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

28869 Selfridge Drive, Malibu, California 90265 home-pic-0
ACTIVE$7,381,200$4,950/sqft
Est. Value: $7,802,993
5%
BelowEstimate
28869 Selfridge Drive, Malibu, California 90265
5Beds
5Baths
4,950Sqft
24,998Lot

Price Vs. Estimate

The estimated value ($7,802,993.48) is $421,793.48 (5%) higher than the list price ($7,381,200). This property may be underpriced.

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:
Premium Price Point: The list price of over $7.3 million positions this property in a highly exclusive market segment, which may limit the pool of potential buyers.

Compared to the nearby listings

Price:$7.38M vs avg $4.35M (+$3,031,200)72%
Size:4,950 sqft vs avg 2,744 sqft83%
Price/sqft:$1.5K vs avg $1.3K62%

More Insights

Built in 2022 (4 years old).
Condition: This property was built in 2022, making it a brand-new construction. The description highlights 'impeccable style and high-end finishes,' including a 'chef's kitchen' with 'top-of-the-line Thermador appliances' and 'modern Pitt burners,' as well as 'spa-like bathrooms' with soaking tubs and steam showers. The images confirm a pristine, contemporary aesthetic throughout, featuring white oak floors, floor-to-ceiling windows, modern light fixtures, and all components appearing new and of the highest quality. There is no evidence of deferred maintenance or physical depreciation, perfectly aligning with the 'Excellent' condition criteria.
Year Built
2022
Close
-
List price
$7.38M
Original List price
$7.38M
Price/Sqft
$1,491
HOA
-
Days on market
-
Sold On
-
MLS number
26635461
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!

D
D. Peter Mac
Listing Agent

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,' including a 'chef's kitchen' with 'top-of-the-line Thermador appliances' and 'modern Pitt burners,' as well as 'spa-like bathrooms' with soaking tubs and steam showers. The images confirm a pristine, contemporary aesthetic throughout, featuring white oak floors, floor-to-ceiling windows, modern light fixtures, and all components appearing new and of the highest quality. There is no evidence of deferred maintenance or physical depreciation, perfectly aligning with the 'Excellent' condition criteria.
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.
Exclusive Private Beach Access: The property offers a coveted private beach key, granting exclusive access to Little Dume Beach, a highly desirable and rare amenity in Malibu.
Brand New Modern Construction & High-End Finishes: Built in 2022, this contemporary estate features impeccable style, an open-concept layout, soaring floor-to-ceiling windows, elegant white oak floors, and top-of-the-line finishes throughout.
Luxurious Indoor/Outdoor Living & Amenities: Seamlessly blending indoor and outdoor spaces, the property boasts a sparkling pool, spa tub, LPE wood deck, sunken seating area, outdoor fireplace, built-in grill, and stone dining table, creating a private oasis for entertaining.
Gourmet Chef's Kitchen: The kitchen is a culinary dream, outfitted with top-of-the-line Thermador appliances, a wood-paneled automatic double-door refrigerator, wine fridge, modern Pitt burners, and ample prep space.
Versatile Guest Accommodations & Multiple Suites: Includes a detached one-bedroom guest apartment, a stylish first-floor guest suite, and two additional upstairs guest bedrooms, each with private bathrooms and patios, offering exceptional flexibility for guests or extended family.

Cons

Premium Price Point: The list price of over $7.3 million positions this property in a highly exclusive market segment, which may limit the pool of potential buyers.
High Ongoing Maintenance Costs: The extensive luxury features, including a pool, spa, outdoor kitchen, and high-end appliances, will likely incur significant recurring expenses for maintenance, utilities, and specialized services.
Potential for Limited Seclusion: While offering a private oasis, the 0.57-acre lot, depending on its exact configuration and proximity to neighboring properties, might not provide the expansive, ultra-private estate feel some buyers at this price point desire.
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