
Malibu, California 90265
This High-Potential Investment Opportunity is a Single Family Residence listed at $21,500,000, positioned well below the $22,191,208 Fair Market Value by 3%. This valuation gap offers $691,208 in Instant Equity. With a Condition Rating of 4, the estate offers a rare canvas for modernization across its 10,000-square-foot footprint. Featuring panoramic ocean views, a lagoon-style infinity pool, and a tennis court, this property is an ideal acquisition for Value-Add Investors or Ultra-Luxury Owner-Occupants seeking a generational legacy estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7160 Dume Drive Subject | $21,500,000* List Price | 6 | 9 | 9,911 | $2,239 | - |
A 28837 Selfridge Drive Active | $19,995,000 List Price | 5 | 8 | 8,000 | $2,499 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, this 35-year-old estate is well-maintained but remains largely dated with original Mediterranean architectural details and built-ins. While the grounds are expansive, the interior finishes and systems likely exceed the 20-year mark without a recent comprehensive renovation, aligning with the listing's suggestion to 'personalize' the property into a legacy estate.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 88860, living area = 9911.
Situated on over 2 acres of rare double-lot coastal land, this 10,000-square-foot estate offers unparalleled privacy and massive volume seldom found in the prestigious Point Dume area.
The grounds are fully equipped for luxury entertaining with a lagoon-style infinity pool, a comprehensive pool house with a full kitchen, a tennis court, a yoga studio, and separate guest quarters.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =88860, other record lot size in square feet = 74492.
Constructed in 1991, the Mediterranean architecture and interior finishes may require significant capital investment to update the estate to current ultra-luxury contemporary standards.
The sheer scale of the 10,000-square-foot residence and 2-acre grounds, including specialized facilities like the tennis court and infinity pool, necessitates high ongoing carrying and maintenance costs.
Perched on over 2 acres of pristine coastal land, this 10,000-square-foot Mediterranean masterpiece offers a lifestyle of absolute privacy and scale. With head-on views stretching from Catalina to the western sunsets, the estate is perfectly sited to capture the very best of Malibu's horizon. The main residence features expansive, light-filled public rooms that flow seamlessly into the ocean breeze, anchored by a gourmet kitchen and a "great room" that frames Point Dume like a work of art. The grounds are a private resort: a lagoon-style infinity pool, a comprehensive pool house with a full outdoor kitchen, a tennis court, and separate one-bedroom guest quarters. From the dedicated yoga-dance studio and wine cellar to the lower fields and playground, every inch of this 2+ acre double-lot is designed for world-class entertaining. This is a rare opportunity to acquire immense volume on one of areas most prestigious lots and personalize it into a generational legacy estate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 84% |
| Baths | 9.0 | 4.0 | 93% |
| Square foot | 9,911 | 3,233 | 97% |
| Lot Size | 88,860 | 27,706.5 | 81% |
| Price | $21.50M | $4.80M | 94% |
| Price per sq ft | $2.2K | $1.4K | 74% |
| Built year | 1991 | 1979 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 200 | 6% |
May 5, 2026
$21,500,000
Initial Listing
Jun 30, 2017
$11,500,000
Public Record
Jul 9, 1996
$5,075,000
Public Record