander among a fruit orchard with private steps that descend to the beach below. The gated property is served by two driveways, one leading to the four connected, glass-door garage bays, one with a full bath. Additional features include seven-zone climate control and air conditioning, heated concrete floors, and security system. This is a remarkable architectural estate of bold design in a marvelous setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 91% |
| Baths | 7.0 | 4.0 | 92% |
| Square foot | 6,564 | 2,752 | 92% |
| Lot Size | 46,263 | 18,758.5 | 69% |
| Price | $32.50M | $3.77M | 98% |
| Price per sq ft | $5.0K | $1.3K | 97% |
| Built year | 2004 | 1979 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 226 | 2% |
Apr 17, 2026
$32,500,000
Initial Listing
Mar 29, 2010
$6,200,000
Public Record