
Malibu, California 90265
This Exceptional Point Dume Sanctuary is listed at $7,450,000, offering a stable and fair price point near its $7,046,650 Fair Market Value. Boasting a Condition Rating of 3, this Move-in Ready ranch-style home features a Chef’s Kitchen, Riviera II Beach Key Access, and 1.64 Private Acres of scenic grounds. The property provides a unique Lifestyle opportunity with architectural plans for a future 10,000+ sq. ft. estate already in development. Located within the Santa Monica-Malibu Unified District, this retreat is a perfect fit for Luxury Owner-Occupants or Growing Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28850 Boniface Drive Subject | $7,450,000* List Price | 3 | 3 | 2,758 | $2,555 | - |
A 6649 Zumirez Drive Sold | $6,600,000 | 3 | 3 | 2,752 | $2,398 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1955, this ranch-style home has been extensively renovated and is in move-in ready condition. The interior features high-end finishes including a chef's kitchen with premium Sub-Zero and Miele appliances, vaulted beamed ceilings, recessed lighting, and updated flooring. While the cabinetry and tile styles suggest the renovation is likely 10-15 years old rather than brand new, the property is exceptionally well-maintained with modern systems and no visible deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 71592, living area = 2758.
The property includes a coveted Riviera II beach key, providing private and secure access to one of Malibu's most prestigious and sought-after coastal stretches.
With over 1.64 acres and architectural plans for a 10,000+ sq. ft. estate already in place, this property offers a massive value-add opportunity for a custom luxury build.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2758, other record living area = 1795.
Built in 1955, the current ranch-style home may require extensive modernization or a complete teardown to align with the high-end luxury standards of the neighborhood.
The premium list price is heavily weighted toward land value and potential, necessitating a substantial secondary investment to realize the property's full development potential.
Exceptional Point Dume property on over 1.64 acres of private, scenic grounds, complete with coveted Riviera II beach key access. Set behind private entry doors, this beautifully maintained ranch-style home offers a rare combination of privacy, space, and effortless Malibu living. The thoughtfully designed floor plan features a chef's kitchen with six-burner range and grill, Sub-Zero refrigerator, Miele dishwasher, large island, and walk-in pantry. The dining area and spacious living room open seamlessly through double French doors to multiple outdoor entertaining areas, creating an ideal indoor-outdoor flow. The east wing includes three bedrooms, while the west wing is dedicated to a private primary suite with a large walk-in closet and its own secluded outdoor patio. Designed for both everyday living and entertaining, the property features expansive grounds, multiple outdoor dining spaces, and a pergola-covered fire pit overlooking a scenic gulley. A recently completed, fully permitted, drivable bridge over the seasonal stream seamlessly connects and maximizes usability across the entire property. Dual driveways provide ample parking, and the spacious garage, currently outfitted as a gym, includes built-in media and generous storage. The property also includes architectural design development plans for a future estate, along with completed geology, soils, archaeological, and biological studies, offering significant upside potential. Ideally located near Point Dume Village, with easy golf cart access to local dining, shopping, and world-class beaches. A rare opportunity to own a private sanctuary with beach key in one of Malibu's most sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 3.0 | 4.0 | 48% |
| Square foot | 2,758 | 2,752 | 52% |
| Lot Size | 71,592 | 18,758.5 | 81% |
| Price | $7.45M | $3.77M | 77% |
| Price per sq ft | $2.7K | $1.3K | 91% |
| Built year | 1955 | 1979 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 226 | 2% |
Mar 27, 2026
$7,450,000
Initial Listing
Apr 21, 2010
$1,750,000
Public Record
Sep 29, 2005
$2,625,000
Public Record