28837 Selfridge Drive, Malibu, California 90265, Malibu, 90265 - 5 bed, 8 bath

28837 Selfridge Drive, Malibu, California 90265 home-pic-0
ACTIVE$21,500,000$8,000/sqft
Est. Value: $21,764,489
1%
FairlyEstimate
28837 Selfridge Drive, Malibu, California 90265
5Beds
8Baths
8,000Sqft
73,829Lot

Price Vs. Estimate

The estimated value ($21,764,488.73) is $264,488.73 (1%) lower than the list price ($21,500,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 73829, living area = 8000.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 8000, other record living area = 6447. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

Compared to the nearby listings

Price:$21.50M vs avg $4.35M (+$17,150,000)97%
Size:8,000 sqft vs avg 2,744 sqft94%
Price/sqft:$2.7K vs avg $1.3K87%

More Insights

Built in 2022 (4 years old).
Condition: This property was built in 2022, making it a newly constructed estate. The images showcase a modern, high-end design throughout, with a pristine kitchen featuring integrated, top-of-the-line appliances, sleek cabinetry, and luxurious marble countertops. Bathrooms are equally impressive with contemporary fixtures, floating vanities, and stylish finishes. All components appear new or virtually new, reflecting current quality standards with no signs of wear or deferred maintenance.
Year Built
2022
Close
-
List price
$21.5M
Original List price
$21.5M
Price/Sqft
$2,688
HOA
-
Days on market
-
Sold On
-
MLS number
25630597
Home ConditionExcellent
Features
Good View: Mountain(s)
Deck
Pool
Spa
Patio
ViewMountain(s)

About this home

Tucked away in the coveted enclave of Point Dume, this exceptional modern estate offers a rare expression of privacy, architectural refinement, and effortless coastal living. The residence unfolds as a serene retreat, where sun-drenched interiors, expansive walls of glass, and elevated finishes create a seamless dialogue between indoor spaces and the surrounding landscape. Resort-inspired grounds frame a striking pool and tranquil outdoor lounges, inviting long afternoons and golden-hour evenings in complete seclusion. Designed for both inspired entertaining and relaxed everyday moments, the home embodies a refined yet laid-back Malibu lifestyle with a distinctly forward-thinking sensibility and timeless Malibu allure.

J
Joshua Altman
Listing Agent

Price History

Date
Event
Price
08/03/16
Sold
$2,400,000
10/14/10
Sold
$1,015,000
10/23/09
Sold
$1,000
Condition Rating
Excellent

This property was built in 2022, making it a newly constructed estate. The images showcase a modern, high-end design throughout, with a pristine kitchen featuring integrated, top-of-the-line appliances, sleek cabinetry, and luxurious marble countertops. Bathrooms are equally impressive with contemporary fixtures, floating vanities, and stylish finishes. All components appear new or virtually new, reflecting current quality standards with no signs of wear or deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 73829, living area = 8000.
Prime Point Dume Location: Situated in the 'coveted enclave of Point Dume, Malibu,' offering unparalleled prestige, desirability, and a quintessential coastal lifestyle.
New Modern Construction: Built in 2022, this 'exceptional modern estate' boasts contemporary architectural refinement, forward-thinking design, and brand-new systems.
Exceptional Privacy & Seclusion: Described as 'tucked away' with 'complete seclusion' and a 'serene retreat' ambiance, ideal for high-profile buyers seeking ultimate discretion.
Luxury Design & Elevated Finishes: Features 'expansive walls of glass,' 'elevated finishes,' and a 'seamless dialogue between indoor spaces and the surrounding landscape,' creating a sophisticated living environment.
Resort-Inspired Outdoor Living: Includes 'resort-inspired grounds,' a 'striking pool,' and 'tranquil outdoor lounges' designed for both inspired entertaining and relaxed everyday moments.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 8000, other record living area = 6447. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Limited View Type: The property explicitly states 'Mountain(s)' view. While scenic, this may not meet the expectations of some ultra-luxury Malibu buyers who prioritize direct ocean views or panoramic ocean vistas, which often command the highest premium in this market.
High Price Point: The $21.5 million list price targets an extremely niche market segment, inherently limiting the pool of potential buyers and potentially leading to a longer sales cycle.
Undisclosed Advanced Amenities: While a modern estate, the description lacks specific details on advanced smart home systems, state-of-the-art security, or dedicated luxury amenities like a home theater, gym, or spa, which are often expected in properties of this caliber and price.
Browse Properties by State Browse housing market trends by state