28869 Selfridge Drive, Malibu, California 90265, Malibu, 90265 - 5 bed, 5 bath

28869 Selfridge Drive, Malibu, California 90265 home-pic-0
ACTIVE$7,481,200
28869 Selfridge Drive, Malibu, California 90265
5Beds
5Baths
4,950Sqft
24,998Lot

Price Vs. Estimate

The estimated value ($7,481,200) is $0 (0%) lower than the list price ($7,481,200). 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 = 24998, living area = 4950.
Top Cons:
High Price Point & Limited Buyer Pool: With a list price of $7.48 million, the property targets an extremely niche, ultra-high-net-worth buyer demographic, potentially leading to a longer market time.

Compared to the nearby listings

Price:$7.48M vs avg $4.44M (+$3,043,700)71%
Size:4,950 sqft vs avg 2,813 sqft79%
Price/sqft:$1.5K vs avg $1.3K63%

More Insights

Built in 2022 (3 years old).
Condition: This property was built in 2022, making it a brand-new construction. The description highlights 'impeccable style and high-end finishes,' 'top-of-the-line Thermador appliances' in the kitchen, and 'spa-like bathrooms' with modern features. The images confirm a pristine, contemporary aesthetic with white oak floors, modern light fixtures, and state-of-the-art systems throughout, indicating no deferred maintenance and minimal physical depreciation. All components are new and meet current quality standards.
Year Built
2022
Close
-
List price
$7.48M
Original List price
$7.48M
Price/Sqft
$1,511
HOA
-
Days on market
-
Sold On
-
MLS number
25597599
Home ConditionExcellent
Features
Excellent View: Coastline, Mountain(s), Ocean
Deck
Pool
Spa
Patio
ViewCoastline, Mountain(s), Ocean

About this home

An unbeatable opportunity to own a brand-new modern home in Point Dume, complete with a coveted private beach key! Don't miss your chance to join one of Malibu's most desirable communities with exclusive access to Little Dume Beach. Built in 2022, this stunning contemporary estate offers a beautifully designed four-bedroom, four-bathroom main house, plus a separate one-bedroom guest apartment. Thoughtfully crafted with impeccable style and high-end finishes, the home seamlessly blends indoor and outdoor living, creating an ideal setting for both relaxation and entertaining. Step inside to be greeted by a sun-drenched foyer, soaring floor-to-ceiling windows, and elegant white oak floors. The open-concept layout flows effortlessly, connecting the chef's kitchen, spacious dining area, and dramatic double-height living room centered around a sleek gas fireplace. The kitchen is a dream for culinary enthusiasts, outfitted with top-of-the-line Thermador appliances, a wood-paneled automatic double-door refrigerator, a wine fridge, modern Pitt burners, and ample prep space for hosting. Outside, a private oasis awaits. Lounge by the sparkling pool, soak in the spa tub, or unwind on the LPE wood pool deck. Gather with friends around the sunken seating area and outdoor fireplace, or enjoy al fresco dining at the built-in grill and stone dining table. The first floor includes a stylish guest suite with an en-suite bath and direct access to the yard and pool. Upstairs, two additional guest bedrooms, each with a private bathroom and patio, share a cozy family room with a built-in study area boasting breathtaking mountain views. The upstairs patio and deck offer even more opportunities to take in stunning ocean vistas. The primary suite occupies its own private wing, featuring a spa-like bathroom with a soaking tub, steam shower, and dual sinks. A gas fireplace adds warmth to the space, while a spacious private deck overlooks the pool with glimpses of the ocean and coastline. For added flexibility, the detached guest apartment includes a living area, kitchenette, bathroom, and a loft-style bedroom, perfect for visiting guests or extended stays. A two-car garage and a generous motor court complete this incredible estate, offering ample parking and convenience. This is more than just a home, it's the ultimate expression of the Malibu lifestyle. Don't miss out on this rare chance to own a piece of paradise!

Price History

Date
Event
Price
06/21/24
Sold
$5,500,000
11/05/19
Sold
$1,500,000
12/28/12
Sold
$1,875,000
04/12/02
Sold
$899,000
Condition Rating
Excellent

This property was built in 2022, making it a brand-new construction. The description highlights 'impeccable style and high-end finishes,' 'top-of-the-line Thermador appliances' in the kitchen, and 'spa-like bathrooms' with modern features. The images confirm a pristine, contemporary aesthetic with white oak floors, modern light fixtures, and state-of-the-art systems throughout, indicating no deferred maintenance and minimal physical depreciation. All components are new and meet current quality standards.
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 = 24998, living area = 4950.
New Construction & Modern Design: Built in 2022, this brand-new contemporary estate features impeccable style, high-end finishes, white oak floors, and soaring floor-to-ceiling windows, offering a turn-key luxury experience.
Exclusive Beach Access: The property includes a coveted private beach key, granting exclusive access to Little Dume Beach, a highly desirable and rare amenity in Malibu.
Luxurious Indoor/Outdoor Living: Designed for seamless indoor-outdoor flow, the home boasts a sparkling pool, spa, LPE wood deck, sunken seating area with an outdoor fireplace, built-in grill, and stone dining table, creating an ultimate entertaining oasis.
Gourmet Chef's Kitchen: The kitchen is outfitted with top-of-the-line Thermador appliances, a wood-paneled automatic double-door refrigerator, wine fridge, and modern Pitt burners, catering to serious culinary enthusiasts.
Flexible Living Arrangements: Beyond the four-bedroom main house, a separate one-bedroom guest apartment with a living area, kitchenette, and bathroom provides ideal flexibility for guests, staff, or extended family.

Cons

High Price Point & Limited Buyer Pool: With a list price of $7.48 million, the property targets an extremely niche, ultra-high-net-worth buyer demographic, potentially leading to a longer market time.
Significant Ongoing Maintenance: The extensive luxury amenities, including a pool, spa, multiple outdoor entertaining areas, and high-end appliances, will incur substantial ongoing maintenance and operational costs.
Partial Ocean Views from Primary Suite: While the property offers ocean vistas, the primary suite description mentions 'glimpses of the ocean,' implying not a full, unobstructed panoramic ocean view from this key area, which some luxury buyers might expect at this price point.

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